Top 10 Richest Men In Nigeria [Updated! 2020]

The Richest men in Nigeria

According to the Forbes Richest black man list, Aliko Dangote is still the richest man in Nigeria and Africa too.

richest man Top 10 Richest Men In Nigeria [Updated! 2020]

In recent years both Aliko Dangote and Mike Adenuga have both dominated the top 10 richest men in Nigeria lists, from number one to three to be precise.

Ok, that aside, let’s talk about The Richest Men In Nigeria, Their net worth, and their establishments.

List of the top 10 richest men in Nigeria

  1. Aliko Dangote
  2. Mike Adenuga
  3. Abdul Samad Rabiu
  4. Jimoh Ibrahim
  5. Pascal Uzoma Dozie
  6. Arthur Eze
  7. Orji Uzor Kalu
  8. Jim James Ovia
  9. Tony Elumelu
  10. Oba Otudeko

This are the list of the top 10 richest men in Nigeria, let me list their net worth and source of income. This article will blow your mind to find out the excess money involved.

Top 5 Richest Men In Nigeria

Number one on the richest men in Nigeria list is

1) Aliko Dangote

  • Net worth=$9.2 billion
  • Source of wealth=cement, sugar, flour, Self Made
  • Current Age-62 years

Aliko Dangote is currently the richest man in Nigeria and number 136 on the world richest/billionaires by Forbes

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Lately, Dangote’s net worth was $10.4 billion.

Due to the purchase of the “Heat Recovery Steam Generator” for his new oil company, which cost him some Billions, his net worth is now $9.2 billion.

Aliko Dangote is not just among the richest men in Nigeria of Africa, and he is also among the Powerful People 2018 number 66.

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2) Mike Adenuga

  • Net worth=$8.8 billion
  • Source of wealth=telecom, oil, Self Made
  • Current Age-66 years

No doubt that the Globalcom boss is doing very well for himself.

He is the second richest man in Nigeria in 2020. Aside from being the owner of Glo, he is also the chairman of the famous petroleum and gas company “Conoil.”

His telecom company Globacom spread quickly and started challenging the giant MTN Group. It launched services in Benin in 2008 and has continued its spread across Ghana and CĂ´te d’Ivoire, with more licenses currently being prospected in other West African countries.

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3) Abdul Samad Rabiu

  • Net worth=$1.4 billion
  • Source of wealth=cement (BUA cement), sugar
  • Current Age-59 years

BUA boss is the third on the richest men in Nigeria list 2020.

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BUA cement is highly in pursuit of Dangote cement, as it is among the top 5 best cement in Nigeria.

Around 2015 Abdul Samad Rabiu dropped in net worth, making him not among the Forbes billionaires list.

His come back is superb because his net worth increased even more than his previous.

4) Jimoh Ibrahim

  • Net worth=$950 million
  • Source of wealth=Oil and Gas, Transportation, Hospitality (Meidan Hotel), Media(Newswatch magazine)
  • Current Age-52 years

Jimoh Ibrahim is the chief executive officer of Global Fleet Group, which he happens to be the chairman.

Global Fleet Group is a diversified conglomerate entity in Nigeria, having a business interest in Oil and Gas, Real Estate, Hospitality, Banking and Finance, Transportation, and more.

Jimoh Ibrahim’s investments include the following sectors:

  • oil & gas distribution
  • hotels
  • resorts
  • airlines
  • banking
  • real estate
  • insurance,
  • publishing, and so on.

5) Pascal Uzoma Dozie

  • Net worth=$900 million
  • Source of wealth=Banking and Finance/technology
  • Current Age-49 years

Pascal Uzoma Dozie was the former boss of Diamond bank before it merged with Assess bank.

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According to Forbes, Pascal Uzoma Dozie owns 340,409,900 shares or 1.67% of MTN Nigeria, a stake currently valued at N37.07 billion ($102 million).

This made him the Second Largest Individual Shareholders In Mobile Telecom Giant MTN Nigeria.

Pascal Uzoma Dozie is into technology as he is about to launch. Sparkle; a mobile-first platform focused on the country’s retail sector.

Frank Mbonu

My name is Frank Mbonu the owner of Thenaijainfo a prolific writer, a website designer @,and also an online marketer  i love sharing knowledge so i do that through this platform.