Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Dangote tops Africa's richest list

21 November 2012, 16:10

Lagos - Business mogul, Aliko Dangote of Nigeria has been rated the richest man in Africa for the second year running, with a net worth of $12 billion, up from $10.1 billion in November 2011 according to a list released by Forbes.

The list has 12 Nigerian business moguls including Mike Adenuga, who ranks in the 5th position with a net worth of $4.6 billion from his telecoms and oil companies, Former Zenith Bank boss, Jim Ovia, ranks 19th with a net worth of $825 million, Abdulsamad Rabiu, who heads BUA Group and is ranked 21st with a net worth of $675 million, and Folorunsho Alakija, the only Nigerian woman is ranked 24th with a net worth of $ 600 million from the oil sector.

73 year old former defense minister Theophilus Danjuma comes in next with a net worth of $600 million from the oil sector at the 24th position, followed by 68 year old former banker , Oba Otudeko with a net worth of $575 million.

At 27th position is Mohammed Indimi with a net worth of $550 million from the oil and gas sector. At 82 years old, O.B. Lulu-Briggs also makes the list on the 31st spot with a net worth of $500 Million from the oil sector.

On the 37th position is Sani Bello, former Nigerian military governor from Kano state with a net worth of $425 Million.

57 year old, Harvard-trained petroleum economist, Hakeem Belo-Osagie completes the list with an estimated $400 Million net worth from the oil sector.

-News24 Nigeria

NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Nigerian Stars Youths
Inmate of kuje prison thanking Go...

The inmate of Kuje prison, under the association of prisoners for change peace and good governance, took their time over the weeks celebrating the victory of Muhammadu Buhari over Goodluck Jonathan in the concluded presidential election. Read more...

Newly elected president

We are directed by Allah the supreme being to move round the world to widen the scope of our knowledge. Read more...

Submitted by
Kehinde Pius
I love PDP with my life

I want to wish President GoodLuck Jonathan a more successful years ahead, even if God come down Himself to be president of this country, Nigerians will never appreciate Him.  Read more...

Submitted by
Isaac Asabor263
Africa: A house divided against i...

For instance, precisely on April 14, 2015, the global media was agog with the news of xenophobia attacks by some few misguided South Africans against African immigrants. Read more...

Submitted by
Ndedigwe Obianuju
The African woman

Everyone condemns racism openly but when it comes to gender, it becomes the role of just one party that brands itself superior, to decide who controls who and no one dares refute.  Read more...

Submitted by
Godfrey Onagwa
Agricultural extension gets a boo...

The 20th Annual Conference of the Agricultural Extension Society of Nigeria (AESON) held from the 11th to 14th May, 2015 at the Ahmadu Bello University, Samaru Zaria Read more...