Despite its economic struggles, Nigeria boasts a remarkable number of successful women entrepreneurs and leaders. Here, we celebrate the 10 wealthiest women in Nigeria for 2024, as listed by Forbes, and explore their inspiring journeys.
Meet the Powerhouse Women:
- Mo Abudu: The visionary behind Ebonylife Television, a prominent entertainment company producing content across Africa, the UK, and the Caribbean, Abudu is a force in media. Forbes recognizes her as “Africa’s Most Successful Woman.” (Estimated net worth: $650 million)
- Bimbo Alashe: Known as the “Furniture Tycoon,” Alashe is the founder and CEO of Leatherworld Furniture, one of Nigeria’s largest furniture stores. Her entrepreneurial spirit has transformed a modest Lagos store into a national powerhouse. (Estimated net worth: $750 million)
- Stella Okoli: The CEO of Emzor Pharmaceutical Industries, a leading Nigerian pharmaceutical company, Dr. Okoli’s journey began as a pharmacist in London. Upon returning to Nigeria, her entrepreneurial drive led her to establish a small pharmacy that evolved into Emzor, boasting over 50 products today. (Estimated net worth: $800 million)
- Fifi Ejindu: An architect, entrepreneur, and philanthropist, Ejindu is the founder and CEO of Starcrest Group of Companies, one of Nigeria’s largest architectural firms. Starcrest plays a significant role in attracting foreign investment to Nigeria and manages numerous properties across the country. (Estimated net worth: $850 million)
- Daisy Danjuma: A former Senator and distinguished attorney, Danjuma’s legal expertise and business acumen have contributed to her remarkable wealth. She currently serves as the Chairperson of May & Baker Nigeria PLC, a prominent pharmaceutical company. (Estimated net worth: $900 million)
- Bola Shagaya: The CEO of Bolmus Group International, a diversified conglomerate with investments in oil & gas, real estate, banking, and communications, Shagaya is a prominent entrepreneur. Her career began at the Central Bank of Nigeria before she ventured into successful ventures like Konica Photographic Equipment and Fotofair, a leading photographic lab. (Estimated net worth: $950 million)
- Folorunsho Alakija: Nigeria’s (and Africa’s) richest woman, Alakija is a 70-year-old business magnate and founder of Famfa Oil, a major player in the Nigerian oil and gas industry. She is also known for her fashion design company, Rose of Sharon Group. (Estimated net worth: $1.6 billion)
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