Is nnewi the richest town in nigeria. K Olukoya; Headquarters – Yaba, Lagos State; In 1989, Dr.

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