956 Views

The 7 Richest Women In Nigeria For 2018; According to Tushmagazine

A few decades ago, women had no business owning companies, oil blocs, heading banks or being the chairpersons of important organizations. That has changed with time.

These days, many women are sticking their fists into businesses which were once headed by men and they are progressing. There are now more financially independent women than men, particularly in Nigeria.

In celebration of this, we have highlighted 7 of the richest women in Nigeria with a brief profile of each.

1. Folorunsho Alakija

She is undoubtedly the richest woman in Nigeria today. She had been at this vantage position for some years now and it looks like she is never going to give up. Aside from being the richest woman in Nigeria, she is also the second richest woman in Africa.

62-year-old Alakija is the Executive Director of FAMFA Oil, a company involved in oil and gas exploration and production.She is into fashion designing, which form part of the source of her wealth. However, the greater bulk of her wealth actually came from her oil company.

Her company is said to worth far more than $600 million as at today. In times past, this woman of affluence was the secretary of the International Merchant Bank of Nigeria, a bank which is defunct today, and that was in the 70s. This bank was one of the very first banks to be established in Africa.

Folorunso Alakija studied fashion designing in the UK and she returned to Nigeria afterwards to establish her fashion outlet.

She overtook Oprah Winfrey as the richest black woman in the world in 2014. In addition, Folorunsho Alakija is also involved in a printing business.

Her net worth is more than $2.1 billion. If you convert that into Nigerian currency (Naira), you should have N350 billion. She has other assets that has skyrocketed her to that position, like real estate worth more than $100 Million and a private jet worth $46 million.

2. Bola Shagaya

Her riches has transcended the coast of Nigeria and she is also rated as the 4th richest woman in Africa. A very popular businesswoman, she has so many companies to her name.

One of her companies is Bolmus Group International and she is the CEO of the company. Her company is highly diversified and they are involved in several aspects of the Nigerian economy. Her company has interest in banking, real estate and oil.

Shagaya, aside from being the CEO of Bolmus Group International, is also a board member of Unity Bank Plc. Aside from the various interests mentioned above, the lady is also involved in photography and communication. However, the bulk of her wealth comes from oil and gas, while the other businesses dealing she is involved in are just supportive.

As at today, Bola Shagaya has hundreds of houses in the choicest neighborhoods in Nigeria. Aside from the properties, she has in Nigeria, Bola Shagaya also has properties in foreign countries, like the United States and the United Kingdom. Her net worth is about $1.9 billion.

3. Daisy Danjuma

Daisy Danjuma is considered to be the richest woman entrepreneur in Nigeria because her entrepreneurial skills are greater than that of the rest.

This wealthy lady is the wife of one of the richest men in Nigeria – General Theophilus Danjuma. She owns and runs several companies across Nigeria and has proved that she is a brilliant leader.

ALSO READ  Singer ORITSE FEMI Full Biography,Life And News

She started pilling up her bank account when she was elected as a Senator of Nigeria back in 2003. She has also worked on various committees as Senate Committee Chairman on Women Affairs and Youth Development and Chairman of the ECOWAS Parliament`s Women and Children`s Rights Committee.

According to Forbes, her net worth is around $1.71 billion dollars.

4. Fifi Ejindu

Ejindu may not be well known but she sure is 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 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.

Fifi Ejindu was awarded the African Achievers African Arts and Fashion Lifetime Achievement award in 2013. She is worth over $600 million.

5. 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 unrivaled entrepreneur in her field.

Okoli is the proud founder and CEO of Emzor Pharmaceutical Industries Limited which has produced over 30 drugs which 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 in 2012 and was also honoured with the ECOWAS International Gold Award. She is worth over $500 million.

6. Bimbo Alase

Bimbo Alase is a Nigerian feminine billionaire who has cemented her place amongst the high and mighty in the Nigerian society. She started small as a small business owner of a furniture store in Lagos which she later transitioned to Leatherworld furniture company. Surprisingly, 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, that was in 2005.

Today, Leatherworld has become a multi-million-dollar empire which makes Bimbo Alase one of the richest women in Nigeria. The proud mother of one is easily worth $400 million.

7. Mo Abudu

Mosunmola Abudu, usually known as Mo Abudu, is a Nigerian media mogul, media personality, philanthropist, and former human resources management consultant. She has been described by Forbes as “Africa’s Most Successful Woman”.

Forbes Media recognised Abudu as the first African woman to own a Pan-Africa TV channel (2013). She was listed as one of the 25 Most Powerful Women in Global TV by The Hollywood Reporter in (2013) and received the Entrepreneur of the Year award by Women Week in New York (2014).

In 2014, she was honoured with an honorary doctorate (Honouris Causa) from Babcock University.

She has an estimated net worth of $30 million dollars.

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.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Posts

Watch: Davido Brings Chioma on Stage During His Performance in Cotonou (Video)
Best of Nigeria
69 views
Best of Nigeria
69 views

Watch: Davido Brings Chioma on Stage During His Performance in Cotonou (Video)

MT - August 18, 2018

Nigerian singer, Davido who headlined an event in Cotonou last night, brought his girlfriend Chioma on stage, as he sang the ‘Assurance’ song he dedicated to her on her…

How I Went From an Aircraft Cleaner to a Pilot – Captain Muhammed Abubakar
Best of Nigeria
71 views
Best of Nigeria
71 views

How I Went From an Aircraft Cleaner to a Pilot – Captain Muhammed Abubakar

MT - August 18, 2018

Captain Muhammed Abubakar has revealed how he went from being an aircraft cleaner to a pilot. Abubakar became a viral sensation, recently, after a tweet about how…

Footballer Emmanuel Emenike Issues Warning to Reekado Banks for Sharing Fake Viral Post About Him Divorcing ex-MBGN Iheoma Nnadi
Entertainment
86 views
Entertainment
86 views

Footballer Emmanuel Emenike Issues Warning to Reekado Banks for Sharing Fake Viral Post About Him Divorcing ex-MBGN Iheoma Nnadi

MT - August 18, 2018

Nigerian Footballer, Emmanuel Emenike and Ihuoma had their wedding in May this year and some unscrupulous social media handles posted a photo claiming that the footballer had…

President Buhari Returns to Abuja After His 10-day Vacation in London.
Politics
59 views
Politics
59 views

President Buhari Returns to Abuja After His 10-day Vacation in London.

MT - August 18, 2018

President Muhammadu Buhari has returned to Abuja after his 10-day vacation in London. The president arrived Nnamdi Azikwe International Airport on Saturday evening.He was received by top…

What Osinbajo Said After Visiting Site Of Collapsed Building In Abuja
Inspiring
91 views
Inspiring
91 views

What Osinbajo Said After Visiting Site Of Collapsed Building In Abuja

MT - August 18, 2018

Acting President Yemi Osinbajo, SAN, has described the collapse of a four-storey building in Jabi/Utako area of Abuja, Federal Capital Territory, as an unfortunate incident, and assured…

Nigerian Pastor Reveals What Policemen Did to Him After Being Stranded on Lagos Bridge. Photos
Best of Nigeria
94 views
Best of Nigeria
94 views

Nigerian Pastor Reveals What Policemen Did to Him After Being Stranded on Lagos Bridge. Photos

MT - August 18, 2018

A pastor has revealed what transpired between him and some police officers after his motor broke down on the Third Mainland bridge in Lagos. According to Adeniyi Adekunle,…

#AFRIMA2018: Davido, Tiwa Savage, Wizkid Nominated for 2018 Awards (Full List)
Best of Nigeria
75 views
Best of Nigeria
75 views

#AFRIMA2018: Davido, Tiwa Savage, Wizkid Nominated for 2018 Awards (Full List)

MT - August 18, 2018

  The organisers of the All Africa Music Awards (AFRIMA) have released nominees for its regional categories ahead of the 2018 ceremony. The event which held at…

Davido Shares Photo With Chioma From His First Trip on His Private Jet
Entertainment
98 views
Entertainment
98 views

Davido Shares Photo With Chioma From His First Trip on His Private Jet

MT - August 18, 2018

OBO is living the life. That’s no longer in denial. DMW boss, Davido just shared a photo if himself and his bae, Chioma on their first trip aboard his…

Why Any Good Man Would Want to be Around Me — Eniola Badmus
Entertainment
75 views
Entertainment
75 views

Why Any Good Man Would Want to be Around Me — Eniola Badmus

MT - August 18, 2018

For the ace actress, Eniola Badmus, any good man who has the chance to meet her would not let her go for a simple reason: she is a…

DJ Venum: FUTA Undergraduate DJ Breaks Guinness World Record For Longest DJ’ing
Best of Nigeria
99 views
Best of Nigeria
99 views

DJ Venum: FUTA Undergraduate DJ Breaks Guinness World Record For Longest DJ’ing

PH - August 17, 2018

DJ Venum, a Nigerian Disc Jockey, has broken the Guinness World Record for the longest DJ'ing, playing music non-stop for 15 days. The superstar DJ, Agboola Venmak,…

Nigeria’s Foreign Exchange Inflow Hits $91b In 2017 – CBN
Business
80 views
Business
80 views

Nigeria’s Foreign Exchange Inflow Hits $91b In 2017 – CBN

PH - August 17, 2018

The Central Bank of Nigeria (CBN) says the aggregate foreign exchange inflow into the country increased to $91billion in 2017. The apex bank revealed this in its…

Nigerian Woman Celebrates Her Daughter Who Is Now A Major In US Army. [Photos]
Best of Nigeria
120 views
Best of Nigeria
120 views

Nigerian Woman Celebrates Her Daughter Who Is Now A Major In US Army. [Photos]

MT - August 17, 2018

Congratulations are in order for a Nigerian lady identified as Major Tokunbo Benson, who recently graduated from US Army Command and General Staff College. The lady who…

WATCH Trailer of New Movie “Moms At War” starring Omoni Oboli & Funke Akindele Bello
Entertainment
115 views
Entertainment
115 views

WATCH Trailer of New Movie “Moms At War” starring Omoni Oboli & Funke Akindele Bello

PH - August 17, 2018

Actress Omoni Oboli‘s new production set to be released tomorrow, “Moms at War” is about two mothers who live in the same neighborhood, but hate each other.…

This Survey Says 74% of Nigerians Want to Move to Another Country
Featured
90 views
Featured
90 views

This Survey Says 74% of Nigerians Want to Move to Another Country

PH - August 17, 2018

A survey carried out by the Pew Research Center between February and April 2017 has said that 74% of Nigerians would go to live in another country…

WATCH: Atedo Peterside opens up about building a Billion-Dollar Business at 33 on ‘My Worst Day with Peace Hyde’
Best of Nigeria
141 views
Best of Nigeria
141 views

WATCH: Atedo Peterside opens up about building a Billion-Dollar Business at 33 on ‘My Worst Day with Peace Hyde’

PH - August 17, 2018

Atedo Peterside is one of the most respected bankers in Nigeria. At 33 he built a billion dollar business and became the founder of Stanbic IBTC Bank…

FG Paid A “Huge Ransom” To Secure Release Of Dapchi Girls – UN Report
Politics
86 views
Politics
86 views

FG Paid A “Huge Ransom” To Secure Release Of Dapchi Girls – UN Report

PH - August 17, 2018

A report submitted to the UN Security Council on Boko Haram and related terrorist organisations, on Tuesday, has said Nigeria paid “huge ransom” to secure the release…

Here’s the Video of Duncan Mighty and Davido That’s Got People Talking
Entertainment
92 views
Entertainment
92 views

Here’s the Video of Duncan Mighty and Davido That’s Got People Talking

PH - August 17, 2018

A video of Duncan Mighty and Davido is trending on social media. In the video shared via Instagram, Duncan Mighty is filmed taking a bow (and was…

FG Declares Public Holidays to Celebrate 2018 Eid-El-Kabir [See Date]
Best of Nigeria
107 views
Best of Nigeria
107 views

FG Declares Public Holidays to Celebrate 2018 Eid-El-Kabir [See Date]

MT - August 17, 2018

The Federal Government has declared Tuesday, Aug. 21, and Wednesday, Aug. 22 as public holidays to celebrate the 2018 Eid-el-Kabir. The Minister of Interior, Retired Lt.-Gen. Abdulrahman…

Loading...