Billionaires
Nigerian billionaires’ net worth is on the rise, led by Aliko Dangote and Abdulsamad Rabiu, founder of BUA Group, whose fortune has increased by over $2 billion.
Adebayo Ogunlesi's fortunes have soared to $2.5 billion after adding $800 million in 2025, following a deal with Saudi Aramco, Saudi Arabia's oil giant.
BUA Foods has emerged as the Nigerian company with the biggest market share, with over N10 trillion valuation, leading 20 other companies on the NGX.
Africa's wealthiest man and Chairman of the Dangote Group. Aliko Dangote's wealth has ballooned to $29.3 billion on the Bloomberg Billionaire Index.
Nigerian entrepreneur Tony Elumelu frowned at Nigeria’s persistent electricity challenges, revealing that less than 7,000MW of power is shared by over 200 million.
Discover how African billionaires like Abdul Samad Rabiu and Johann Rupert are seeing significant wealth gains in 2025, driven by diverse industries such as food.
Aliko Dangote's recent retirement from two of his flagship companies exposed his daughters to bigger and more elevated roles at the Dangote empire.
Chairman of the Dangote Group, Aliko Dangote, has resigned from Dangote Cement and handed over to Emmanuel Ikazoboh, a former Ecobank Group Chairman.
Tony Elumelu has donated N25 billion to the Produce for Lagos Program, aiming to enhance food security, support economic growth, and reduce joblessness in Lagos.
Billionaires
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