41 Views

9 Nigerian Billionaires You Never Knew Were This Stinking Rich

We have seen many popular billionaires in Nigeria like Aliko Dangote, Mike Adenuga or Mrs. Folorunsho Alakija. But, there are still many others who are shy of the limelight.
Jimoh Ibrahim
1. Jimoh Ibrahim – Nicon Insurance, Global Fleet
The story of Jimoh Ibrahim cannot fail to inspire anyone treading the path to become successful in life. Born to poor parents with about 17 siblings on 24 February 1967. He became a millionaire when he was still studying law at the prestigious Obafemi Awolowo University (OAU) running seminars for local governments on Taxation. In 2002/2003 he contested for the governorship position of Ondo State but lost and he went on to start Global Fleet – a petroleum marketing company. Today he has grown to become one of Nigeria’s billionaires and his investments include the following sectors, among others: oil and gas distribution, hotels, resorts, airlines, banking, real estate, insurance, publishing and investments. He delivers free lectures once a month at Excellence Hotel in Ogba, Lagos through City People on how Nigerians can make millions from any business they venture into.
Chief Ade Ojo
2. Chief Ade Ojo – Elizade Motors Nig LTD, Distributor of Toyota cars
Chief Michael Ade Ojo was born on June 14, 1938 and was one of the pioneer students of the University of Nigeria, Nsukka where he graduated from with a degree in Business Administration in 1965. In 1975, he cofounded Elizade Independent Agencies, with his late wife, Chief (Mrs.) Elizabeth Wuraola Ojo. The name originated from the first four letters of his wife’s name “Eliz” as well as the first three letters of his own name “Ade.” Today, the company has grown into ELIZADE Group of Company with as much as seven subsidiaries. He is also solely involved in the construction of a polytechnic; Elizade Polytechnic, Ilara Mokin which is aimed at giving the average Nigerian child quality education.
Jim Ovia
3. Jim Ovia – Banking and Communications
Mr. Jim Ovia was a co-founder of Zenith Bank Plc and he served as its Group Managing Director and Chief Executive Officer for 10 years. In July this year, he returned as chairman of Zenith Bank Group and he remains the bank’s largest individual shareholder with a 9.3% stake. He is also the founder of Visafone Communications Limited and in August 2014, he started construction on a $1.5 billion petrochemical complex in Akwa-Ibom in Nigeria. He is a holder of he Member of the Order of Federal Republic (MFR).
Chief Raymond Dokpesi
4. Chief Raymond Dokpesi – Daar Communication, AIT
Born in Ibadan, Oyo state on the 25th of October 1951, Chief Raymond Dokpesi is the founder and chairman of DAAR Communications Limited. He launched Nigeria’s first independent radio station, Raypower, in 1994 and two years later he also launched the first Afrocentric Global Television Station, Africa Independent Television (AIT).  AIT is Africa’s first broadcast station to transmit from and into the United States of America.
Dr Pascal Dozie
5. Pascal Dozie – MTN Nigeria, Diamond Bank
Pascal Dozie was born to a country court interpreter in Owerri Imo state on April 9, 1939. He established Diamond Bank which commenced operations in 1991 and the multi-billionaire has once revealed in an interview that the first customer was his wife. He pioneered electronic transfers in Nigeria to enable traders transfer their cash easily without having to carry it around. The real source of his wealth came when a South African cellphone company, MTN partnered with him to setup a cellphone network in the Nigerian market. Taking the huge risk at the time, he raised the necessary funds with MTN completing the rest and today Nigerians can attest to the success of MTN Nigeria. He is currently Chairman of MTN Nigeria and is a founding partner of Africa Capital Alliance, the first Nigerian private equity fund manager.
Leo Stan Ekeh
6. Leo Stan Ekeh – Zinox Computer
The chairperson of Zinox Technologies Limited, Leonard Stanley Nnamdi Ekeh was born on February 22, 1956 in Ubomiri Mbaitoli of Imo State. He is fondly referred to as Bill Gates of Nigeria because of his exploits in the field of information technology. The astute business man used his school fees to start his business several years ago, a decision which made him miss sitting for his LLM in Business Law which he spent more than a year to prepare for.  He started Task Systems Ltd, which is now one of the companies under the Zinox Group. In addition to Zinox, he has been involved with companies like ICT Brokers, TD Plus, ICT Connect and Buyright AFRICA Dotcom.
Prince Samuel Adedoyin
7. Prince Samuel Adedoyin – Doyin Group
Samuel Adedoyin is a Kwara born businessman and the founder of Doyin Group of Companies. The Doyin Group of companies is a conglomerate that is wholly indigenous comprising of 15 subsidiaries. He started out as a small trading business before growing into a conglomerate. The group’s business interests spans manufacturing, real estate, banking, hospitality and energy.
Oba Otudeko
8. Oba Otudeko – Honeywell Group Nigeria
Oba Otudeko is the founder and chairman of Honeywell Group as well as the chairman of Airtel Nigeria, and Fan Milk of Nigeria. He was born on the 18th of August, 1943 and he is one of Nigeria’s most successful investor and entrepreneur. He retired as the Chairman of First Bank of Nigeria Plc after 12 years on the Board of the Bank. Between September 2006 and August 2009, he was the 16th President and Chairman of Council of the Nigerian Stock Exchange. His conglomerate’s operations stretch across oil and gas, flour milling, real estate and marine transportation.
Fola Adeola
9. Fola Adeola – GTBank
Tajudeen Afolabi Adeola is a businessman and politician and he alongside Tayo Aderinokun established Guaranty Trust Bank in 1990 which he managed as director/CEO up till July 2002. The bank became listed on the Nigerian Stock Exchange in 1996. He retired from the bank in 2002 after twelve years. He is a member of the Commission for Africa, the founder and chairman of the FATE Foundation a non-governmental organisation which aims to encourage entrepreneurship through trainings, mentoring, loan support and consulting to support young Nigerians.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Check Out Wedding Invitation Card To The Societal Wedding Between ‘Tosin Saraki’ And ‘Omoba Adeniyi Olukoya’
Politics
49 views
Politics
49 views

Check Out Wedding Invitation Card To The Societal Wedding Between ‘Tosin Saraki’ And ‘Omoba Adeniyi Olukoya’

MT - October 19, 2017

Senate President Saraki's daughter Tosin is set to wed her Handsome prince... The wedding Invitations to those who are available to attend have been sent out...This is…

American Rapper, Rick Ross Excited To Receive Made In Nigeria Footwear By Zubair
Business
49 views
Business
49 views

American Rapper, Rick Ross Excited To Receive Made In Nigeria Footwear By Zubair

MT - October 19, 2017

American rapper and entrepreneur Rick Ross popularly known as Rozay has received a made in Nigeria footwear by Nigerian shoe brand Zubair Footwear after he liked and…

7 Things Entrepreneurs Can Do To Stay Motivated
Business
31 views
Business
31 views

7 Things Entrepreneurs Can Do To Stay Motivated

MT - October 19, 2017

Making the decision to become an entrepreneur is a fearless step from being an employee of a business to the leader of your own business. One of…

Reason Why The Statue Of Fela Kuti In Lagos Is Headless
Art, History and Culture
36 views
Art, History and Culture
36 views

Reason Why The Statue Of Fela Kuti In Lagos Is Headless

MT - October 19, 2017

Afrobeat legend, Fela Kuti continues to be a legend even 20 years after his demise. The 2017 edition of the festival was a special edition as it…

CNN Said Nigeria Has High Rate Of HIV Infection And Only Few Get Tested
Food and Health
36 views
Food and Health
36 views

CNN Said Nigeria Has High Rate Of HIV Infection And Only Few Get Tested

MT - October 19, 2017

S'exual health tests in Nigeria can be a harrowing ordeal. In addition to the anxiety of discovering their results, visitors to public clinics must face the stigma…

Woman Shares Story of Miraculous Delivery of Twins After Fibroid Diagnosis
Food and Health
47 views
Food and Health
47 views

Woman Shares Story of Miraculous Delivery of Twins After Fibroid Diagnosis

PH - October 19, 2017

A woman has shared on her Instagram, the story of a wonderful miracle, one of faith. She shared how the sonographer told her that she’s carrying fibroid…

See New Photos Of Billionaire Kidnapper, Evans As He Appears In Lagos Court for His Trial
Shocking
62 views
Shocking
62 views

See New Photos Of Billionaire Kidnapper, Evans As He Appears In Lagos Court for His Trial

MT - October 19, 2017

We earlier reported this morning that billionaire kidnapper, Chukwudumeme Onwuamadike, popularly called Evans, arrived at the Lagos High Court, Ikeja, Lagos, in hand-cuffs as the continuation of…

Operation Crocodile Smile II: How 20-Year-Old Man Was Allegedly Killed By Soldiers In Lekki
Shocking
47 views
Shocking
47 views

Operation Crocodile Smile II: How 20-Year-Old Man Was Allegedly Killed By Soldiers In Lekki

MT - October 19, 2017

A young apprentice, Sadiq Ismaila has reportedly been killed by soldiers on operation crocodile smile II in Lagos state. Nigerian Army personnel attached to Exercise Crocodile Smile…

Actress Bidemi Kosoko Refuses To Speak On The Allegation Of Adultery Leveled Against Her. Here’s why..
Entertainment
55 views
Entertainment
55 views

Actress Bidemi Kosoko Refuses To Speak On The Allegation Of Adultery Leveled Against Her. Here’s why..

MT - October 19, 2017

Nollywood actress Bidemi Kosoko, daughter of veteran actor, Jide Kosoko, has refused to speak on the allegation of adultery leveled against her. According to the woman identified…

Photo Of Five Star Chairman, E-Money Without His Face Cap For The First Time
Entertainment
62 views
Entertainment
62 views

Photo Of Five Star Chairman, E-Money Without His Face Cap For The First Time

MT - October 19, 2017

Five star chairman and Business mogul, Emeka Okonkwo aka E-money shared a photo of himself without face cap on for the first time in 5 years. The…

Checkout Beautiful Photos Of Twin Sisters Who Got Married On The Same Day In Nigeria
Inspiring
53 views
Inspiring
53 views

Checkout Beautiful Photos Of Twin Sisters Who Got Married On The Same Day In Nigeria

MT - October 19, 2017

It was a moment of joy on Saturday as crowd gathered to witness the traditional wedding ceremony between two beautiful twins in Nigeria on the same day. …

How Gani Adams Emerged Aare Ona Kakanfo of Yorubaland – Alaafin of Oyo
Art, History and Culture
65 views
Art, History and Culture
65 views

How Gani Adams Emerged Aare Ona Kakanfo of Yorubaland – Alaafin of Oyo

PH - October 19, 2017

The Alaafin of Oyo, Oba Lamidi Adeyemi, has stated that he chose the National Coordinator of the Oodua Peoples Congress, Gani Adams, as the new Are Ona…

3 Pimples Wrong Facts That Are Not True
Food and Health
65 views
Food and Health
65 views

3 Pimples Wrong Facts That Are Not True

MT - October 19, 2017

Pimples are just nasty. It’s a fact that we all have to live with at one point or the other in our life though some more than…

Gov. Fayose Explains Why Aare Ona Kakanfo Cap Fits Gani Adams
Art, History and Culture
50 views
Art, History and Culture
50 views

Gov. Fayose Explains Why Aare Ona Kakanfo Cap Fits Gani Adams

PH - October 19, 2017

The Governor of Ekiti State, Ayodele Fayose, says the title of the Aare Ona Kakanfo of Yorubaland, being conferred on the Leader of the Oodua Peoples Congress…

Meet Sijibomi Ogundele, Nigeria’s Youngest Billionaire At 33
Best of Nigeria
62 views
Best of Nigeria
62 views

Meet Sijibomi Ogundele, Nigeria’s Youngest Billionaire At 33

MT - October 19, 2017

Sijibomi Ogundele is the man to watch out for as far as the revolution of Nigeria’s prime real estate is concerned. Perhaps the nation’s youngest billionaire, Sijibomi…

Why I‘m Sure PDP Will Defeat APC In 2019 – Senator Adeleke
Politics
48 views
Politics
48 views

Why I‘m Sure PDP Will Defeat APC In 2019 – Senator Adeleke

PH - October 19, 2017

Senator Isiaka Adeleke has declared that the People’s Democratic Party, PDP, will return to power in 2019. He said he is convinced that the opposition party will…

APC Reveals How Its Presidential Candidate Will Emerge
Politics
38 views
Politics
38 views

APC Reveals How Its Presidential Candidate Will Emerge

PH - October 19, 2017

The ruling All Progressives Congress has said it will abide by its constitution to resolve the controversy over whether or not President Muhammadu Buhari will be given…

Photos Of President Buhari, Wife, Son And Daughter As They Arrive In Turkey For D-8 Summit
Politics
59 views
Politics
59 views

Photos Of President Buhari, Wife, Son And Daughter As They Arrive In Turkey For D-8 Summit

MT - October 19, 2017

President Muhammadu Buhari and his pretty wife, Aisha Buhari, have arrived Turkey after they touched down on Wednesday night at the Esenboyaa International Airport, Ankara, Turkey. https://twitter.com/NGRPresident/status/920705187328806912…

Loading...