Top 10 Richest Women in Nigeria 2019

Gone are the days that women are relegated to doing household chores and being relevant in the kitchen only. Today’s women are more than homemakers; they have also become money makers {The Richest Woman in Nigeria 2019}.

In Nigeria today, there are women whose wealth surpass that of influential men. These women are business moguls, CEOs and financial experts; they have earned their right to be equal to men in financial matters. They have accumulated through various means; we bring the list of the Top 8 richest women in Nigeria to you, their net worth and how they made their wealth.

  • Who Is The Richest Woman in Nigeria?

Their wealth is classified based on the number of business/companies they owned and monetary value of those companies, the size of shares they hold in several companies and the value of those shares, the market value of the brand of their company and their net worth as of today.

Top 10 Richest Women in Nigeria 2019

  • 1. Folorunsho Alakija

This woman has clung to her title of the richest woman in Nigeria for years and has also gone ahead to bag the title of the second richest woman in Africa. The bulk of her wealth came from her oil company FAMFA Oil; a multi-billion dollar empire she is directing. The company is involved in oil and gas production and exploration.

As of today, Folorunsho Alakija has wealth that is worth over $1.4 billion dollars and owns vast properties in Nigeria including a private jet. She was born in 1951, Alakija is 66 years old, and this woman is also into fashion designing which formed part of her wealth.

The Richest Woman In Nigeria

Folorunsho Alakija studied fashion designing at American College London and Central School of Fashion, she later returned to Nigeria to establish her own fashion outlet. Alakija was once the secretary of International Merchant Bank of Nigeria in the 70s, the bank is now defunct.

The well-known business tycoon and entrepreneur is also in the printing business. She overtook Oprah Winfrey as the richest black woman in the world in 2014.

  • 2. Hajia Bola Shagaya

Hajia Bola Shagaya won the place of the second richest woman in Nigeria and the 4th richest woman in Africa today. She is an influential business tycoon and she owns many companies today. Hajia Bola Shagaya is the CEO of Bolmus Group International, a highly diversified company that is involved in several aspects of the economy. This company among other business is involved in Banking, Oil and Real Estate business.

Aside from this, Hajia Bola Shagaya is also a board member of Unity Bank Plc. This industrious woman also invested in communication and photography. Like Folorunsho Alakija, the majority of her wealth came from oil and gas but she also has other sources of income as mentioned above.

Hajia Shagaya has over one hundred houses in Nigeria and vast properties in foreign countries like the United Kingdom and the US. This woman has earned her wealth through hard work and diversification of business. Real estate is a lucrative business as of today so there is no doubt that Hajia Bola Shagaya’s investment will continue to appreciate and her wealth will amass. She is worth over $1 billion as of today and among her properties is a private that is worth over $30 million.

  • 3. Fifi Ejindu

The name Fifi Ejindu might not ring a bell but the woman is well worth over $600 million as of today. She is one of the richest women in Nigeria and Africa and has won her place on the list of top 7 richest women in Nigeria as of today. Fifi made her money from oil and gas, building construction and real estates.

Fifi Ejindu is the great grand-daughter of a king in Calabar, King Ekpo Bassey of Cobham town in Calabar, Nigeria. Fifi attended Pratt Institutes in the United States and graduated as an architect. She started her own company Starcrest Group of Companies, the company is involved in oil and gas, real estates and building construction.

Fifi Ejindu’s conglomerate grew into an empire worth millions of dollars and this made her one of the richest women in Nigeria.

  • 4. Dr. Stella Okoli

Dr. Stella Okoli is the fourth richest woman in Nigeria on the list of our Top 8 Richest women in Nigeria. She is worth over $500 million as of today. This Nigerian billionaire is the founder of Emzor Pharmaceutical Industries Limited; this company has produced over 30 drugs that are consumed both in Nigeria and Africa today.

Dr. Stella Okoli is one of the unrivaled women entrepreneurs today and she worked her way into the position. She has a drive to make health care available and affordable to Nigerians today, and she can be said to have achieved her goal because Emzor Paracetamol is one of the cheapest and well-consumed drugs among the masses today in Nigeria and beyond.

Dr. Stella Okoli’s worth has been recognized in Nigeria because she not only made wealth but has helped to provide health care in Nigeria that is important to our development as a nation. She received two honors for her worth in 2014. One was given by our formal president Goodluck Jonathan and the other was given by ECOWAS. She received the award for the Member Of Order in Nigeria and also ECOWAS international Gold Award.

  • 5. Bimbo Alase

Bimbo Alase is a billionaire as of today in Nigeria. She is worth over $400 million and she made her wealth from what she started as a small furniture store in Lagos. Bimbo Alase has won a place on the list of top 7 richest women in Nigeria today.

She started as an owner of a small furniture store in Lagos, the business later grew in leaps and bounds and she named it Leatherworld Furniture Company. The company is currently the biggest furniture company in Lagos.

Leatherworld Furniture the Company owned by Bimbo Alase became a business empire worth millions of dollars today. The company partnered with NIERI a furniture making company in Italy in 2005 and together, they produced some of the best furniture in Africa.

Bimbo Alase is standing up to be counted among the top 8 richest women in Nigeria today because of her determination and strong will to succeed despite all odds.

  • 6. Hajia Mariya Dantata

Hajia Mariya Dantata is the mother of the richest man in Nigeria as of today. Her wealth may not be rated in Africa as of today but she is wealthy enough to win a place on the list of top 8 richest women in Nigeria.

Hajia Mariya Dantata is a philanthropist and she gave a huge amount of her wealth to charity when she was alive, she does it quietly and does not love to announce her kind gestures. This elderly woman did not only have an impressive character, she also had a good head for business and investment.

Let it not be said that Hajia Mariya Dantata made her wealth from her wealthy son, she was engaged in a lot of legal businesses that generated huge income for her. Hajia Dantata had business partners in Nigeria and in many countries of the world. When she was alive, she held the position of one of the richest women in Nigeria and would have made it to the top 10 richest women in Africa.

Hajia Mariya Dantata is late as of today but her wealth continues to accumulate in death as she entrusted her business management to people who continue to run the business for her. Because of this, even in death she still holds the position of one of the richest woman in Nigeria and made it to the top 8.

  • 7. Late Maryam Babangida

Maryam Babangida may be late as of today but her accumulated wealth made way for her to be one of the richest women in Nigeria even in death. This glamorous woman was the wife of the late military president of Nigeria Badamosi Babangida and she passes away in the 1990s.

She had many businesses in Nigeria and abroad when she was still alive and these businesses are currently being managed by her family and children. Late Maryam Babangida is fashionable, glamorous and versatile and she made a name for herself when she was the first lady of Nigeria.

If not for her death, this woman would be rubbing shoulders with the likes of Folorunsho Alakija today, as her business sense is unique. However, death cut short her affluence but even in death, she was able to hold her position as one of the richest.

That’s all about the Top 10 Richest Women In Nigeria


Tags: Top 10 Richest Women In Nigeria 2019

2 Replies to “The Richest Woman in Nigeria 2019 Top 10

  1. How can any of them help small scale business for grant or loan to start up. Business like production of cassava starch, flour and chips. Production of pig feed mill, and tuky feed. thank

  2. wow its really not easy being amongst this list,kudos to them me am still checking top 10000000 richest men in Lagos i never still see my name

Leave a Reply

Your email address will not be published. Required fields are marked *