Richest town in nigeria. Read more — Africa Wealth Report.

Richest town in nigeria Lagos State - ₦41. Feb 5, 2024 · Securing second place among the richest States in Nigeria is Rivers State, located within Nigeria’s southern Niger Delta region. Overview: Lagos remains the most expensive city in Nigeria. They also host a popular market known as Nkwo market. There are several eco-estates on the outskirts of the city that are attracting HNWIs, including the well-known Vipingo Ridge. Who are the richest men in Enugu state, Nigeria. Sep 27, 2024 · Obio-Akpor, in Rivers State, is one of the wealthiest LGA in Nigeria with a GDP of about $10 billion. 1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. 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. The total population of Oyo is around six million people. 7 billion. Anambra state has one of the lowest poverty rates among 36 states of Nigeria and FCT. It was rumored that he had invested millions of Naira in a church. Ifeanyi Uba hails from the Anambra state town of Nnewi. … Lagos, Nigeria’s financial capital, is home to more than 4,200 millionaires. So, stay glued as we take you on an expensive ride. Both Durban and Umhlanga are two of the quickest developing towns in the country throughout the most recent ten years. 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. Sep 6, 2016 · Nicon Town, Lagos With houses priced at $1. The Egyptian and Keyan capitals Cairo and Nairobi also made the top five. Apr 26, 2022 · South Africa – home to Africa’s wealthiest cities . Ijesha land share border with Akure at a place called owena. 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. 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. The city is home to 36 ultra-rich people, the second-highest in East Africa, and the sixth-highest of any city in Africa. By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Anambra is one of the wealthiest states in Nigeria. Some states in Nigeria are more prosperous than others. Ijesha land start from a place called enuwa in Ile ife region. 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. Apr 16, 2024 · Here are the 10 wealthiest cities in Africa with the most millionaires (USD) in 2024. 7 Ikeja GRA, Lagos Located in the suburbs of Lagos, this upper-class neighborhood has some lovely homes that require some serious cash. Nov 14, 2021 · Most billionaires in the southeastern state hail from one of the richest towns in Anambra State. No place for this African continent get rich people like Ikoyi. 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. Other Richest Persons In Anambra State. Lagos is one of the most prominent cities in Nigeria, boasting a large GDP of more than $100 billion. 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. Lagos. Louis Odumegwu Ojukwu with Nnewi origin is considered as the first black billionaire in Nigeria and a founder of the Nigerian Stock Exchange. 8 billion, slightly more than the $73. 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. This local government area is mainly known for its oil and gas industry, which plays a huge role in Nigeria’s economy. Most of the economically active population works in the agricultural sector. 8 billion as of early 2023. Obi Cubana is one of the youngest billionaires in Anambra state, Nigeria. 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. 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. 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. 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. S. While it’s not the wealthiest in all of Africa, it holds the top spot within Nigeria by a significant margin. This city is in northernmost part of the Igboland. The royal honor came after he helped the British during World War II with his fleet of trucks. By this I mean the town with the highest number of the wealthy both home and abroad. 6. 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. The Igbos, who sometimes refer to themselves as the 'Jews of Africa', have entrepreneurship in their blood. 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. Before that, here is a brief description of Anambra state. 9 billion, up from $12. Feb 2, 2024 · Lagos is one of the wealthiest cities in Nigeria and has the fourth-highest GDP in Africa. Lagos State — GDP: ₦41. Mar 1, 2024 · Richest states in Nigeria with their sources of revenue. 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. Jun 17, 2024 · 21. Folorunsho Alakija is one of the wealthiest women in Nigeria and Africa, with an estimated net worth of over $1 billion. List of Richest Men from Enugu State. 26% annually, it is projected to reach 1. 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. Dec 19, 2023 · He is also ranked by Forbes magazine as the second richest King in Africa and the richest in Nigeria. Nov 29, 2024 · The next person on this list of the top richest people Nigeria is Mike Adenuga. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. This is contained in the Africa Wealth Report 2022, released by Henley & Partners, in partnership with New World Wealth. This post will give an update on towns in Anambra with highest number of rich people. 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. The town is developing fast due to its people and some government intervention. It is also home to the Nigerian Stock Exchange [NSE]. 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. Net worth: $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. Cletus Ibeto is considered the richest man in Nnewi, Anambra state. Nigeria’s commercial capital, Lagos, is Africa’s fourth wealthiest city, trailing behind Johannesburg, Egypt’s Cairo, and another South African city, Cape Town. John Mikel Obi (Net worth: $45 Million) Odion Ighalo (Net worth: $38. Apapa is located in Lagos State, to the west of Lagos Island. 5 million, this area, located in Lagos, is opulent enough to be featured on Lifestyles of the Rich and Famous. Anthony Mario OzеlеRеv. Apr 14, 2022 · The wealthiest city in Africa. ng listed the 15 richest towns in Anambra state. Apr 17, 2024 · Cape Town, Lagos, and Accra among 50 best cities in 2024. Feb 11, 2022 · For the 11th year in a row, Alike Dangote of Nigeria is the continent’s richest person, worth an estimated $13. Mar 14, 2025 · These towns differs in terms of size, development index and population. Davido was born in Atlanta, United States, and raised in Lagos, Nigeria. 18. Who is the richest woman in Nigeria? Folorunsho Alakija is the richest woman in Nigeria. GDP and per capita income. 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. Nsukka. The rich people of Lagos prefer Victoria Islands to be their residence. ” Richest Towns in Anambra State . Nov 9, 2023 · Africa, the cradle of humanity, abounds with resources and youth, yet grapples with economic challenges. 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. GDP per capita: $2,430. 6 Billion. 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. Lagos – The Economic Hub. Finally, according to Statista, Nigeria’s gross domestic product is $66. ContentsTop 10 Richest Reverend Father In NigeriaFr. 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"). Aug 12, 2020 · Lagos is one of Africa’s wealthiest cities with an expanding demographics of Nigeria’s wealthy elites. 10. 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. He surpassed King Olubuse II, the Ooni of Ife, with $225 million and the Swaziland King Mswati III by over $200 million. The real billionaires in Nigeria, na Ikoyi dem dey. In this write-up, we’ll peek at the towns and 23 local government areas in Rivers State. It’s the most populated city on the continent, with over 23 million people living within its metropolitan. This city is in southern part of Anambra State. Its GDP is $9. Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Identifying the most developed cities depends on various factors like infrastructure, economic opportunities, and standard of living. 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. 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. 125trillion [$145. Arondiizuogu is a popular and rich town. Jun 28, 2024 · The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. He is the chairman and Chief Executive Officer of Chrisore Engineering Plc. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. 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). Folorunsho Alakija. Chief Omisore who is a former senator has contested for Osun state governorship position and has remained active in Osun state politics. 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. Sep 22, 2021 · Oyo is located in the South-Western region of Nigeria. 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. [1] It is located to the north-east of Lagos, along the Lagos Lagoon and shares boundary with Ogun State. 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. May 2, 2023 · The population in the urban area is 14 million people, and the city is considered one of Nigeria’s biggest cities. What is the richest city in Nigeria? Port Harcourt is the richest city in Nigeria. This was contained in the Africa Wealth Report 2022, released by Henley & Partners, in partnership with New World Wealth. 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. Port Harcourt city, the state capital is one of the most remote urban areas in the country. The largest city in Nigeria is Lagos, which is one of the largest metropolitan areas in the world, but its capital is Abuja. Major sectors there include: real estate and fund management. It is a mini-Onitsha as it is made up more of industries and businesses. 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). ” These individuals are often popularly referred to as “Big Boys. The town is known for its rich cultural heritage and has site of national museum. 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. 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. In addition to owning the Nigerian daily The Authority and the football team Ifeanyi Ubah formed Capital Oil and Gas Industries. Overall, it ranks as the richest country in Africa with a GDP of $404. 5million) Obafemi Martins (Net worth: $35 Million) Ikorodu is a city in Lagos State, Nigeria. Abuja b. Watch the Video below: PLEASE HELP US GROW THE CHANNEL BY SUBSCRIBING. 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. C. Also, the state has a high number of universities. 1. 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). Lagos Island is the commercial nerve center of Nigeria, hosting numerous multinational companies, banks, and corporate headquarters. Jul 27, 2017 · Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa. 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. Apr 14, 2020 · Abuja is one of the most expensive places to live in Nigeria, asides Lagos and Port Harcourt. Kano d. Biggest Towns & Cities in Akwa Ibom. It is against this backdrop that this article will focus on the richest people from Enugu state, Nigeria. 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. Experts examine poverty levels, natural resources, employment rates, and other metrics to determine the richest towns in this state. 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. Mar 11, 2025 · Ranking of Anambra Top Richest Towns & Villages. According to Forbes, his net worth in the register of Africa’s billionaires is $5. 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. 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. 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. At a point Babylon was referenced as the richest city in the world. In this article, we are going to list 5 most expensive locations to reside in Abuja in 2020. 17 trillion (approx. 1 billion) is barely 5% of the richest man in the world’s net worth (Elon Musk, $225. 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. 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. Source: UN (World Urbanization Prospects 2018) Date: 01 Apr 2024: Top Statistics IPL 2024. This is a sharp drop of about 900 from the 6,300 millionaires there were in the Nigeria’s commercial nerve-centre in 2022. It is a major hub for petroleum production. His lounges attracts various celebrities. Johannesburg was the wealthiest city in Africa as of 2021. Feb 28, 2025 · The ancient Igbo Ukwu town is one of the largest towns in Anambra State. 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. Ngwo . It is formed primarily during the 1980s, supplanting the nation’s most crowded city of Lagos as the capital on 12 December 1991. Lagos c. Onitsha. According to the report, total wealth held in the city of Lagos amounts to $108 billion. Femi Otedola. 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. 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. May 10, 2023 · It will be surprising to see this town rank among the richest in Anambra because of its small area and unpopularity. Jan 15, 2025 · He has hotels, clubs for lounge at different Nigerian cities, from Abuja, Lagos, Enugu, Port Harcourt, Owerri etc. These states have large economies with developed infrastructure. 5 billion). The Richest Towns in Enugu State . Dec 10, 2024 · Here are the richest Kings in Nigeria. Dec 3, 2024 · 1. 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. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city by 2030. 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. 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. With a population of over 1 million inhabitants, Ikorodu is currently the 12th largest city in Nigeria and growing at a rate of 5. 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. 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. Feb 20, 2025 · One of the most beautiful cities in Nigeria. 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. Anambra has lowest poverty rate in Nigeria. Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. 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. The same Ijesha land share border with Ondo at a place called etionin along ifetedo. Feb 28, 2025 · 📢 JOIN OUR TELEGRAM CHANNEL This article provides an overview of the top 10 richest Reverend Fathers in Nigeria. 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. Anambra State is the economic hub of the South Eastern States. 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. List of continents by gdp per capita. Estimated net worth: $5. Johannesburg stands as the economic powerhouse of the country and the entire African continent. Jul 9, 2012 · From personal interaction, I believe the richest town in Igboland is Nnewi. It is also known as the “City of Gold” and is home to the largest number of dollar millionaires on the continent. The top five are Johannesburg, Cairo, Cape Town, Lagos and Nairobi. Dec 5, 2024 · With a population of over a million people, it is one of the most well-known cities in Nigeria. 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. The estimated GDP of Lagos was put at N27. The Ebenebe town is teeming with farmers making waves in the country’s food industry. But which part of Nigeria is the richest? Below is a list of the 10 richest states according to Buzz Nigeria: 1. A city filled with luxurious apartments, and real estate. If it were a country, it will, nonetheless, thrive among the most successful African economies. GOD BLESS. Lagos, home to large enterprises and the Nigerian Stock Exchange, is Africa’s economic powerhouse. 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. Top 10 Richest Men In Nnewi 1. [10] The Lagos Jet Ski Riders Club, an elite club for the wealthiest of Nigerians is located in Ikoyi. Research suggests that it is the richest in oil production in Nigeria and also the most peaceful area in Nigeria. South Africa's biggest city held 239 billion U. 3 million by the year 2100 makes it stand out as one of the richest cities in Africa. 9 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. The Top 10 Richest Nigerian Footballers And Their Net Worth 2024. 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. 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. IntroductionNigeria, Africa's most populous nation, is experiencing rapid development across its major cities. Mar 11, 2025 · Ilesha is just a town under Ijesha land in Osun state. Callback Contact +1 514 288 1997. 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. 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. 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. 8 billion, its prosperity is primarily attributed to its rich oil and gas reserves, making it a cornerstone of Nigeria’s energy industry. It was a party attended by the big boys of the Nigerian entertainment industry, politicians, to mention a few. 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. The DSE (Dar es Salaam Stock Exchange) is the country’s largest stock exchange. Other billionaire landlords and entrepreneurs find this city livable. [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. Akokwa is considered a rich town because it has produced lots of wealthy people, who in turn take care of their town. Read more — Africa Wealth Report. While meditating on what I read, I asked myself the question, which is the richest city in Nigeria? a. 65 billion. It is also the state with highest number of richest men in Nigeria. CONCLUSION. The list includes highly respected and influential clergymen who have made significant contributions to their congregations and communities. The city’s elite live a life of luxury and influence, with private districts that house some of Nigeria’s wealthiest individuals. Nnewi . Note: These figures are rounded to the nearest 100. Umhlanga, South Africa Umhlanga is the shopping mall paradise in Africa. Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). The richest people in Nigeria have amassed wealth and riches from diverse income streams. 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. The other rich but smaller town is Abiriba then Nkwerre. This bustling metropolis, often referred to as the economic nerve center of the country, boasts a robust economy that dwarfs many other African nations. That small town called Ikoyi is the freaking richest town in the whole of Africa. 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. 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. 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. 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. You should add them to your list of places you should tour. dollars in private wealth, while Cape Town followed with 131 billion U. Johannesburg, South Africa — 12,300 millionaires. It is a city powered by indigenous industrialization. Most of the Akwa Ibom State biggest towns and communities are among the major cities in Awka Ibom State. 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). Land/house owners increase prices every now and then to meet up with the ever-rising demands for properties. Considering a move to Nigeria? Explore the most developed cities in Nigeria in 2024, boasting robust economies, infrastructure, and opportunities. Dec 7, 2024 · Conclusion. Google Nigeria is headquartered in Ikoyi. The richest city in the world is not in Europe or the United States, but in the Middle East. As a result, Ebenebe became one of the wealthiest towns in the state. Feb 5, 2024 · In areas located on the outskirts that should normally be considered “out of town”, houses still cost a fortune. 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. 68 trillion). Aside from these top ten, there are other richest individuals in Anambra state. 4 billion aggregate worth of the 20 billionaires on last year’s list of Africa’s richest people. 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. The town hosts the Ninth Mile area, Ngwo hills, and some parts of Enugu city, especially the highly commerical areas. Mar 4, 2025 · He is from Ife town and is one of Osun state richest men. 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. A King is a big deal for any society. Lagos, Nigeria’s commercial capital and largest city, is undoubtedly the richest city in the country. In this article, we will be discussing the largest cities and towns in Akwa Ibom state. The city’s affluent suburbs include Kabulonga and Leopards Hill. Mr. 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. 17 trillion Apr 22, 2024 · “Solid growth of over 80%+ is also projected in Lusaka and Mombasa. Louis Odumegwu Ojukwu. We will be focusing on the top richest towns in Anambra state and what qualifies them to be. Onitsha town is the most populous towns in southeast geopolitical zone and one of the largest towns in Anambra State. 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. 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. 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 25, 2023 · South Africa’s commercial capital, Johannesburg, remains Africa’s wealthiest, according to the World’s Wealthiest Cities Report 2023. 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. Among these, a critical number are from Nnewi, a town inside Anambra State. Is Lagos Nigeria wealthy? Lagos, Nigeria, is considered a wealthy city with the fourth-highest GDP in Africa. The same Ijesha land cover Obokun local government and it’s environs along oshogbo the state capital. 5B. The city is close to marvelous beaches and a tourist attraction. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. 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. Jan 5, 2025 · Rivers is one of the richest states in Nigeria and an oil producing state. Ifeanyi Ubah is one of the richest Igbo men in Nigeria, with an estimated net worth of US$350 . He made his music debut as a member of the group KB International. Additionally, Henley & Partners noted that several big companies based in Johannesburg are expected to relocate their head offices to Cape Town by then. Fr. 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. Nigeria Lagos, Nigeria. Its commercial capital, Lagos, is the wealthiest city in West Africa and the 4th wealthiest in Africa. It is one of the 20 richest states in Nigeria. Consisting of 9 villages, Ekwulobia has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. This article will introduce you to them. 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. 7. Extremely dangerous relief flights took off from Sao Tome and other sites loaded with tons of food and medicine for the distressed Biafran population. The southwestern state was founded on February 3, 1976. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. Sep 14, 2023 · Date of Birth: August 4th, 1960; Sources of Wealth: Cement, Sugar, Banking and Finance, Steel; Estimated Net Worth (Forbes): $5. Cletus Ibeto. 141billion. 11 billion(₦3. 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. 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. It accounts for over 80% of the country’s foreign trade flows and generates over 50% of Nigeria’s port revenues. , or Berlin, and is also home to several top-end lifestyle estates, including: Steenberg, Atlantic Beach and Silverhurst Estate. 3 million as of 2022 within the city proper. Emmаnuеl EdeRеv. 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. Lagos, Nigeria Being one of the busiest and largest ports in Africa, Lagos has a strong trade between imports and exports. Mar 3, 2025 · Ranking factors. Situated in the Niger Delta region, the state is the most renown in the area. 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. The people from this town are scattered all over the world doing their exploits. dollars. "Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city by 2030," the report says. Kings are expected to live good and kingly life. I will like to have a picture of those quality mansions scattered across these towns. With an IGR of N172. There are also a lot of wealthy people from this town or resident in it. It is a major economic and commercial hub, with a bustling seaport and a diverse population. Known for its high concentration of manufacturing companies, Ogun state makes our list as one of the richest states in the country. Clearly, there’s a lot of wealth floating around, and while the divide between the Oct 14, 2022 · Legit. African cities with the Jan 23, 2022 · Guys, I was reading a book; The Richest Man in Babylon. $102 billion) Lagos State, the commercial nerve centre of Nigeria, takes the crown as the wealthiest state by GDP. What is the richest city in Africa? The richest city in Africa is Johannesburg, South Africa. 22. At the top of the list is Lagos, the largest city in Nigeria and the economic heartbeat of the country. 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 . Arondiizuogu . With a population of more than 225 million, Nigeria is the most populous country in Africa and the sixth-most populous in the world. 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. He is the younger brother of the king of the town in Dunukofia called Ukpo. Lagos Island LGA, Lagos State. 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. Jan 26, 2025 · The residents of Owerri town are exceedingly hardworking, and as a result, the city is among the wealthiest in Imo state. South Africa, the continent’s largest economy by GDP, maintains the top position, with about six cities having the highest number of dollar millionaires. 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. Ogun state. Mombasa is Kenya’s main coastal city. Jan 9, 2023 · 4. It is a rugged city, and the best place to buy automobiles and automobiles’ spareparts. ljmvd iyikkk jjkv vjwvqrr wwycy xxqhh nlcredc ottcr bpmv yilmr wbtqa zgsacjql dkab bzynl cdpm