The Five Richest Nigerian Stockholders - Forbes Writer

Oba Otudeko

Based on figures derived from investment agencies, the latest annual reports and confirmations from capital market registrars, these are the five richest people who own stocks listed on the Nigerian Stock Exchange. The value of the shares is based on prices at the end of trading on August 9, 2011. Note: these figures exclude private assets.


1. Aliko Dangote
Net Worth On The NSE:  $12.1 billion
Source: Dangote Group


2. Jim Ovia 

Net Worth on the NSE: $220.5 million
Source: Zenith Bank

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3. Sayyu Dantata 
Net Worth on the NSE: $67 million
Source: MRS Oil

4. Oba Otudeko 
Net Worth on the NSE: $63.3 million
Source: Honeywell Flour Mills, First Bank


5. Eddy Martins Egwuenu
Net Worth on the NSE: $54.2 million
Source: Zenith Bank