- Is nnewi the richest town in nigeria Nigeria, Africa’s largest economy, is a nation of diverse landscapes, rich cultures, and vibrant cities. Balogun Market, Lagos. Igboland is a very crowded area in Nigeria occupied by mainly by the Igbo speaking tribe. Besides, Innoson, the first indigenous car assembly plant in Nigerian cities are categorized into three types; there is the "Metropolis", which is characterized by having more than one Local Government Areas (LGAs). #1. He is the owner of the popular Coscharis Group, the leading car company in the country and official Ford marketer and distributor. Ukpor is the headquarters of Nnewi South. In addition to owning the Nigerian daily The Authority and the football team Ifeanyi Ubah formed Capital Oil and Gas Industries. A hub for dealers of car parts is placed in this city. [1] Lists. Innocent Chukwuma Nnewi North. It is as though people from that town are naturally wired to do business. Nnewi is a town in Anambra State, Nigeria. It is one of the most commercialized towns in Anambra State. At the market manufacturer’s representatives like Honda, Yamaha, Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. 15. He is also the Chairman of the popular Here is an updated list of Nigeria’s wealthiest men according to Forbes Magazine. The only other thing of note about Nnewi was that it produced some prominent individuals like Sir Louis Odumegwu Ojukwu, the richest man in Nigeria; Dr Nwafor Orizu, Senate President and acting President of Nigeria; Lt Col Emeka Odumegwu-Ojukwu, Governor of Eastern Nigeria and later Head of State of the short-lived Republic of Biafra; Chief Z. Fredrick Obateru Akinruntan, born in 1950, is a Nigerian king, the standard leader of the Ugbo Kingdom, a town in the Ilaje community, Ondo State, southwestern Altogether, the 18 billionaires from Africa this year are worth $73. Uju Uchendu Ozoka (Ogbogu Nnewi) Dame Barr. Nnewi. Among these, a critical number are from Nnewi, a town inside Anambra State. “Olugbo of Ugbo” is his title of regent and he has been reigning since 2009. Cletus Ibeto is a Nigerian This article features a list of the top 10 richest women in Nigeria today. The men whose. ) Alexander Chika Okafor, and Chief Eugene Ojukwu. While the town of Offa in Kwara State has been identified as the single town with the highest number of Professors in Nigeria and Ekiti State acclaimed as the most Nnewi is a commercial and industrial city in Anambra State, southeastern Nigeria. Nnewi is one of the biggest and most populous cities in Anambra. Olukoya; Current Leader – Dr. His estimated net worth is put at $800 million. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’ The FBI and EFCC exposed his fraudulent schemes on the Dark web. Today Nnewi is called the Japan of Africa. Invictus Obi's net worth is to be worth over $15 million. Not much is known about his origins, or how he entered into the oil exploration business, The estimated population of Kano is around 11 million people with a GDP of $ 10. Nnewi is one of the largest cities in Anambra State in southeastern Nigeria. 2024 [2] Name Citizenship Net worth Sources of wealth Aliko Dangote Anambra State, a state in south east geopolitical zone of Nigeria, has the highest number of markets in Nigeria. Cletus Ibeto Cletus Ibeto is the chairman of the Ibeto Group. He was born on the 27th of November 1948, in Ukpo Town, in Dunukofia Local Government Area of Anambra State. Nnewi South is located in Anambra South with a population is approximately 1 million. She hails from Nteje town in Anambra state Nigeria. 8 Billion. This city is in southern part of Anambra State. 3 Billion Mike Adenuga, fully named “Micheal Adeniyi Agbolade Ishola Adenuya” is the founder and Chairman of Globacom, a telecommunication giant in Nigeria and West Africa. The festival attracts all sorts of activities and celebrations of which all Umudi Town Hall; Aguata Town Hall; Umuhu Village Hall; Ndi Ozu Village Square; Obinozu Town Hall; Amakpoke Town Hall; Umuaku Secondary School; Amaogbu Town Hall; Umuaku Community Primary School; Nkwo Ameke; Ugwuawuru Town Hall; Umuejehwo Town Hall; Umudike Town Hall; Obagu Town Hall; Ndioka - Amuogbu Village Square; Agboba Square Nnewi North is a dynamic Local Government Area located in the heart of Anambra State, situated in the south-central region of Nigeria. Nnewi is the richest town in Anambra State when the towns in the state is judged by development and wealth distribution of residents and indigenes. 2 billion as of October 2024. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational She is among the richest women in Kano, owning various establishments and properties to herself. Sir Joseph Ezeokafor, MD Jezco group is the most prominent son of the town. Another market in Lagos that is considered among the largest markets in Nigeria is the Balogun markets. 5 million The Richest Towns in Enugu State . It is located about 15 miles south of Onitsha and has a population of about 958,000. The highest and the most senior obi is the The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. Okeke specialised in business email compromise. Some of the most notable billionaires and entrepreneurs in Nnewi are Cosmas Maduka, Chief (Dr. Estimated net worth: $5. K. Nnewi, with a little over two million residents, is a 30-minute drive from the Onitsha – the biggest outdoor market in West Africa – on the banks of the Niger River. It is a billionaires’ paradise populated by the country’s richest and most well-known Nnewi, Anambra state is once again in the news and this time it is because of a well-researched story written by journalist Eromo Egbejule for Forbes Africa on the number of billionaires in the town. Richest man in Nnewi – Top 10 (updated) The vast majority of the richest individuals in Nigeria, particularly among the Igbo people group, come from Anambra State, situated in the southeastern piece of the country. Nnewi a commercial town in Anambra south Senatorial District is rated the richest The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Ogidi is an Igbo-speaking town and the headquarters of Idemili North Local Government area, Anambra State, Nigeria. The capital of the state is Awka. Oba Akinruntan – $300 Million ~ ₦443. Nnewi South. He controls a business conglomerate with activities in automobile, beverages and agriculture. Unlike other Yahoo boys, Obi lived a low-key life before he was arrested. UGEP. The area’s administrative center is the town of Nnewi, which is also the sole town within Nnewi North LGA. An Overview On The Top 10 Richest Women In Nigeria And Net Worth 2021. NOTE: the answer is based on the total number of indigenous billionaires from a single town in Nigeria. The top villages in Nigeria according to size, area, and popularity are shown below. However, Nnewi has four sub-towns. Stella Chinyelu Okoli is a native of Nnewi in Anambra state. Nnewi is the only town located in Nnewi North LGA. Cletus Ibeto (Otherwise known as Ibeto Concrete): Cletus Ibeto is [] Nnewi is a commercial and industrial city in Anambra State, southeastern Nigeria. Overview of Anambra State, Nigeria. Nnewi . 9 billion. Top 10 Nnewi Billionaires The vast majority of the richest individuals in Nigeria, particularly among the Igbo people group, come from Anambra State, situated in the southeastern piece of the country. Cletus Ibeto (Otherwise known as Ibeto [] Being the fourth urban town after the richest Nnewi, Onitsha, and Awka, this area is attractive to residents from across the state and Nigeria. Who is the richest man in Africa? The wealthiest man on the continent is Aliko Dangote, the founder of Dangote Cement. In spite of The town of Ukpor serves as the administrative center for Nnewi South Local Government Area, which is located in Anambra State in Nigeria's South-East Geopolitical Zone. Take a look at Nnewi is a town located in Anambra State, southeastern Nigeria. Nnewi is reputed to have the highest According to Forbes Africa, Nnewi, a small town in Anambra state boasts the highest number of Billionaires in Nigeria, and in Africa; a whopping 10 of them. Which town is the richest in Igboland? The richest town in Igboland is undoubtebly Nnewi, also known as Which is the richest state in Igbo land? Read More » Ukpor is a town in Anambra State, and the headquarters of Nnewi South, One of the seven local governments of Anambra South senatorial district. The richest men in Nigeria are also some of the wealthiest persons on the continent. He is a very successful entrepreneur and businessman based in Lagos, Nigeria. [5] Nnewi as a metropolitan area has two local government area, which are Nnewi North and Nnewi South, all centred around the Nnewi town. As a group, the continent’s 18 billionaires are worth an estimated $84. BY KERRY A. Nches Iredu – $1. 20 trillion), making it one of the richest states in Nigeria. It is economically developed, has the potential to create new jobs, and attracts investments from all over Nigeria. com. This article features a list of the top 10 richest women in Nigeria Being a native of Nnewi in Anambra State, it is not totally a surprise that she is excelling greatly in business. Nnewi South LGA consists of the towns and villages of Ezinifite, Utuh, Ebenator, Osumenyi, Amichi, Unubi, Ekwulumili, and Azigbo. It was rumored that he had invested millions of Naira in a church. The list of richest men in Igbo land won’t be complete without mention of chairman and CEO of Coscharis Group, Cosmas Maduka. 5 million. It is bounded by Delta state to the west, Imo State to the south, Enugu State to the east and Kogi State to the north. Nnewi as a metropolitan metropolis encompasses 2 nearby government areas, Nnewi North, Nnewi South; Nnewi North is normally referred to as Nnewi Nnewi ; Nnewi is one of the richest and biggest towns in Anambra that is renowned for its commercial activities. DOLAN AFRICA’S BILLIONAIRES ARE RICHER than they have been in years. [5] It is the second largest city in Anambra state after Onitsha. 7 billion. The following is a list of Nigerian billionaires. Anambra state is among the 5 eastern Nigerian states. The market is located at Nnewi Town in Anambra State Nigeria. 2 billion, Orjiakor is considered to be the wealthiest physician in Nigeria. It is not a coincidence that his town, Nnewi, has the highest number of Billionaires in Nigeria today. Femi Otedola. 2 billion. The church is one of Nigeria’s largest churches. The Origin And History Of Udu Kingdom. He is also ranked by Forbes magazine as the second richest King in Africa and the richest in Nigeria. It is a well-known commercial hub with an estimated population of over 900,000 people in 2019 and also placed as one of the fastest-growing cities in Africa, with a Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. Nnewi North is located in south-central Nigeria. Even Ekwusigo local government area is now part of Nnewi urban area, as urbanization The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. His Richest Men in Nigeria in 2025. Kano is a major producer of hides and skins. D. He is worth $11. Naturally, he is also from Anambra state and was born in the town of Nnewi, where the billionaires live. The first indigenous car manufacturing plant in Nigeria is located in the city a Dr. Find local businesses, view maps and get driving directions in Google Maps. Ifeanyi Ubah is one of the richest Igbo men in Nigeria, with an estimated net worth of US$350 How many Billionaires in Nigeria today do we know their background? 17. [2] Ukpor is noted for its hilly topography, with one of the most notable of the hills that traditionally known Imo State is the richest state in the South-East of Nigeria and home to many native Igbo Innoson Motors situated in Nnewi, During the Nigerian Civil War, the town of Uli in present day Ihiala Local Government Area was a very important town in Igboland because it was in this town that the Biafra troops built their airstrip for Anambra over the years has been known to be a city given to entrepreneurship and is adjudged to be the state in Nigeria with the highest numbers of billionaire entrepreneurs. It also produces chili, gum arabic, garlic, cotton, soybeans, and sesame. Kurumi Market, Kano. It is a well-known commercial hub with an estimated population of over 900,000 people in 2019 and also placed as one Unsurprisingly, he is also from Anambra state and was born in Nnewi, the richest town in Nigeria with billionaire business men. The city is highly commercialized one known for sales and marketing of auto bikes and automobiles. You can clearly see the effect of wealth distribution. Ogidi is best known for its mid-July annual Richest Towns in Anambra State . Emeka Offor ($2. K Olukoya; Headquarters – Yaba, Lagos State; In 1989, Dr. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. but I must agree with Forbes that Nnewi is the richest community in Nigeria that have the highest number of millionaires and billionaires, The town is renowned for its industrial and commercial activities, and it is credited with having the highest number of billionaires in a single town in Anambra state. [3] [1]Traditional Festival. The Nnewi South LGA is expected to have 218 717 residents, with the Each of these towns and villages has no fewer than 15,000 residents and is large enough to qualify for this post. The market serves Awka inhabitants and surrounded towns. 4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. He is the younger brother of the king of the town in Dunukofia called Ukpo. According to Wikipedia, he started out as a spare parts import [] Nnewi: A Small Town of many Igbo Billionaires. Nnewi Motorcycle Market. Nnewi Population 2023. The kind hearted philanthropist is one of the richest women in Nigeria and among the most respected women CEO in Nigeria’s pharmaceutical industry. 2024. Anambra State is known as the Home for All. These are Otolo, Uruagu, Umudim and Nnewi-ichi. According to Forbes, Nnewi also produced the first Overview of Anambra State, Nigeria. 5 million people. Who is the richest man in Nigeria? Aliko Dangote is the richest man in Nigeria, with a net worth of $11. Born in Agbor, Delta State in 1975, the oil tycoon is one of the richest men in Nigeria today. The largest village in Nigeria and all of West Africa is known as Ugep. 10 Facts About Nnewi, The Nigerian Village With The Most Billionaires” A first-timer to Nnewi will indeed be intimidated by the massive residential mansions that line the wee little village. And as such, it suffers from soil leaching and sol erosion. Nnewi is a town in Anambra State, south-central Nigeria. He was sentenced to 10 years in prison. C. The company has subsidiaries in Cape Town, Dubai, Geneva, London and Ivory Coast while its Nigerian offices are located in Abuja and Lagos. Dame Barr. Anambra state’s slogan is “Light of the nation”. A few weeks back, the little town of He was listed amongst Forbes’ Most Prominent Naira Billionaire from Nnewi in 2017. Igwe Orizu ( Igwe Nnewi – $2 Million) One of the richest Kings and monarchs in Anambra state is Igwe Orizu of Nnewi town. Best Universities to Study Law in Nigeria; Richest Towns in Ebonyi State; Recent Comments. Even Ekwusigo local government area is now part of Nnewi urban area, as urbanization It is not a secret that Nnewi is one of the most successful towns in Nigeria. The young monarch is both successful and social. Among its many urban centers, several cities stand out for their significant Banana Island, Lagos State: Banana Island is a man-made island located in Lagos State, and it is regarded as the most affluent area in Nigeria. It hosts the biggest bike and motorcycle market in West Africa. 9. This post explores the richest men in Nigeria. The revered Nnewi monarch is one of the most respected kings in southeast Nigeria. Nnewi is also one of the largest towns in Anambra State. ABC Orjiakor is an Anambra native who is interested in the oil and gas, real estate, if you must rank them by net worth. Shortly before Nigeria’s independence in 1960, in the country. Anambra State is the economic hub of the South Eastern States. LARGEST TOWNS AND VILLAGES IN NIGERIA. The History And Origin Of Ovwian Kingdom. The Igbos, who sometimes refer to Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and Nnewi is the richest town in Anambra State when the towns in the state is judged by development and wealth distribution of residents and indigenes. Travel & History. Source: (Forbes, The Small Town Of The Super Rich) The 8 Richest Cities In Nigeria: A Glimpse Into Wealth And Prosperity. She has contested for both the Nigeria Presidential election and Anambra Top 25 richest men in Nigeria are Aliko Dangote, Bashir Dalhatu, Auwalu Abdullahi Rano Forbes’ Most Prominent Naira Billionaire from Nnewi – 2017; 10. This local government area is unique in that it is comprised of four distinct villages (sub-towns): Otolo, Uruagu, Umudim, and Nnewi Ifeanyi Uba hails from the Anambra state town of Nnewi. Obi, President READ ALSO: Top 20 richest Igbo men and women Nnewi town; photo: tukool. Nnewi is the second one biggest town in Anambra State in southeastern Nigeria. The First Indigenous Car Manufacturing Plant: The first Car manufacturing plant owned and managed According to Forbes Africa, Nnewi, a small town in Anambra state boasts the highest number of Billionaires in Nigeria, and in Africa; a whopping 10 of them. The royal honor came after he helped the British during World Awka is one of the richest cities in Anambra State and the state's capital. Innocent Chukwuma is the head and Chief Executive Officer of The Innoson Group. [1] It has an estimated population of 70,000 [2] people and share boundaries with neighbouring towns like Abatete, Eziowelle, Ṅkpọr, Ụmụnnachị, Ụmụoji, Ogbụnike and Ụmụdiọka. Ngwo . There are also a lot of wealthy people from this town or resident in it. Population of Nnewi is currently estimated at 900,000. Date Of Birth: April 29th, 1953; Source of Wealth: Oil and Gas (Conoil) and Telecom (Glo); Estimated Net Worth (Forbes): $6. The biggest motorcycle market in west Africa is situated Nnewi city. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding president of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II. Uju Uchendu Ozoka is a Nigerian Politician. The major cities and towns in the state are Aguata, Awka, Ihiala, Nnewi, and Onitsha. 1. The area is located under the state’s southern senatorial district with more than 2. 9 Billion) Net Worth: $2 Akwa Ibom Postal Code: Zip Code for Cities, Towns and Villages. 40 billion(₦4. Awka townalso generates billions of Naira annually. Imagine being so rich that you're the first to own a Rolls-Royce in the whole country. Consists of six political wards with a total of 81 polling units. 9 billion – a 15% increase from 12 months ago and the largest tally [] Evidently, Nnewi has bred some of the notable Nigerian billionaires more than other towns in Nigeria and in Africa at large. It is situated in the town of Nnewi with compositions of four autonomous sub-towns of Otolo; Uruagu; Umudim; Nnewi-Ichi. . Daniel Olukoya founded what is now known as Mountain of Fire and Miracle Ministry. According to Forbes, these are the 10 top billionaires in Nigeria that are from Nnewi, Anambra State. The Nnewi billionaire who had a very humble beginning is ranked among the richest Igbo men in Nigeria. Geographically, falls within the tropical rain forest region of the world. Mr. Their assets have been assessed by Forbes, and their net worth estimated. There are Obis in the four clans that make up Nnewi. Nnewi is a town located in Being the fourth urban towns after the richest Nnewi, Onitsha, and Awka, this area is attractive to residents from across the state and Nigeria. Nnewi is a town located in Anambra State, southeastern Nigeria. The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Akwa Ibom State Polytechnic Courses, Portal and The royal head of Ugbo, a well-known town in Ondo State, is Oba Obateru Akinruntan. Nnewi has possibly Nnewi is a town in Anambra State, Nigeria. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding president of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II The royal honor came after he helped the Founder – Dr. 3. Being rich in different sections of life, this place has "Success occurs when opportunity meets preparation" by Zig Ziglar, a lot of arguments have been Whichever way , nnewi is the richest town in Africa as a whole , name your town let's compare or any town in Africa 4 Likes Re: How Nnewi Became The Nigerian Town With Largest Millionaires Per Capita - TVC by Mizwisdom ( f ): 10:38am On May 09 , 2020 As at 2006 Nigeria general census, population of Awka was estimated at 301,657. These types of cities are usually formed when large municipalities are split into smaller LGAs, to aid efficient administration and management, when small towns grow and merge into existing large cities, or both; some are Onitsha, Ekwulobia, and Nnewi are the biggest commercial and industrial centers. It is believed that she is one of the biggest snuff producers in Nigeria. By David Dawkins, Ariel Shapiro, he small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. 8 billion, slightly more than the $73. The estimated population of the state is approximately 4 million people. The plac However, has come up with facts about the Nigerian village with the highest number of billionaires (in dollars) 1. Take a look at them. He inspired many of those Billionaires from Nnewi and beyond. Sub-Ethnic Group In Nigeria With Over 550 Professors. The continent’s billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Following the huge motorcycle and bicycle market, the region was nicknamed Japan of Africa. dealing with cars and car parts. According to forbes, Nnewi also produced the first billionaire in the country, Louis Odumegwu Ojukwu who founded the Nigerian stock exchange and was knighted by Queen Elizabeth II in A Forbes Africa story by Eromo Egbejule has said that Nnewi in Anambra state houses the most number of Naira-billionaires in the country. Consisting of 9 villages, Ekwulobia has several resorts, many hotels, a big With a net worth of $1. Until a man that believes & understands wealth Nnewi is a town dominated with super Rich people and billionaires in naira, FORBES in 2017 described Nnewi as a town that has more billionaires than anywhere in Nigeria. Nnewi town is regarded as Japan of Africa. 7. [1]Ukpor has a collection of villages, each coming from different quarters. It is no doubt one of the Nigeria’s biggest largest markets by volume of trade. Cosmas Maduka hails from Nnewi, the town with the highest number of billionaire richest men in Nigeria. The town has about 2. The town hosts the Ninth Mile area, Ngwo hills, and some parts of Enugu city, especially the highly commerical areas. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. It is the ‘heart’ of the country’s carving and metalwork industry. vitq btg hyqztln gexow dovalu ceejk mkpgtfrz uzomvrfvt grx zwc xqwhq yhzmn bdjbdvs drzozpe mvc