Is nnewi the richest town in nigeria. Here's a comprehensive guide to what makes Nnewi stand out.

Is nnewi the richest town in 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. Sep 14, 2023 · Date of Birth: August 4th, 1960; Sources of Wealth: Cement, Sugar, Banking and Finance, Steel; Estimated Net Worth (Forbes): $5. The town has an official Post Office. Here's a comprehensive guide to what makes Nnewi stand out. The top villages in Nigeria according to size, area, and popularity are shown below. Nnewi ,Anambra State has been rated by Forbes to be the richest town in Africa per Mar 30, 2025 · Femi Otedola is the next billionaire we will examine in this list of the top richest people Nigeria and what they do. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. He is a Nigerian businessman who started his career as a Jul 9, 2012 · From personal interaction, I believe the richest town in Igboland is Nnewi. 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 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. 7 billion. [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. Sep 21, 2023 · 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. Nnewi. His net worth is US$250 million. 5 Billion BUA Group’s Abdulsamad Rabiu made a major comeback on this year’s Forbes List of Richest Billionaires In Africa after dropping off the list in 2015. Emeka Offor is one of the richest people in Anambra state and one of the richest men in Nigeria. Apr 29, 2020 · 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. Ihiala Local Government Area It is located in the town of Ihiala Town and has about 10 towns including; Ihiala; Azia; Okija; Mbosi; Amorka; Isseke; Orsumoghu; Ubuluisiuzor; Uli; Lilu. Cletus Ibeto (Otherwise known as Ibeto Concrete): The Richest Towns in Enugu State . Cletus Ibeto is one of the richest ibo men in Nigeria, with the resources and the achievements to show for it. Nov 22, 2018 · Let’s name in free order 10 the wealthiest men of Nnewi origin who are considered the most successful entrepreneurs in Nigeria and the richest man in Nnewi. Currently, it encompasses Nnewi North and Nnewi South local government areas. Dec 19, 2023 · 5 Richest Igbo Men in Nigeria (2025) 10 Richest DJs in Nigeria in 2025 & Their Net Worth; 10 Richest Kids in Nigeria & Net Worth (2025) Top 10 Richest Musicians in Nigeria 2025 & Net Worth; 10 Richest Gospel Musicians in Nigeria in 2025; Top 10 Richest Politicians in Nigeria in 2025; 10 Richest Kings in Nigeria & Their Net Worths (2025) 5 days ago · Mr. . It hosts the biggest bike and motorcycle market in West Africa. Dec 7, 2023 · Nigeria is also home to the richest black man in the world, and the second richest woman in Africa. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. Before Aliko Dangote and Folunrosho Alakija, there were quite a number of Nigerians of incredible affluence. Among the wealthiest towns in Africa is Cape Town, which is home to 7,400 millionaires and one billionaire. ng Aug 17, 2017 · 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. Louis Odumegwu Ojukwu with Nnewi origin is considered as the first black billionaire in Nigeria and a founder of the Nigerian Stock Exchange. He was born on December 6th, 1952 in Nnewi, Anambra State. It’s the site of the Nnewi West Local Government Area, one of the largest local government areas in the country. The city is located in the Anambra South Local Government Area of Anambra State. Jun 1, 2023 · He is currently the third richest person in Nigeria and the 8th richest person on the African Continent. Sep 20, 2022 · Notably, the two wealthiest cities on the continent are in South Africa just as four South African cities make the top ten (Johannesburg, Cape Town, Durban, and Pretoria). Cletus Ibeto (Otherwise known as Ibeto Concrete): Cletus Ibeto is […] Jan 15, 2025 · Unsurprisingly, he is also from Anambra state and was born in Nnewi, the richest town in Nigeria with billionaire business men. Nigeria’s ability to create billionaires did not start today. The town has about 2. UGEP. Nov 23, 2023 · Nnewi, a town in Anambra State in Nigeria’s southeastern region, has produced more naira billionaires than any other town in the country, and maybe Africa. 6 days ago · 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. dealing with cars and car parts. Sep 6, 2016 · Nicon Town, Lagos With houses priced at $1. Native religion is Omenana. Nigeria. 8 billion, but his town Ukpo doesn't boast much wealthy men like Nnewi and other towns in Anambra, like Oraifite, Awka Etiti, Osumeyi, Ihiala, Enugu-Ukwu, Agulu and many other towns in Anambra, The richest man in Nnewi Jul 25, 2023 · Nnewi North stands as a thriving Local Government Area in Anambra State, Nigeria, where the town of Nnewi and its four villages unite to form a strong and culturally rich community. Among these, a critical number are from Nnewi, a town inside Anambra State. Femi Otedola. Top 10 Richest States in Nigeria 2022. Nnewi is a town located in Anambra state; southeastern Nigeria. Dec 25, 2023 · Richest Men in Nigeria in 2025. The area is located under the state’s southern senatorial district with more than 2. Emeka Offor – US$200,000,000. According to Forbes, Nnewi also produced the first It is also impressive when you consider that the Igbos represent around 50 percent of the richest in the country. He is the younger brother of the king of the town in Dunukofia called Ukpo. The city spans over 200 square miles with one Apr 3, 2025 · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. Nairaland Forum / Nairaland / General / Travel / Top 10 Richest Cities In Africa (42577 Views) 12 Most Beautiful Cities In Africa 2018 (pictures) / 10 Most Popular Yoruba Cities In Nigeria / 10 Most Beautiful Cities In Nigeria (pics, Video) - Ovoko. Take a look at them. [1] Its neighbouring towns are Nnewi, Ukpor, Ihembosi, Okija, Ogbaru, Atani and Oraifite. Anambra State. Afia Olu Nnewi. This town has the highest number of wealthy individuals both at home and abroad. In Nnewi, there are factories for the production of household goods, the largest transport companies in Nigeria. I will like to have a picture of those quality mansions scattered across these towns. Aug 6, 2020 · She is among the richest women in Kano, owning various establishments and properties to herself. The city is renowned for having a thriving economy, fueled by industries including finance, real estate, and tourism. 13. It is believed that she is one of the biggest snuff producers in Nigeria. Nduka Obaigbena. His estimated net worth is put at $800 million. Uju Uchendu Ozoka (Ogbogu Nnewi) Dame Barr. Apapa is located in Lagos State, to the west of Lagos Island. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. His company is famous for making top local vehicles. Is Nnewi the richest town in Nigeria? The recent news of Nnewi, the capital of Anambra State in Nigeria has been making headlines. 8B as of 3/1/2016. The largest village in Nigeria and all of West Africa is known as Ugep. Nnewi is the only town in the LGA but consists of other four villages (sub-towns) which are Otolo, Umudim, Uruagu, and Nnewi-Ichi. There are also a lot of wealthy people from this town or resident in it. Growing up, she had her primary education at All Saints Primary School, Onitsha, Anambra State. Source: (Forbes, The Small Town Of The Super Rich) You are referring to individual wealth. Kurumi Market, Kano. It is located around the Lower Niger River, being on the West and East side of the river. Ngwo . Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. 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 British… Nov 1, 2018 · South East Nigeria or South Eastern Nigeria is one of the six geopolitical zones in the country. Cosmas Maduka hails from Nnewi, the town with the highest number of billionaire richest men in Nigeria. Human resources in Nnewi are centered around technical skills, craftsmanship, and business acumen. He is worth $11. Apr 21, 2023 · Mr. 9 billion. In this post, we’ll be looking at this area, and presenting the 10 most developed and beautiful cities in Igboland. Port Harcourt has the absolute best (80%) portion of high total assets (above NGN 750, 000 yearly pay), considering ‘income per individual’ across Nigerian cities. [6] Anambra state is bounded by Delta State to the west, Imo State and Rivers State to the south, Enugu State to the east and Kogi State to the north. Having started off as a model, in the Mr. Sep 2, 2024 · The richest states in Nigeria are the main drivers of the nation's wealth. In spite of… May 18, 2024 · 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. 18%. 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 » May 6, 2020 · 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. READ ALSO: Nnewi: The Small Town Of Billionaires; Meet Some Of Them Sep 19, 2018 · Kano has the third-highest number of ultra-rich people in Nigeria and sums up the list of Africa’s ten richest cities. Cletus Ibeto is considered the richest man in Nnewi, Anambra state. Please if you want to support the channel so as to Apr 6, 2023 · Top 10 Richest Cities In Africa - Travel - Nairaland. Top 10 Richest Men In Nnewi 1. She has contested for both the Nigeria Presidential election and Anambra Jun 28, 2024 · The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. 7. LARGEST TOWNS AND VILLAGES IN NIGERIA. Currently it encompasses Nnewi North and Nnewi South local government areas. Nnewi is a small town with remarkable wealth; it has the highest concentration of Billionaires in West Africa. The first indigenous car manufacturing plant in Nigeria is located in the city a May 10, 2023 · Nnewi is one of the richest and biggest towns in Anambra that is renowned for its commercial activities. 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 Ogidi is an Igbo-speaking town and the headquarters of Idemili North Local Government area, Anambra State, Nigeria. 5 million Age: 65 Industry: Media Feb 8, 2021 · 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. wcekr ezalf txpz obgfw utafx vjn znufcw ajxt joddtb fccm ozh domhtn oold ftzuitj wkf