Richest town in nigeria Mr. Feb 5, 2024 · In areas located on the outskirts that should normally be considered “out of town”, houses still cost a fortune. In this write-up, we’ll peek at the towns and 23 local government areas in Rivers State. It is one of the 20 richest states in Nigeria. List of continents by gdp per capita. 7 billion. Lagos. Sep 2, 2024 · The fifth-richest state in Nigeria is Oyo State, which has a capital that is the third most populous city in the nation and was previously the second most populous metropolis in Africa. This local government area is mainly known for its oil and gas industry, which plays a huge role in Nigeria’s economy. Land/house owners increase prices every now and then to meet up with the ever-rising demands for properties. Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Apapa is located in Lagos State, to the west of Lagos Island. Apr 14, 2022 · The wealthiest city in Africa. Aside from these top ten, there are other richest individuals in Anambra state. Nov 9, 2023 · Africa, the cradle of humanity, abounds with resources and youth, yet grapples with economic challenges. 6. 5B. 3 million by the year 2100 makes it stand out as one of the richest cities in Africa. The rich people of Lagos prefer Victoria Islands to be their residence. Ngwo . Lagos, Nigeria's lively hub, has earned the astounding rank of Africa's fifth wealthiest city, according to Henley & Partners' most recent Africa Wealth Report 2024. His lounges attracts various celebrities. Other billionaire landlords and entrepreneurs find this city livable. The city’s affluent parts include Ikoyi and Victoria Island, while the major sectors driving it are basic materials, oil and gas, transport and financial services. Aug 12, 2020 · Lagos is one of Africa’s wealthiest cities with an expanding demographics of Nigeria’s wealthy elites. 5 billion). Overview: Lagos remains the most expensive city in Nigeria. Cletus Ibeto (Otherwise known as Ibeto […] Jan 24, 2024 · In this article, we are going to talk about top 15 richest Yahoo boys in Nigeria in the year 2024. Mar 10, 2025 · One capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in the whole continent. 17 trillion (approx. Biggest Towns & Cities in Akwa Ibom. Callback Contact +1 514 288 1997 English Callback +1 514 288 1997 Worldwide Offices Apr 25, 2019 · Being the fourth urban towns after the richest Nnewi, Onitsha, and Awka, this area is attractive to residents from across the state and Nigeria. IntroductionNigeria, Africa's most populous nation, is experiencing rapid development across its major cities. Major sectors there include: real estate and fund management. The Ebenebe town is teeming with farmers making waves in the country’s food industry. Mar 12, 2022 · Number 5 on the rundown goes to Durban with 3400 Millionaires and 210 Multi-millionaires, being the most active city in South Africa and the third richest city in the country with an estimated wealth of US$5. This was contained in the Africa Wealth Report 2022, released by Henley & Partners, in partnership with New World Wealth. Abuja b. John Mikel Obi (Net worth: $45 Million) Odion Ighalo (Net worth: $38. Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city by 2030. It is just as posh as Lagos and Port Harcourt, full of fancy apartments and places to stay, making it one of Nigeria’s most expensive places to live. They also host a popular market known as Nkwo market. Apr 17, 2024 · At second place, is another South African city – Cape Town – which has 7,400 dollar-millionaires, 28 centi-millionaires and one person worth more than $1 billion. Lagos is one of the fastest-growing cities in Africa and the center for Sep 14, 2022 · Over 50% of Nigeria’s non-oil industrial capacity is located in Lagos. Apr 17, 2024 · The industrial hub of Nigeria dropped from the fourth spot it was in 2023 with 5,400 millionaires, leading to 1,200 people now out of the millionaire radar. GOD BLESS. Femi Otedola. You should add them to your list of places you should tour. Anambra state has one of the lowest poverty rates among 36 states of Nigeria and FCT. Estimated net worth: $5. Cletus Ibeto. May 7, 2024 · Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Henley & Partners in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking Jan 11, 2024 · We’ll tell you more about him in our roundup of the top ten richest Nigerian footballers and their net worth, just as you’ll find it below. Among these, a critical number are from Nnewi, a town inside Anambra State. African cities with the Jan 23, 2022 · Guys, I was reading a book; The Richest Man in Babylon. 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. In addition, the city’s position as one of the fastest-growing financial centers of Africa with the highest rate of GDP of any African county, and an estimated population of over 86. 5 million, this area, located in Lagos, is opulent enough to be featured on Lifestyles of the Rich and Famous. It is also home to the Nigerian Stock Exchange [NSE]. There are also a lot of wealthy people from this town or resident in it. The royal honor came after he helped the British during World War II with his fleet of trucks. Is Nigeria the richest place in Africa? Mar 12, 2024 · In a 2017 global cost of living survey, Abuja, Nigeria’s capital, known for its fancy living spaces, was rated the 59th most expensive city due to its high cost of living. dollars. The town is known for its rich cultural heritage and has site of national museum. Apr 16, 2024 · Here are the 10 wealthiest cities in Africa with the most millionaires (USD) in 2024. Is Lagos Nigeria wealthy? Lagos, Nigeria, is considered a wealthy city with the fourth-highest GDP in Africa. The largest city in Nigeria is Lagos, which is one of the largest metropolitan areas in the world, but its capital is Abuja. Johannesburg stands as the economic powerhouse of the country and the entire African continent. So, stay glued as we take you on an expensive ride. It is also the state with highest number of richest men in Nigeria. Sep 14, 2023 · Date of Birth: August 4th, 1960; Sources of Wealth: Cement, Sugar, Banking and Finance, Steel; Estimated Net Worth (Forbes): $5. Lagos, home to large enterprises and the Nigerian Stock Exchange, is Africa’s economic powerhouse. dollars in private wealth, while Cape Town followed with 131 billion U. Obi Cubana is one of the youngest billionaires in Anambra state, Nigeria. 9 billion, up from $12. Mar 2, 2024 · These towns and villages are tagged as the richest towns because most of the richest men in Imo state are localized there. Clearly, there’s a lot of wealth floating around, and while the divide between the Oct 14, 2022 · Legit. Nsukka. But which part of Nigeria is the richest? Below is a list of the 10 richest states according to Buzz Nigeria: 1. Port Harcourt city, the state capital is one of the most remote urban areas in the country. Whether you're planning to relocate or simply curious, this list of the top 10 most expensive cities in Nigeria for 2025 provides insights into their cost of living. We will be focusing on the top richest towns in Anambra state and what qualifies them to be. Jan 9, 2023 · 4. He was so wealthy that during the Queen’s visit […] Nigerian cities are categorized into three types; there is the "Metropolis", which is characterized by having more than one Local Government Areas (LGAs). Jun 28, 2024 · The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. , or Berlin, and is also home to several top-end lifestyle estates, including: Steenberg, Atlantic Beach and Silverhurst Estate. Arondiizuogu is a popular and rich town. $102 billion) Lagos State, the commercial nerve centre of Nigeria, takes the crown as the wealthiest state by GDP. It is also known as the “City of Gold” and is home to the largest number of dollar millionaires on the continent. It is a mini-Onitsha as it is made up more of industries and businesses. While meditating on what I read, I asked myself the question, which is the richest city in Nigeria? a. Folorunsho Alakija is one of the wealthiest women in Nigeria and Africa, with an estimated net worth of over $1 billion. South Africa, the continent’s largest economy by GDP, maintains the top position, with about six cities having the highest number of dollar millionaires. In this article, we will be discussing the largest cities and towns in Akwa Ibom state. The city is Nigeria’s first for manufacturing non-edible goods, it has a GDP per capita of $3000 and is known as Nigeria’s capital for fashion and clothing item manufacturing, especially foot wares, bags and other leather products. Mar 1, 2024 · Richest states in Nigeria with their sources of revenue. Identifying the most developed cities depends on various factors like infrastructure, economic opportunities, and standard of living. Nenka Jan 4, 2023 · List of cities in Abuja, the federal capital territory – Abuja is the capital town of Nigeria placed within the center of the nation, Federal Capital Territory (FCT). 8 billion, its prosperity is primarily attributed to its rich oil and gas reserves, making it a cornerstone of Nigeria’s energy industry. The report released by Henley and Partners reveals Johannesburg also known as ‘Joburg’ as the richest city in Africa with about 15,200 millionaires Feb 1, 2021 · Altogether, the 18 billionaires from Africa this year are worth $73. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. The city’s elite live a life of luxury and influence, with private districts that house some of Nigeria’s wealthiest individuals. The 2018 Africa Wealth Report recently released by the AfrAsia Bank and the New World Wealth (NWW) ranks Lagos as the fourth wealthiest city in Africa. Other Richest Persons In Anambra State. 10. In this article, we are going to list 5 most expensive locations to reside in Abuja in 2020. Ifeanyi Uba hails from the Anambra state town of Nnewi. Aug 7, 2017 · 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 list includes highly respected and influential clergymen who have made significant contributions to their congregations and communities. GDP per capita: $2,430. Nigeria Lagos, Nigeria. Johannesburg was the wealthiest city in Africa as of 2021. Sep 20, 2022 · The city of Lagos has been described as Nigeria’s most exclusive city to live in, attracting 77 new residents from other parts of Nigeria every hour coupled with a thriving startup ecosystem. Mombasa is Kenya’s main coastal city. 26% annually, it is projected to reach 1. The Richest Towns in Enugu State . Net worth: $1. Jul 9, 2012 · From personal interaction, I believe the richest town in Igboland is Nnewi. Feb 28, 2025 · 📢 JOIN OUR TELEGRAM CHANNEL This article provides an overview of the top 10 richest Reverend Fathers in Nigeria. Experts examine poverty levels, natural resources, employment rates, and other metrics to determine the richest towns in this state. As a result, Ebenebe became one of the wealthiest towns in the state. C. In addition to owning the Nigerian daily The Authority and the football team Ifeanyi Ubah formed Capital Oil and Gas Industries. Jul 22, 2021 · Obi Cubana’s mother’s burial was the talk of the town among the old and young, rich & poor, male & females including all over social media. Emmаnuеl EdeRеv. Kings are expected to live good and kingly life. As mentioned in the top 10, Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city Richest Towns in Anambra State . Feb 5, 2024 · Top 25 richest men in Nigeria are Aliko Dangote, Bashir Dalhatu, Auwalu Abdullahi Rano, Mike Adenuga, Femi Otedola, Prince Arthur Eze, Abdul Samad Rabiu, Cletus Ibeto, Emeka Offor, Benedict Peters, Alafaa Kariboye-Igbo, Igho Sanomi, Hakeem Belo-Osagie, Folorunsho Alakija, ABC Orjiakor, Emmanuel Ojei, Theophilus Danjuma, Orji Uzor Kalu, Jimoh Ibrahim, Tony Elumelu, Jim Ovia, Oba Otudeko, Tunde Mar 21, 2023 · A new report has ranked Lagos as one of the cities in Africa with the highest number of millionaires; The list shows that Lagos has over 6,300 millionaires residents, and it is the fourth largest in Africa; The United States dominates the list of the world's top 20 wealthiest cities, with six American cities on the list May 16, 2022 · The city has the highest prime residential rates on the continent, similar to cities such as Washington, D. 125trillion [$145. ng listed the 15 richest towns in Anambra state. Nnewi . 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 also formed when Apr 29, 2024 · Lagos, the largest city in Africa by population, is home to the Nigerian Stock Exchange and some of Nigeria’s wealthiest individuals. 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. 9 billion. The same Ijesha land share border with Ondo at a place called etionin along ifetedo. This city is in northernmost part of the Igboland. In this sprawling city, 4,200 residents have over $1million to their name, 12 have more than $100million, and there are two billionaires, according to the Africa Wealth Report 2024 Sep 2, 2024 · The richest states in Nigeria are the main drivers of the nation's wealth. Feb 15, 2025 · Where is the Richest Town in Africa? The answer to the question of where the richest town in Africa is is not as straightforward as it might seem. It is a city powered by indigenous industrialization. This thriving metropolis, which is also the continent's most populous city, has a large number of high-net-worth individuals, totaling up to 4,200 millionaires. Folorunsho Alakija. Jan 5, 2025 · Rivers is one of the richest states in Nigeria and an oil producing state. Apr 17, 2024 · Cape Town, Lagos, and Accra among 50 best cities in 2024. Hopefully, Nigeria will move to a stage where the States don’t need to wait for the Federal Government before having a reasonable amount of resources in Jul 31, 2021 · In the wealth stakes, Nigeria isn’t doing too badly for itself at all. No place for this African continent get rich people like Ikoyi. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. Ifeanyi Ubah is one of the richest Igbo men in Nigeria, with an estimated net worth of US$350 . The richest city in the world is not in Europe or the United States, but in the Middle East. May 10, 2023 · It will be surprising to see this town rank among the richest in Anambra because of its small area and unpopularity. Nov 29, 2024 · In this article, we will take a closer look at the top 10 richest cities in Nigeria, based on their estimated GDP (Gross Domestic Product) in billions of dollars. With an average of 4,200 high-profile personalities, including figures like Tony Elumelu, Femi Otedola, Mike Adenuga, and Aliko Dangote, the city boasts a thriving community of affluent individuals. Before that, here is a brief description of Anambra state. S; The latest report highlighting wealthy societies in Africa and published by Henley & Partners has placed Lagos in fifth position in a Oct 20, 2023 · The richest cities in Africa — that is, the African cities where the richest people live — are currently Johannesburg, Cairo, Cape Town, Lagos, Nairobi, Durban, Cape Winelands, Garden Route, Casablanca, and Pretoria, with an honorable mention going to Accra. At a point Babylon was referenced as the richest city in the world. Top 10 Richest Men In Nnewi 1. Lagos is one of the most prominent cities in Nigeria, boasting a large GDP of more than $100 billion. I will like to have a picture of those quality mansions scattered across these towns. It is a rugged city, and the best place to buy automobiles and automobiles’ spareparts. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. The Greenhouse Premium City Club, exclusive club home to an outdoor terrace lounge, adult and kids pools, a pool bar, cabanas, indoor sports bar with top chefs. It is against this backdrop that this article will focus on the richest people from Enugu state, Nigeria. Dec 5, 2024 · With a population of over a million people, it is one of the most well-known cities in Nigeria. ” These individuals are often popularly referred to as “Big Boys. This is a sharp drop of about 900 from the 6,300 millionaires there were in the Nigeria’s commercial nerve-centre in 2022. By this I mean the town with the highest number of the wealthy both home and abroad. The people from this town are scattered all over the world doing their exploits. … Lagos, Nigeria’s financial capital, is home to more than 4,200 millionaires. Known for its high concentration of manufacturing companies, Ogun state makes our list as one of the richest states in the country. According to Forbes, his net worth in the register of Africa’s billionaires is $5. Who are the richest men in Enugu state, Nigeria. 5million) Obafemi Martins (Net worth: $35 Million) Ikorodu is a city in Lagos State, Nigeria. It is formed primarily during the 1980s, supplanting the nation’s most crowded city of Lagos as the capital on 12 December 1991. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. 6 Billion. Louis Odumegwu Ojukwu. Mar 11, 2025 · Ilesha is just a town under Ijesha land in Osun state. Lagos (Nigerian English: /ˈleɪɡɒs/;[9] Yoruba: Èkó) is the largest city in Nigeria and the second most populous city in Africa, with a population of 15. Research suggests that it is the richest in oil production in Nigeria and also the most peaceful area in Nigeria. Lagos Island is the commercial nerve center of Nigeria, hosting numerous multinational companies, banks, and corporate headquarters. A King is a big deal for any society. Sep 6, 2016 · Nicon Town, Lagos With houses priced at $1. He is the chairman and Chief Executive Officer of Chrisore Engineering Plc. Feb 11, 2022 · For the 11th year in a row, Alike Dangote of Nigeria is the continent’s richest person, worth an estimated $13. May 7, 2023 · Despite producing the richest black man in the world, Aliko Dangote, the only Nigerian city that made it to the list is Lagos, coming in the 72nd position with about 5,400 high net-worth individuals. Ijesha land share border with Akure at a place called owena. These states have large economies with developed infrastructure. Mario DibiaFather Ejike The top 10 wealthiest cities and areas in the World’s Wealthiest Cities Report 2024 are listed below, ranked by their number of resident millionaires (namely, high-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more). The richest people in Nigeria have amassed wealth and riches from diverse income streams. 7 Ikeja GRA, Lagos Located in the suburbs of Lagos, this upper-class neighborhood has some lovely homes that require some serious cash. "Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city by 2030," the report says. The other rich but smaller town is Abiriba then Nkwerre. Mar 11, 2025 · Ranking of Anambra Top Richest Towns & Villages. With no other Nigerian cities listed in the ten-city fortune club, the nation’s commercial nerve-centre May 23, 2024 · According to a 2022 report by BudgIT, here are the top 10 richest states in Nigeria ranked by GDP 1. If you are looking to start a business in Nigeria, we have selected a list of the top 10 cities in Nigeria to do business, considering mostly the GDP and per capita income rankings. Akokwa is considered a rich town because it has produced lots of wealthy people, who in turn take care of their town. It’s the most populated city on the continent, with over 23 million people living within its metropolitan. 6 GRA Phase 2, Portharcourt Oct 26, 2023 · 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. Sep 22, 2021 · Oyo is located in the South-Western region of Nigeria. This bustling metropolis, often referred to as the economic nerve center of the country, boasts a robust economy that dwarfs many other African nations. Apr 18, 2023 · Nigeria’s commercial nerve centre, Lagos has been ranked as the fourth wealthiest city in Africa and 72 in the world, according to a report published on Tuesday by international investment migration firm, Henley & Partners in partnership with global wealth intelligence firm New World Wealth. The city is close to marvelous beaches and a tourist attraction. South Africa's biggest city held 239 billion U. Jan 15, 2025 · He has hotels, clubs for lounge at different Nigerian cities, from Abuja, Lagos, Enugu, Port Harcourt, Owerri etc. 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 » Dec 25, 2023 · Richest Men in Nigeria in 2025. While wealth can be measured in various ways—overall GDP, private wealth held, the number of billionaires, or cost of living—no single town unequivocally holds the title across … Where is the richest town in Africa? Read More » Dec 16, 2024 · Lagos, in Nigeria, Africa's most populated city, came fifth on the list with over 4,000 millionaires. Lagos c. S. It accounts for over 80% of the country’s foreign trade flows and generates over 50% of Nigeria’s port revenues. May 2, 2023 · The population in the urban area is 14 million people, and the city is considered one of Nigeria’s biggest cities. Feb 28, 2025 · The ancient Igbo Ukwu town is one of the largest towns in Anambra State. Ogun state. Johannesburg, South Africa — 12,300 millionaires. It is a major economic and commercial hub, with a bustling seaport and a diverse population. Overall, it ranks as the richest country in Africa with a GDP of $404. Nov 1, 2018 · The capital of Akwa Ibom is Uyo, a bustling town that has evolved from being low-class town to a city of national relevant with several unique landmarks. This post will give an update on towns in Anambra with highest number of rich people. Nov 29, 2024 · The next person on this list of the top richest people Nigeria is Mike Adenuga. Feb 5, 2024 · Securing second place among the richest States in Nigeria is Rivers State, located within Nigeria’s southern Niger Delta region. Google Nigeria is headquartered in Ikoyi. 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. Mar 2, 2025 · Being the fourth urban town after the richest Nnewi, Onitsha, and Awka, this area is attractive to residents from across the state and Nigeria. [1] It is located to the north-east of Lagos, along the Lagos Lagoon and shares boundary with Ogun State. Top four cities for 2024 are Johannesburg (South Africa), Cape Town (South Africa), Cairo (Egypt) and Nairobi (Kenya) with 12,300, 7,400, 7,200 and 4,400 millionaires in each city respectively. May 10, 2024 · Although Johannesburg is the wealthiest city in Africa, with 12,300 millionaires, 25 centi-millionaires, and two billionaires, Cape Town is predicted to become Africa’s wealthiest city by 2030. 8 billion as of early 2023. 141billion. Cletus Ibeto is considered the richest man in Nnewi, Anambra state. They are the most developed towns in Akwa Jun 4, 2021 · Nigeria has recorded about 9,100 high net worth individuals (HNWIs) each with minimum net assets of one million dollars and a combined total wealth of approximately $207 billion, as at December 2020. The real billionaires in Nigeria, na Ikoyi dem dey. This Oct 12, 2022 · Which town is the richest in Anambra state? Nnewi, Awka, Onitsha, Ebenebe, Ora Ukwu, Akwa Etiti, Agulu, Enugu Ukwu, Nanka, and Neni are among the wealthiest states in Nigeria. It was a party attended by the big boys of the Nigerian entertainment industry, politicians, to mention a few. 7. Callback Contact +1 514 288 1997. 1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. Read more — Africa Wealth Report. It is a major hub for petroleum production. Feb 20, 2025 · One of the most beautiful cities in Nigeria. Also, the state has a high number of universities. Ikoyi Golf Club The Falamo garden Jan 19, 2023 · Top 10 Richest Cities In Nigeria In conclusion, as noted earlier, some of these States can almost survive without allocation from the government, which is something many others cannot do. Davido was born in Atlanta, United States, and raised in Lagos, Nigeria. Lagos Island LGA, Lagos State. The southwestern state was founded on February 3, 1976. Ijesha land start from a place called enuwa in Ile ife region. Fr. 68 trillion). While it’s not the wealthiest in all of Africa, it holds the top spot within Nigeria by a significant margin. With a population of more than 225 million, Nigeria is the most populous country in Africa and the sixth-most populous in the world. Onitsha. Extremely dangerous relief flights took off from Sao Tome and other sites loaded with tons of food and medicine for the distressed Biafran population. ContentsTop 10 Richest Reverend Father In NigeriaFr. Dec 3, 2024 · 1. Its GDP is $9. Umhlanga, South Africa Umhlanga is the shopping mall paradise in Africa. By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. The Cape Winelands Feb 9, 2024 · Davido, the son of Nigeria’s wealthy politician, Chief Adeleke, claims the spot as the third-richest musician in Nigeria in 2023, boasting an impressive average of 20 million YouTube views per video. Consisting of 9 villages, Ekwulobia has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. Kano d. In this blog post, we delve into the richest cities in Nigeria, exploring the sources of their wealth, their key industries, and the factors that contribute to their economic success. Most of the economically active population works in the agricultural sector. All ijesha towns have close to 15 Apr 18, 2023 · Nigeria’s commercial nerve centre, Lagos has been ranked as the fourth wealthiest city in Africa and 72 in the world, according to a report published on Tuesday by international investment migration firm, Henley & Partners in partnership with global wealth intelligence firm New World Wealth. Sep 27, 2024 · Obio-Akpor, in Rivers State, is one of the wealthiest LGA in Nigeria with a GDP of about $10 billion. He surpassed King Olubuse II, the Ooni of Ife, with $225 million and the Swaziland King Mswati III by over $200 million. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. 3 million as of 2022 within the city proper. Mar 3, 2025 · Ranking factors. Lagos – The Economic Hub. Jun 17, 2024 · 21. The top 10 wealthiest cities in Africa, including Johannesburg, Cape Town, Cairo, Lagos, Durban, Nairobi, Abuja, Pretoria, Casablanca, and Accra, are driving economic growth and development on the continent. Who is the richest woman in Nigeria? Folorunsho Alakija is the richest woman in Nigeria. Source: UN (World Urbanization Prospects 2018) Date: 01 Apr 2024: Top Statistics IPL 2024. Anambra State is the economic hub of the South Eastern States. Both Durban and Umhlanga are two of the quickest developing towns in the country throughout the most recent ten years. It was rumored that he had invested millions of Naira in a church. Sep 19, 2018 · The country’s most populous city, Dar es Salaam is the richest city in the country and among the richest in Africa. Although these local government are seen the richest in Nigeria when it comes to natural resources, they have been affected in one way or the other due to the current downturn Apr 1, 2024 · List of cities in Nigeria by population. This article will introduce you to them. The total population of Oyo is around six million people. With a population of over 1 million inhabitants, Ikorodu is currently the 12th largest city in Nigeria and growing at a rate of 5. Nigeria and several other West African countries have been identified as the origins of numerous wealthy individuals involved in online fraud, commonly known as “Yahoo boys. Mar 20, 2024 · J oin us as we look at the top 10 richest men in Nnewi, Anambra state, and how their entrepreneurial abilities have contributed greatly to the town and Nigeria as a nation. basilo101: Thank you, that's the mistake most people are making May 6, 2020 · Silent billionaires, billionaires in DOLLARS, not all these chicken change billionaires wey dey count their billions in naira. This is contained in the Africa Wealth Report 2022, released by Henley & Partners, in partnership with New World Wealth. The estimated GDP of Lagos was put at N27. 18. Nigeria’s commercial capital, Lagos, is Africa’s fourth wealthiest city, trailing behind Johannesburg, Egypt’s Cairo, and another South African city, Cape Town. [10] The Lagos Jet Ski Riders Club, an elite club for the wealthiest of Nigerians is located in Ikoyi. The top five are Johannesburg, Cairo, Cape Town, Lagos and Nairobi. Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). [1] Sep 18, 2022 · Lagos which is Nigeria’s largest city and commercial capital is placed fourth in the list of the five richest cities in Africa according to the number of millionaires who live there. Jul 27, 2017 · Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa. There are several eco-estates on the outskirts of the city that are attracting HNWIs, including the well-known Vipingo Ridge. In general, South Africa’s performance over the past decade has been poor, with total private wealth held in the country declining by 12% from USD 739 billion in 2011 to USD 651 billion in 2021. We expect several major Johannesburg-based companies to move their head offices to Cape Town over the next decade, which should help to drive wealth growth in the city,” he stated. Dec 10, 2024 · Here are the richest Kings in Nigeria. Jan 26, 2025 · The residents of Owerri town are exceedingly hardworking, and as a result, the city is among the wealthiest in Imo state. Dolan In Africa—as elsewhere in the world—the wealthiest have […] In this blog post, we explore the 20 richest LGAs in Nigeria, highlighting their sources of wealth, key industries, and the factors that contribute to their economic prosperity. The town hosts the Ninth Mile area, Ngwo hills, and some parts of Enugu city, especially the highly commerical areas. Oct 4, 2021 · During the Nigerian/Biafran war (1967–1970), Biafran engineers constructed a relief airstrip in the town of Uli/Amorka (code named "Annabelle"). Lagos State — GDP: ₦41. Considering a move to Nigeria? Explore the most developed cities in Nigeria in 2024, boasting robust economies, infrastructure, and opportunities. Lagos, Nigeria Being one of the busiest and largest ports in Africa, Lagos has a strong trade between imports and exports. Chief Omisore who is a former senator has contested for Osun state governorship position and has remained active in Osun state politics. Note: These figures are rounded to the nearest 100. 1 billion) is barely 5% of the richest man in the world’s net worth (Elon Musk, $225. The Igbos, who sometimes refer to themselves as the 'Jews of Africa', have entrepreneurship in their blood. Situated in the Niger Delta region, the state is the most renown in the area. Aug 17, 2023 · Top 10 most expensive places to live in Lagos Welcome to the vibrant heart of Nigeria’s economic powerhouse – Lagos, where towering skyscrapers, luxurious mansions, and lush landscapes converge to create the tapestry of its wealthiest neighborhoods. Apr 25, 2023 · South Africa’s commercial capital, Johannesburg, remains Africa’s wealthiest, according to the World’s Wealthiest Cities Report 2023. He is the younger brother of the king of the town in Dunukofia called Ukpo. Sep 20, 2022 · Nigeria’s economic hub, Lagos has been named the fourth wealthiest city on the African continent with a total private wealth of $97 billion. Mar 4, 2025 · List of top richest is always out to serve as motivation for youths and young entrepreneurs to be dedicated in quest for success and financial growth. ” Richest Towns in Anambra State . Port Harcourt Kindly give you candid answers with the reason why you chose the city you will Dec 1, 2024 · According to Henley and Partners’ Insights into Africa’s Wealthiest Cities, South African cities lead in hosting Africa’s wealthiest persons. What is the richest city in Africa? The richest city in Africa is Johannesburg, South Africa. CONCLUSION. What is the richest city in Nigeria? Port Harcourt is the richest city in Nigeria. Nov 14, 2021 · Most billionaires in the southeastern state hail from one of the richest towns in Anambra State. 22. Imo state is recognized as one of the richest Nigerian states and one of the most developed states in Nigeria because of the state’s large investments in real estate, tourist attractions, and hospitality services. Anthony Mario OzеlеRеv. It is one of the major centers for commerce and trade in Nigeria, with numerous ports and terminals operated by the Nigerian Ports Authority (NPA). Anambra is one of the wealthiest states in Nigeria. If it were a country, it will, nonetheless, thrive among the most successful African economies. 7 million inhabitants by 2035, [2] [3] It is the 2nd largest local government Aug 6, 2022 · Lagos is the largest city in Nigeria, a country in West Africa. Apr 26, 2022 · South Africa – home to Africa’s wealthiest cities . 1. Despite a minor decline from fourth place May 14, 2024 · The richest Local Government Area (LGA) in Nigeria by Gross Domestic Product (GDP) Includes Apapa, with an estimated GDP of $5 billion. GDP and per capita income. He made his music debut as a member of the group KB International. Most of the Akwa Ibom State biggest towns and communities are among the major cities in Awka Ibom State. 17 trillion Apr 22, 2024 · “Solid growth of over 80%+ is also projected in Lusaka and Mombasa. The town is developing fast due to its people and some government intervention. Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. Feb 2, 2024 · Lagos is one of the wealthiest cities in Nigeria and has the fourth-highest GDP in Africa. Its commercial capital, Lagos, is the wealthiest city in West Africa and the 4th wealthiest in Africa. 84 billion as of 2023 Sep 21, 2022 · Nigeria’s economic hub, Lagos has been named the fourth wealthiest city on the African continent with a total private wealth of $97 billion. The Egyptian and Keyan capitals Cairo and Nairobi also made the top five. Apr 14, 2020 · Abuja is one of the most expensive places to live in Nigeria, asides Lagos and Port Harcourt. In this urban symphony of opulence and innovation, the boundaries between modernity and tradition blur as age-old customs intertwine […] Feb 22, 2025 · This post is the most credible ranking of Anambra state richest men and people. The Top 10 Richest Nigerian Footballers And Their Net Worth 2024. Some states in Nigeria are more prosperous than others. The city’s affluent suburbs include Kabulonga and Leopards Hill. Finally, according to Statista, Nigeria’s gross domestic product is $66. According to the report, total wealth held in the city of Lagos amounts to $108 billion. List of Richest Men from Enugu State. 4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. It is a billionaires’ paradise populated by the country’s richest and most well-known families, who savor its quiet, peaceful atmosphere far from the clamor and crowds of Lagos, the country’s largest city and financial center. Dec 7, 2024 · Conclusion. This city is in southern part of Anambra State. That small town called Ikoyi is the freaking richest town in the whole of Africa. Oct 21, 2024 · Who are the top 10 richest persons in Nigeria? The top 10 wealthiest people in Nigeria are Aliko Dangote, Mike Adenuga, Alafaa Kariboye-Igbo, Arthur Eze, Abdulsamad Rabiu, Cletus Ibeto, Orji Uzor Kalu, Emeka Offor, Benedict Peters, and Andy Uba. The DSE (Dar es Salaam Stock Exchange) is the country’s largest stock exchange. Almost 80% of assets and investments in this state generate an annual income of over Mar 12, 2023 · 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. Additionally, Henley & Partners noted that several big companies based in Johannesburg are expected to relocate their head offices to Cape Town by then. Lagos, Nigeria’s commercial capital and largest city, is undoubtedly the richest city in the country. The same Ijesha land cover Obokun local government and it’s environs along oshogbo the state capital. Mar 14, 2025 · These towns differs in terms of size, development index and population. At the top of the list is Lagos, the largest city in Nigeria and the economic heartbeat of the country. Dec 19, 2023 · He is also ranked by Forbes magazine as the second richest King in Africa and the richest in Nigeria. 11 billion(₦3. 10 Richest cities in Nigeria (2025 Jun 5, 2024 · Embark on a journey through Nigeria’s thriving metropolises in our latest YouTube video, “Think Nigeria’s All Dust and No Dollars? Discover the Top 10 Wealth Exclusive data revealing the Top 20 wealthiest cities in Africa. Lagos State - ₦41. Pascal Dozie, the founder of Diamond Bank, Nigerian footballer Kelechi Ihenacho, and Angel Unigwe, a young Nigerian actress are just a handful of the many notable figures from Owerri. Mar 21, 2025 · Rank City Country Millionaires Billionaires Key Industry 1 Johannesburg South Africa 12,300 2 Finance 2 Cape Town South Africa 7,400 1 Tourism/Real Estate 3 Cairo Egypt 7,200 4-5 Diversified 4 Nairobi Kenya 4,400 0 Finance/Tech 5 Lagos Nigeria 4,200 3 Oil/Finance Feb 1, 2025 · Yes, Lagos is indeed the richest city in Nigeria. Watch the Video below: PLEASE HELP US GROW THE CHANNEL BY SUBSCRIBING. Onitsha town is the most populous towns in southeast geopolitical zone and one of the largest towns in Anambra State. Louis Odumegwu Ojukwu with Nnewi origin is considered as the first black billionaire in Nigeria and a founder of the Nigerian Stock Exchange. 65 billion. Arondiizuogu . A city filled with luxurious apartments, and real estate. Apr 16, 2024 · The Africa Wealth Report 2024 is a comprehensive review of the wealthiest countries and cities in Africa and provides expert insights and exclusive wealth data. With an IGR of N172. What is the richest town in South East Nigeria? 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. The city is home to 36 ultra-rich people, the second-highest in East Africa, and the sixth-highest of any city in Africa. 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. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. Oct 29, 2024 · While the richest man in Africa, Aliko Dangote, is Nigerian, the wealth distribution in Africa is usually concentrated in certain cities and not necessarily in Nigeria. Anambra has lowest poverty rate in Nigeria. 8 billion, slightly more than the $73. Oba, a very quiet village in Anambra was shaken to […] Aug 11, 2019 · 5 Richest Comedians in Nigeria; List of APC Governors & Their States; Top 10 Richest Artistes in Nigeria (2015/ 2016) 10 Richest Celebrities in Nigeria; Population Distribution in Nigeria; Salary of Nigerian Governors: See What They Earn; Nigerian Tax Laws: All You Need to Know; Nigerian Population Growth Rate: Details & Statistics 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 Amaeke Jan 12, 2024 · How does the richest man in Nigeria compare to the richest man in the world? Based on recent data, the richest man in Nigeria’s net worth (Aliko Dangote, $10. Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the head offices of most of Africa's largest banks and corporates. Mar 4, 2025 · He is from Ife town and is one of Osun state richest men.
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