1. FOLORNAKO ALAKJA – Folorunso Alakija is our top pick. She’s a Nigerian businesswoman who has four sons and is married to Mr. Modupe Alakija.
Her career started as an executive secretary at Sijuade Enterprise in Lagos State before she transitioned into the banking sector where she spent 12 years as an executive secretary and eventually rose to become head of corporate affairs. Over time, fashion design became something that captured her imagination; she primarily focused on elite wear. After the success of her fashion company, she ventured into other industries including oil – becoming now an oil magnate while keeping the family business under her control.
Folorunsho Alakija is the Group Managing Director of The Rose of Sharon Group, comprising The Rose of Sharon Prints & Promotions Limited and The Rose of Sharon Foundation. Through this foundation, Folorunsho empowers widows and orphans by offering scholarships and business awards as well as her 20 million dollar Mercedes-Benz.
Alakija is renowned for her generosity and spirituality, as well as her wealth. Forbes named Alakija the 87th most influential woman worldwide in 2015, behind Ngozi Okonjo Iweala. As Nigeria’s richest woman and Africa’s second-richest woman, she boasts a net worth of $1 billion.
2. HAJIA BOLA SHAGAYA: Hajia Bola Shagaya is a modest woman who keeps her money secret. She is married to Alhaji Shagaya and has six children. She received her bachelor’s degree from Ahmadu Bello University in Zaria and Armstrong College in California.
She started her career in the audit department of the Central Bank of Nigeria before moving into commercial activities in 1983, starting with the importation and distribution of photographic materials (her first major source of wealth) and introducing the Konica brand to the Nigerian market and West Africa. For the last eight years, she has been on the board of Unity Bank Plc and is a member of the newly formed Nepad Business Group Nigeria.
Hajia Bola Shagaya is the CEO of one of Nigeria’s leading base oil importers and distributors (Practoil Limited). She is a fashion and art connoisseur, as well as a collector of fine automobiles, including a $90 million Rolls-Royce Ghost. With a net worth of $950 million, she is Nigeria’s second wealthiest woman and Africa’s fourth wealthiest woman.
3. DAISY DANJUMA: Daisy Danjuma, born on August 6, 1952, in Benin City, Edo State, Nigeria, is married to Nigerian millionaire Theophilus Danjuma. She earned a Bachelor of Laws degree from Ahmadu Bello University in Zaria in 1976 and was elected to the Federal Republic of Nigeria’s Senate in 2003, representing Edo South, where she served until 2007. She presently serves as South Atlantic’s Executive Vice Chairman. She’s a businesswoman, investor, and entrepreneur from Nigeria.
She serves as Atlantic Petroleum’s Vice-Chairman and Managing Director. Daisy Danjuma, with a net worth of $900 million, is the third richest woman in Nigeria in 2022.
Fifi Ejindu – $850 Million
Fifi Ejindu is an architect, entrepreneur, and philanthropist. She is one of the leading female architects in the country and the founder of Starcrest Group of Companies. Her company has three divisions: real estate, building and designing, and investment opportunities.
Dr. Stella Okoli – $800 Million
Stella Chinyelu Okoli is #5 among the top richest Nigerian women. She is the founder and CEO of Emzor Pharmaceutical Industries LTD. Dr Stella started her company as a small pharmacy retail store; today, Emzor has over 50 products.
Bimbo Alase – $750 Million
Bimbo Alase is another wealthy woman in Nigeria. She made much of her wealth through the furniture business she started in Lagos. The company’s name is Leatherworld Furniture, and it has grown to become one of the most luxurious stores in Lagos. While she owns luxury cars, there is no online information about them.
Mo Abudu – $650 Million
#7 on the list is the media guru, Mo Abudu. In 2017, she was ranked one of the most powerful women in global television. She owns EbonyLife Television, an entertainment television station where she has created and produced entertaining content. Her film production company is EbonyLife Films.
Mo owns a Mercedes-Benz G-Wagon, an Escalade ESV SUV, a Lexus LX570 and a Mercedes-Benz S-Class. And all these cars simply tell us only one thing; she is rich and classy.
Stella Oduah – $600 Million
#8 on the list is Stella Oduah, a politician and Senator representing Anambra North Senatorial District. She was a former Minister of Aviation. As a politician, there have been some controversies tied to her name, like the misappropriation of government funds.
One of them is the 255 million Naira bulletproof car purchase scandal. The cars in question were BMW vehicles. The BMW is the only car online tied to her name.
Ngozi Okonjo Iweala – $550 Million
Ngozi Okonjo Iweala is an economist, international development expert, and former Minister of Finance. She has been recognized several times by Forbes as one of the 50 greatest leaders in the world.
Ngozi Okonjo Iweala has occupied several top positions locally and globally as:
Former Minister of Finance in Nigeria
Worked in Tech companies like Twitter
Center of Global Development
African Risk Capacity
Ngozi Okonjo Iweala is an economist, international development expert, and former Minister of Finance. She has been recognized several times by Forbes as one of the 50 greatest leaders in the world.
Ngozi Okonjo Iweala has occupied several top positions locally and globally as:
Former Minister of Finance in Nigeria
Worked in Tech companies like Twitter
Center of Global Development
African Risk Capacity