The demand for Ginger in the international market has gone up significantly because the root is now being used as raw material in manufacturing process. More »
Livestock feeds production is a very profitable business, the demand for animal feeds in ... You can start a small scale livestock feed production in Nigeria More »
The high demand for groundnut oil nationwide and the short fall in supply due to the ban on the importation of the product by the federal government of Nigeria has thus make Groundnut oil production business very lucrative. More »
The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »
Indeed you can become a millionaire through Poundo Yam production business in Nigeria. You can make up to N500, 000/month producing and selling Instant pounded Yam powder More »
Portable drinking water is a scares commodity in Nigeria, but some private individuals are truly making effort at making clean drinking water available through the setup of sachet and bottled water production business. More »
Smoked Catfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian because Nigerians and other Africans there need it to cook their food. More »
You Too can start exporting Cocoa from Nigeria to buyers in the US, Europe and make up to 20% -30% as profit. More »
Pharmaceutical, cosmetics industries and Individuals in China, the US, Germany, Canada, South Korea and European countries are looking for exporters who can supply Moringa seeds and Moringa leaves and get paid handsomely. More »
List of Top 20 Richest People in Nigeria for 2013
Business News (Finance) – Dangote, Adenuga, Otedola, Dokpesi tops list of 20 rich Nigerians who are billionaires for 2013.
>>>What is the secret to the success of the top 20 richest people in Nigeria? Who are the Nigerian billionaires and how did they amass their wealth? What are the business success secrets of the successful entrepreneurs in Nigeria? What does it
Today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. Politicians and individuals whose source of wealth cannot be traced are excluded from this list.
Most people have asked why so few Nigerians made the Forbes list of richest people in the world. So far, only Aliko Dangote, Mike Adenuga and Femi Otedola Well the answer to that question is this: Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange) and most of the richest people in Nigeria prefer to run their businesses privately. Thatâ€™s why they donâ€™t make the Forbes list of richest people in the world.
The criteria for coming up with this list
Most of you may be wondering the criteria or benchmark on which I compiled this list of richest people in Nigeria. Well, I compiled this list based on the following criteria:
*By the value of their shares held in quoted companies.
*The size and market share of their companies
*The number of companies they own and its assumed value
*The market value of their companyâ€™s brand
*The impact of their companies on the Nigerian economy
I compiled this list of richest people in Nigeria and highlighted the secret to their success because I believe we can learn a lot from them. Nigeria as a country has been branded all sort of names and a lot has been said about Nigeria; both positive and negative but I am proud that some individuals stood tall to tell the world that we have got potentials.
Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top. In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.
Instead of boring you with their success stories; I would rather extract the vital lessons learned from the life of these billionaires. If you are ready to learn, then below is a list of the Nigerian Billionaires (entrepreneurs) and top richest people in Nigeria.
Nigerian Billionaires and top 20 Richest People (Entrepreneurs) in Nigeria 2013
1. Alhaji Aliko Dangote â€“ founder of Dangote Group, Richest man in Africa and Richest black man in the world
2. Mike Adenuga â€“ Conoil, Equatorial Trust Bank, Globacom
3. Femi Otedola â€“ ZENON Oil and Gas
4. Orji Uzor Kalu â€“ Slok Group
5. Cosmos Maduka â€“ Coscharis Group
6. Jimoh Ibrahim â€“ Nicon Insurance, Global Flee
7. Jim Ovia â€“ Zenith Bank, Visafone
8. Pascal Dozie â€“ MTN Nigeria, Diamond Bank
9. Oba Otudeko â€“ Honeywell Group Nigeria
10. Alhaji Sayyu Dantata â€“ MRS Group
11. Umaru Abdul Mutallab â€“ former Chairman First Bank Plc, Mutallab Group
12. Prince Samuel Adedoyin â€“ Doyin Group
13. Dele Fajemirokun â€“ Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.
14. Chief Cletus Ibeto â€“ Ibeto Group
15. Raymond Dokpesi â€“ Daar Communication, AIT,
16. Tony Ezenna â€“ Orange Group
17. Chief Molade Okoya Thomas â€“ Chairman CFAO Nig and other six french companies
18. Ifeanyi Ubah â€“ Capital oil and gas
19. Leo Stan Ekeh â€“ Zinox Computer
20. Fola Adeola â€“ GTBank
21. Chief Ade Ojo â€“ Elizade Motors Nig LTD, Distributor of Toyota cars