Ever wondered who the richest women in Nigeria are?

Over the last two decades, women all over the world, including the African continent, have made financial waves and contributed to the African economy.

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Without doubt, they have established great empires in various sectors, including distribution, construction, food, manufacturing, energy, and agriculture.

Today, as we celebrate International Women’s Day (IWD), we honor the achievements and contributions of women around the world.

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These are women that have shaped lives and careers and women that stand out in male-dominated spaces.

Here are the top 3 richest women in Nigeria. They are here no particular order.

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1.  Folorunsho Alakija

Folorunsho Alakija
Folorunsho Alakija

The 70-year-old businesswoman, is the wealthiest woman in Nigeria in 2022, with an estimated net worth of $1 billion, according to Forbes.

She is also the founder of many African multi-national companies such as Famfa Oil, and Rose of Sharon Group, among others.

Folorunsho, made her money as one of the major stakeholders in the Nigerian Oil and Gas industry.

She began her career as an executive secretary for Sijuade Enterprises in Lagos in 1974.

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She also worked in several corporate and baking firms before venturing into entrepreneurship.

After a few years in the banking sector, Folorunsho Alakija decided to launch her own fashion-design company, Supreme Stitches.

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The brand’s name later was changed to Rose of Sharon House of Fashion.

FAMFA Oil Limited was established in 1991 and was granted the Oil Prospecting License (OPL) to operate on a 617,000-acre oil block in the Niger Delta.

She is married to Mr. Modupe Alakija and has four sons.

2. Hajia Bola Shagaya

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Hajia Bola Shagaya is the CEO of one of Nigeria’s leading base oil importers and distributors (Practoil Limited).

She is a fashion and art connoisseur, as well as a collector of fine automobiles, including a $90 million Rolls-Royce Ghost.

With a net worth of $950 million, she is Nigeria’s second wealthiest woman and Africa’s fourth wealthiest woman.

She started her career in the audit department of the Central Bank of Nigeria before moving into commercial activities in 1983.

She started with the importation and distribution of photographic materials (her first major source of wealth) and introduced the Konica brand to the Nigerian market and West Africa.

For the last eight years, she has been on the board of Unity Bank Plc and is a member of the newly formed Nepad Business Group Nigeria.

She is married to Alhaji Shagaya and has six children.

You should also read: International Women’s Day: What Buhari Said About Women

3. Mosunmola Abudu

Mosunmola Abudu, Mo Abudu
Mosunmola Abudu ( Mo Abudu)

An amazing woman that is popularly known as Mo Abudu. She is a Nigerian businesswoman.

Mosunmola Abudu was married to Tokunbo Abudu (later divorced) and had two children on September 11, 1964, in the United Kingdom, where she spent most of her formative years.

She received her master’s degree in human resource management from the University of Westminster.

Mo Abudu was appointed chief of the human resources department of Exxon Mobil Nigeria, one of the country’s largest oil firms, when the company came to Nigeria.

Despite facing racism as a black woman growing up, Mo Abudu was motivated to combat prejudice and promote human equality.

She is one of the few African women to have had a significant impact as a result of this experience.

Mo Abudu is enthusiastic about a variety of enterprises, including hotels, human resources firms, and the media.

She is recognised as one of Nigeria’s and Africa’s wealthiest media personalities, having inked a multi-million dollar agreement with Netflix.

Mo Abudu is a philanthropist has a net worth of $650 million in 2022.

She made the list of our richest women in Nigeria.

These are some of the many wealthy women in Nigeria. If they can do it, you can.

Once again, happy International Women’s Day.

Comment below about any other rich woman you know.

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