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Top 10 Richest CEOs In Nigeria

Here are the top 10 richest men that are very influential and have contributed immensely to the development of Nigeria.

#1 Ferdinand Moolman

Ferdinand Moolman

Mr. Ferdinand Moolman is the chief executive officer of MTN Nigeria . After working in the consulting and telecommunications industries in Nigeria, Iran, England, and France, he has a wealth of knowledge in financial auditing, financial operations, and taxation.

Since he joined MTN in 1990, he has held many senior roles including General Manager, Financial Operations responsible for managing CAPEX; Chief Financial Officer of MTN Irancell, Chief Operating Officer of MTN Irancell and Chief Financial Officer MTN Nigeria. He has a total annual salary of about N586 Million


#2 Michael Adenuga

Michael Adenuga

Michael Adenuga is a 69 years old Nigerian Billionaire business man and the fourth most richest Man in Africa with a net worth of N2.2 Trillion.
His company- Globacom is the second largest telecom operator in Nigeria.

#3 Jubril Adewale Tinubu

Jubril Adewale Tinubu

Jubril Adewale Tinubu is a Nigerian businessman, lawyer and also a consultant. He’s the Chief Executive Officer of Oando PLC

Adewale Tinubu who is 55 years Old started his career with his family law firm where he specialized in corporate and petroleum law. He is a co-founder of an oil company named Ocean and Oil limited which is located in Nigeria. Tinubu currently has an Annual Salary of about N568 Million

#4 Ojunekwu Augustine Avuru

Ojunekwu Augustine Avuru

In May 2010, Augustine Avuru was chosen to lead Seplat Petroleum Development Company. He spent the first 12 years of his career working for the Nigerian National Petroleum Corporation (NNPC). The following year, he joined Allied Energy Resources, where he spent ten years as the technical manager and exploration manager.

Mr Avuru who is also known as Austin Avuru is the Managing director and Chief Executive officer of Seplat petroleum company- One of the leading crude oil exploration companies in Nigeria. Austin who at 64years of age has an annual Salary of about N440 Million

#5 Segun Agbaje

Segun Agbaje

Segun Agbaje is the Managing Director of Guarantee Trust Bank (GTBank) and also the Director of PepsiCo and Member of Mastercard advisory board.

Segun Agbaje began his career in San Francisco as an employee of Ernst & Young before leaving in 1991 to join the fledgling GTBank. In January 2000, he was promoted to Executive Director, and in August 2002, he was appointed Deputy Managing Director.
Segun makes an annual Salary of about N400 Million at the age of 58

#6 Carl Raymond Cruz

Carl Raymond Cruz

Carl Cruz is the CEO and Managing Director of Unilever’s business in Africa’s largest economy, Unilever Nigeria.

He graduated from the Philippines’ De La Salle University with a Bachelor of Science in Marketing. Carl most recently led the company to a competitive and sustainable growth trajectory in his capacity as Chairman of Unilever Sri Lanka. Carl Cruz has an annual Salary of about N330 Million

#7 Khaled El Dokani

Khaled El Dokani

Khaled El Dokani is the Country CEO of Lafarge Africa Plc. He served as Iraq’s Country CEO prior to his appointment, which he assumed in March 2018. He demonstrated leadership while in Iraq, which helped the country become more productive and effective. He earned a bachelor’s degree in commerce and accounting from the University of Alexandria in Egypt in 1989, and in Delaware, USA, he was given the title of “Certified Public Accountant” 1998.
He has an annual salary of about N288 million

#8 Jordi borrut bel

Jordi Borrut Bel

Jordi borrut bel was the former CEO of Nigerian Breweries. Mr Bel was recently appointed into a bigger role within Heineken Group, You probably already know that Nigerian Breweries Plc’s parent firm is Heineken, situated in Amsterdam. Consequently, it may be claimed that Bel is essentially still a member of the group; he is only working on a new project. He has an annual salary of about N271 Million

#9 Mr Wassim Elhusseini

Mr Wassim Elhusseini

Mr Wassim Elhusseini is currently the Country’s manager and sales director of Nèstle Middle East & North Africa(MENA)

Mr. Elhusseini, who was appointed Nestlé Middle East’s sales director in 2016, made a positive impact on the company from a leadership and functional standpoint. Before his position was expanded to Country Manager and Sales Director in 2020, he also played a crucial role in the development of the new Middle East and North Africa region, which consists of 16 nations. He has an annual salary of about N218 Million

#10 Engr. Dr. Lars Richter

Engr. Dr. Lars Richter

Engr. Dr. Lars Richter is a German national. He graduated from the Technical University of Berlin and the Technical University of Darmstadt, Germany. He works with Julius Berger Nigeria Plc in November 2009. He has worked on a broad range of notable projects both nationally and internationally. He is the Managing Director of the Company. Dr. Richter has an annual salary of about N217 Million.

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