A list of top Nigerian businessmen has been released and the list was no surprise given the impact the names involved has made in the economy of nigeria have.
The list was based on Firstly,the value of their shares held in quoted companies, secondly,the size and market share of their companies, thirdly the number of companies they own and its assumed value, fourth,the market value of their company’s brand and finally the impact of their companies on the Nigerian economy.
Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful businessmen listed below held their ground and fought their way to the top.
HAPPY READING
1. Alhaji Aliko Dangote, MFR, GCON (born 10 April 1957, Kano, Nigeria) is a Nigerian self-made business magnate, with an estimated net worth of $16.1 billion USD as of March 2013. Based in Nigeria, he is the owner of the Dangote Group, which has interests in commodities with operations in his homeland and several other countries in Africa, including Benin, Cameroon, Togo, Ghana, South Africa and Zambia.
Dangote is ranked by Forbes Magazine as the 43rd richest person in the world and the richest man in Africa.
2. Mike Adenuga Jr (born April 29, 1953 in Ibadan, Nigeria; full name Michael Adeniyi Agbolade Ishola Adenuga) is a Nigerian business tycoon who is regarded as one of the richest black people in the world. His company Globacom controls Nigeria’s second-largest telecom operator, he also owns stakes in the Equitorial Trust Bank and oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $4.3 billion as of March 2012 which makes him second wealthiest Nigerian behind Aliko Dangote.
3. Femi Otedola (born 1967 in Epe, Lagos State) is a Nigerian businessman. He is the CEO of African Petroleum Plc, and appeared as one of only two Nigerians (alongside Aliko Dangote) to appear on the 2009 Forbes list of 793 dollar-denominated billionaires in the world, with an estimated net worth of over US$1.2 billion. Femi Otedola is the Nigerian President Chief Executive officer of Zenon Petroleum and Gas limited.
4. His Excellency Dr. Orji Uzor Kalu (born April 21, 1960) is an international entrepreneur and the chairman of SLOK Holding and the Daily Sun newspaper, he served as the governor of Abia State, Nigeria from May 29, 1999, to May 29, 2007. Prior to his election, he served as the chairman of the Borno Water Board and the chairman of the Cooperative and Commerce Bank Limited. Dr. Kalu was also a member of the Progressive People's Alliance (PPA), as well as the chairman of the PPA Board of Trustees. He also served as the party's candidate for president in the April 2007 general election.
5. The Chairman/CEO of Coscharis Group of Companies and sole distributor for BMW in Nigeria, Dr. Cosmas Maduka, has a success story filled with intrigues. Imagine a seven-year old boy going to serve as an automobile apprentice because of poverty! Who could ever have imagined the outcome of such for this Nnewi-born business tycoon?
At age four, Cosmas Maduka lost his father, and therefore started hawking bean cake (akara) and climbing palm trees before the age of five, to assist his mother. Three years later when life became more miserable, his mother had to send him to her parents to lessen the task of providing for him and the other three children. By the time he was seven, little Cosmas was withdrawn from Elementary Three to serve as an automobile apprentice to a maternal uncle in Lagos. the rest is history they say.
6. Jimoh Ibrahim is a lawyer, politician, businessman, entrepreneur, industrialist and philanthropist in Nigeria. He is the current Group Chairman and Group Chief Executive Officer of Global Fleet Group, a diversified conglomerate, based in Nigeria, with business interests and subsidiary in neighboring West African countries.
7. Jim Ovia founded Zenith Bank Group in 1990. It has grown into West Africa's second largest financial services provider by market capitalization and asset base. He was required to step down as chief executive in 2009 after a 20-year stint following a Nigerian Central Bank directive that limits the tenure of bank chiefs to 10 years. He still remains the largest individual shareholder.
8. Mr. Pascal G. Dozie is a Co-Founder and Partner at African Capital Alliance. Mr. Dozie is the Founder of Kunoch Limited. He combines experience as a development economist and econometrician with project management in Africa and Europe. He has experience in project finance and the Nigerian Capital Markets. He was the Founder of Diamond Bank PLC. Mr. Dozie served as the Chief Executive Officer of Diamond Bank Plc. He has also served as the President at the Nigerian Stock Exchange.
9. Dr. Oba Otudeko, CFR (born, August 18, 1943 is an astute and highly successful Nigerian investor and entrepreneur whose domestic and foreign interests cut across diverse sectors of the economy. Professionally, he is a Chartered Banker, Chartered Corporate Secretary and a Chartered Accountant.
Over the years, he has also attended management courses at several prestigious institutions, amongst which are the Harvard Business School, the International Institute for Management Development in Lausanne, Switzerland, the Arthur D. Little School of Management and the London Business School.
Dr. Oba Otudeko is currently Chairman Honeywell Group, Airtel Nigeria and Fan Milk of Nigeria Plc
10. Mr. Sayyu I. Dantata is the Founder and Chief Executive Officer of MRS Holdings Ltd (Formerly, MRS Group). Alhaji. Dantata started his career as Director of the Engineering and Transport Division of Dangote Group - considered the Largest Nigerian conglomerate. He serves as the Chairman of MRS Oil Nigeria Plc and has been its Director since March 20, 2009. He serves as a Director of Hydro Alternative Energy, Inc.
TELL US WHAT YOU THINK OF THIS 10 VERY SUCCESSFULLY NIGERIAN BUSINESSMEN,AND ANYTHING WE CAN LEARN FROM THEM. HARD WORK SURE PAYS. LEAVE YOUR COMMENTS BELOW!!
The list was based on Firstly,the value of their shares held in quoted companies, secondly,the size and market share of their companies, thirdly the number of companies they own and its assumed value, fourth,the market value of their company’s brand and finally the impact of their companies on the Nigerian economy.
Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful businessmen listed below held their ground and fought their way to the top.
HAPPY READING
1. Alhaji Aliko Dangote, MFR, GCON (born 10 April 1957, Kano, Nigeria) is a Nigerian self-made business magnate, with an estimated net worth of $16.1 billion USD as of March 2013. Based in Nigeria, he is the owner of the Dangote Group, which has interests in commodities with operations in his homeland and several other countries in Africa, including Benin, Cameroon, Togo, Ghana, South Africa and Zambia.Dangote is ranked by Forbes Magazine as the 43rd richest person in the world and the richest man in Africa.
2. Mike Adenuga Jr (born April 29, 1953 in Ibadan, Nigeria; full name Michael Adeniyi Agbolade Ishola Adenuga) is a Nigerian business tycoon who is regarded as one of the richest black people in the world. His company Globacom controls Nigeria’s second-largest telecom operator, he also owns stakes in the Equitorial Trust Bank and oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $4.3 billion as of March 2012 which makes him second wealthiest Nigerian behind Aliko Dangote.
4. His Excellency Dr. Orji Uzor Kalu (born April 21, 1960) is an international entrepreneur and the chairman of SLOK Holding and the Daily Sun newspaper, he served as the governor of Abia State, Nigeria from May 29, 1999, to May 29, 2007. Prior to his election, he served as the chairman of the Borno Water Board and the chairman of the Cooperative and Commerce Bank Limited. Dr. Kalu was also a member of the Progressive People's Alliance (PPA), as well as the chairman of the PPA Board of Trustees. He also served as the party's candidate for president in the April 2007 general election.
At age four, Cosmas Maduka lost his father, and therefore started hawking bean cake (akara) and climbing palm trees before the age of five, to assist his mother. Three years later when life became more miserable, his mother had to send him to her parents to lessen the task of providing for him and the other three children. By the time he was seven, little Cosmas was withdrawn from Elementary Three to serve as an automobile apprentice to a maternal uncle in Lagos. the rest is history they say.
6. Jimoh Ibrahim is a lawyer, politician, businessman, entrepreneur, industrialist and philanthropist in Nigeria. He is the current Group Chairman and Group Chief Executive Officer of Global Fleet Group, a diversified conglomerate, based in Nigeria, with business interests and subsidiary in neighboring West African countries.
7. Jim Ovia founded Zenith Bank Group in 1990. It has grown into West Africa's second largest financial services provider by market capitalization and asset base. He was required to step down as chief executive in 2009 after a 20-year stint following a Nigerian Central Bank directive that limits the tenure of bank chiefs to 10 years. He still remains the largest individual shareholder.
9. Dr. Oba Otudeko, CFR (born, August 18, 1943 is an astute and highly successful Nigerian investor and entrepreneur whose domestic and foreign interests cut across diverse sectors of the economy. Professionally, he is a Chartered Banker, Chartered Corporate Secretary and a Chartered Accountant.Over the years, he has also attended management courses at several prestigious institutions, amongst which are the Harvard Business School, the International Institute for Management Development in Lausanne, Switzerland, the Arthur D. Little School of Management and the London Business School.
Dr. Oba Otudeko is currently Chairman Honeywell Group, Airtel Nigeria and Fan Milk of Nigeria Plc
TELL US WHAT YOU THINK OF THIS 10 VERY SUCCESSFULLY NIGERIAN BUSINESSMEN,AND ANYTHING WE CAN LEARN FROM THEM. HARD WORK SURE PAYS. LEAVE YOUR COMMENTS BELOW!!
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