Lifestyle
Who Is the Richest Woman in Nigeria?
In conversations about wealth and influence in Africa, Nigeria often takes center stage. While much of the spotlight falls on male billionaires dominating the oil, telecoms, and banking sectors.
A remarkable group of women are shattering glass ceilings and making their mark on the business world. They are the wealthiest women in Nigeria, not only accumulating great fortunes but also inspiring future generations with their drive and ingenuity.
Here are the stories of the top 5 richest women in Nigeria, their backgrounds, business ventures, and the influence they wield.


1. Folorunsho Alakija (Estimated net worth: $1 billion)
Folorunsho Alakija is a true self-made billionaire, defying stereotypes and paving the way for other women in Nigeria. In 2020, Forbes termed Folorunso Alakija the richest woman in Nigeria and “the most powerful woman in Africa.”
She started her career in fashion design, establishing a successful clothing line. However, her entrepreneurial spirit led her to explore new ventures. In the 1990s, Alakija’s company, Famfa Oil, was awarded an oil exploration license, propelling her to the forefront of Nigeria’s oil and gas industry. She is also a philanthropist, supporting education initiatives and empowering women through her foundation.
2. Hajia Bola Shagaya (Estimated net worth: $950 million)
Hajia Bola Shagaya’s journey began in the civil service, working as an auditor for the Central Bank of Nigeria. However, her entrepreneurial spirit soon took hold. She started by importing photographic equipment, laying the foundation for her successful business group, Bolmus Group International.
This diversified conglomerate has interests in oil and gas, real estate, banking, and photography. Shagaya is a prominent figure in Nigerian business circles and a role model for aspiring women entrepreneurs.
3. Daisy Danjuma (Estimated net worth: $900 Million)
Daisy Danjuma is the wife of retired Nigerian General Theophilus Danjuma, a prominent businessman. While details of her early career are limited, she has become a powerful figure in her own right.
Danjuma is the co-founder of Afenmai Austeniti Limited, an oil and gas exploration company. She is also known for her philanthropic work, particularly in the areas of education and healthcare.
4. Fifi Ekanem Ejindu (Estimated net worth: $850 million)
Fifi Ekanem Ejindu is an architect, entrepreneur, and benefactor with familial ties to King James Ekpo Bassey of Cobham Town, Calabar. She ranks among the foremost female architects in Nigeria and established the Starcrest Group of Companies, encompassing real estate development, architectural design, and investment sectors.
Her fortune is estimated at approximately $850 million. In 2013, she was honoured with the African Achievers Award for Lifetime Achievement in Arts and Fashion.
Renowned for her innovative and neo-traditional approach to architecture, Fifi continues to make significant impacts in her field.
5. Stella Okoli (Estimated net worth: $800 million)
Stella Okoli, an industrious pharmacist, business leader, and philanthropist, is the driving force behind Emzor Pharmaceutical Industries LTD. From a humble pharmacy, she has grown her business into a pharmaceutical giant valued at $800 million.
She also holds leadership roles as the Vice President of the Manufacturers Association of Nigeria and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture.
In memory of her son Chike Okoli, who passed away in 2005, she founded the Chike Okoli Foundation in 2006. This charity aims to fight poverty and diseases, with a special focus on preventing cardiovascular diseases. Stella Okoli also manages the Chike Okoli Centre for Entrepreneurial Studies.
Lifestyle
Ooni Congratulates Prince Adekanmbi As Oniko-Elect
The Permanent Chairman of the Southern Nigeria Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, the Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II has congratulated Prince Sunday Adekanmbi Olayode Asinloye II on his emergence as the Oniko-Elect of Ikolaje Idiriko Kingdom in Ipokia Local Government Area of Ogun State.
Prince Adekanmbi was elected and formally appointed as the Oniko-Elect on 10th February, 2026, by the Ikolaje Idiriko Council of Kingmakers, following due traditional processes and consultations in line with the customs of the ancient kingdom.
In a press statement issued on Monday and signed by the Director of Media and Public Affairs, Ooni’s Palace, Otunba Moses Olafare, the Ooni described the emergence of Prince Adekanmbi as a testament to divine favour and the collective will of his people.
According to the statement, the Ooni commended the kingmakers for conducting a peaceful and credible selection process, noting that the stability of traditional institutions remains vital to cultural preservation and grassroots development across Yorubaland.
The Ooni urged the Oniko-Elect to embrace humility, wisdom and inclusiveness in the discharge of his royal duties, stressing that the throne is a sacred trust that demands selfless service, integrity and unwavering commitment to the welfare of the people.
He further prayed for divine guidance, long life and a peaceful reign for Prince Adekanmbi, expressing confidence that his ascension would usher in a new era of unity, growth and prosperity for Ikolaje Idiriko Kingdom.
The Ooni also reaffirmed the importance of synergy among traditional rulers in Ogun State and beyond, emphasising the need for collaboration in promoting peace, security and socio-economic advancement within their respective domains.
Signed,
Otunba Moses Olafare,
Director, Media & Public Affairs,
Ooni’s Palace,
Ile-Ife.
Lifestyle
Watch: Trending Video Of Gen. Diya Crying, Begging Late General Sani Abacha Surfaces Online
Former Ogun State Leader, General Oladipo Diya, grovelling at General Sani Abacha’s feet, crying and begging the late Head Of State over the 1997 coup allegation.
Gen. Diya was crossed examined at the Human Rights Violation Commission (HRVIC) on the coup plan 1997 to overthrow Gen. Sanni Abacha. He bluntly denied the fact that he was part of the plan but he admitted he knew about the plan.
He further explained that he was afraid of being killed by the Coup Master Planner if he revealed the plan. He denied pleading with Gen. Sanni Abacha but was shocked to see the video where he truly knelt down before Gen. Sanni Abacha as tendered by the Lawyer.
Gen. Diya Oladipo then was appointed as Chief of Defense Staff. He was appointed Chief of General Staff in 1993 and Vice Chairman of the Provisional Ruling Council in 1994. In 1997 Diya and dissident soldiers in the military allegedly planned to overthrow the regime of Sani Abacha.
The alleged coup was uncovered by forces loyal to Abacha, and Diya and his cohorts were jailed. Diya was tried in a military tribunal and was given the death penalty. pon the untimely death of Abacha in 1998, Diya was pardoned by the late Head of State’s successor, Abdusalami Abubakar.
Below is a leaked video clip
Lifestyle
BREAKING!!! Panic As Tinubu Collapses And Fall In Turkey [VIDEO]
A video has emerged showing the moment President Bola Ahmed Tinubu momentarily tripped during his state visit to Turkey, according to Naija News.
Naija News reports that President Tinubu had on Monday arrived Ankara, the capital of Turkey for a state visit.
According to a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the visit to Turkiye is aimed at deepening cooperation in key sectors including security, education, social development, innovation, and aviation.
Onanuga noted that the trip follows an earlier official visit to Nigeria by Turkish President Recep Tayyip Erdoğan between October 19 and 20, 2021, which reinforced diplomatic ties between Abuja and Ankara.
During President Tinubu’s visit, both countries are expected to hold strategic political and diplomatic engagements focused on shared interests in finance, communication, trade, and investment.
The programme will also feature meetings between senior government officials from both nations, alongside the signing of several memoranda of understanding (MoUs) covering scientific research, energy, technical cooperation, media and communications, military collaboration, and protocol.
A business forum will be held on the sidelines of the visit, bringing together Nigerian and Turkish investors to explore opportunities for mutual economic growth, the presidency noted.
Members of the President’s delegation participating in the bilateral engagements include the Minister of Foreign Affairs, Yusuf Tuggar; the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN; the Minister of Defence, General Christopher Musa (rtd); and the Chairman of the House Committee on Defence, Jimi Benson.
Others on the entourage are the Minister of Women Affairs and Social Development, Hajiya Suleiman-Ibrahim; the Minister of Interior, Olubunmi Tunji-Ojo; the Minister of Culture and Creative Economy, Hannatu Musawa; the National Security Adviser, Malam Nuhu Ribadu; and the Director-General of the National Intelligence Agency, Mohammed Mohammed.
Culled from Naija News
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