Insight

• Ikiodiete George
• 5 Min Read

Nigeria’S Forex Billionaires (2025): Top 10 Richest Traders & Their Net Worth

Forex trading in Nigeria has grown tremendously over the last decade, evolving from a niche interest into a lucrative career path for many. Thanks to increased internet penetration, affordable smartphones, and a vibrant entrepreneurial spirit, Nigerian traders are now making waves on the global forex stage.

This blog uncovers the top 10 richest forex traders in Nigeria for 2025. We explore their journey, estimated net worth, trading philosophies, and contributions to the forex ecosystem. Whether you’re an aspiring trader or simply curious about Nigeria’s forex elite, this guide offers valuable insights.

Top 10 Richest Forex Traders in Nigeria (2025)

1. Uche Paragon – Net Worth: $20 Million

Uche Paragon is a name synonymous with forex success in Nigeria. Starting his trading journey in 2007, Uche combined relentless study with real market experience to build a robust trading career. He is the founder of CCI Traders and Paragon Forex Academy, platforms that provide education and mentorship to thousands of aspiring traders nationwide.

His success is rooted in a deep understanding of market psychology and technical analysis. Uche often emphasizes risk management and continuous learning as key pillars for sustainable profitability.

Key Highlights:

• Over 15 years of trading experience
• Trains over 5,000 active forex traders through his academy
• Diversified into commodities trading and entrepreneurship

2. Damilare Ogundare (HabbyFX) – Net Worth: $15 Million

Popularly known as HabbyFX, Damilare Ogundare burst onto the forex scene in 2016. Through innovative teaching methods and transparency in live trading, he quickly gained the trust of thousands of followers.

He is the CEO of Habby Forex Trading Academy and co-founder of Consummate Traders, both focused on educating and equipping Nigerian traders with practical trading skills.

HabbyFX is known for his straightforward trading style, often advocating for simple strategies that beginners can implement without complex technical setups.

3. Dapo Willis – Net Worth: $10 Million

Dapo Willis’s reputation as a technical analysis guru is unmatched. He has helped transform countless novice traders into professionals by teaching them how to read price action, identify market trends, and apply effective trading strategies.

Beyond trading, Dapo is a sought-after keynote speaker at financial conferences across Africa. His coaching extends to forex, stocks, and cryptocurrency markets, reflecting his diverse financial expertise.

4. Jeffrey Benson – Net Worth: $10 Million

Jeffrey Benson began his forex career in 2017 and has rapidly grown into one of Nigeria’s prominent traders and educators. Founder of Firepips and co-founder of Consummate Traders, Jeffrey focuses on signal services, live trading sessions, and trader mentorship.

He is recognized for his commitment to transparency, often sharing real-time trading results with his students to build trust and credibility.

5. Ejimi Adegbeye – Net Worth: $5 Million

Ejimi Adegbeye transitioned from a corporate career into full-time forex trading, founding The Forex Apostles, an academy that focuses heavily on trading psychology and discipline.

His approach stresses emotional control and long-term mindset, helping traders avoid common pitfalls like overtrading and revenge trading.

6. Sandile Shezi – Net Worth: $1.3 Million

Though South African by birth, Sandile Shezi’s impact resonates in Nigeria and the broader African trading community. As one of Africa’s youngest millionaires, Sandile’s story inspires many Nigerian traders through his seminars, motivational talks, and active social media presence.

7. Patrick Ogagbor – Net Worth: $600,000

Patrick Ogagbor is known for his disciplined and consistent trading approach. While his net worth is modest compared to others on this list, Patrick’s steady performance and mentorship roles have earned him a reputable position in Nigeria’s forex community.

8. Benjamin Ilesani Ajimoko – Net Worth: $400,000

Benjamin Ilesani Ajimoko is an emerging trader recognized for his analytical prowess and dedication to refining trading strategies. His growing presence in Nigeria’s forex circles marks him as a talent to watch.

9. Chinedu Onuoha – Net Worth: $280,000

Chinedu Onuoha specializes in technical analysis and is a respected mentor among aspiring Nigerian forex traders. His ability to simplify complex charting techniques has helped many achieve consistent profits.

10. Bade Ajidahun Afioluwa – Net Worth: $220,000

Bade Ajidahun Afioluwa focuses on education and community building within Nigeria’s forex space. Through training programs and online tutorials, Bade supports traders in mastering the basics and advancing to professional levels.

Summary Table

FAQ

Q1: Who is currently the richest forex trader in Nigeria?
A1: Uche Paragon leads with a net worth of approximately $20 million, thanks to his trading success and educational platforms.

Q2: How realistic is it to become a forex billionaire in Nigeria?
A2: While becoming a billionaire solely through forex trading is extremely rare and requires exceptional skill, discipline, and capital, many traders have built million-dollar portfolios by treating trading as a serious business.

Q3: Are forex academies reliable for beginners?
A3: Yes, reputable academies like Paragon Forex Academy and Habby Forex Trading Academy offer structured courses and mentorship that help beginners understand trading fundamentals and risk management.

Q4: Is forex trading legal in Nigeria?
A4: Forex trading is legal in Nigeria. However, it’s essential to trade with regulated brokers and adhere to guidelines from the Nigerian financial regulatory authorities to avoid scams.

Q5: What is the key to success in forex trading?
A5: Consistency, discipline, risk management, and continuous learning are critical for long-term profitability in forex trading.

Conclusion

Nigeria’s forex billionaires exemplify how passion, education, and discipline can transform financial futures. As forex trading continues to mature in Nigeria, these traders not only amass wealth but also uplift the community by sharing knowledge and mentoring the next generation.

For anyone interested in forex, the stories of these traders are both motivational and instructional, proving that with the right mindset and strategies, forex trading can be a gateway to financial independence.