Top Five Richest Women In Nigeria And All You Need To Know About Them

It is no more news that the general assumption that what men can do,  women can do better is not just a slang. It has become evident in many areas including the wealth acquisition.


In this piece, we shall take a look at the top five wealthy women in Nigeria. Below are their names with a few details about each.



1. Folorunsho Alakija








Folorunsho Alakija was born in 1951 in Ikorodu, Lagos State, Nigeria. From history Madam Alakija had her primary school education at Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales UK. She proceeded to Muslim High School Sagamu Ogun State, Nigeria and later went abroad where she attended Pitman’s Central College, London where she studied secretarial studies. Also, she studied fashion design at the American College, London and the Central School of Fashion.


Today, she is a businesswoman and ranked as the richest woman in Nigeria and Africa at large. She draws her wealth from a number of businesses which include fashion, oil and printing industries. She is the executive vice-chairman of Famfa Oil Limited and the group managing director of The Rose of Sharon Group, a company which consists of The Rose of Sharon Prints and Promotions Limited and Digital Reality Prints Limited. At the moment, she is said to worth $2.1 billion.



2. Hajia Bola Shagaya, MON







She was born on the 10th of October, 1959. She attended Queens School, Ilorin for secondary school education before proceeding to Ahmadu Bello University , Zaria and later went to Armstrong College in California, where she studied economics and accountancy.


At the moment, she is ranked 4th richest woman in Africa and the second most influential wealthy business woman from Nigeria. She draws her wealth majorly from oil sector. Bola Shagaya is a board member at Unity Bank. She is the CEO of Bolmus Group International. She is also the managing director of Practoil Limited as well as businesses in real estate. Her net worth at the moment is $1.9 billion.


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3. Diezani Alison Madueke








Diezani Alison Madueke was on born 6th December, 1960 in Port Harcourt, Rivers State. She had her tertiary education in both England and United States. She also had her MBA from Cambridge University.


She held many positions within the political scene in which she was the first.  Diezani Alison Madueke was the first woman minister for  Petroleum Resources in Nigeria. In October, 2010 she was once again the first woman to head a country delegation at the semi-annual OPEC conference. Also, she was the first female to hold the position of Minister of Transportation as well as the first woman to be appointed to the board of Shell Petroleum Development Company Nigeria. On 27th November, 2014, she was as well elected as the first female President of OPEC. She is said to be worth $2 billion.



4. Cecilia Ibru







Cecilia Ibru was born on 22th March, 1946. Cecilia went to Saint Margaret’s Grammar School in Ilesa between 1960 and 1965. She proceeded to University Tutorial College in London between 1967 and 1968. She later graduated from the University of London in 1971 with a degree in Sociology. Cecilia also bagged her Masters of Philosophy in 1977 from the School of Oriental and African Studies.


She worked in Ibru organization as Project Director from 1978 to 1980. She was later promoted to International Finance Coordinator and serve until 1990. She later moved to oceanic bank in 1990 as a general manager. She later became Managing Director and CEO at oceanic bank. She is believed to worth $1 billion.



5. Fifi Ekanem Ejindu







Fifi Ekanem Ejindu is a Nigerian Architect and businesswoman. She was born in Ibadan, Oyo state of Nigeria. she is the great granddaughter of King James Ekpo Bassey of Cobham Town in Calabar, Nigeria. Her father’s name is Professor Sylvester Joseph Una. Her princess title is Highness Obonganwan King James.


Princess Fifi attended the Senior Staff Primary School at the university campus and proceeded to Queens College, Yaba, Lagos for secondary school education. She later went on to study architecture at Pratt Institute in Brooklyn, New York. In 1983 she was the first black African woman to be awarded a B.Arch. from the institute. She also took courses at the Massachusetts Institute of Technology and later returned to Pratt Institute to acquire her Masters in Urban Planning.


Princess Fifi started her group of companies in 1995 focusing on real estate, oil and gas as well as building construction. The group of companies include Starcrest Investment Ltd., Starcrest Industries Ltd., and Starcrest Associates Ltd. Her net worth is about $600 million.


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