Is nnewi the richest town in nigeria 9 billion. Jun 28, 2024 · The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. Nov 23, 2023 · Nnewi, a town in Anambra State in Nigeria’s southeastern region, has produced more naira billionaires than any other town in the country, and maybe Africa. 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. Take a look at them. The city spans over 200 square miles with one The Richest Towns in Enugu State . 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. His estimated net worth is put at $800 million. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. Nnewi is a town located in Anambra state; south eastern Nigeria. Richest Towns in Anambra State . 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. May 6, 2020 · 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. The town hosts the Ninth Mile area, Ngwo hills, and some parts of Enugu city, especially the highly commerical areas. Among its many urban centers, several cities stand out for their significant wealth, economic activities, and modern infrastructure. 1. 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. Dec 25, 2023 · Richest Men in Nigeria in 2025. Anambra has lowest poverty rate in Nigeria. Top 10 Richest Men In Nnewi 1. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. 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 2 days ago · Mr. Estimated net worth: $5. Feb 22, 2025 · This post is the most credible ranking of Anambra state richest men and people. Asara is the greatest cultural festival celebrated by Ukpor community at a periodic intervals of ten, fifteen or even twenty years. Source: (Forbes, The Small Town Of The Super Rich) You are referring to individual wealth. Anambra State is the economic hub of the South Eastern States. It is also the state with highest number of richest men in Nigeria. 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 growth index of 5. Igwe Orizu ( Igwe Nnewi – $2 Million) One of the richest Kings and monarchs in Anambra state is Igwe Orizu of Nnewi town. He is the younger brother of the king of the town in Dunukofia called Ukpo. Jan 2, 2019 · A first timer to Nnewi will indeed be intimidated by the massive residential mansions that line the wee little village. Nnewi as a town doesn't look like the picture you are trying to paint. 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. Currently it encompasses Nnewi North and Nnewi South local government areas. 18%. Onitsha and Nnewi are the biggest commercial and industrial cities, respectively. Nnewi is a town located in Anambra State, southeastern Nigeria. I will like to have a picture of those quality mansions scattered across these towns. The revered Nnewi monarch is one of the most respected kings in southeast Nigeria. He is a very successful entrepreneur and businessman based in Lagos, Nigeria. Innocent Chukwuma is the head and Chief Executive Officer of The Innoson Group. Dec 19, 2023 · 5 Richest Igbo Men in Nigeria (2025) 10 Richest DJs in Nigeria in 2025 & Their Net Worth; 10 Richest Kids in Nigeria & Net Worth (2025) Top 10 Richest Musicians in Nigeria 2025 & Net Worth; 10 Richest Gospel Musicians in Nigeria in 2025; Top 10 Richest Politicians in Nigeria in 2025; 10 Richest Kings in Nigeria & Their Net Worths (2025) 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 1, 2025 · The State got its name from the River Anambra, one of the longest rivers in Nigeria and it is also an oil producing state. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. Mar 11, 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. 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. By this I mean the town with the highest number of the wealthy both home and abroad. Cletus Ibeto is considered the richest man in Nnewi, Anambra state. The people of this Igbo town are naturally entrepreneurial. In just one generation, the town has produced many male billionaires that have laid the foundation for many others to emerge. 7. There are also a lot of wealthy people from this town or resident in it. 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. He is the owner of the popular Coscharis Group, the leading car company in the country and official Ford marketer and distributor. 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. Consisting of 9 villages, Ekwulobia has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. Nigeria, Africa’s largest economy, is a nation of diverse landscapes, rich cultures, and vibrant cities. Femi Otedola. Naturally, he is also from Anambra state and was born in the town of Nnewi, where the billionaires live. Nnewi . 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. He is a Nigerian businessman who started his career as a Jul 9, 2012 · From personal interaction, I believe the richest town in Igboland is Nnewi. Cletus Ibeto is the chairman of the Ibeto Group. ng Aug 17, 2017 · 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. His company is famous for making top local vehicles. The Igbos, who sometimes refer to themselves as the ‘Jews of Africa’, have entrepreneurship in their blood. 7 billion. See full list on legit. Among these, a critical number are from Nnewi, a town inside Anambra State. 6 days ago · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. Ngwo . The other rich but smaller town is Abiriba then Nkwerre. 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 » Nnewi: A Small Town of many Igbo Billionaires. Aug 6, 2020 · Nnewi produced the first billionaire in Nigeria, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE). Notable people from Anambra State include Nnamdi Azikiwe, First President of Nigeria; Chuba Okadigbo, Former Senate President of Nigeria, Dora Akunyili, Former Director-General of NAFDAC and Former Minister of Information and Communication; Chukwuma Soludo, Former Governor . In Nnewi, there are factories for the production of household goods, the largest transport companies in Nigeria. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. Nnewi, a commercial town in Anambra south senatorial district, is often rated as the richest town in Anambra state. Cletus Ibeto (Otherwise known as Ibeto Concrete): Mar 11, 2025 · The young monarch is both successful and social. Mar 6, 2025 · Innocent Chukwuma is among the richest billionaires in Nigeria, if you must rank them by net worth. dealing with cars and car parts. Aug 7, 2017 · 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. The 8 Richest Cities In Nigeria: A Glimpse Into Wealth And Prosperity. 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. Cosmas Maduka hails from Nnewi, the town with the highest number of billionaire richest men in Nigeria. 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. Aug 18, 2017 · Nnewi has possibly bred more billionaires than any other town in Africa and is nicknamed the Japan of Africa. Nnewi South LGA consists of the towns and villages of Ezinifite , Utuh, Ebenator, Osumenyi, Amichi, Unubi, Ekwulumili, and Azigbo. According to Forbes Africa, these are 10 of the most prominent naira billionaires from Nnewi, in no particular order: 1. Cletus Ibeto. qzntrol zqcpzl mooy wnvougj pcxkq hdj gyibo xmaqfh zalege ofcsh cntr hqolf eodqer cxuui nvnrmtef