Nigeria is a country blessed with not only natural resources but also brilliant and hardworking individuals who have built wealth through business, politics, and innovation. While men often dominate discussions about wealth, many women in Nigeria have also carved their own paths and built empires that rival the richest men in Africa. These women are proof that dedication, vision, and strategic investments can lead to financial success.
In this article, we take a detailed look at the richest women in Nigeria in 2025, their estimated net worth, businesses, industries, and lifestyles.
1. Folorunsho Alakija – $1 Billion
Background and Rise to Wealth
Folorunsho Alakija is widely regarded as the richest woman in Nigeria and the second-richest woman in Africa. Born on July 15, 1951, she began her career in the banking sector before venturing into fashion, where she launched her own label, Supreme Stitches, in the 1980s. However, her major breakthrough came when she entered the oil industry.
She founded Famfa Oil Limited, which secured one of the most lucrative oil blocks in Nigeria (OML 127). This company, in partnership with Chevron and Petrobras, has made her one of the wealthiest individuals on the continent.
Businesses and Investments
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Famfa Oil – Her primary wealth source.
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Fashion & Printing Industry – Formerly owned Supreme Stitches and is still involved in fashion.
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Philanthropy – Runs the Rose of Sharon Foundation, supporting widows and orphans.
Lifestyle
Alakija’s wealth allows her to enjoy a luxurious lifestyle. She famously purchased four identical Mercedes-Benz G-Wagons for her four sons and owns a customized Mercedes-Benz S-Class valued at over ₦20 million.
2. Daisy Danjuma – $900 Million
Background and Career
Daisy Ehanire Danjuma, a lawyer and politician, is the wife of former Nigerian defense minister and billionaire General Theophilus Yakubu Danjuma. Born in 1952, she served as a senator representing Edo South Senatorial District from 2003 to 2007.
Her career combines law, politics, and corporate leadership, and she is recognized as one of Nigeria’s most influential women.
Businesses and Roles
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Chairperson of May & Baker Nigeria Plc, one of Nigeria’s oldest pharmaceutical companies.
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Holds board positions in multiple companies connected to her family’s vast investments.
Lifestyle
Although details about her personal car collection are scarce, Daisy Danjuma is known to maintain a private yet elegant lifestyle, befitting her status as one of Nigeria’s wealthiest women.
3. Fifi Ejindu – $850 Million
Background and Achievements
Fifi Ejindu is a Nigerian architect, businesswoman, and philanthropist. Born into a royal family, she studied architecture in the United States before returning to Nigeria to start her business empire. She is the granddaughter of King James Ekpo Bassey of Cobham Town in Calabar.
Businesses and Wealth Sources
She is the founder and CEO of the Starcrest Group of Companies, which has three main divisions:
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Real Estate Development
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Construction and Design
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Investment Services
Her company has been involved in high-profile projects, both locally and internationally, and she has built a reputation as one of Nigeria’s most successful female architects.
Lifestyle
Fifi Ejindu is known for her love of luxury and elegance. She once bought herself a Rolls-Royce Ghost worth about ₦130 million to celebrate her birthday.
4. Bimbo Alase – $750 Million
Background and Career
Bimbo Alase is one of Nigeria’s wealthiest businesswomen, who made her fortune through the furniture and retail industry. She founded Leatherworld Furniture, a company that quickly grew into one of Lagos’ most luxurious furniture stores.
From a small retail business, Leatherworld has become a household name, supplying high-end furniture to affluent Nigerians and multinational corporations.
Businesses and Investments
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Founder of Leatherworld Furniture.
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Investor in retail and interior design.
Lifestyle
Although little is publicly known about her car collection or luxury properties, Bimbo Alase is admired for her entrepreneurial journey, having built her wealth without political connections.
5. Mo Abudu – $650 Million
Background and Rise to Fame
Mosunmola Abudu, popularly known as Mo Abudu, is a Nigerian media mogul, producer, and philanthropist. She is often referred to as the “Oprah of Africa” because of her influence in media and television.
Businesses and Wealth Sources
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Founder of EbonyLife TV, a media company that produces entertainment content for African and global audiences.
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Founder of EbonyLife Films, which has produced hit movies such as The Wedding Party and Chief Daddy.
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Former host of Moments with Mo, one of Africa’s most successful talk shows.
Her contributions to African media have earned her recognition on the global stage, and she was listed among the most powerful women in global television in 2017.
Lifestyle
Mo Abudu lives a luxurious lifestyle and owns several high-end vehicles, including a Lexus LX570, Mercedes-Benz S-Class, Mercedes-Benz G-Wagon, and Cadillac Escalade ESV.
6. Stella Oduah – $600 Million
Background and Political Career
Stella Oduah is a Nigerian senator and politician representing the Anambra North Senatorial District. Born in 1962, she has had a career that combines politics and business. She previously served as Nigeria’s Minister of Aviation, where she was responsible for major projects in the aviation sector.
Wealth and Controversies
Her estimated net worth of $600 million is attributed to her political career, business ventures, and influence. However, her career has not been without controversies. One of the most notable was the ₦255 million bulletproof car scandal, which drew national attention during her time as Aviation Minister.
Lifestyle
The only vehicle publicly linked to her is a BMW, associated with the bulletproof car controversy. Despite this, Stella Oduah remains one of the wealthiest women in Nigerian politics.
Conclusion
The women listed above are trailblazers in business, politics, real estate, oil, fashion, and media. Their journeys show resilience, innovation, and determination to succeed in a male-dominated environment.
From Folorunsho Alakija, the oil tycoon worth over $1 billion, to Mo Abudu, the media queen shaping Africa’s storytelling, these women inspire not only Nigerians but also people around the world. Their success proves that wealth creation is not limited by gender but by vision, hard work, and strategic choices.