Top 10 Richest Women in Nigeria & Their Net Worth

Nigeria, known as the “Giant of Africa,” is not only celebrated for its cultural diversity and economic potential but also for its exceptional women who have risen to prominence across various industries. From oil and gas to fashion, real estate, and philanthropy, these women have amassed immense wealth and are serving as role models for generations to come. In this article, we explore the Top 10 Richest Women in Nigeria and their estimated net worth.

1. Folorunso Alakija

Net Worth: $1.2 Billion

Folorunso Alakija is undoubtedly one of the most influential women in Africa. She made her wealth primarily through oil and gas, with her company, Famfa Oil, holding a significant stake in one of Nigeria’s most profitable oil fields. Apart from oil, Alakija has also invested in real estate and fashion. Her philanthropic efforts through the Rose of Sharon Foundation have further cemented her legacy.

Key Achievements:

• Owner of Famfa Oil, a leading oil company in Nigeria.
• Recognized as one of the most powerful women globally by Forbes.

2. Ngozi Okonjo-Iweala

Net Worth: $600 Million

Ngozi Okonjo-Iweala is an economist and the Director-General of the World Trade Organization (WTO). She has served as Nigeria’s Finance Minister and brought significant reforms to the country’s economic policies. Her influence extends beyond her wealth, as she has been a champion for global economic equity.

Key Achievements:

• First woman to lead the WTO.
• Worked at the World Bank, rising to the position of Managing Director.

3. Bola Shagaya

Net Worth: $950 Million

Bola Shagaya is a prominent businesswoman with interests in oil, banking, real estate, and photography. She is the CEO of Bolmus Group International and a member of several corporate boards in Nigeria. Shagaya’s investments span across different sectors, making her one of the wealthiest women in the country.

Key Achievements:

• Extensive real estate portfolio across Nigeria and beyond.
• Established a successful oil-importing business.

4. Daisy Danjuma

Net Worth: $900 Million

Daisy Danjuma is a lawyer, politician, and businesswoman. As the wife of General Theophilus Danjuma, one of Nigeria’s richest men, she has established her own identity through investments in diverse sectors. She has also served as a senator and is actively involved in philanthropy.

Key Achievements:

• Investments in agriculture and real estate.
• Advocates for women’s empowerment through various initiatives.

5. Mo Abudu

Net Worth: $650 Million

Often referred to as “Africa’s Oprah,” Mo Abudu is a media mogul and CEO of EbonyLife Media. She has revolutionized the entertainment industry in Nigeria, producing world-class TV shows and movies that have gained global recognition.

Key Achievements:

• Creator of hit TV series such as The Wedding Party.
• Named one of the most influential women in global media.

6. Fifi Ejindu

Net Worth: $600 Million

Fifi Ejindu is an architect, entrepreneur, and philanthropist. She is the CEO of Starcrest Group, a conglomerate with interests in oil, real estate, and building construction. Ejindu is also known for her luxurious lifestyle and commitment to charitable causes.

Key Achievements:

• First African woman to receive the African Achievers Award in Business Excellence.
• Active in various charitable initiatives across Nigeria.

7. Stella Okoli

Net Worth: $500 Million

Stella Okoli is the founder and CEO of Emzor Pharmaceuticals, a leading pharmaceutical company in Nigeria. Her business has provided affordable healthcare solutions for Nigerians while also creating jobs and boosting the country’s economy.

Key Achievements:

• Built Emzor into a household name in Nigeria.
• Advocates for better healthcare policies in Nigeria.

8. Hajia Bola Shagaya

Net Worth: $450 Million

Bola Shagaya’s influence extends beyond business, as she is deeply involved in philanthropy and advocacy for women’s rights. She has worked in collaboration with various international organizations to bring about positive change in Nigeria.

Key Achievements:

• Founding member of the Fashion Designers Association of Nigeria (FADAN).
• Extensive investments in Nigeria’s financial sector.

9. Linda Ikeji

Net Worth: $400 Million

Linda Ikeji is a renowned blogger and entrepreneur. She started as a blogger and transformed her passion into a lucrative empire, making her one of the richest women in the media space. Her blog covers entertainment, politics, and lifestyle, attracting millions of monthly visitors.

Key Achievements:

• Built a multimillion-dollar media company from scratch.
• Owns a luxury mansion and several real estate properties in Lagos.

10. Toyin Saraki

Net Worth: $350 Million

Toyin Saraki is the founder of the Wellbeing Foundation Africa, a nonprofit organization focused on improving healthcare in Nigeria. As the wife of former Senate President Bukola Saraki, she has leveraged her influence to advocate for better maternal and child healthcare.

Key Achievements:

• Recognized globally for her philanthropic work.
• Played a pivotal role in healthcare reform initiatives in Nigeria.

Conclusion

These women are not just among the richest in Nigeria but are also trailblazers in their respective industries. They have overcome challenges, broken barriers, and continue to inspire millions of Nigerians. Their stories highlight the importance of resilience, innovation, and philanthropy in achieving lasting success.

Whether in oil and gas, media, or healthcare, these women are proof that Nigeria’s wealth isn’t just in its resources but also in its people.

Have more insights on Nigeria’s richest women? Let us know in the comments below!