Top 10 Richest Women In Nigeria Nigeria, Africa’s most populous black country,
is recognized for its colorful and friendly culture, which can be observed in a number
of artistic forms.
Africa’s fashion, technical, and artistic powerhouses, as well as the world’s second-largest
film industry, are all found here.
It’s intriguing to learn who the wealthiest people in Nigeria are at any given time and
it’s even more fascinating to know which women have the highest net worth in Nigeria
right now, given that the list is still dominated by males.
These ladies of riches have it all: a successful company, high-end autos, and multiple mansions.
The bulk of them, like their male counterparts, made money in the oil and gas business, however
some made money in fashion, real estate, food commodities, and banking and finance.
Others began with nothing and now have enterprises with millions of employees and yearly sales
in the billions of naira.
Due to how successful they have been in their respective sectors, most of them have been
worldwide recognized and decorated with multiple honors, the kinds you cannot easily come across.
Indeed, they’re the perfect example of the expression, “what a guy can do, a woman
does better”.
What separated these ladies was their capacity to use, invest, and build their fortune across
several enterprises, rather than their ability to make money, which everybody can do.
As a consequence of this, this article will focus on the top ten wealthiest women in Nigeria
in 2022, as well as provide an estimate of their total fortune.
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10.
DIEZANI, ALLISON MADUEKE Diezani The first woman to ever hold the position
of President of the Organization of the Petroleum Exporting Countries (OPEC), Allison Madueke
is married to a retired admiral and has a total of six children.
Between the years 2007 and 2015, she served as the Minister of Mines and Steel Development,
as well as the Minister of Transportation and the Minister of Petroleum Resources.
Madueke started out her professional life at Shell Petroleum Development Corporation,
where she was employed both in the operations of the estate and as an architectural consultant
in the Lagos office.
During this time, she was based in Nigeria.
Her first promotion came in 1997, when she was given the position of Head of Civil Infrastructures.
Subsequently, she was given the position of Head of the Corporate Issues and Crisis Management
Unit.
After completing her studies for an MBA at Cambridge, she was given the position of Lead
Joint Ventures Representation Adviser in the year 2004.
She has a net worth of five hundred million dollars and is a politician.
9.
NGOZI OKONJO-IWEALA Nigerian businesswoman Ngozi Okonjo Iweala
was born on June 13, 1954 in Ogwashi-Ukwu, Delta State.
She is married to Ikemba Iweala, who is also a member of the Iweala family.
She is a mother to four kids.
In 1976, she graduated from Harvard University with a bachelor's degree in economics, and
in 1981, she received a doctorate in economics from the Massachusetts Institute of Technology.
Nigerian economist, business consultant, politician, and expert in international development Ngozi
Okonjo is also a specialist in international development.
He had previously served as both the Director of the World Bank and the Minister of Finance
of Nigeria.
In addition to being a motivational speaker and author, she is also a prominent philanthropist
who is known for her work with women.
With a total wealth of $550 million, Ngozi Okonjo ranks ninth on the list of the wealthiest
women in Nigeria. 8.
STELLA ODUAH Stella Oduah, a successful Nigerian businesswoman,
entrepreneur, and investor, was born on January 5, 1962 in Ogbara, which is located in the
state of Anambra.
Her husband is Chris Ogiemwonyi.
She studied in the United States and received a Bachelor of Science degree in accounting
as well as a Master of Science degree in business administration.
Stella Oduah founded the Sea Petroleum and Gas Company Limited in 1992.
The company is a Nigerian independent marketer of petroleum products, and Oduah serves as
both the company's chairman and CEO at the present time (CEO).
She served as Nigeria's Minister of Aviation before becoming a senator in the country.
Stella Oduah is currently the eighth richest woman in Nigeria according to her net worth
of $600 million.
She is one of the few women in Nigerian politics who has been able to achieve success.
7.
MO ABUDU Mosunmola Abudu, also known simply as Mo Abudu,
is a successful entrepreneur who hails from Nigeria.
On September 11, 1964, she was living in the United Kingdom, where she had spent the majority
of her formative years, when she got married to Tokunbo Abudu (they would subsequently
divorce) and had two children.
She attended the University of Westminster to earn her master's degree in Human Resource
Management and graduated with honors.
As soon as Mo Abudu arrived in Nigeria, she was offered a position as the head of the
human resources department of Exxon Mobil Nigeria, which is one of the most important
oil companies in the country.
Mo Abudu was inspired to fight prejudice and advance human equality since, as a child and
young adult, she was subjected to bigotry because she was a black woman.
Because of what she went through, she is one of the few African women who have made a significant
contribution as a direct result of this event.
Mo Abudu has a lot of interest in a wide array of businesses, such as hotels, companies that
deal with human resources, and the media.
Due to the fact that she recently signed a contract with Netflix worth many millions
of dollars, she is considered to be one of the wealthiest media figures in both Nigeria
and Africa.
Forbes ranked Mo Abudu as the seventh richest woman in Nigeria in 2022, and her net worth
was estimated to be $650 million at that time.
Mo Abudu is known for her charitable work.
6.
BIMBO ALASE Yoruba businesswoman Bimbo Alase, who was
born in 1962 and married the late Kunle Arawole, has broken through previously impenetrable
boundaries in Nigeria and beyond.
Her husband, Kunle Arawole, passed away in 2011.
She is a Nigerian businesswoman who is also an entrepreneur and an investor.
Leatherworld is led by her as both its chairman and its CEO.
Both Pitman College and the Regent Academy of Design and Fine Arts in London were among
her educational institutions of choice.
A Post-Graduate Certificate in Interior Design from the London Design School is another one
of her accomplishments.
In Nigeria, she has established a reputation for producing high-end furniture under the
brand name Leatherworld.
In the months leading up to the beginning of her business in June 1994, she ran a gift
shop and beauty salon in the Lagos neighborhood of Apapa under the name Glamour.
Bimbo Alase is currently the sixth-richest woman in Nigeria, with a net worth of 750
million dollars.
5.
STELLA OKOLI Stella Chinyelu Okoli, more commonly referred
to as Stella Okoli, was born in Kano State in 1944.
Stella Okoli is a well-known entrepreneur, philanthropist, and pharmacist in addition
to being a wealthy woman.
She was married to the late Barrister Christopher Okoli, and the two of them had three children
together.
She began her career by taking jobs in the pharmaceutical industry, where she remained
for a number of years before launching her own company using the knowledge and experience
she earned there.
Her pharmaceutical business, Emzor Chemist Limited, began by purchasing and reselling
already-made drugs before transitioning into the production of their own pharmaceuticals.
Within a time span of fewer than three years, the company had positioned itself as a leading
pharmaceutical producer in the Western region, with the Emzor paracetamol brand serving as
the company's flagship product.
Stella Okoli is one of the few Nigerians who has been recognized globally for her efforts
to provide adequate health care in the country through the products that her company manufactures,
which are frequently recommended even outside of Nigeria.
These efforts have led to her being one of the few Nigerians to receive this recognition.
She is not merely interested in the money, but her company is putting in a lot of effort
to make it possible for Nigerians to purchase drugs at prices that are much more cheap,
with the goal of promoting excellent health throughout the country.
Her past of helping others has helped her amass a net worth of N800 million, which places
her in the top five of the richest women in Nigeria.
4.
FIFI EJINDU Born in 1962 in the city of Ibadan, Fifi Ejindu,
also known as Offiong Ekanem Ejindu, is a successful businesswoman in the country of
Nigeria.
She is the wife of Amechi Ejindu, and the two of them share a son together.
She graduated from Pratt Institute, a renowned design school located in Brooklyn, New York,
in 1983 with a Bachelor of Architecture degree, making her one of the first African women
to achieve a Bachelor's degree in Architecture from that institution.
After receiving her undergraduate degree from Pratt Institute, she attended the Massachusetts
Institute of Technology for a number of classes before continuing her education at Pratt Institute
to earn her master's degree in urban planning before relocating to Nigeria.
In addition to being an architect and a philanthropist, Fifi Ejindu is the person who established
Starcrest Limited.
Real estate, building and design, and potential investment opportunities are the three facets
that are covered by Starcrest, which is accountable for a portion of the foreign investment that
the country receives.
Organizations all around the country are responsible for the management of a large number of residential
and industrial villas.
Fifi Ejindu holds the position of fourth wealthiest woman in Nigeria thanks to her net worth of
850 million dollars.
3.
DAISY DANJUMA Daisy Danjuma was born on August 6, 1952 in
Benin City, which is located in Edo State, Nigeria.
She is currently married to Theophilus Danjuma, a Nigerian millionaire.
She attended Ahmadu Bello University in Zaria and received a Bachelor of Laws degree in
1976.
In 2003, she was elected to the Senate of the Federal Republic of Nigeria, where she
represented Edo South until 2007.
She served in that position until 2007.
Of the moment, she holds the position of Executive Vice Chairman at South Atlantic.
She is from Nigeria and works in the business world as an investor and entrepreneur.
She currently holds the positions of Vice-Chairman and Managing Director of Atlantic Petroleum.
In the year 2022, Daisy Danjuma is the third richest woman in Nigeria, according to her
net worth of 900 million dollars.
2.
HAJIA BOLA SHAGAYA Hajia Bola Shagaya is a private person who
doesn't like to talk about her wealth.
She is a mother of six and has been married to Alhaji Shagaya for many years.
She attended Ahmadu Bello University in Zaria and Armstrong College in California in order
to earn her bachelor's degree from both institutions.
She began her professional life working in the audit department of the Central Bank of
Nigeria before transitioning into commercial activities in 1983.
She began with the importation and distribution of photographic materials, which became her
first significant source of wealth, and she was instrumental in bringing the Konica brand
to the markets of Nigeria and West Africa.
She has been a member of the board of directors at Unity Bank Plc for the past eight years,
and she is also a member of the Nepad Business Group Nigeria, which was only recently established.
Hajia Bola Shagaya serves as the Chief Executive Officer of one of the most successful base
oil importers and distributors in Nigeria (Practoil Limited).
She is an expert in the fields of fashion and art, in addition to being a collector
of exquisite automobiles, one of which is a Rolls-Royce Ghost that cost $90 million.
It is estimated that she has a net worth of $950 million, making her the second wealthiest
woman in Nigeria and the fourth wealthiest woman in Africa.
1.
FOLORUNSO ALAKIJA We'll start with Folorunso Alakija as the
first name on our list.
A successful Nigerian entrepreneur who is married to Mr. Modupe Alakija and has four
boys with him.
She attended Pitman's Central College in London and received her degree in Secretarial Studies
there.
She began her professional life working as an executive secretary for Sijuade Enterprise
in Lagos State.
After twelve years working in the banking industry as an executive secretary, she eventually
rose through the ranks to become the head of corporate affairs for the company she worked
for.
Later in life, she uncovered her passion in fashion design, with a particular concentration
on haute couture.
After the tremendous success of her fashion company, she expanded into other industries,
the most lucrative of which being the oil industry.
She has now become an oil magnate while still maintaining her family's position as the controlling
shareholder in the company.
Additionally, Folorunsho Alakija holds the position of group managing director for The
Rose of Sharon Group.
This role encompasses both The Rose of Sharon Prints & Promotions Limited and the Rose of
Sharon Foundation.
The latter organization provides educational opportunities and professional recognition
to widows and orphans.
In addition, she has a Mercedes-Benz that is valued at 20 million dollars.
In addition to her considerable wealth, Mrs. Alakija is known for the selflessness and
spirituality with which she lives her life.
Alakija was ranked as the 87th most powerful woman in the world by Forbes in 2015.
This placed her directly after Ngozi Okonjo-Iweala.
Alakija is the richest lady in Nigeria and the second richest woman in all of Africa
according to her net worth of one billion dollars.
There are a lot of strong women in Nigeria, like Alakija, who have refused to give up
despite the opposition they have faced along the way in order to pave the way for other
women to be seen as contributors to the expansion of the global economy and not just as childbearers.
Nigeria is fortunate to have such women.
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