Top 10 Richest & Most Successful Entrepreneurs In Nigeria (2020)

Nigeria boost of some of the biggest entrepreneurs on African continent. It is no coincidence that Africa’s richest man is from Nigeria.

most successful entreprenuers in nigeria

Being a successful entrepreneur demands passion, hard-work and smartness. More still, to successfully run and manage business in Nigeria is not a bed of roses owing to absence of certain social and basic amenities like electricity and good roads.

Nevertheless, the determined entrepreneurs in Nigeria has continued to make it and shatter records.

In this post we have come up with the list of most successful entrepreneurs in Nigeria. These top performing business owners represent the richest entrepreneurs in the country Nigeria.

This write up will provide information and as well serve to motivate young and upcoming entrepreneurs in Nigeria who wish to someday make it to the list of biggest entrepreneurs in Nigeria.

Biggest Entrepreneurs In Nigeria

Below is the comprehensive list of most successful entrepreneurs in Nigeria currently.

Aliko Dangote

Aliko Dangote is the richest man In Africa and Nigeria’s most successful entrepreneur with an estimate net worth of $8.3 billion.

The Nigerian business tycoon is the founder and CEO of Dangote Group, a conglomerate with interest in cement, flour, sugar pastries and crude oil.

Dangote was born on the 10th of April 1957. Dangote Group is on course of opening the biggest refinery in Africa. Dangote Cement is the largest producer and marketer of building cement in Africa.

Dangote Group is currently dominating markets across west Africa and the company has continued to expand its business territory under the guidance of its owner and richest entrepreneur in Nigeria, Alhaji Aliko Dangote.

Mike Adenuga

Also making the list of richest entrepreneurs in Nigeria is GLO chairman and CEO, Mike Adenuga with an estimate net worth of $6.1 billion.

He is rated the second richest man in Nigeria and has a successful business spanned across telecommunication and oil industry.

His oil company, Conoil is top upstream oil and gas company in Nigeria. Adenuga is no doubt one of the biggest business owners in Nigeria and Africa.

Abdulsamad Rabiu

Abdulsamad Rabiu is the third richest man in Nigeria and one of the most successful entrepreneurs in Nigeria.

The Kano native billionaire is ranked the one of the biggest entrepreneurs in Nigeria with a net worth estimate of $3.2 billion.

The Nigerian humble business mogul is the CEO of BUA Group, a business conglomerate with activities in cement, real estate, flour, sugar as well as oil and gas.

The renowned Northern Nigerian billionaire took after his father’s business at the age of 25 years old.

Femi Otedola

Femi Otedola born November 4, 1962 is a respected top Nigerian entrepreneur and philanthropist.

Femi is ranked alongside some of the richest entrepreneurs in Nigeria. Femi Otedola net worth is estimated to be around $2.5 billion.

He is successfully running and oil and gas exploration and marketing company, Forte oil. He is also into energy production, real estate and shipping line.

Tony Elumelu

One of the most successful entrepreneurs in Nigeria is former UBA CEO, Tony Elumelu. Tony is a major shareholder in one of Nigerian’s top commercial banks, United Bank for Africa.

He is also top shareholder in Transcorp, a conglomerate with activities in hospitality, agriculture, power generation and oil.

The renowned philanthropist also shares business activities with MTN, telecommunication giant in Nigeria.

Indeed, Tony Elumelu is among the richest and biggest entrepreneurs in Nigeria with an estimate net worth of around $1.4 billion.

Theophilus Danjuma

Theophilus Danjuma is one of Nigerian’s most successful business owners. The former Nigeria defense minister is the CEO South Atlantic Petroleum, a top oil exploration company with activities in Nigeria, Madagascar, Central African Republic and Republic of Benin.

Danjuma makes the list of richest entrepreneurs in Nigeria with net worth of $1.1 billion. He also has businesses with interest in hospitality and agriculture. He is one of top richest men in Africa.

Folorunso Alakija

Folorunso Alakija is one of the most successful entrepreneurs in Nigeria and is also the richest woman in Nigeria.

The female billionaire has been an inspiration to African women. She run successful business in fashion and oil industry.

She is estimated to worth a whopping $1 billion. She is a close ally of former Nigerian first lady, Mrs. Ibrahim Babangida.

Mohammed Indimi

The list of top business owners and wealth creators in Nigeria won’t be complete without Mohammed Indimi who is the CEO of Oriental Energy Resources.

He is rated alongside the richest entrepreneurs in Nigeria with an estimate net worth of $1 billion.

Orji Uzor Kalu

Former governor of Abia state, Orji Uzor Kalu is a renowned businessman and has been ranked among the richest businessmen in Nigeria.

He is the founder of Slok, business conglomerate with interest in media, shipping, manufacturing and oil. Kalu is estimated to worth $1 billion.

Jim Ovia

Jim Ovia is the founder of Zenith bank, the best performing bank in Nigeria currently with $16 billion assets.

He is also an estate mogul and former CEO of Visafone which was later acquired by MTN. Jim Ovia is among topmost successful entrepreneurs in Nigeria currently.

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The Author

Igwenagu Emmanuel

Igwenagu Emmanuel is the founder of Nigerian Informer. He holds B.A, M.Sc in Mass Communication. He is a Communication researcher and 112 emergency help line dispatcher.

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