5 Richest Women In Nigeria (Updated 2021)– This article contains a list of Nigeria’s top five wealthiest women. Despite the challenges they face as businesswomen, these women have amassed significant wealth for themselves and their families.
We have highly wealthy men in the country, such as Aliko Dangote, Mike Adenuga, Jim Ovia, and others, and we also have women who are incredibly rich.
Women who were born with a silver spoon are no longer the richest in Nigeria. They are simply women who have put in a lot of effort to develop themselves in their different businesses and professions.
A list of such women who are currently in the country can be found below.
1) Folorunsho Alakija
According to Forbes, Mrs. Folorunsho Alakija is Nigeria’s wealthiest woman. The entrepreneur and business mogul is the richest woman globally, with a net worth of around $1 billion as of January 2021.
Folrunsho Alakija was born on July 15, 1951, in Lagos, Nigeria. She began working as a secretary at Sijuade Enterprises in Lagos in 1974. She also worked at a few other places before founding Supreme Stitches, a tailoring company.
Her big break in business came in 1993 when she was granted an oil prospecting license, allowing her family’s company, FAMFA Limited, to search for oil at OPL 216, a 617,000-acre block.
Mrs. Folorusho Alakija has established herself as one of Nigeria’s and Africa’s most influential businesswomen over the years.
Folorunsho Alakija is the richest Nigerian woman alive, according to Forbes Magazine, with a net worth of $1 billion as of November 2019. She is also one of Africa’s and the world’s wealthiest women.
2) Hajia Bola Shagaya
Hajia Bola Shagaya is reportedly Nigeria’s second richest woman. She is interested in various sectors, including art, oil and gas, real estate, fashion, and others.
Bola Shagaya was born in the family of Adnut Makur and Emenike Mobo on October 10th, 1959. She received her secondary education at Queens School in Ilorin, Kwara County, where she grew up. She attended Ahmadu Bello University after high school and received a bachelor’s degree in economics. She went on to Armstrong College to study accounting and graduated with a bachelor’s degree.
Hajia Bola began her career in the audit department of the Central Bank of Nigeria. Her big break came when she teamed up with Konica to become the brand’s exclusive distributor for photographic materials in West Africa.
Mrs. Shagaya has made significant investments in oil and gas. She is currently the managing director of Practoil Limited, a 2005-founded oil firm.
Bola Shagya, like Nigeria’s richest woman, is a fashion designer. She is a well-known patron of the Nigerian Fashion Designers Association.
Although she is married to Alhaji Shagaya, the CEO of Bolmus Group International, she is a hard worker who earns her income.
Hajia Bola Shagaya’s net worth is currently estimated to be in the billions of dollars. After Folorunsho Alakija, she is the richest woman in Nigeria.
3) Daisy Danjuma
Daisy Danjuma is Nigeria’s, third-richest woman. She is the wife of Gen. Theophilus Yakubu Danjuma (Rtd) (GCON), the retired Chairman of May & Baker Nigeria Plc, Ltd, whom she succeeded as Chairman of the same company.
Mrs. Daisy Danjuma is a politician and a senator in the Federal Republic of Nigeria, and a businesswoman. She works as a lawyer as well.
Daisy Danjuma was born on August 6, 1952, just a few years before Nigeria gained independence. She graduated from Ahmadu Bello University with a law degree.
Mrs. Danjuma became the Legal Advisor and Company Secretary of the Nigerian Television Authority in 1982 after being called to the bar in 1977. She held this position until 1992.
She was a member of the May & Baker Nigeria Plc Board of Directors from July 1999 to October 2003. On May 30, 2019, she was reappointed to the same role.
She also served as Chairman of South Atlantic Petroleum Limited from 1999 to 2003, when she was first named the board.
She is currently the Chairman of May & Baker Nigeria Plc, Vice Chairman of South Atlantic Petroleum Limited, and a Lagos Public Interest Law Partnership member.
Senator Daisy Danjuma’s net worth is reportedly estimated to be in the billions of dollars.
4) Stella Okoli
Have you heard of Emzor Pharmaceutical, the famous Emzor paracetamol makers found in almost every Nigerian household and one of the country’s best pharmaceutical companies?
Mrs. Stella Okoli, on the other hand, is the company’s Chairman and CEO.
The business has expanded from a tiny drug store in 1997 to become one of the world’s most well-known pharmaceutical firms.
Stella Okoli was born in 1944 in Kano, Nigeria’s most populous region. She received her primary education at All Saints Primary School in Onitsha, Anambra State, where she grew up.
Being a native of Nnewi in Anambra State, it’s no surprise that she’s a successful businesswoman. It’s as if the inhabitants of that town are born with the ability to conduct business. It’s no surprise that the city has been dubbed “the tiny village of billionaires.”
She obtained her secondary education at Ogidi Girls Secondary School after completing her primary education. She was then sent to the University of Bradford in the United Kingdom for her tertiary education, where she studied pharmacy and earned a Bachelor’s degree. According to sources, she also has a Master’s degree in Biopharmaceutical from the prestigious University of London.
In January 1977, she founded her pharmaceutical company in Nigeria. The company has produced over 50 different products since its inception.
Mrs. Stella Okoli’s net worth is currently estimated to be in the billions of dollars.
5) Fifi Ejindu
Fifi Ejindu, a Nigerian billionaire businesswoman, is the great-granddaughter of King James Ekpo Bassey, who ruled Cobham Town in Calabar during his reign.
She completed her secondary education at Queens’ College in Yaba, Lagos, before enrolling at Pratt Institute in Brooklyn, New York, where she received a bachelor’s degree in agriculture—becoming the institution’s first black woman to do so. She went on to get her Master’s degree from the same institution.
After returning to Nigeria after studying and working in the United States, she founded the Starcrest Group of Companies. Today, the company has grown to be one of the country’s largest, with interests in construction, oil, and real estate.
Fifi Ejindu’s net worth is estimated to be in the billions of dollars.