Would you like to receive notifications on latest updates of the following headlines?

Four Nigerian Billionaire Makes Forbes 2024 List with $26bn

POSTED ON April 3, 2024 •   Business      BY Abiodun Saheed Omodara
Aliko Dangote , Mike Adenuga,Abdulsamad Rabiu,Femi Otedola l Source:Google

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, as the top richest Nigerians in 2024. 

This comes as their combined wealth has climbed to $26 billion, according to the Forbes Real-Time Billionaires released on Tuesday. 

Aliko Dangote leads the pack with an impressive net worth of $13.4 billion, followed by Mike Adenuga with $6.7 billion, Abdulsamad Rabiu with $5.2 billion, and Femi Otedola with $1.4 billion. 

Aliko Dangote is the richest man in Africa and the richest black man globally, with an estimated net worth of around $13.4 billion in 2024.

His business empire, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.


Mike Adenuga is a Nigerian billionaire businessman. His company, Globacom is Nigeria’s second-largest telecom operator and also has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes estimated his net worth at $6.7 billion in 2024.


Abdulsamad Rabiu, a Nigerian billionaire businessman and philanthropist, is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure, and agriculture and producing revenue of over $2.5 billion.


Femi Otedola is a Nigerian businessman and philanthropist. He is the current executive chairman of Geregu Power Plc. Otedola is also the founder of Zenon Petroleum and Gas Limited and owns several other businesses in shipping, real estate, and finance. He has recently invested in power generation as part of the liberalisation of Nigeria's sector.

READ ALSO
UK, Nigeria unite to boost trade, economic growth through quality standards
BY Abiodun Saheed Omodara March 3, 2025 0

The governments of the United Kingdom and Nigeria have reiterated their dedication to enhancing trad...

READ ALSO
SERAP demands suspension of CBN's ATM fee increase as legal case unfolds
BY Abiodun Saheed Omodara March 3, 2025 0

LAGOS,Nigeria - The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organizat...

READ ALSO
Scam Alert: N329m lost in BVN fraud as agents register static images
BY Abiodun Saheed Omodara March 2, 2025 0

Fraudsters have stolen N329 million by utilizing static images to register for Bank Verification Num...

READ ALSO
S’Africa support Tshabalala's candidacy for AfDB, aiming for economic transformation
BY Abiodun Saheed Omodara February 28, 2025 0

The government of South Africa has shown its support for financial strategist and former Senior Vice...

READ ALSO
Dangote slashes petrol prices again, offering relief to Nigerians
BY Abiodun Saheed Omodara February 27, 2025 0

Dangote Petroleum Refinery & Petrochemicals has reduced the price of Premium Motor Spirit (PMS),...

READ ALSO
Tinubu's call for investment sparks concerns in Belgium over future oil trade
BY Abiodun Saheed Omodara February 26, 2025 0

Belgium has expressed concerns regarding the possible loss of a significant share of its petroleum p...

READ ALSO
Anambra assembly voices concerns over Onitsha drug market closure impacting local economy
BY Abiodun Saheed Omodara February 26, 2025 0

ANAMBRA, Nigeria (NAN) - The Anambra House of Assembly has adopted a resolution urging the National...

READ ALSO
Consumer protection agency challenges MultiChoice over unilateral price increases
BY Abiodun Saheed Omodara February 26, 2025 0

The Federal Competition and Consumer Protection Commission (FCCPC) has called on MultiChoice Nigeria...

OUR CHANNELS:

Minister calls for enhanced female engagement in finance
BY Abiodun Saheed Omodara March 3, 2025 0

ABUJA, Nigeria (NAN) - The Minister of State for Finance, Doris Uzoka-Anite, urged women to take adv...


Fuel prices drop as NNPCL cuts petrol cost, encouraging future reductions
BY Abiodun Saheed Omodara March 3, 2025 0

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in petrol pump pri...


UK, Nigeria unite to boost trade, economic growth through quality standards
BY Abiodun Saheed Omodara March 3, 2025 0

The governments of the United Kingdom and Nigeria have reiterated their dedication to enhancing trad...


Fuel Price Adjustment: Dangote Refinery offers N65 reimbursement to customers amid price cut
BY Abiodun Saheed Omodara March 3, 2025 0

Dangote Petroleum Refinery & Petrochemicals has declared its intention to reimburse customers wh...


Fubara orders new LG elections following Supreme Court ruling
BY Abiodun Saheed Omodara March 3, 2025 0

PORT HARCOURT- The governor of Rivers State, Siminalayi Fubara, has instructed the Rivers State Inde...


SERAP demands suspension of CBN's ATM fee increase as legal case unfolds
BY Abiodun Saheed Omodara March 3, 2025 0

LAGOS,Nigeria - The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organizat...


ITF commences onboarding for Artisan trainees in groundbreaking skill development initiative
BY Abiodun Saheed Omodara March 3, 2025 0

ABUJA,Nigeria (NAN)- The Industrial Training Fund (ITF) has announced the commencement of onboarding...


NDLEA nabs Angolan Tycoon with 120 pellets at Kano Airport
BY Abiodun Saheed Omodara March 2, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has apprehended a 42-year-old Angolan businessman,...


Chief Imam urges Muslim Men to support wives during Ramadan
BY Abiodun Saheed Omodara March 3, 2025 0

The Chief Imam of Ajiyobiojo Central Mosque in Ilorin, Kwara State, Saheed Ajiyobiojo, has urged Mus...


Inflation Surges: Nigerians advocate for policies to support economic stability and growth
BY Abiodun Saheed Omodara March 3, 2025 0

Nigerians have urged the federal government to put in place effective measures to curb inflation and...


More Articles

Load more...

Menu