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Top 10 Richest Women In Nigeria

Top 10 Richest Women In Nigeria

Top 10

Top 10 Richest Women In Nigeria

Money and wealth are not gender-based, and so women are being given better chances in this 21st century, to compete with the menfolk’s that are rich. These richest women in Nigeria either made their money from scratch or inherited it. From oil money to gas business, fashion, real estate, banking and finance, e. t. c.

These wealthy women are also recognized, philanthropists. Here are the top 10 richest women in Nigeria

Top 10 Richest Women In Nigeria

1. Folorunsho Alakija

Folorunsho Alakija

Folorunsho Alakija, born on July 15, 1951, in Ikorodu, Lagos State, Nigeria is a Nigerian billionaire businesswoman and philanthropist. As she is involved in the fashion, oil, real estate, and printing industries; she is the Group Managing Director of The Rose Sharon Group and she is also the executive vice-chairman of Famfa Oil Limited.

In 2015, she was listed by Forbes as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world. She is married to Mr. Modupe Alakija and they have four children. Dj Xclusive is her Nephew.

She is the richest woman in Nigeria with an estimated net worth of $1 billion.

2. Hajia Bola Shagaya

Hajia Bola Shagaya

Hajia Bola Muinat Shagaya, born on October 10, 1959, in Ilorin, Kwara, Nigeria is a Nigerian businesswoman and fashion enthusiast.

She is the founder and CEO of Bolmus Group International, a conglomerate with holdings in real estate, banking, oil and gas, and photography.

She is currently on the board of Unity Bank and was awarded the title of Member of the Order of the Niger (MON) by the former president of the Federal Republic of Nigeria, Dr. Good luck Ebele Jonathan (GCFR). She is married to Alhaji Shagaya and has six children.

Hajia Bola is the second richest woman in Nigeria with an estimated net worth of $950 million.

3. Daisy Danjuma

Daisy Danjuma

Daisy Ehanire Danjuma, born on August 6, 1952, in Benin City, Nigeria is a Nigerian politician who was the senator representing the Edo South Senatorial District of Edo state, from 2003 to 2007 in the Nigerian Senate. She is an investor, a businesswoman, and an entrepreneur.

Daisy is married to the former Nigerian military general and minister of defense of Nigeria, Theophilus Yakubu Danjuma – he is the founder of South Atlantic Petroleum. They have one child together.

She is the third richest woman in Nigeria with an estimated net worth of $900 million.

4. Fifi Ejindu

Fifi Ejindu

Princess Fifi Ekanem Ejindu, born in 1962 in Ibadan, Nigeria is a Nigerian businesswoman, architect, and philanthropist. She is the great-granddaughter of King James Ekpo Bassey of Cobham Town in Calabar, Nigeria. Her father, Prof. Sylvester Joseph Una, was the first minister of health in the former Eastern region of Nigeria.

Fifi studied architecture at Pratt Institute and became the first black African woman to be awarded a B. Arch from the Institute. She started the Starcrest Group of Companies in 1995 which comprises of Starcrest Investment Ltd.

She is the fourth richest woman in Nigeria with an estimated net worth of $850 million.

5. Stella Okoli

Stella Okoli

Stella Chinyelu Okoli (MON, OON), born in 1944 in Kano State, Nigeria is a Nigerian pharmacist, philanthropist, and entrepreneur. She was bestowed with the member of the Order of the Niger award and is also a recipient of the ECOWAS International Gold Award.

She is the founder and current chief executive officer of Emzor Pharmaceutical Manufacturing Company which was founded in 1977. Stella runs the Chike Okoli Foundation (in memory of her late son) and the Chike Okoli Centre for Entrepreneurial Studies.

She is the fifth richest woman in Nigeria with an estimated net worth of $800 million.

6. Bimbo Alase

Bimbo AlaseBimbo Alase, born in 1962 is a Nigerian investor, entrepreneur, and businesswoman. She is the chairman and CEO of Leather world – a well-known luxury furniture company in Nigeria.

Bimbo studied at Pitman College, London, and the Regent Academy of Designs and Fine Arts, London. She has a daughter, Tobiloba, with her late husband (Kunle Arawole).

She is the sixth richest woman in Nigeria with an estimated net worth of $750 million.

ALSO, READ Top 10 Richest Men In Nigeria and their Net Worth

7. Mo Abudu

Mo AbuduMosunmola Abudu (also known as Mo Abudu), born on September 11, 1964, in London, United Kingdom is a Nigerian media mogul, philanthropist, and former human resources management, consultant. She is the founder of Vic Lawrence $ Associates Limited and a television station, Ebony Life Television.

She has been described by Forbes as “Africa’s Most Successful Woman” and rated as one of the “25 Most Powerful Women in Global Television” by The Hollywood Reporter in 2021.

She is the seventh richest woman in Nigeria with an estimated net worth of $650 million.

8. Stella Oduah

Stella OduahPrincess Stella Oduah Ogiemwonyi (née Oduah), born on January 5, 1962, is a Nigerian senator and former minister of Aviation. She received her bachelor’s degree in Accounting and Master’s degree in Business Administration in the United States. In 1992, she established an independent marketer of Petroleum products in Nigeria, Sea Petroleum & Gas Company Limited (SPG).

Stella is the right richest woman in Nigeria with an estimated net worth of $600 million.

9.Ngozi Okonjo-Iweala

Ngozi Okonjo-IwealaNgozi Okonjo-Iweala, born on June 13, 1954, in Ogwashi Ukwu, Nigeria is a Nigerian-American economist, which has been serving as the Director-General of the World Trade Organization (WTO) since March 2021 – she is the first woman and first African to hold that position. She sits on boards of Standard Chartered Bank, Mandela Institute for Development Studies (MINDS), Rockefeller Foundation, e.t.c.

She is married to Ikemba Iweala and has four children. She has received so many awards and recognitions and also is noted for her philanthropic works with women.

She is the ninth richest woman in Nigeria with an estimated net worth of $550 million.

10.Diezani, Allison Madueke

Diezani, Allison MaduekeDiezani K. Alison-Madueke, born on December 6, 1960, in Port Harcourt, Nigeria is a Nigerian and the first female President of OPEC. She was Nigeria’s minister of transportation on 26 July 2007 and was appointed as the first woman Minister of Petroleum Resources in Nigeria, in 2010.

Allison is married to Admiral Allison Madueke (retired) and has six children (one biological and five step-children).

She is the tenth richest woman in Nigeria with an estimated net worth of $500 Million.


It’s intriguing how these women were able to use, invest and get their fortune increased and also compete with their male counterparts. These richest women are changing the gender-based narrative and are exposing Nigerians to different international opportunities and recognitions. Bring yourself out of that comfort zone and strive to become better. You might be the next big name!

ALSO, READ Top 10 Richest Musicians In Nigeria And Their Net Worth


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