Top10 of The Richest Women in Nigeria

The richest woman in Nigeria as at year 2018 is Folorunsho Alakija . According to Forbes, she is the current richest woman in Nigeria today and also the second wealthiest woman in Africa. 

According to her biography she didn’t attend any university but that didn’t stop her from becoming the richest woman in Nigeria . The female billionaire founded the Famila Oil – one of the biggest oil companies in Nigeria. Folorunso Alakija is 62years of age and the source of her wealth comes majorly from oil. She is also involved in fashion designing business which she studied in the United Kingdom before establishing her fashion company in Nigeria. She is the Executive Director of FAMFA Oil, and the company is involved in oil and gas exploration and production. The company is said to worth more than $600 million .

Folorunso Alakija who is now 62-year-old was the secretary of the International Merchant Bank of Nigeria many years ago , a bank which is defunct today. In 2014, Folorunsho overtook popular TV show presenter Oprah Winfrey as the world’s richest black woman. Folorunsho Alakija was born in 1951 in Ikorodu Road in Lagos. Apart from being a very popular and highly influential business tycoon, she is also a well-known entrepreneur. She legally married in 1976 and she is blessed with kids. She is now the  richest black woman in the world since 2014

Folorunsho Alakija is the richest woman is Nigeria today and we have discussed about her extensively above . We will move to the number two spot right away.

2. Hajia Bola Shagaya

Hajia Bola Shagaya is the second richest billionaire in Nigeria as at 2017 and the 4th richest woman in Africa. Hajia Bola Shagaya is not just a wealthy woman but also one of the most influential wealthy business woman from Nigeria. She was born in 1959 in Ilorin, Kwara. She started her career at audit department of the Central Bank of Nigeria. She dived into business many years ago when she introduced photographic materials of the Konica brand to Nigeria . Now she is a director of Practical Limited – one of the largest oil companies in Nigeria. This Nigerian billionaire has interest in many top Nigerian companies as majority of her wealth comes from oil sector. She also has several landed properties both here in Nigeria, the United States, United Kingdoms etc.

Hajia Bola Shagaya is the CEO of Bolmus Group International which is just one of her numerous companies. Her company is highly diversified and they are involved in several aspects of the Nigerian economy. Aside being the CEO of Bolmus Group International, she is also a board member of Unity Bank Plc. Her company has interest in banking, real estate and oil. She is also involved in photography and communication but a large percentage of her wealth comes from oil and gas, while the other businesses dealing she is involved in are just supportive. She has successfully built a lot of houses in all corners of Nigeria and also has properties in foreign countries, like the United States and the United Kingdom.

3. Diezani Alison Madueke

Diezani Alison Madueke is undoubtedly one of the most controversial wealthy Nigerian woman . She is one of the richest Nigerian woman involved in politics and she has been in the news in recent times resulting from her controversial life style. Diezani Alison Madueke needs little or no introduction , She is a Nigerian politician and the first female president of OPEC. She also worked as Minister of Transportation in Nigeria in 2007-2008. She later moved to Mines and Steel Development in 2008 and was appointed Minister of Petroleum in Nigeria. Diezani Alison Madueke was appointed to the cabinet with the influence of former President of NIgeria , Goodluck Ebele Jonathan.

In 2015, Reuters reported that Diezani Alison Madueke was arrested by the UK`s National Crime Agency on suspicion of corruption. Subsequently, her real estates in Nigeria was reportedly raided by Nigerian Economic and Financial Crimes Commission also known as EFCC. She is richest Nigerian female politician and she has been in the news lately as a result of her exotic and extravagant lifestyle. According to calculations, she is supposedly worth about $2 billion dollars in her bank account.

4. Hajiya Dr. Mariya Dantata

She is one of the secrete billionaire in Nigeria today but people doesn’t know her because of her low-key lifestyle. She is actually very quiet and humble despite her wealth which is why many people are never aware of her riches and influence in Nigeria. Talking about those female billionaire in Nigeria that is not popular , she is one of them . She is one of the richest women in Nigeria today. Although, Forbes ranking didn’t put her in the list of top 10 richest women in Africa. She is the fourth richest women in Nigeria today and the mother Of African richest man Aliko Dangote. Despite her old age she is still very relevant because she still strive to retain her place among the iron ladies that got a lot of money in their bank account.

Hajiya Dr. Mariya Dantata is from the family of riches where no body is poor, She is not just rich; she is also involved in philanthropy which is one reason she is widely loved. She gives out huge amount to the needy and she remain quiet about it, she never reveal her philanthropy activities to the public unless she is compelled to do so . Like other people who their source of wealth can’t be traced , Mariya Dantata has a genuine source of income as she made her money through several legal business engagements.


5. Daisy Danjuma

This wealthy Nigerian woman is widely regarded as a strong woman and considered to be the richest woman entrepreneur in Nigeria. She is a wife of one of the richest men in Nigeria – General Theophilus Danjuma. A huge percentage of her wealth  comes from her billionaire husband including super jet which cost over $40 million. She own and operate several companies across Nigeria provided her by the husband. She was elected as Senator of Nigeria in 2003, which helped to boost her bank accounts. She has also worked on various committees as Senate Committee Chairman on Women Affairs and Youth Development and Chairman of the ECOWAS Parliaments Women and Childrens Rights Committee. Her husband helped her in generating more than $1 billion of her net worth according to our findings.


6. Stella Oduah-Ogiemwonyi

Stella Oduah-Ogiemwonyi is no doubt one of the richest women in Nigeria and Africa . She once worked as the Federal Minister of Aviation in Nigeria.

She has close relations with former President Goodluck Jonathan as she served as his campaign`s Director of Administration and Finance. Prior to that, she worked at the NNPC and later created Sea Petroleum&Gas Company Limited.

Her company currently have some financial problem with indebtedness over $16 billion. Meanwhile ,

She currently worth about $1 billion in various bank accounts waiting to be used.

7. Florence Ita Giwa

Florence Ita Giwa is a famous Nigerian politician who was born and brought up in Cross River State. She was born in 1946 in Cross River State. She was once a Senator of Cross River State before she joined the People`s Democratic Party, where she became Special Adviser on National Assembly Matters of President Olusegun Obasanjo. She was investigated by the Economic and Financial Crimes Commission on the ground of suspected corruption .

Other wealthy Nigerian women include “Cecilia Ibru” , born in 1946 in Nigeria and worked as the Managing Director and Chief Executive Officer of Oceanic Bank . She was later appointed the CEO of the Union Bank of Nigeria. She appeared in various scandals connected with multi-billion frauds.

Anti-corruption police confiscated almost all her properties when she was found guilty to fraud charges.


The next on the queue is “Fifi Ekanem Ejindu”  who is an architect and businesswoman. She is a great granddaughter of “King James Ekpo Bassey”. Her father was a famous Professor Sylvester Joseph Una. She was residing in the United States , she returned home in the year 1995 to establish her own business in Nigeria.  Then , she started Starcret Group Investment Ltd, Starcret, a company involved in building constructions, gas and oil.

Followed by Dr Stellathe CEO of Emzorpharmaceutical Industries Limited, which produces over thirty types of pills consumed by millions of Nigerians.



About Damex MrCoded 1536 Articles
Entertainer with a difference, blogger and entrepreneur. Nigeria born Malaysian writer, am funny and I don’t flirt, quote lover. Composer of famous quote: "The goal is to be Holy, not to look Holy"

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