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Home » Blog » Nigeria’s most prominent CEOs, along with brief biographies and their estimated net worths:
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Nigeria’s most prominent CEOs, along with brief biographies and their estimated net worths:

Victor KakuluBy Victor KakuluJanuary 15, 20251 Comment3 Mins Read
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Here are some of Nigeria’s most prominent CEOs, along with brief biographies and their estimated net worths:

  1. Aliko Dangote
    • Position: Founder and CEO of Dangote Group
    • Biography: Born on April 10, 1957, in Kano, Nigeria, Aliko Dangote is the founder of the Dangote Group, a conglomerate with interests in commodities such as cement, sugar, and flour. He started his business in 1977 and has grown it into one of the largest industrial groups in Africa.
    • Net Worth: Approximately $15.3 billion Wikipedia
  2. Mike Adenuga
    • Position: Founder and CEO of Globacom
    • Biography: Born on April 29, 1953, in Ibadan, Nigeria, Mike Adenuga is the founder of Globacom, Nigeria’s second-largest telecommunications operator. He also has interests in oil exploration and real estate.
    • Net Worth: Approximately $7.3 billion Wikipedia
  3. Abdul Samad Rabiu
    • Position: Founder and CEO of BUA Group
    • Biography: Born on August 4, 1960, in Kano, Nigeria, Abdul Samad Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in cement production, sugar refining, and real estate. He is also the chairman of the Nigerian Bank of Industry.
    • Net Worth: Approximately $7.6 billion Wikipedia
  4. Femi Otedola
    • Position: Former CEO of Forte Oil
    • Biography: Born on November 4, 1962, in Ibadan, Nigeria, Femi Otedola is a Nigerian businessman and philanthropist. He was the chairman of Forte Oil PLC, an importer of fuel products, and has other business interests in shipping, real estate, and finance.
    • Net Worth: Approximately $4.7 billion Wikipedia
  5. Tony Elumelu
    • Position: Chairman of Heirs Holdings and Transcorp
    • Biography: Born on March 22, 1963, in Jos, Nigeria, Tony Elumelu is an economist, entrepreneur, and philanthropist. He is the chairman of Heirs Holdings, the United Bank for Africa, Transcorp, and founder of The Tony Elumelu Foundation, which promotes entrepreneurship in Africa.
    • Net Worth: Estimated at over $700 million
  6. Folorunsho Alakija
    • Position: Vice Chair of Famfa Oil
    • Biography: Born on July 15, 1951, in Ikorodu, Nigeria, Folorunsho Alakija is a Nigerian businesswoman involved in the fashion, oil, and printing industries. She is the vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset.
    • Net Worth: Approximately $1 billion
  7. Herbert Wigwe
    • Position: CEO of Access Bank PLC
    • Biography: Born on August 15, 1966, in Lagos, Nigeria, Herbert Wigwe is a Nigerian banker and entrepreneur. He is the CEO of Access Bank PLC, one of Nigeria’s leading banks, and has been instrumental in its growth and expansion across Africa.
    • Net Worth: Estimated at over $100 million
  8. Olusegun Agbaje
    • Position: CEO of Guaranty Trust Bank
    • Biography: Born on July 8, 1964, in Lagos, Nigeria, Olusegun Agbaje is the CEO of Guaranty Trust Bank (GTBank), one of Nigeria’s foremost financial institutions. Under his leadership, GTBank has seen significant growth and innovation in the banking sector.
    • Net Worth: Estimated at over $100 million
  9. Jim Ovia
    • Position: Founder of Zenith Bank
    • Biography: Born on November 4, 1951, in Agbor, Nigeria, Jim Ovia is the founder of Zenith Bank, one of Nigeria’s largest financial institutions. He is also a philanthropist and author, known for his contributions to the Nigerian banking sector.
    • Net Worth: Approximately $980 million
  10. Joseph Eze Okafor Jr. (Jowizazaa)
    • Position: CEO of Jezco Oil and Lubricants
    • Biography: Born on March 19, 1985, Joseph Eze Okafor Jr., popularly known as Jowizazaa, is the CEO of Jezco Oil and Lubricants, a prominent company in Nigeria’s oil and gas industry. He is known for his luxurious lifestyle and business acumen.
    • Net Worth: Approximately $74.6 million William Kwamba

These individuals have significantly contributed to Nigeria’s economic landscape through their leadership and entrepreneurial endeavors.

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Victor Kakulu
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1 Comment

  1. David Tochukwu Ezeali on January 20, 2025 8:53 pm

    Great.

    Reply
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