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
NCS enhances border control with e-CDF, Report 69 currency declarations
BY Abiodun Saheed Omodara May 3, 2025 0

ABUJA, Nigeria (NAN) - The Nigeria Customs Service (NCS) has reported a total of 69 currency declara...

READ ALSO
Naira depreciates to N1,602.18 per dollar as CBN reports 0.34% drop
BY Abiodun Saheed Omodara May 3, 2025 0

The naira fell in value at the official market, on Friday,  reaching N1,602.18 to the doll...

READ ALSO
Tinubu Launches Committee for African Union MSME Forum in June
BY Abiodun Saheed Omodara April 30, 2025 0

ABUJA, Nigeria - President Bola Tinubu has given the green light for the formation of an oversight c...

READ ALSO
GTB review SMS charges after telecom hike fee
BY Abiodun Saheed Omodara April 30, 2025 0

Guaranty Trust Bank (GT Bank) has announced an upward review of its SMS transaction alert fee, incre...

READ ALSO
FG cracks down on unregistered businesses, Issues 6 week deadline
BY Abiodun Saheed Omodara April 29, 2025 0

In a renewed initiative to uphold compliance with Nigeria’s business regulations, the Federal...

READ ALSO
Federal court dismisses lawsuit against Buhari, Emefiele, citing plaintiff's absence
BY Abiodun Saheed Omodara April 29, 2025 0

ABUJA, NIgeria - Justice Inyang Edem Ekwo of the Federal High Court in Abuja has dismissed a N1 bill...

READ ALSO
Shettima urges RMAFC members to uphold transparency, fairness
BY Abiodun Saheed Omodara April 29, 2025 0

AKWA IBOM, Nigeria - The federal government has called on members of the Revenue Mobilisation Alloca...

READ ALSO
CBN allows cash transactions for 2025 pilgrims to Mecca following VP intervention
BY Abiodun Saheed Omodara April 25, 2025 0

ABUJA, Nigeria - The Central Bank of Nigeria (CBN) has granted permission for the 2025 intending pil...

OUR CHANNELS:

NCS enhances border control with e-CDF, Report 69 currency declarations
BY Abiodun Saheed Omodara May 3, 2025 0

ABUJA, Nigeria (NAN) - The Nigeria Customs Service (NCS) has reported a total of 69 currency declara...


Lawyer call out EFCC for insufficient public disclosure following VDM arrest
BY Abiodun Saheed Omodara May 4, 2025 0

Legal counsel for Martins Vincent Otse, who is also known as AKA Very Dark Black Man, has criticized...


Naira depreciates to N1,602.18 per dollar as CBN reports 0.34% drop
BY Abiodun Saheed Omodara May 4, 2025 0

The naira fell in value at the official market, on Friday,  reaching N1,602.18 to the doll...


Bode George calls on Tinubu to adopt 2014 CONFAB for a better Nigeria
BY Abiodun Saheed Omodara May 4, 2025 0

A former Deputy National Chairman of the PDP, Bode George, has urged President Bola Tinubu to adopt...


SDP demands cancellation of elections amidst irregularities
BY Abiodun Saheed Omodara May 4, 2025 0

ABUJA, Nigeria - The Social Democratic Party's Federal Capital Territory chapter has called for the...


UK court sentences UN judge  to over six years for modern slavery offenses
BY Abiodun Saheed Omodara May 4, 2025 0

A UK court sentenced a United Nations judge to six years and four months on Friday after she was fou...


NCDC issues urgent health alert as cholera cases surge in Nigeria
BY Abiodun Saheed Omodara May 2, 2025 0

ABUJA, Nigeria (NAN) - The Nigeria Centre for Disease Control and Prevention (NCDC) has released a p...


FCE to award dual qualifications under new policy
BY Abiodun Saheed Omodara May 2, 2025 0

ABUJA, Nigeria (NAN) - The Federal Government has officially begun the rollout of the Dual Mandate P...


ECOWAS leaders appeal to Sahel states to reconsider withdrawal
BY Abiodun Saheed Omodara May 2, 2025 0

Members of the ECOWAS Parliament have urged Mali, Burkina Faso, and Niger (Sahel States) to reconsid...


Simon Ekpa's Extradition Imminent in Nnamdi Kanu Case- Witness
BY Abiodun Saheed Omodara May 3, 2025 0

ABUJA, Nigeria (NAN) - A prosecution witness identified as PW-AAA, on Friday, said that Simon Ekpa w...


More Articles

Load more...

Menu