Top 4 Richest Women in Nigeria


Below, you will get to learn about the 4 richest women in Nigeria as at today.  These women have proved that a woman too can be influential and outstanding. Many of them are actually richer than many of the male billionaires in Nigeria. Sit back as we show you how they stand in terms of their individual wealth.

Top 4 Richest Women in Nigeria

These women of influence are classified based on some features like:

  • The value of the shares they hold in several companies
  • What the size and market of their shares are in those companies
  • The number of companies or business establishments owned by these individuals and the monetary value of those companies
  • The market value of the brand of their companies
  • What the impact of their companies is on the Nigerian economy.

Folorunsho Alakija

She is undoubtedly the richest woman in Nigeria today. She had been at this vantage position for some years now and it looks like she is never going to give up. Aside from being the richest woman in Nigeria, she is also the second richest woman in Africa.

Folorunso Alakija is a 62-year-old woman.  And she is into fashion designing, which form part of the source of her wealth. However, the greater bulk of her wealth actually came from her oil company. She is the Executive Director of FAMFA Oil, and the company is involved in oil and gas exploration and production.  This company is said to worth far more than $600 million as at today. In times past, this woman of affluence was the secretary of the International Merchant Bank of Nigeria,  a bank which is defunct today, and that was in the 70s.  This bank was one of the very first banks to be established in Africa.

Folorunso Alakija studied fashion designing in the UK and she returned to Nigeria afterwards to establish her fashion outlet.

Folorunsho Alakija was born in 1951. Her place of birth was at Ikorodu Road in Lagos. Aside from being a very popular and highly influential business tycoon, she is also a well-known entrepreneur. She got married in 1976. This woman of affluence overtook Oprah Winfrey as the richest black woman in the world in 2014. In addition, Folorunsho Alakija is also involved in a printing business.

Hajia Bola Shagaya

This is another exceptionally rich Nigerian woman.  She actually occupies the second place among the richest women in Nigeria. Her richest has transcended the coast of Nigeria and she is also rated as the 4th richest woman in Africa.  She has so many companies to her name and she is a very popular businesswoman.

One of her companies is Bolmus Group International and she is the CEO of the company. Her company is highly diversified and they are involved in several aspects of the Nigerian economy.  Her company has interest in banking, real estate and oil.

Bola Shagaya, aside from being the CEO of Bolmus Group International, is also a board member of Unity Bank Plc.  Aside from the various interests mentioned above, the lady is also involved in photography and communication. However, the bulk of her wealth comes from oil and gas, while the other businesses dealing she is involved in are just supportive.

As at today, Bola Shagaya has hundreds of houses in the choicest neighborhoods in Nigeria. Aside from the properties she has in Nigeria, Bola Shagaya also has properties in foreign countries, like the United States and the United Kingdom.

Hajiya Dr. Mariya Dantata

She is undoubtedly one of the richest women in Nigeria of today. She is actually very quiet and many people are never aware of her riches and influence in Nigeria.   Maybe she is not among the 10 richest women in Africa, but she has made a name for herself already as the third richest woman in Nigeria.  This woman is mother to Aliko Dangote, the richest man in Nigeria.

This woman is elderly and she is a very interesting and impressive woman. She is not just rich; she is also involved in philanthropy. Despite the huge amount she gives out to Nigerians in charity, she is still very quiet about it and will never reveal her philanthropy activities to the public unless she is compelled to do that.

Mariya Dantata is a well known business woman. Never think she got rich because his son is rich. No. she made her own money through several legal business engagements.  She has business partners, both here in Nigeria and in other countries of the world. Many of her business are however been run for her by some other people to whom she has entrusted such management.

Late Maryam Babangida

She may be late already, but she is still rated among the richest and most affluent women in Nigeria. When she was alive, she held sway as one of the richest. Despite her death, her estimated worth still makes her worthy of being counted as one of the richest women in Nigeria today.

Mariam Babangida was the wife of the late military president, Badamasi Babangida. She died in the 1990s anyway. She was involved in various business endeavors while she was alive. She was also among the most glamorous and fashionable first ladies that Nigeria had ever had.

Her businesses were speared across Nigeria when she was alive. She also had business interests in other parts of the world. Even after her death, her businesses are still being managed by her close relatives, including her children.

In terms of influence, Maryam Babangida was one of the most influence women in Nigeria when she was alive. She also made a name for herself while she was Nigeria’s first lady. Her death however cut short her influence. If she had continued with the rate at which she started and death had not cut her short, she might have grown to become the richest woman in Nigeria and she would have been able to compete with other women in Africa in terms of riches and affluence.





  1. Bamidele Segun Solomon
  2. odugu stephen
  3. aliyu hamisu nadabo
  4. musibau dada
  5. george
  6. Issa fatai

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