Top 5 Self-Made Millionaire Women in Nigeria

Nigeria is home to some of the most remarkable self-made women millionaires who have built their empires through sheer determination, innovative thinking, and relentless hard work.

These trailblazers have made strides in various industries, including oil, real estate, fashion, and pharmaceuticals. Their stories of success serve as powerful inspirations, showcasing the incredible potential and impact of female entrepreneurship in Nigeria. 

The top five self-made millionaire women in Nigeria are :

1. Folorunsho Alakija $1.6 billion

 Alakija is the wealthiest woman in Nigeria. She started from humble beginnings and founded Famfa Oil, a Nigerian oil exploration company. She also established the Rose of Sharon Group, which focuses on fashion, printing, and real estate.

Alakija’s journey from a secretary at a bank to becoming an oil magnate is a testament to her tenacity and strategic vision. Her philanthropic efforts, particularly through the Rose of Sharon Foundation, have helped many widows and orphans in Nigeria.

2. Hajia Bola Shagaya $950 million

 Shagaya is a businesswoman and investor with diverse interests. She has made her mark in real estate, banking, and fashion. Her investments have solidified her position as one of Nigeria’s most influential women in business.

Shagaya’s business empire started with her import and distribution of photographic materials, which quickly expanded into other lucrative sectors. Her real estate ventures include significant developments in major Nigerian cities, showcasing her ability to spot and seize investment opportunities.

3. Daisy Danjuma $900 million

 Danjuma is a philanthropist, businesswoman, and former senator. Her investments span oil and gas, real estate, and other sectors. She is well-respected for her contributions to various industries and her charitable endeavours.

Daisy Danjuma’s political career has also given her a unique perspective on business and governance, enabling her to leverage her influence for both entrepreneurial and social causes. Her work in the healthcare sector, especially in women’s health, has earned her numerous accolades.

4. Fifi Ekanem Ejindu $850 million

Ejindu is an architect, real estate developer, and entrepreneur. She has played a role in Nigeria’s construction industry, contributing to its growth and development through her innovative projects.

Ejindu’s architectural prowess is evident in the luxurious and state-of-the-art buildings her company has developed. She is also known for her dedication to promoting African culture and heritage through her designs, blending modern architecture with traditional African aesthetics.

5. Stella Okoli  $800 million

Okoli is the founder of Emzor Pharmaceutical, a leading pharmaceutical company in Nigeria. Her company has become a household name, providing affordable and quality medications to millions. Her success in the pharmaceutical industry highlights her business acumen and dedication.

Okoli’s leadership has propelled Emzor to become a player in the health sector, not just in Nigeria but across Africa. Her commitment to corporate social responsibility, particularly in healthcare and education, has had a profound impact on communities.

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