Richest Women in Nigeria – Â A few decades ago, you wouldn’t have heard anything about a woman being a billionaire! However, the story has since changed over the turn of the millennium as we now have several women whose wealth and assets run into hundreds of millions and even billions of dollars. #The richest woman in Nigeria.
Little wonder the saying “what a man can do, a woman can do even better”. Who are these women? The wealthy women control lots and lots of cash. Ask no further; we introduce them to you in this article.
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Our Assessment Parameters
The parameters we used in carrying out this assessment include: the number and quality of companies they own/manage, the number of shares they control, the market value of their companies and other investments, and their general net worth.
Also, note that the other super-rich women with no clear business or professional model are not included in this list. This is so because money doesn’t fall from the sky. To be considered rich, you should have something legally making money for you.
Top 5 Richest Women in Nigeria to Watch Out in 2021
The richest women in Nigeria this 2021 include:
Folorunsho Alakija
Mrs Folorunsho Alakija has struggled to maintain her position as the richest woman in Nigeria for many years now and the second richest woman in Africa.
Ask me, and I will tell you that I’m really proud of her achievements. Folorunsho started out as a top-notch fashion designer practising the profession which she studied at American college London and the central school of fashion.
Her rise to billionaire status started when she won the bid for an Oil Prospecting License in Nigeria, which led to the creation of Famfa Oils Limited, which is today a multi-billion dollar empire. Note that the bulk of her wealth comes from this oil block.
At the time of writing this post, her Net worth stands at 1.6 Billion dollars. Can you believe that? She’s also got a lot of massive property all across Nigeria, with a private jet to her credit.
In 2017, Funsho hosted one of the most glamorous weddings in the world, which took place in England. Her son, Folarin Alakija, married his heartthrob, the Iranian beauty Jafarian Ghaissarifar.
Hajia Bola Shagaya
Hajia Bola made it on our list of richest women in Nigeria, and deservedly so. She is the second richest woman in Nigeria at the moment and the 4th richest woman in Africa.
At the moment, she is the CEO of Bolmus Group International. The company is professionally into many things like real estate, oil and gas, banking and other services.
Aside from the above, this woman is equally a board member of Unity Bank Plc. She’s got hundreds of houses scattered throughout Nigeria, including a private jet that is rumoured to cost over 30 million dollars.
She is a close confidant of the former president’s wife, Patience Jonathan and was awarded Member of the Order of the Niger.
Just like Alakija, the bulk of her stupendous wealth comes from her Oil and Gal industry. At the time of writing this post, her Net worth is over 1 billion dollars, hence making her the second richest woman in Nigeria.
Fifi Ejindu
She might not be so well known, but I can assure you that this lady is stinking rich! She is the great-granddaughter of King James Ekpo Bassey of Cobham Town in Calabar, Nigeria. She graduated as an architect from Pratt Institute in the United States.
She later started Starcrest Group of companies, which has an interest in oil and gas, real estate, and building construction. Her conglomerate grew to become a multi-million-dollar empire making Fifi one of the richest women in Nigeria and Africa.
FifiEjinduwas awarded the African Achievers African Arts and Fashion Lifetime Achievement award in 2013. She is worth over $600 million.
Dr Stella Okoli
Dr Stella Okoli has since risen to the status of an A-list Nigerian billionaire with her drive to make healthcare affordable and available.
This is a Nigerian woman who worked her way up the pharmaceutical industry in Nigeria to become an unrivalled entrepreneur in her field.
Dr Stella Okoli is the proud founder and CEO of Emzorpharmaceutical Industries Limited which produces over 30 drugs that are consumed by millions of Nigerians and Africans daily. The company is over 33 years old already and still burgeoning.
Her drive for sustainable healthcare has not only brought her money but accolades and government recognition too.
She was bestowed with the Member of the Order of the Nigerian 2012 by president Goodluck Jonathan 2012 and was also honoured with the ECOWAS International Gold Award. She is worth over $500 million.
Bimbo Alase
Mrs Bimbo Alase is a Nigerian feminine billionaire who has cemented her place amongst the high and mighty in Nigerian society.
Bimbo Alasestarted small as a small business owner of a furniture store in Lagos, which she later transitioned to Leatherworld furniture company. Leatherworld grew to become the biggest furniture company in Lagos.
Her company partnered with NIERI, one of the best furniture-making companies based in Tuscany, Italy, to produce some of the best furniture ever made in Africa, which was in 2005.
Today, the Leather world has become a multi-million-dollar empire which makes Bimbo Alase one of the richest women in Nigeria. The proud mother of one has over $400 million to her credit.
Daisy Danjuma
She is a lawyer and the wife of General Theophilus Yakubu Danjuma, a former army chief.
Between 1977 and 1978, Daisy worked as an executive secretary for Nigerian Acceptances Limited (NAL). From 1982 to 1992, she served as the Nigerian Television Authority’s (NTA) Company Secretary and Legal Consultant. She was elected to represent Edo South as a senator from 2003 to 2007.
The Nigerian lawyer held board positions with a number of public and private companies. She served as a director for South Atlantic Petroleum (SAPETRO), a leading oil company, before being named chairwoman of May & Baker Nigeria PLC, a prestigious drug manufacturing firm, in 2019.
Mosunmola Abudu
With a personal net worth of $650 million, Mosunmola Abudu, the owner of Ebonylife Television and Films, will make the list of the top richest women in Nigeria in 2022. She has been referred to by Forbes as “Africa’s Most Successful Woman” and listed by The Hollywood Reporter as among the “25 Most Influential Women in Global Television.”
Her company, Ebonylife Television & Film, is a production studio that makes films and other forms of entertainment. The company, which was established in 2006, broadcasts across the UK, the Caribbean, and more than 49 African nations.
On July 1, 2013, EbonyLife TV made its debut on DSTV Channel 165, owned by Multichoice. EbonyLife TV, one of the top 25% of most popular networks on the DStv platform, launched a deluxe, multi-screen video-on-demand (VOD) platform aimed at Africans living abroad less than a year after it began operating.
There you have it, our women in Nigeria are becoming crazily rich, with net worth running in multiples of millions and billions of dollars! The onus is not just on the men anymore. Women are now standing up to be counted.
So guys, how do you feel about our list of richest women in Nigeria? You can make your contribution by using the comment section down below. and share