Top ten richest people in Nigeria (2025)

Top 10 Richest Nigerians (2025)

1. Aliko Dangote – Approx. $10.9 billion

Founder of the Dangote Group—leading industries like cement, sugar, salt, and now oil refining with the massive refinery at Lekki .

2. Mike Adenuga – Approx. $6.7–$6.9 billion

Telecom and oil mogul—owner of Globacom (second-largest telecom operator in Nigeria) and Conoil .

3. Abdul Samad Rabiu – Approx. $5.1–$5.9 billion

Chairman of BUA Group, a major player in cement, sugar, and infrastructure .

4. Arthur Eze – Approx. $5.8 billion

Oil magnate and founder of Atlas Oranto Petroleum, one of Nigeria’s largest privately-held oil explorers .

5. Cletus Ibeto – Approx. $3.7–$3.8 billion

Built Ibeto Group, with diverse interests in cement, automotive parts, petrochemicals, and real estate .

6. Femi Otedola – Approx. $1.4–$1.9 billion

Energy and power businessman—chairman of Geregu Power, founder of Zenon Petroleum, with strategic investments across sectors .

7. Folorunsho Alakija – Approx. $1 billion

Vice chair of Famfa Oil, major oil industry figure, also invested in fashion and real estate .

8. Tony Elumelu – Approx. $700 million–$1 billion

Banking and investment leader—founder of Heirs Holdings and transformative figure behind United Bank for Africa (UBA) .

9. Jim Ovia – Approx. $550 million–$980 million

Banking pioneer—founder of Zenith Bank and former telecom player (Visafone) .

10. Mohammed Indimi – Approx. $500 million

Founder of Oriental Energy Resources, an influentia

l oil exploration and production firm .