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Top 10 Richest Men in Nigeria 2024



Aliko Dangote net worth

Who are the Richest Men in Nigeriain 2024?

Nigeria has some of the wealthiest men in Africa. It is the country in Africa with the highest number of billionaires.

Business mogul Aliko Dangote still maintains his spot as the richest man in Nigeria. He is followed by Glo owner Mike Adenuga.

Read through as we bring to you the full list of Nigerian Billionaires

Top Richest men in Nigeria

Aliko Dangote

Richest Man in Africa 2020

Aliko Dangote  is a Nigerian billionaire businessman, who is the founder and chairman of Dangote Group, an industrial conglomerate in Africa.

He has an estimated net worth of US$12.3 billion making him the 162nd wealthiest person in the world and the richest person in Africa.

The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company.

Today, it is a multi-trillion naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia, and Togo. Dangote has expanded to cover food processing, cement manufacturing, and freight.

The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country’s soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

Mike Adenuga

Michael Adenuga Jr is a Nigerian billionaire businessman, and the third richest person in Africa.

His company Globacom is Nigeria’s second-largest telecom operator, which has a presence in Ghana and Benin.

He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $6.7 billion.

Richest man in Nigeria

Folorunso Alakija

richest man in Nigeria.

Folorunso Alakija  is a Nigerian billionaire businesswoman. She is involved in the fashion, oil, real estate and printing industries.

She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited.

She also has a majority stake in DaySpring Property Development company. Alakija is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $1 billion.

Jim Ovia

Jim James Ovia  is a Nigerian businessman, a native of Agbor in Delta State. He founded Zenith Bank in 1990.

Jim James Ovia net worth is $980 million making him among the richest man in Nigeria.

Abdul Samad Rabiu

richest man in Nigeria.

Abdul Samad Isyaku Rabiu  is a Nigerian businessman. He  is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion.

He is also the chairman of the Nigerian Bank of Industry . He is another richest man in Nigeria.

Jimoh Ibrahim

Jimoh Ibrahim net worth

Jimoh Ibrahim  is a Nigeria lawyer, politician, businessman and philanthropist. He is the chairman and chief executive officer of Global Fleet Group, a diversified conglomerate based in Nigeria, with business interests and subsidiaries in neighboring West African countries.

Femi Otedola

Femi Otedola net worth

Femi Otedola is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. His

Tony Elumelu

Tony Elumelu net worth

Tony Onyemaechi Elumelu  is an African economist, entrepreneur, and philanthropist. He is the chairman of Heirs Holdings, the United Bank for Africa,Transcorp and founder of The Tony Elumelu Foundation.

Elumelu holds the Nigerian national honours, the Commander of the Order of the Niger (CON) and Member of the Order of the Federal Republic (MFR) in 2003.

Richest Man in Nigeria

Arthur Eze 

Arthur Eze net worth

Arthur Eze is a man that gives in both millions and billions without any expectations whatsoever. Even as he gives freely, he still has more than enough to give from his reservoir of wealth. He is worth billions, as an oil mogul, even though we cannot ascertain his net worth.

However, according to, his net worth is estimated at $5.8 billion.

Cletus Ibeto

richest man in Nigeria

 The Ibeto Group under the Ibeto’s leadership was a pacesetter in the region and nation’s trading and later manufacturing development.

The Company owns the largest liquid storage facilities for petroleum products in Nigeria with a capacity of over 60,000 metric tonnes located at Apapa Wharf and Ibru Jetty Complex, Lagos.