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Home » Top 5 richest women in Nigeria
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Top 5 richest women in Nigeria

Ayobami Sanusi
February 8, 2025
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Nigeria is home to several powerful and wealthy women who have built remarkable empires and impacted lives through their businesses and philanthropy. In this article are the top richest women in Nigeria derived from reliable sources including Forbes Africa and other trusted financial reports.

Contents
  • 1. Folorunsho Alakija
  • 2. Hajia Bola Shagaya
  • 3. Daisy Danjuma
  • 4. Fifi Ejindu
  • 5. Stella Chinyelu Okoli

1. Folorunsho Alakija

Net Worth: $1 billion 

Folorunsho Alakija is widely celebrated as one of the richest women in Nigeria and Africa. She built her wealth through investments in the oil and gas industry and real estate. As the Vice Chairperson of Famfa Oil, one of Nigeria’s leading oil exploration companies, Alakija’s success story inspires many.

She started her career as a fashion designer, creating high-end designs for elite clients. Today, she is a prominent philanthropist, funding education and healthcare initiatives through her foundation.

READ ALSO: Top 5 richest men in Nigeria

2. Hajia Bola Shagaya

Net Worth: $950 million

Bola Shagaya is an influential businesswoman and one of Nigeria’s richest women. Her business empire spans real estate, oil and gas, and banking.

Shagaya is the founder of Bolmus Group International, a diversified company with interests in various sectors. She has also invested heavily in property development across Africa and Europe.

3. Daisy Danjuma

Net Worth: $900 million

Daisy Danjuma is an accomplished lawyer, politician, and entrepreneur. She is married to retired General Theophilus Danjuma, a billionaire businessman.

Daisy has held influential positions, including serving as a Senator representing Edo South Senatorial District. Her investments in oil, real estate, and other sectors make her one of Nigeria’s wealthiest women.

4. Fifi Ejindu

Net Worth: $850 million

Fifi Ejindu, an architect and entrepreneur, is a prominent figure in Nigeria’s business landscape. She is the CEO of Starcrest Group, a conglomerate involved in oil and gas, real estate, and construction.

Ejindu is also known for her philanthropy, supporting education and youth empowerment programs. Her passion for architecture has also led to stunning contributions to Nigeria’s skyline.

READ ALSO: 2025: Top 5 richest women in the World

5. Stella Chinyelu Okoli

Net Worth: $800 million

Stella Okoli is a visionary pharmacist, business executive, and philanthropist who founded Emzor Pharmaceutical Industries LTD. 

She holds prominent positions as the Vice President of both the Manufacturers Association of Nigeria and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture.

In honour of her late son, Chike Okoli, who passed away in 2005, she established the Chike Okoli Foundation in 2006. Additionally, she oversees the Chike Okoli Centre for Entrepreneurial Studies.

The richest women in Nigeria have shown resilience, innovation, and dedication in their various fields. These women have created lasting legacies while contributing to Nigeria’s development.


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