Is nnewi the richest town in nigeria Aug 11, 2017 · 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 town is also known for its factories that manufacture household goods and is home to the biggest road transport companies in the country. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. Estimated net worth: $5. The people of this Igbo town are naturally entrepreneurial. Most of the economically active population works in the agricultural sector. Within this vast nation, several cities have emerged as centres of economic prowess, generating substantial wealth and contributing to the overall development of the country. He is worth $11. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. Emeka Offor is one of the richest people in Anambra state and one of the richest men in Nigeria. Mar 15, 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. 6 days ago · 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. 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. Top 10 Richest Men In Nnewi 1. Nnewi is a small town with remarkable wealth; it has the highest concentration of Billionaires in West Africa. Onitsha and Nnewi are the biggest commercial and industrial cities, respectively. Cletus Ibeto (Otherwise known as Ibeto Concrete): Cletus Ibeto is […] Jan 15, 2025 · Unsurprisingly, he is also from Anambra state and was born in Nnewi, the richest town in Nigeria with billionaire business men. Nnewi is a commercial and industrial city in Anambra State, southeastern Nigeria. Top 10 Richest States in Nigeria 2022. Apr 29, 2020 · 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. Femi Otedola. He is a very successful entrepreneur and businessman based in Lagos, Nigeria. Nduka Obaigbena. Ihiala Local Government Area It is located in the town of Ihiala Town and has about 10 towns including; Ihiala; Azia; Okija; Mbosi; Amorka; Isseke; Orsumoghu; Ubuluisiuzor; Uli; Lilu. 5 million residents. Aug 13, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Mr. [5] It is the second largest city in Anambra state after Onitsha. Cletus Ibeto Cletus Ibeto is the chairman of the Ibeto Group. Being a native of Nnewi in Anambra State, it is not totally a surprise that she is excelling greatly in business. 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 going on as regards the richest Town in Igboland. 8 billion, but his town Ukpo doesn't boast much wealthy men like Nnewi and other towns in Anambra, like Oraifite, Awka Etiti, Osumeyi, Ihiala, Enugu-Ukwu, Agulu and many other towns in Anambra, The richest man in Nnewi Jul 25, 2023 · Nnewi North stands as a thriving Local Government Area in Anambra State, Nigeria, where the town of Nnewi and its four villages unite to form a strong and culturally rich community. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Feb 26, 2021 · Stella Okoli was born in Kano, one of Nigeria’s most populated cities, in 1944. Sep 21, 2023 · 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. Sir Joseph Ezeokafor, MD Jezco group is the most prominent son of the town. 12. It is located about 15 miles south of Onitsha and has a population of about 958,000. In April 10th 1986, he was born in the big city of Port Harcourt, Rivers State in the South Southern part of Nigeria, however, he is originally from Arochukwu in Abia State, Nigeria. His net worth is US$250 million. Find local businesses, view maps and get driving directions in Google Maps. Sep 20, 2022 · Notably, the two wealthiest cities on the continent are in South Africa just as four South African cities make the top ten (Johannesburg, Cape Town, Durban, and Pretoria). The zone was carved out from Eastern Nigeria in 1967 during the Gowon administration between 1967 and 1975. 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 Lagos. 8B as of 3/1/2016. Native religion is Omenana. It is believed that she is one of the biggest snuff producers in Nigeria. Ngwo . Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu… Dec 20, 2024 · Nnewi the second largest city in Anambra state is known to be the heart of motor spare parts commerce in Nigeria and west Africa and a lot of revenue is being generated from this city due to that. In comparison to other cities, Port Harcourt, the richest city in Nigeria is highly liveable. Forbes 2020 list does not have his name, but their 2016 report posted his net worth at $1. Feb 17, 2023 · There is the popular city of Nnewi that has produced lots of wealthy entrepreneurs, while within 30 minutes is the commercial city of Onitsha. It is located in the South-eastern region of the country. Having started off as a model, in the Mr. Is Nnewi the richest town in Nigeria? The recent news of Nnewi, the capital of Anambra State in Nigeria has been making headlines. Apr 21, 2023 · Mr. [5] The state was created on 27 August 1991. 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. Igboland is a very crowded area in Nigeria occupied by mainly by the Igbo speaking tribe. Currently, he is 35 years old. In southeastern Nigeria, Anambra’s cities of Onitsha and Nnewi are pivotal to its economic prowess, particularly in automotive manufacturing. The total population of Oyo is around six million people. 9 billion. As a group, the continent’s 18 billionaires are worth an estimated $84. Cletus Ibeto. [6] Anambra state is bounded by Delta State to the west, Imo State and Rivers State to the south, Enugu State to the east and Kogi State to the north. Anambra State is the economic hub of the South Eastern States. The city is the largest in Nigeria’s Kano State and is also its state capital. Human resources in Nnewi are centered around technical skills, craftsmanship, and business acumen. Jun 1, 2023 · He is currently the third richest person in Nigeria and the 8th richest person on the African Continent. BY KERRY A. 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. Nigeria, Africa’s largest economy, is a nation of diverse landscapes, rich cultures, and vibrant cities. 9 billion – a 15% increase from 12 months ago and the largest tally […] He is among the Igbo wealthiest transporter in Nigeria. […] Jun 9, 2020 · It is not a secret that Nnewi is one of the most successful towns in Nigeria. Nnewi, also known as the “Japan of Africa,” is well-known as a hub for automobile spare part dealers, and, more recently, […] See full list on legit. The top 10 richest states in Nigeria for 2022 are Lagos, Rivers, Delta, Ogun, Oyo, Abuja, Kaduna Feb 24, 2025 · The market is located at Nnewi Town in Anambra State Nigeria. 2 billion. Port Harcourt has the absolute best (80%) portion of high total assets (above NGN 750, 000 yearly pay), considering ‘income per individual’ across Nigerian cities. Cletus Ibeto is considered the richest man in Nnewi, Anambra state. Historically, the origin of the cultural festival can be traced Ọgụ Agbaja (War of Agbaja) which was an intercommunal war between the people of Ukpor in the present-day Nnewi South Local Government and the people of Nnewi in the present-day Nnewi North Local Feb 1, 2025 · Each of these towns and villages has no fewer than 15,000 residents and is large enough to qualify for this post. Innocent Chukwuma is the head and Chief Executive Officer of The Innoson Group. Nnewi is also one of the largest towns in Anambra State. The revered Nnewi monarch is one of the most respected kings in southeast Nigeria. 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 Ogidi is an Igbo-speaking town and the headquarters of Idemili North Local Government area, Anambra State, Nigeria. Port Harcourt. 6 GRA Phase 2, Portharcourt Feb 28, 2024 · Cletus Ibeto, born on December 6th, 1952, in Nnewi, Anambra State, ranks second among the wealthiest Igbo men in Nigeria. It is one of the 20 richest states in Nigeria. 6. This video shows five of the best mansions in Nnewi, Africa's richest town. Nnewi is a town located in Anambra State, southeastern Nigeria. After colonialism, many converted to Christianity, but many respect Omenana. He is the owner of the popular Coscharis Group, the leading car company in the country and official Ford marketer and distributor. It’s the site of the Nnewi West Local Government Area, one of the largest local government areas in the country. This page consists of three different tables, with different kinds of settlements; a list for "defined cities", listing the population, strictly within the defined city limits, a list for "urban area" population, and another list for the population within metropolitan areas. 10. [7] Jan 4, 2023 · Richest Cities In Nigeria 1. 5 million, this area, located in Lagos, is opulent enough to be featured on Lifestyles of the Rich and Famous. 11 billion(₦3. Lagos is the most populated city in Africa and a major contributor to the Nigerian economy, with international seaports and airports. 3. … Apr 3, 2025 · 4. Njikoka Local Government Area Oct 21, 2024 · Who is the richest man in Nigeria? Aliko Dangote is the richest man in Nigeria, with a net worth of $11. Igwe Orizu ( Igwe Nnewi – $2 Million) One of the richest Kings and monarchs in Anambra state is Igwe Orizu of Nnewi town. com. The city spans over 200 square miles with one Apr 3, 2025 · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. Ozubulu is a larger town in Anambra State, Nigeria. Nnewi is a town located in Anambra state; southeastern Nigeria. It is located around the Lower Niger River, being on the West and East side of the river. Nnewi: A Small Town of many Igbo Billionaires. Hence, this article talks about some of the top 20 richest Igbo men in Nigeria. 68 trillion). The town has an official Post Office. This is a clear indication of the dedication, doggedness and business minds of Nnewi men and people […] Sep 5, 2024 · It has one of the lowest poverty rates in Nigeria and a GDP of about 6 trillion Naira, fueled by petroleum and solid minerals like limestone and kaolin. pjgfazd chfmn xjzt inuzjrl bae exzqem rrxcy gzux hhqglg ozmdol unjpveb dse behga ffuck jrxwizc