Snail farming might not be the first thing that comes into your mind when you think of business opportunities that are profitable to start in Nigeria.

This article will make you aware of the massive wealth which can be made through the establishment of an enterprise of snail farming in Nigeria.

Why Snail Farming?

The market potential of snail farms in Nigeria and across Africa is vast, yet undervalued. Snails constitute a significant part of the diet of many regions of Africa however, they’re not always inexpensive and readily available throughout the year.

If you raise snails in commercial quantities hotels, restaurants, and fast food establishments will be your frequent customers.

In Nigeria the cost of matured and raw snails can go from N250 to N600, depending upon the amount. The annual demand for snails in Nigeria is approximately 7.5million kilograms annually.

The snail trade is booming across Europe as well as North America. In the United State America imports more than $4 million worth of snails every year from across the globe including Nigeria.

Since the beginning picking snails from the fields or the bush was the only method for snails to reach the market and to the table.

The demand for snails is much higher than the supply which indicates that the market for snail is endless, globally and locally.

The establishment of both large and small scale snail farming enterprises is the best method to fill the gaps that exist between snails and the supply of it in Africa.

5 Steps To Starting A Snail Farm In Nigeria 2022

Below are the five fundamental steps you must follow in order to start a successful snail-farming business Nigeria in 2022

Step 1: Decide On The Snail Species You Want To Keep For Your Farm

In order to create a snail farm it is necessary to select only one species of snail. Studies have shown that snail species like Achatina is the most suitable for warmer climate areas such as Africa.

Step 2: Prepare Your Farmland To Be Used For Housing.

Your snail’s home must have enough space to allow your snails to roam free. In the event of overcrowding, it hinders the growth of snails and consequently should not be done.

A properly-spaced snail house lowers the risk of outbreaks of diseases due to overcrowding.

Snails are adept in escaping their homes where they live, which is why it is important to build an escape-proof housing. Pens are a good option for a home that is spacious and easily accessible, with a soil thickness of 10 inches and trees in the vicinity.

Step 3: Buy Your Snails

If you’re planning to set up your own snail farm it is necessary to purchase the snails. After you have set up a suitable housing space and farmland to house the snails, the time is now to purchase some fresh snails at the market or from any farm. It is always recommended to inspect the snails before purchasing to ensure that they’re healthy.

When you begin with your farm of snails, it’s important to have healthy full grown snails to lay eggs and contribute to the growth of your farm. Take a look at the snail’s shell. If there’s a lip, it indicates they’re fully grown snails.

Step 4: Feeding And Rearing The Snails

Snails are a vegetarian and are fed with a wide variety of food items like cucumber, cabbage, mango and bananas, eggplant tomatoes, pear Okra, paw-paw, cassava leaves, or even lettuce. But, you could also feed snails bananas, pineapple, or the paw.

Mating and laying eggs is an essential part of snail farming. In general, mating takes place between the spring and summer.

Being hermaphrodites, snails are able to fertilize one another as soon as they’re mature enough. To ensure that eggs to lay smoothly, you must utilize high-quality soil that has the right humidity and temperature.

Stage 5: Harvesting, And Then Selling Of Snails

It’s not economically prudent to collect your snails prior to they reach maturity. They need to be mature prior to harvesting. Don’t take all the matured snails in one go to offer them on the market.

It is essential to keep a some for breeding purposes and also to be used as a the base stock in your farm snails.

Snail has a high market demand and is priced well. You can sell snails at the local market. The consumption of snail meat is rising rapidly around the world. Therefore, exporting to the international market could earn you more cash.

Cost of Starting A Snail Farming Business

The essential expenses you have be aware of if you’re contemplating how to establish an animal farm are: housing, purchasing fresh snails, food processing, handling of your snails, marketing and transport.

It is possible to start your business by investing N60,000 or N100,000. It all depends the size you would like your farm of snails to become. In addition to the amount of your investment, you can also choose to raise 1,000,000 snails that are worth over N5 million every year.

How Much You Can Earn From Snail Farming In Nigeria

This is possible due to the availability of extremely prolific Achatina snails that lay between 200-400 in a single batch, which is twice or three times per year.

If you can produce 100,000 snails which sell at N250 per snail that is N250 x 100,000, you’ll earn N2,500,000. You’ll earn about N25,000,000 annually or more if you make 1,000,000 snails.

For those who are new to the field, developing an enterprise plan for snail farming is a vital element that must be taken before beginning. This will provide you with the complete understanding of what that must be completed.

Watch How Mr. Edet Made Money From Snail Farming

Conclusion

In terms of costs and time snail farming is an extremely low-risk venture. As opposed to many other livestock enterprises snail farming has minimal startup and operational costs. It is possible to set up your snail farm in within the yard of your home to avoid the purchase of farm land.

The ideal time to begin setting up with a snail farming business is during the period of rain, especially from July through October as this is when snails typically begin breeding.

Also, it is important to know that snail prices rise when there is a shortage in the months between march and december which is when it’s dry.

The UK visa allows you to enter the country regardless of whether you travel by land, air, or by sea. The visa is proof that you’ve met the required requirements to obtain the visa you’re trying to apply for.

Nigerian passport holders need the visa for travel into the United Kingdom. If you are traveling for educational reasons, tourism or business purposes, or even to live and work in the United Kingdom.

It is possible to apply for a visa in the UK in Nigeria. UK processing of a visa could take up to 30 days. The most recent time to apply is three months prior to the date you apply. This article is a comprehensive guide to assist you in making the UK immigration application much simpler.

Types of Visas

• Visitor Visa: For stays of no more than six months or in transit
• Work Visa: For paid or voluntary work, investor and entrepreneur visits
• Study Visa: Study visas for short-term duration and visas for courses of longer duration degree and independent schools.

Find out more information about the different UK Visa types by visiting the GOV.UK website.

How to Apply for a UK Visa In Nigeria In 2022

How to apply to get your UK Visa from Nigeria is a straight forward procedure. All you need to is to follow the following steps:

Step 1

Create a user account on the GOV.UK website. You’ll also be able to determine the type of visa you’ll need for your travels through the website.

Step 2

You must fill out the application form and pay the visa fee and schedule an appointment at the visa application center. In return, you will get an email to confirm the time of your appointment as well as the documents you’ll need bring along.

Additionally, you will be provided with an GWF number, which you’ll require for following steps.

Step 3

Sign up your details through TLScontact. TLScontact website. If you do not register you won’t be permitted to attend your appointment. You can monitor your registration through the TLScontact website once you’ve signed up.

Step 4

You must attend your appointment and then provide your biometrics to the UK visa application center. To avoid delays in the application process, go along the following documents:

• The original passport
• Print copies of your online application and appointment confirmation
• Acceptance of the payment of visa fees
• All the documents required as described in the previous paragraphs.
• Supporting documents

IMPORTANT: The visa fee is no longer refundable once you’ve provided your biometrics. Also, you must make sure that you’re not late to your appointment. If you’re late your application will be delayed since you’ll be required to reschedule your appointment.

Step 5

Then wait while your Visa application is processed. You’ll be able to monitor your visa application on TLScontact website.

Step 6

Pick up your passport at the designated Visa Application Centre. You will be notified once it is available for collection.

According to TLScontact, “Children under 5 years old must visit in the Visa Application Centre in order to get their photograph taken at the center. It is important to note that minors aren’t allowed to apply on their own and must be with a parent or the legal guardian.”

UK Visa Fees; How Much Does It Cost To Apply For A UK Visa

UK STANDARD VISITOR VISA FEES IN NIGERIA 2022

Starting on the 11th of October 2021 UK visa charges for citizens of Nigeria for six months as a tourist or visitor will be US$133 (N54,530) that is often referred to as the price for England as well as London visa.

Regular travelers to Nigeria to UK may apply for a long-term visit visa to visit relatives, and for permitted business purposes. The UK visa costs in Nigeria for long-term 2, 5 and 10 year tourist or visitor visa applications include $504 US (N206,640) (N206,640), US$914 (N374,740) or US$1,148 (N470,680) and US$1,148 (N470,680).

UK visa costs for Nigeria 2021 for 6 months, 2 5 and 10 years child visitors cost USD 133 (N54,530), (N206,640) US$914 (N374,740) in addition to US$1,148 (N470,680) for each.

The UK processing time for visitor visas from Nigeria is typically within 3 weeks. The UK priority processing time for visitors from Nigeria typically takes 5 working days.

UK PRIORITY TOURIST VISA FEES IN NIGERIA 2021

For quick tracking of UK tourist and visit visas from Nigeria within five work days. The price for priority services is USD307 (N125,870).

Thus it is the UK priority visa costs 2021 , in Nigerian Naira for six months, 2 and 5 and 10 year tourist or visitor visas are US$440 (N180,400) (N180,400), US$811 (N332,510) US$1,221 (N500,610) or US$1,455 (N596,550) and US$1,455 (N596,550).

UK SUPER PRIORITY VISIT VISA FEES IN NIGERIA 2021

The price for UK super priority services within Nigeria will be $1,335 (N547,350) for a tourist or visitor visas. In other words, UK super-priority 6 months 2, 5, and 10 years tourist or visitor visa costs from Nigeria in 2021 will be US$1,468 (N601,880) $1,839 (N753,990) and US$2,249 (N922,090) and $2,483 (N1,018,030) according to.

MARRIAGE VISITOR VISA Fees

A Nigerian must submit a request for marriage visa when they travel to the UK to get married or creating a civil partnership or announcing a wedding or civil partnership. The UK marriage visitor visa charges for 2021 dollars in Nigerian Naira amount to USD 133 (N54,530). A Nigerian can remain in the UK for up to 180 days under a marriage visa.

The UK wedding visitor visa processing time for visitors from Nigeria is typically fifteen working days.

PRIVATE MEDICAL TREATMENT VISITOR VISA UK Fees

A Nigerian must submit a request for medical visit visa when they travel to the UK for private medical treatment and/or examinations for more than six months, but not more than 11 consecutive months. There are fees for UK Private Medical Visitor Visa fees from Nigeria in 2021 will be $265 USD (N108,650). A Nigerian is able to stay in the UK for up to 11 months with a private medical visa.

UK Visa Requirements

• A valid passport for international travel with an empty page on both sides
• The visa application form must be completed (this can be filled out online)
• One passport photo that satisfies the specifications
• Visa fee
• Evidence of financials (e.g. an original bank statement not more than 3 months old)
• Confirmation of bookings for accommodation and flights
• An invitation letter in the event that you are sponsored by a relative or friend member
• Original marriage certificate, if you’re traveling with your spouse
• Birth certificates to your kids, if you’re traveling together
• Recent utility bills
• If you are travelling for business you will need to include: a letter of invitation/confirmation of training/confirmation of conference; and full details for an authorised representative from your company and their contact details.

Where to Apply For A UK Visa In Nigeria

UK Visa Application Centres In Nigeria:

• UK Visa Application Centre in Victoria Island, Lagos. First Floor, Churchgate Building, Tower 2, Churchgate Street, Victoria Island, Lagos. Website: TLScontact Victoria Island, Lagos.

• UK Visa Application Centre in Ikeja, Lagos. Ground & First Floors, Etiebets Place, 21 Mobolaji Bank Anthony Way. Website: TLScontact Lagos
• UK Visa Application Centre, Abuja. Third floor 3rd floor Building (beside Metro Plaza), Plot 1129,Zakariya Maimalari Street, Central Business District. Website: TLScontact Abuja

• British Deputy High Commission, Lagos. 11 Walter Carrington Crescent, British High Commission, Abuja. Plot 1137, Diplomatic Drive, Central Business District

UK Visa Processing

The processing of UK visa applications may take between four and six days. But, certain visa applications may take as long as 30 days when documents are not in order or they require special attention due to criminal activity or past history of rejection.

UK Visa Collection

You can get the visa and passport from Monday through the Friday (except days off for public holidays).

You will be notified by SMS that your request has been submitted by the UK Embassy on the day of submission in addition to being informed when your passport has arrived in the UK visa center and is available for collection.

Take a copy of your application forms and a copy of your photo ID, and a copy the biodata page of your passport.

NOTE: A third party cannot take your application on your behalf, unless the case that you are a representative of the government or a parent collecting on behalf of their child or collecting for your entire family if you all applied.

What Can I Do If My UK Visa Application Was Rejected?

The most frequent motives for UK visas being refused are:

• Submitting false documents
• The applicant has been issued an order to deport the applicant
• A person was found to be guilty of a felony that requires up to four years prison time
• Refusing to provide documentation for the criminal history
• Insufficient funds
• Staying longer than a previous trip to the UK
• Inputting fraudulent documents in the past on a trip to the UK
• Not meeting all conditions of the application
• Invalid passport or travel documents
• A valid reason not travel to UK

A visa application is recommended when you are uncertain about the procedure or the requirements. The cost is higher, but it will provide confidence that everything is right.

Watch How To Get A UK Visa In Nigeria

The development of digital technologies as well as remote working has led to a new way of life for many employees across the world,”digital nomads.

The tech-savvy freelancers have the option of choosing which days and times they work, preferring short-term work over the standard 9-5.

If you’re wondering where do these digital workers go to? What countries have the most suitable services to work remotely?

If you’ve asked yourself what is a top digital nomad’s paradise? Well, Each person has their own distinct standards, but some of the typical ones include such as low costs of living, quick and reliable internet connection as well as co-working space and an open-minded community, pleasant temperatures, cheap and tasty food, a lively nightlife and a fascinating life styles etc

In this article we will look at the top places to digital nomadic travelers in Africa according to what digital nomads believe are important such as the high-quality internet connectivity and cost of living weather conditions, as well as the distinctive attraction and diversity of city culture that are available.

Who Is A Digital Nomad?

Digital Nomad is somebody who works online and isn’t tied to a specific workplace or city, or the country.

They can work from any where around the globe, as long as they’re equipped with a laptop and an internet connection. They can travel wherever they want to.

Digital nomads are typically young people who can be employed in all sectors of the knowledge economy, including design, marketing IT, writing, media, tutoring, and consulting, to name a few. They can be remote employees or outsourcing workers.

Why Is It Important That Digital Nomads Explore Africa?

Imagine all the stunning places across the globe you could visit and work in simultaneously. With Africa being one of the most beautiful destinations in the world to visit, it is not only because of the vast culture, beauty of its people or the nature but also due to the advancing technology industry within this hardly explored region.

Over the past 10 years, Africa is fast becoming the hub of technological disruptions that are digital across the world. The most successful startups are emerging out of the major African cities like Kigali, Lagos, Nairobi, Johannesburg and Accra amongst several other cities.

In addition to the primary requirements for digital nomads to pick a city to reside and work in, there’s a myriad of reasons to consider why Africa is an excellent place to visit.

• A rapidly expanding startup community.
• Untapped business opportunities.
• Cost of living is lower for families and individuals.
• Diverse outdoor activities stunning weather and nature.
• Enjoy a variety of culture with different food options to choose from.

Top 10 Nomad Destinations In Africa 2022

1. Port Louis – Mauritius

Port Louis is the capital and the center of economic activity of Mauritius located situated in the Indian Ocean. It is the biggest city on the island, with about 200,000 residents. In the present, Mauritius is not only home to several prosperous African businesses, but is receiving more and more attention as a top destination for professionals who are location-independent.

Mauritius is well-positioned to rival other global digital nomad hotspots, such as Bali and Malta.

It offers everything that professionals who are location-independent require, including an internet connection that is reliable and a low price of living (approx. $1939/month) and a pleasant tropical climate throughout the year. Take a look at CoWorking Port Louis & TheGround for more details about working at Port Louis.

2. Taghazout – Morocco

A large number of digital nomads who travel to Africa has rated Taghazout one of the top destinations to work from Africa. Taghazout is an fishing community located on the Morocco’s Atlantic coast, which lies north from the capital city Agadir. Within the city of Taghazout there are numerous restaurants where you can try traditional Moroccan food.

Taghazout is a charming co-working space named Sundesk that is where you can enjoy the waves from the ocean together with sun, yoga surf, and high – speed internet can provide an ideal spot to relax and unwind as a digital nomad. The price of living Cape Town ranges between $1100 between $1250 and $1100 per month.

3. Cape Town – South Africa

Cape Town is a beautiful city with nomads that has plenty to provide in regards to scenery, culture and lifestyle and also provides an excellent access to all of the “must see” experiences of Southern Africa.

Cape Town is fairly well connected to mobile networks and all operators are competing to claim winning the “fastest 4G” crown at the moment.

There is a wide selection of what you require from Cape Town. For everyday purchases, South Africa is a relatively affordable destination.

The majority of coffee shops and hotels offer free internet access in metropolitan regions. The expense of living Cape Town ranges between $1800 between $2200 and $1800 per month.

Cape Town also features some of the most productive coworking spaces where entrepreneurs are able to set up their businesses.

4. Marrakesh – Morocco

Today, Moroccan cities like Marrakesh and Taghazout appear to be drawing inspiration from global startup ecosystems, such as Silicon Valley and harnessing their individual entrepreneurial and creative culture to help put Morocco in the spotlight as a place to visit for entrepreneurs and digital nomads from all over the world.

Marrakesh is the location of dozens of coworking spaces that provide the latest in entrepreneurs and startups. The median expense of living Marrakesh can be found between $1500 to $1800 per month.

There are beautiful AirBnB listing of rental properties for reasons. Morroco is among the top cities with internet connections in Africa.

5. Kampala – Uganda

Kampala is among our most popular places for nomads who want to travel digitally from Africa. It is situated near the shores of Lake Victoria, Kampala, is the capital city of Uganda.

The weather is ideal and there are many interesting people, plenty of business opportunities and visas are simple to obtain. It is spread out across many hills, ridges and valleys, and is home to an active nightlife and restaurant scene.

Kampala is currently one of the fastest-growing tech hubs in Africa. The price of living for Kampala is between $950 to $1200 per month. If you are looking for co-working locations to work in, Tribe Kampala & Design Hub Kampala remain top options for digital nomads living who live in cities.

6. Tunis – Tunisia

Tunis is the bustling capital city of Tunisia which is a country located in North Africa. It lies in the middle of Lake Tunis, just inland from the Mediterranean Sea’s Gulf of Tunis.

It is home to an old medina that dates back to the past and the Bardo Archaeology Museum that is where the most famous Roman mosaics are on display in a palace complex dating to the 15th century.

Tunis is a stunning and enjoyable place to live being a nomad digital, with many activities and places to see. The typical expense of living Kampala is between $1000 to $1200 per month. If you’re looking for coworking spaces to work from, Tunis features some of the most productive coworking spaces that entrepreneurs can work in.

7. Dakar – Senegal

Dakar is a vibrant city that is full of lively arts and culture. There are many beaches to enjoy and forget about your troubles for a moment. Apart from being a beach, Dakar is a city filled with bright colors and modern eateries.

Dakar is also the home of the tallest building in the world that is Dakar’s African Renaissance Monument.

Following Lagos after Accra and Lagos Accra, Dakar is one of the fastest-growing tech hubs in West-Africa. The costs of living within Dakar is between 1500-$1750 per month.

If you’re looking for coworking locations to work in, CoWorking Cafe & JokkoLabs Dakar are the best choices for digital nomads living in the city.

8. Nairobi – Kenya

The digital nomad movement is taking Nairobi by the storm. Nairobi is known as the capital of Kenya. Kenya is an amazing East African country with warm and beautiful people.

The weather is amazing (mostly peaceful and warm) and you’ll be awed by the kind, lovely Kenyan ladies , and of course, the handsome and strong males.

Nairobi is a city that is modern that can provide everything you require. For everyday purchases, Nairobi, Kenya is an extremely affordable place to visit.

The majority of coffee shops and hotels provide free WiFi in urban zones. The price of living Nairobi can be found between $1300 and $1500 per month. Nairobi also has many of the best coworking spaces that entrepreneurs can work from.

9. Lagos – Nigeria

Lagos is Africa’s largest metropolis by population and it’s also home to the notorious traffic congestion to show that.

However the city’s vibrant nature and the flourishing startups have made it an ideal digital nomad’s dream. There are coworking areas entrepreneurs, freelancers as well as broadband internet as well as tech hubs.

When it comes to rest and adventure, you’ll be spoilt for choices as the friendly locals, beaches resorts and international cuisine, as well as conservation centers, and museums can keep you busy and satisfied when you’re not working.

The price of living Nairobi can be found between $1500 to $1800 per month.

10. Accra – Ghana

Accra is known as the capital of Ghana. It is the administrative, economic, and educational centre of Ghana.

The city is home to the headquarters of all the big trading and banking firms and insurance agencies and the electricity company as well as the postoffice general, the huge open markets from which the bulk of the food is supplied and Accra Central Library.

Accra is currently one of the fastest-growing tech hubs within West Africa. As a digital nomad the expense of living Accra is between 2500-3000 dollars per month.

If you’re looking for co-working spaces within Accra to work from, The ImpactHub Accra & iSpace Ghana remain the top options for digital nomads within Accra.

Watch 8 tips to become a Digital Nomad in Africa

They’re the best example of the expression; “what a man can do,  a woman better, or more than that”. These women with wealth have risen beyond the norm and are now sitting on the boards of corporations across different areas in the business world.

In this article, we want to discuss the top richest women in Nigeria, their background, career, profession and most importantly they’d net worth. So sit back and enjoy.

Top Richest Women In Nigeria

Folorunsho Alakija ($1 Billion)

Folorunso Alakija is the richest woman in Nigeria. She is an oil mogul and philanthropist, whose wealth came from the oil and gas firm, Famfa Oil. Her wealth earned her second place at the top of the Forbes list of the most wealthy females from Africa. She is also the most wealthy woman in Nigeria and a title she’s held for quite a while.

It is rare to discover the list of Nigeria’s wealthiest businessmen without of Folorunsho Alakija appearing. Numerous rankings and reports have declared her as the richest woman in Nigeria and the listing of African’s Billionaires places her at the 20th spot in Africa.

Although most of the public is able to attribute the wealth of her to interest in the oil and gas industry, Alakija also has interests in different areas such as fashion and real property.

She was born July 15, 1951 in the household of chief L.A. Ogbara, of Ikorodu, Lagos State. There was a huge family, and Folorunsho had many siblings.

She began her primary schooling with Our Ladies of Apostles, Lagos between 1955 and 1958. At seven years old she went across England in United Kingdom to attend Dinorben School for Girls located in Harfodunos Hall, Llangernyw, Wales.

Then she returned back to Nigeria in 1963 to complete secondary schooling at Sagamu, Ogun state before returning to London to study Secretarial Studies in Pitman’s Central College.

In the past, it was quite normal for females to pursue studies along the lines of secretarial studies tourism and hospitality, or fashion design.

Alongside the Secretarial courses, she went to the American College, London and the Central School of Fashion for an education with a major in Fashion Designing.

Aside from being secretary as well as a fashion stylist, she returned to Nigeria to start her new job. She started working as Executive Secretary for Sijuade Enterprises in Lagos, in 1974.

In the following years, she became an Executive Secretary for the Director of First National Bank of Chicago that was later renamed FinBank and later purchased from First City Monument Bank (FCMB). In short, she was in the post of Office Assistant for The Treasury Department, and Head of the Corporate Affairs Department.

Folorunsho Alakija Entrepreneurial Career

After a few years in the banking sector, Folorunsho Alakija decided to launch her own fashion-design company, Supreme Stitches. She put in a lot of effort to establish the brand in motion. The brand’s name later was changed Rose of Sharon House of Fashion.

In September 1991, FAMFA Oil Limited was formed, FAMFA Oil Limited was formed and, in 1993, the company was granted the Oil Prospecting License (OPL) on OPL 216 which is a 617,000-acre oil block that is located inside the Agbami Field in the Central Niger Delta.

A few years after, she signed an agreement to join venture together with Star Deep Water Petroleum Limited (a wholly owned company that is part of Texaco).

Then, she appointed Star Deep Water as technical consultant to explore her license. She also transferred 40 percent of her 100 percent share to the corporation. Star Deep ceded 8% of her 40% stake to Petrobras which brought an even greater number of participants.

Folorunsho Alakija & FG Saga

It’s no surprise then that they had success in their explorations and began to grow into one of the top crude oil exporters in the country. in Nigeria.

Alakija has also delved into other areas like real estate and printing. Her company, the Rose of Sharon Group consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and Famfa Oil Limited where she is the Executive Vice-Chairman. Her real estate interests lie with the DaySpring Property Development Company, which she holds the majority stake.

After a few years of exploration and drilling, they found oil in OPL 216. The moment the news was made public the government came in and took 40% of the stake shortly thereafter another 10% stake in the bloc of oil. The government’s argument was that, if they let Alakija to hold all of those shares and earn upwards of 10 million dollars per day. For over 10 years, Folorunso Alakija fought the government in court and refused to let it go.

“We believed it was unfair. We took the only risk and put everything we owned in the company. It was now an enterprise run by the family. We worked for the last six years together as a family in order to make sure that it was working and that it was fruitful. They stepped into the picture and took everything we’d put in so much effort to achieve. I thought to myself: “Folorunsho Alakija will not give up and my husband doesn’t give up , and my kids don’t give the fight'” she later said about it.

Then, in the end, they prevailed in the case and reclaimed the stakes that they had taken from the government.

Folorunsho Alakija Recognitions and gestures of philanthropy

As of 2015 Forbes named Alakija as the second most powerful woman in Africa. Alakija as the second-highest-powerful women within Africa as well as the 886th-most powerful female on the planet.

Also, she was ranked as the most powerful female in Nigeria with an estimated net worth of $1 billion at the time of her 2020 census.

She has been awarded no less than eight Honorary Degrees from Universities in Nigeria as well as those in the United States of America, one of them being that she got from Benson Idahosa University, Benin City on the 17th day of July , 2021. She was the very first woman to be a chancellor of Nigeria in 2016, when she was named as the Chancellor of Osun State University in March 2016.

The Rose of Sharon Foundation is one of the ways in which Alakija aids and assists widows and orphans with business grants and scholarships. Folorunso she is also the patron for the Agbami Medical and Engineering Scholarship Scheme, where over 1000 beneficiaries receive each year with scholarships. She also donated a center for skills acquisition at the Yaba College of Technology.

Hajia Bola Shagaya ($950 Million)

When you think of people with entrepreneurial spirit who manage multi-million dollar conglomerates, Hajia Bola Shagaya is the name that comes to mind.

The accomplished Nigerian commercialist has earned fortunes for herself, with a staggering net worth of $950 million which makes her among the wealthiest women living in Africa.

She is the CEO and founder of Bolmus Group International, a multifaceted Nigerian conglomerate that has investments across a variety of industries, including oil & gas, real estate as well as banking and communications.

Hajia Bola started her career at the Central Bank of Nigeria (CBN) where she was employed in the auditor department. Also, she is a fashion lover who actively supports and promotes the art and fashion industries. Hajia is passionate about fashion-forward clothing and loves to appear stylish; it will not be a surprise to anyone that she was an official of the Fashion Designers Association of Nigeria (FADAN)’s patron. Let’s talk about her successful story.

Hajia Bola Shagaya Started Her Career as an Auditor At the Central Bank of Nigeria (CBN)

After finishing her studies at Ahmadu Bello University, Zaria, Hajia proceeded to the United States, where she earned a degree in accounting as well as Economics at Armstrong College in California.

Right after graduation she went back to Nigeria to gain practical experience of the subjects she had studied. So, she began her career as banker after joining in the Central Bank of Nigeria (CBN).

In the CBN, she was employed in the audit department until she left in 1983 to go into full-time business. Despite her time at CBN however, the sum she earned as a salary has not been revealed as it is confidential

Her First Business Venture Was Into Photographic Equipments

With the vast knowledge she gained from her job in the banking sector, Bola made her first move into the business world. Bola began by introducing Nigerian as well as West African markets the Konica brand of photographic products including rolls, films and even chemicals.

The business was solely dependent on the import and distribution and later she was motivated to take the business to a higher scale to include photo lab services.

Being a shrewd businesswoman, Bola saw that the business was growing rapidly in Nigerian markets. She, in 1997, she founded a photo laboratory company, Fotofair (Nigeria) Limited. Fotofair is now one of the most renowned photographic labs in Nigeria and has more than 30 branches across the nation. It is situated at Victoria Island, Lagos, and is utilizing 100 percent Japanese techniques as part of the Konica brand name. Bola was able to earn a lot of money with this company. However, how much has added in her wealth remains to be determined.

In the course of her photographic business grows and her photography business grows, she became a Nigerian business mogul stepped up her horizons towards her involvement in the Nigerian energy and oil industry. She established Practoil limited, which is one of the biggest exporters of and distributers of base oils in Nigeria in the present. It has its oil-lubrication plant located in Kirikiri and produces various grades of lubricants and oils that meet the requirements of local blending factories for lubricants.

In the year 2011, Bola founded another oil and gas company, Voyage Oil and Gas Limited. Voyage Oil and Gas was officially launched in 2012, when it began functioning as an Crude Oil trading and export company.

Since its beginning this company is operating under the Nigerian National Petroleum Corporation (NNPC) crude oil contract, which has an average of 3000 barrels of crude oil per day.

The company also operates as distributors and as independent marketing companies of petroleum, oil products, as well as gas. It is currently involved in sales of petroleum products and marketing, haulage and storage. All of these have significantly boosted the value of her assets.

Hajia Bola Shagaya Real Estate Ventures

Real Estate is another lucrative and profitable business idea Hajia Bola is involved in. Hajia Bola isn’t just an average businesswoman that lives on one source of income.

She is innovative and always seeking out the next big business idea to make use of the many business ideas that are running through her mind.

As mentioned, her business, Bolmus Group International, is also involved in real estate investment. Bolmus Group International has stunning housing estates across several important cities in Nigeria and also properties within the United States and Europe.

These investments are also a part of her wealth, but the value she earns from it isn’t known.

Hajia Bola Shagaya Has Served in Several Boards and is Still Serving

Specializations include merchandising, promotion and resource control management, Hajia Bola Shagaya has made herself an icon of business after being named chairperson of the committee for trade, economy, and investment during the 2014 national conference.

After having left CBN in 1983, Bola returned to the CBN at the end of 1983 Bola came back to banking industry as a member of the Board of Unity Bank Plc and served for eighteen years. Hajia Shagaya has displayed her expertise in business and her tenacity when she was working for one of the largest banks.

Below are some other roles she held during her time in the bank.

• Chairman of the Bank’s Establishment Committee
• Chairman of the Audit Committee
• Member of the Bank’s Audit and Credit Committee.

The smart businesswoman is an active member of the New Partnership for African’s Development (NEPAD) business group in Nigeria. NEPAD offers opportunities for growth in the economy through collaboration between public and private sectors and communication. It also provides information and resources required for investment and trade in Nigeria as well as Africa in general.

She is Committed to Growth and Development

Hajia Bola Shagaya is a person who is obsessed with growing. One of the most effective strategies she employs to keep up with the ever-changing world of business is by learning.

She has been a participant in numerous international and local workshops and seminars, including those held through KPMG, Euromoney, and Harvard Business School in the United States. In her own words she stated that learning never stops for those who succeed.

Therefore, she is a student of business, in contrast to many entrepreneurs, particularly in Nigeria who believe it unnecessary to participate in any type of business education or seminar and claim they’re expensive. Despite the success she has achieved, Hajia Bola continues to take part in seminars and write business courses each year.

Is Hajia Bola more wealthy then Folorunsho Alakija?

Folarunsho Alakija is a Nigerian billionaire. she also works in the real estate, oil and printing sectors. Many people have always wanted to find out how much she earns and who is the more successful financially.

In the eyes of Forbes, Folorunsho Alakija is the most richest woman in Nigeria with a value of $1 billion by 2020 which makes her richer than Hajia Bola Shagaya. Her wealth is largely fueled due to her own oil exploration firm that owns 50% of Oil Mining License (OML) number 127, which is one of Nigeria’s largest oil blocks. Apart from her oil field, Folorunsho Alakija is the owner of a clothing and printing company. She is the director in charge.

The oil company of Hajia produces around 30000 barrels of oil each day Folorunsho’s daily production of oil is currently around 200 barrels. This alone contributed to her net worth of $1 billion which implies that she’s almost twice as rich as Hajia Bola. Bola owns estimated net worth of $950 million. Both women have been extremely accomplished in their own right.

Hajia Bola Shagaya Involvement in Money Laundering

In 2016, the Economic and Financial Crimes Commission (EFCC) has accused Bola Shagaya of laundering a government fund of N1.9 billion. The funds was found in the account of her Unity Bank account was said to total N3.3 billion that she allegedly earned through the “fraudulent activities in the Nigerian National Petroleum Corporation,” in which she was alleged to have “influenced the fraudulent allocation of Dual Purpose Kerosene to Index Petrolube Africa Ltd.”

During the investigation, an anti-graft officer invited Hajai to the court, however, she was adamantly unable to accept the invitation. On the 29th of December after an order was issued in the case by Justice Muslim Hassan of the Federal High Court in Lagos, EFCC froze her Unity Bank account, in which the N1.9 billion is residing.

The sole solution Hajia Shagaya has offered in relation to this scandal and her frozen account , is to file an application with that the federal government lift its freeze order.

She claims that the actions taken on her account is in violation of Section 34 (1) of the EFCC Act, 2004. However, she was received nothing since the EFCC rejected the request, claiming that it had legally obtained. The account has been frozen and there isn’t any other information that can be verified regarding the saga.

Hajia Bola Shagaya Awards and Recognition

• On July 22nd, 2010 she was presented with her Nigerian distinction award, the merit from Member of the Order of the Niger (MON) by the former president of the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan (GCFR).
• 3rd August 2012: In honor of her exceptional achievements and significant contribution to the growth of the economy she was awarded the National Productivity Order of Merit Award by the President of the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan
• 2012 – Forbes’ Ten Millionaires to Watch in Africa
• 2012 – Award for Excellent by ThisDay Annual Awards

Hajia Bola Shagaya’s Lavish Lifestyle

A renowned businessperson, Hajia has acquired a massive amount of money. She enjoys luxury lifestyles and pulls out all the stops to enjoy it to the highest degree.

In celebration of her 55th birthday, with fashion The billionaire mogul gave herself with a luxury private jet. It is the latest version of a brand-new Gulfstream G650 model jet reportedly worth N11.5 billion.

She also has a great desire for luxury automobiles and has demonstrated her passion for luxury cars with the purchase of the Rolls Royce Phantom and a Rolls Royce Ghost valued at N90 million. But, it’s no secret that she has one of her mansions in Lagos even though the value is not known.

Daisy Danjuma ($900 Million)

Another woman to make it onto the top of the list of Nigeria’s richest women is Daisy Danjuma.

Daisy Danjuma is the third richest woman in Nigeria with a total networth of $900 Million.

She is an attorney and former senator who represented Edo South Senatorial District from 2003-2007. She is also the spouse of the former defence minister General Theophilus Yakubu Danjuma.

Daisy has had a successful legal career which saw her hold several high-ranking positions in private and public companies.

In the year 2019 she was appointed as chairman of May & Baker Nigeria PLC which is a top pharmaceutical manufacturing company.

Daisy Ehanire Danjuma (born 6 August 1952) is a Nigerian politician who served as the senator from her Edo South constituency of Edo State in the Nigerian Senate from 2003 until 2007. She also ran for re-election in the Nigeria general election in 2011, but failed.

She attended a government primary school located in Benin city in Edo state. After she graduated, she was admitted to Ahmadu Bello University Zaria to pursue a degree in Law and received the degree of BA in Law in 1976.

In 1977 she was admitted into the Nigerian Bar as a practicing lawyer. She completed her national service with the NYSC as State Counsel in the Ministry of Justice of Lagos State and also served as a legal counsel for the Legal Aid Council of Nigeria.

Later, she was an Executive Assistant for Nigerian Acceptances Limited (NAL) as an Merchant Bank from 1977 to 1978. She was the Company Secretary/Legal Advisor for the Nigerian Television Authority (NTA) from 1982 until 1992. She was elected as a Senator in Nigeria in the Federal Republic of Nigeria (2003-2007) serving as Edo South’s Senator. Edo South

Daisy Danjuma is a senator elected in the election of 2003 in Nigeria general elections, to represent the Edo South constituency of Edo State in the Nigerian National Assembly from 2003 until 2007 under the umbrella of the Action Congress Party (AC).

As a senator, she served as the chairman of the Senate Committee on Women Affairs and Youth Development as well as a Member, Senate Committees on Health, Education, Finance and Land Transport of the National Assembly.

Being senators from Nigeria allowed Danjuma the chance to become an active part of the Commonwealth Parliamentary Association (CPA). She been chairman of the Women and Child Right Committee of the Economic Community of West African States (ECOWAS Parliament).

She ran for a second term for the senate seat in her 2011 Nigeria general elections, but was unsuccessful and was defeated by Uzumere’s Ehigie Edobor with nearly double of her votes, by 135,346 votes to a total of 70,725.

It also proves Uzamere was able to win reelection the elections of April 2011 for Edo South Senatorial District. Edo South Senatorial District. After a string of appeals in June 2009 the appeals court ruled that Uzamere was in fact properly elected

In summary, Daisy Danjuma is now a lawyer and politician who currently holds the title of the third-richest female in Nigeria with a net worth of $900 Million.  She has held several political positions. Her political career began with the Lagos ministry of justice in the state of Lagos as the state counsel.

She has worked for several banking institutions as their lawyer advisor and was later named director of the department of law for the Nigerian Television Authority (NTA).

Her wealth was also made by working in the gas and oil industry because she was the director of the leading petroleum company, South Atlantic Petroleum (SAPETRO).

She was in the post for four years, and was later elected as a senator . She also she was a spare head of many committees, specifically for the benefit of Nigerian women. Daisy is a part of numerous national and international associations.

Fifi Ejindi ($800 Million)

Offiong Ekanem Ejindu aka Princess Fifi Ejindu is the  fourth richest woman in Nigeria. She is the CEO of Building Support Systems and the Principal Partner of Starcrest Group of Companies. The Nigerian is a Neo-traditional architect Fashionista, an businesswoman, and charity worker.

Fifi is the creator of The African Arts and Fashion initiative. She has been recognized as being among Nigeria’s most prominent women architects from Nigeria.

Fifi Ejindu Background

Fifi is born in the year 1962, in Ibadan, Nigeria. She is a princess her maternal great-grandfather King James Ekpo Bassey who was from Cobham Town in Calabar, Nigeria was named the King of Cobham Town by Queen Victoria in 1893.

The father of her daughter, Sylvester Joseph Una is an instructor at the University of Ibadan in Oyo State. The professor was also the initial Health Minister in the former Eastern region of Nigeria and was also an elected participant in the House of Parliament before Nigeria became independent.

Princess Fifi Ejindu was born and raised in Ibadan However, she’s origins from Uyo within Akwa Ibom State.

Fifi Ejindu Educational Career And Early Career

Fifi Ejindu received attended The Senior Staff Primary School of the University of Ibadan and her secondary education was at Queens College, Yaba, Lagos.

She earned her B.Arch diploma in the year 1983 at Pratt Institute, a private design school located that is located in Brooklyn, New York. Fifi was among the very first African women to earn an Architecture Bachelor’s degree at the Institution.

After having graduated from Pratt Institute, Fifi enrolled at the Massachusetts Institute of Technology where she completed a number of courses before accepting a position at Grant Associates in New York City.

Then she returned to Pratt Institute for her Master’s in Urban Planning before moving to Nigeria.

Fifi Ejindu: Starcrest Group of Companies.

Starcrest was born from Fifi’s vision of creating something brand new in Nigeria. Starcrest was established as soon as when she was back in Nigeria and now has three divisions;

1. Starcrest Investment Limited.
2. Starcrest Associates Limited.
3. Starcrest Industries Limited.

The subsidiaries involved are real property managing, construction and design oil and gas project management as well as youth empowerment and investment opportunities.

Starcrest Investments

The subdivision was able to successfully bring foreign investment in to the United Arab Emirates into Nigeria. Fifi Ejindu got the help from the former President of Nigeria chief Olusegun Obasanjo in influencing fifty prominent businessmen from U.A.E to invest in various sectors within the Nigerian economy. The former president stepped up for her, and the investment led to jobs for Nigerians and helped the country’s GDP. (GDP).

Starcrest Associates

This subdivision creates designs for buildings creates residential villas as well as estates, and provides architectural services as well as engineering, urban planning and interior decoration. The subdivision additionally participates in the management of projects from the beginning to completion.

She has developed and constructed numerous projects for people including the government as well as companies. The Spanish Ambassador’s home situated in Maitama, Abuja, Nigeria was one of the highlights of Fifi’s career as she was very happy with her job accomplished.

Her work has always been an important reference point and she is able to get suggestions from people she has never seen. It was through this that she was able in the position of designing the residence that was the residence of professor Charles Soludo, a one-time governor of the Central Bank Of Nigeria.

Soludo was impressed by her designs and approached her for the job , without having any prior knowing the person she was. This is a reminder that we must be attentive to the details and be meticulous in everything we do. It is impossible to know the distance your work can travel.

Other Projects Handled By Princess Fifi Ejindu.

Fifi was looking to promote African culture and talent , therefore she founded The African Arts and fashion Initiative on Sunday, the 4th August 2013, in The Dorchester Hotel in London.

The company was established to promote Africa by showcasing the rich culture of the region as well as its talents across the world. It also offer opportunities to help enrich African young people.

The organization is a platform for dialogue and exhibitions that highlight and promote African antiques and arts, African fashion style, African music, and many other items that are produced in Africa.

Prints are published every quarter on fashion journals as well as other publications that focus specifically on African Arts and Style to inform and educate.

Fifi Ejindu Awards, Features and Recognitions of Princess

• Fifi Ejindu was presented with his “Honorary Patron Membership” of the elite Dubai Icons Club.
• Featured in the Famous African Women Architect Magazine by People Maven – 2018 Edition.
• Winner of “The Nigerian Golden Book Professional Icon Award” in 2015.
• Recognized as one of the Top Twenty Inspirational Women in 2015 by the African Diaspora Professional Women in Europe (ADIPWE).
• Princess Fifi Ejindu won the “Diaspora Excellence Award” in 2015.
• Fifi Ejindu was named the prizewinner of the 2014 African Child Nobel Prize.
• The award was presented with the African Achievers Awards for the “Lifetime Achievement Award” the ceremony took place at the Dorchester Hotel’ on Sunday the 4th of August , 2013.
• She was inducted as a member of the Global Women Leaders Hall of Fame in the Global Women Leaders Hall of Fame African Chapter. She was one of Africa’s top 20 Women of Influence in 2013.
• Fifi was praised to members of the Georgia House of Representatives, America for her accomplishments. She was awarded the title of “African Female Economic Champion” in 2013.
• The award was presented to her with”Patriotic Women of Integrity International Award” in 2004 “Patriotic Women of Integrity International award” in 2004.
• Fifi Ejindu was awarded an award titled “African International Achievers Merit Award for excellence” from the Soroptimist Club of Abuja.
• Princess Fifi Ejindu is a part of the Nigerian National Heritage Council.
• Fifi was part of the eleven members of the technical committees established by the state government in Akwa Ibom state to attract foreign direct investment (FDI) to the state.

Princess Fifi Ejindu Net Worth.

From the calibre of customers and her authenticity in the work There is no doubt that Fifi ought to be worth several millions. According to studies, Fifi is worth about $800 million Nigerians which makes her the fourth richest woman in Nigeria.

Stella Okoli ($800 Million)

Stella Okoli is according to numerous reports, is the fifth richest woman in Nigeria with a whopping net worth of $800 Million.

She’s an entrepreneur, pharmacist, and a philanthropist. She’s also the Chief Executive Officer as well as the Managing Director for Emzor Pharmaceutical Industries Limited; one of the leading pharmaceutical companies in India.

If you take a look at Dr. Stella Okoli, what you can see is determination and a strong drive that is able to accomplish anything she will to achieve what she sets her mind to. While others see obstacles she sees opportunities.

She was able to transform her modest retail pharmacy shop located in Somolu, Lagos into a multibillion-dollar pharmaceutical business. Stella Okoli is a strong advocate of the entrepreneurship of young people is key to stopping youth criminality in Nigeria.

Stella Okoli Background

Stella Okoli was born on the 30th July on the 30th of July 1944 in Kano State to the family of Felix Ebelechukwu and Margaret Modebelu. She’s currently 78 years old (2022)

She is from Nnewi within Anambra State, Nigeria. Stella attended All Saints Primary School, Onitsha (1954-1959), Ogidi Girls Secondary School in Ogidi between 1959 and 1964 as well as Federal Science School, Lagos from 1964 until 1966

Then, Stella moved to United Kingdom to further her education. She received her degree from The University of Bradford as a Pharmacists. She is a Dr. Stella Okoli also has completed a master’s degree with a concentration in Biopharmaceutical of The University of London, Chelsea College.

She is a graduate of Lagos Business School, Harvard Business School, Boston and I.E.S.E Business School in Barcelona, Spain.

She was married to late Barister Christopher Okoli and they are blessed with three children: Uzoma Okoli Emeka Okoli as well as (Late) Chike Okoli.

Stella Okoli Entrepreneurial Journey

Stella Okoli started out as an ward/clinical pharmacist at Middlesex Hospital in London and afterwards, she worked as a pharmacist at Boots Uk formerly known as Boots the Chemist Ltd.

She then returned to Nigeria and was employed for a short time as a pharmacist at Massey Children Hospital, Lagos before joining a pharmaceutical manufacturing firm, Park Davies Nigeria Limited (now Pharma-Deko Plc). In Pharma-Deko Plc she was employed as a Medical Rep and later, as Sales Manager.

It was in 1977 that Stella discovered the entrepreneurial bug that runs through the veins of Nnewi indigenes of Nnewi. She started a small retail pharmacy, Emzor Chemist Ltd in Shomolu, Lagos. It was named Emzor Chemists Limited which later transformed into Emzor Pharmaceuticals in 1984.

Emzor Pharmaceutical is a leading indigenous pharmaceutical company that has more than 50 products under its name.

When she was running Emzor Chemist Ltd in 1981, Stella was into importation and wholesale of pharmaceuticals to provide drugs that meet the needs of the health problems of Nigerians. The products she imported included Ethical as well as Over The Counter (OTC) medications.

The idea of producing local drugs came as the result of her drive to provide affordable healthcare in Nigeria. As we’ve mentioned, when other people see problems she sees opportunities and seeks ways to make the most of the potential for public good.

Emzor Pharmaceutical Industries Limited

Emzor Pharmaceuticals is a wholly owned, indigenously owned company founded in the year 1984. The company was created with the purpose of making premium pharmaceutical products and medical consumables.

The company started production in 1985 following the launch of its brand name, Emzor Paracetamol. Since since then, Emzor has continuously expanded its product line and has produced more than 50 tested products.

The range of products includes vitamins, antibiotics, anti-malaria Analgesics, antacids anti-histamines, and much more.

Remember that it all started with a small chemist store in Shomolu. The tiny shop has grown to become one of the most reputable pharmaceutical firms that operates in Nigeria that has affiliates. Emzor operates offices across Mali, India, Liberia, Ghana and Sierra Leone.

Emzor is now an international brand and leader in the pharmaceutical market in Nigeria.

Subsidiaries of Emzor Pharmaceutical Industries Limited

Zolon Healthcare Limited

This company operates as a specialist healthcare provider that can provide an innovative solutions to the healthcare requirements of individuals. The company’s specialties are oncology, gynecology and cardiology, biotechnology and more.

Emzor Hesco Limited

They are a full healthcare solutions provider. The company offers products and solutions to hospitals with trusted manufacturers and brands that are based in Europe, America and Asia. Their offerings include procurement consulting as well as the supplies of equipment for medical use, instruction of best practices, the supply of medical supplies hospitals, turnkey hospital projects as well as services.

Emzor Pharmacy and Store

Emzor’s retail pharmacy that distributes Emzor Pharmaceutical products to Nigerians.

Life Gate Medicals Limited

They provide education for healthcare professionals as well as medical tourism.

Stella Okoli As A Philanthropist

In honor of her late Son, Stella Okoli started Chike Okoli Foundation (COF) in the year 2006. Chike Okoli Foundation is a non-governmental organization that aims to promote healthy lifestyles and entrepreneurial skills in Nigerian young people.

Since its founding COF has provided training to hundreds of business owners as well as young entrepreneurs. Since 2011, COF constructed the Chike Okoli Centre for Entrepreneurial Studies located at Nnamdi Azikiwe University, Awka. The center provides research on entrepreneurialism as well as education and training for youngsters.

The foundation also offers free healthcare and talks to all over the world about the impact of stroke and heart disease. It has educated millions of Nigerians for advice on how to live a healthier way of life.

Boards Where Stella Okoli Serves

She has served in a variety of capacities, including Nigeria’s Economic Summit of Nigeria and the Health Matters Advisory Boards of Nigeria.

Stella was the Vice President of Manufacturers Association of Nigeria and the Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture.

She was once Chairperson of both the Pharmaceutical Manufacturer Group and the Manufacturers Association of Nigeria. She was elected in 2010 to was a non-executive director for Guaranty Trust Bank.

Stella Okoli is a member of the Nigeria Industrial Policy and Competitiveness Advisory Council.

Stella Okoli Recognitions and Awards

• Honorary Doctor of Business Administration by Nnamdi Azikiwe University, Awka 2011
• International Women’s Entrepreneurial Challenge Award 2012
• Women of Distinction and Lifetime Achievers at ThisDay Annual Awards 2012
• Nigeria Royalty Awards 2013
• Business Person of the Year at the Sun Newspaper Awards 2016
• Africa Women Innovation and Entrepreneurship Forum 2017
• Silverbird Lifetime Achievement Award 2018

Watch Top Richest Women In Nigeria

Conclusion

A lot of Nigerian women have proven their worth through their hard work and loyal in their work. They have resulted in some women earning an honorable place on the list of the most wealthy women of Nigeria. This is a proof that wealth and success are not tied to neither gender.

In Nigeria, you can have access to some tremendous online MBA programs where you can study from the comfort of your home. This article will give you an insight into all you need to know about the MBA programs in Nigeria.

What is an MBA program?

An MBA program is a Masters in Business Administration that provides general management studies to students in finances, marketing, human resources, and other management strategies for management. 

A Master’s degree in Business Administration provides a flexible interaction between business experts and students. This practical knowledge enhances an excellent learning experience and produces competent graduates.

MBA programs give you practical experience in financial management, business consultancy, marketing management, and entrepreneurship. The best international business schools open the opportunities for these MBA degree programs. You can get chances for unique career choices through this program. 

If you look to make a successful business career, these programs would be valuable. 

Top 8 online MBA programs in Nigeria

The best online MBA programs offer you the luxury of virtual learning. The best of these programs are available in different institutions. You can choose from one of the best and enroll in it. Below, I have a list of 8 MBA programs you should consider.

1. Warwick Business School
2. Imperial College of London
3. UCL School of management 
4. Carnegie Mellon University’s Tepper School of Business
5. George Washington University
6. University of Northampton NBA
7. Ahmadu Bello University
8. Westford University

1. Warwick Business School

Warwick business school ranks as one of the best online MBA schools globally. The University started in the United Kingdom, and they provide a flexible learning experience to distant students. 

You also offer a 25% Scholarship with the Warwick business school as alumni. The University provides students with great courses and a consultancy project at the end of the day. 

The Warwick business school gives you practical assignments, tests, group presentations, and extraordinary learning techniques. This program lasts for two years. 

This University also provides access to one of the best technologies for students to participate in online learning. You can choose different study programs like the Full-time MBA, distance learning MBA, and executive MBA. 

2. Imperial College of London

The Imperial College of London is among the best universities in the UK and the world. It is also an excellent option to complete your MBA program in Nigeria. 

This University has a pre-study program that gives students access to foundation classes in Business. The program comes before the two-year online MBA courses. 

Online learning cannot be made more accessible with this college’s facilities. The Imperial College of London has a fascinating online platform that links to relevant studying materials. Their Global Experience week also allows you to connect to other students within your group.

3. UCL School of management

UCL school of management is another excellent online MBA program for business students. They have a unique global network with access to experts, which will benefit students who sign up. This school utilizes data, technology, and analytics to run its operations. 

The chance to interact with your peers is also available at the UCL school of management. The MBA program has 12 modules and fees. UCL school of management charges students per module completed. 

Within the two years of the program, you can build your business career in different areas. Electives like innovative management and entrepreneurship will provide valuable and helpful resources in business development. 

4. Carnegie Mellon University’s Tepper School of Business

The Tepper business school is one of the best tutoring online MBA programs. It has a STEM program known for quality and an outstanding reputation for producing excellent students from its programs.

The modules in this school focus on data and analytics. It also encourages making wise business decisions with the help of data. 

Asides from its academic brilliance, Tepper has a flexible system for all students studying remotely. The academic sessions run all year, and the programs last for up to 32 months.

5. George Washington University

This University is one of the best places to study an online MBA program in Nigeria. George Washington University has both a graduate and an undergraduate program. It has an accredited professional MBA program. 

This professional MBA program is online, and it only takes 21 months to complete. At this time, you have access to knowledge in finance, global management, consultation, government contracts, and healthcare administration. 

One significant part of their professional MBA program is the opportunity internship during the 21 months of study. 

6. University of Northampton MBA

The University of Northampton is among the top universities in the United Kingdom. The award-winning University is also an excellent destination for business administration programs. 

They have a top-notch academic syllabus that provides a Master’s degree in some major Business administration courses. The University of Northampton also offers a full-time and part-time study program. The part-time study program in the MBA for this University lasts about 18 months. 

With this business school, you get access to financial decision-making, strategic marketing, and managing operations. However, you have to meet the general requirements of 6.5 in the IELTS.

7. Ahmadu Bello University

Another reliable University that provides online MBA programs in Nigeria is the Ahmadu Bello University (ABU). This institution has an accredited Master’s degree program in Business Administration. 

ABU provides a reliable e-learning interface for students studying business courses online. They also have different examination centers spread across Nigeria. You can choose between the regular and the unique MBA, which is suitable for students with a poor foundation in Business. 

The regular MBA lasts for 18 to 24 months, while the exceptional MBA lasts 24 to 28 months.

8. Westford University

Westford University is an award-winning institution with a fantastic platform for working and regular professionals. It is also regarded as one of the best online MBA programs. 

The institution accommodates students into both graduate and postgraduate study programs. You can get access to International Business, Information technology, and financial management modules. 

Students have the opportunity to enjoy the freedom of the other student programs in this institution.

You can also major in healthcare management, shipping and logistics management, sales and marketing, and so on. The online MBA program at Westford university runs for only one year. 

Is the online MBA program worth it?

There are a lot of benefits you can get from the experience and learning period of this program. The institution aims at providing excellent knowledge and skills in significant courses in Business Administration. You have a chance to gain so much information and first-hand experience with experts in everything related to Business. 

The MBA programs develop you in so many ways, including;

• Exposure to the international ideology of global business management. 
• Improve your ability to solve complicated situations in global Business.
• Enhance your management skills across the business world
• Application of management skills to professional activities.

The Master’s degree in Business Administration develops students in many other areas that apply to the global society. It would be worth the fuss to invest in this program as it can build successful businesses.

Applying for online MBA programs in Nigeria

There are different online MBA programs in Nigeria. The institutions that offer these programs provide online application forms for interested candidates. However, you have to meet up to some of the requirements of these universities. 

English tests such as IELTS, TOEFL, and others are compulsory for applying for this program. The cost of enrollment into one of these institutions varies depending on the school. Some of these colleges give you the luxury of paying in installments. 

Other requirements that may apply are your previous degree or managerial experience. Metrics like your GPA and other grades may be used as requirements.  

Best schools for MBA in Nigeria

Studying Business Administration at the undergraduate level provides you with basic knowledge in management. If you wish to take a considerable step further in getting an MBA in Nigeria, you should consider some of these schools. The best business schools in Nigeria would offer excellent learning faculties and quality lecturers. 

Here are some of the best schools for MBA in Nigeria;

• Lagos Business School
• University of Lagos MBA
• Executive Business School
• The West Africa Business School
• The African Business School
• The GPE Business
• Rome Business School, Nigeria 
• The Metropolitan School of Business management
• The School of Business Entrepreneurship, American University of Nigeria

So, I have given you some critical information about the online MBA program. If you want to know more about this topic, check out the ‘Frequently Asked Questions and Answers’ Section below.

Frequently Asked Question and Answers

How long does an online MBA take to complete?

The duration of the online MBA program differs with the institution and other factors. The course of study is also another deciding factor of the duration of this program. However, it takes between one to three years to complete an MBA program. You also have a part-time and full-time type of study program. 

How many semesters does an MBA program have?

The number of semesters varies with the University. However,  an MBA program mostly has two semesters that run for every academic year. 

Does MBA require mathematics?

MBA programs do not necessarily require math. However, students should have good mathematical and analytical skills. 

Is online MBA programs worth it?

Online MBA programs are an excellent way to develop your knowledge in global business management. This program has assisted many students in managing successful businesses across the world. Enrolling in an online program would be a good investment into potentially beneficial knowledge.

Conclusion

You can access a Master’s degree in Business Administration full-time study online. And as I have listed in this article, many schools offer online MBA programs in Nigeria.

An advantage of this MBA program is that you can study from the comfort of your home.

Within 18 to 28 months, you can complete a Master’s degree in Business administration. Some of the Universities also offer internships during this period. If you are looking to develop your knowledge in Business Management, you can apply for an online MBA program.

So, here you have it! Everything you need to know about online MBA programs.

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Nigerian states and their Natural resources 

Nigeria has a lot of Natural resources across the country. These resources range from small to large deposits in each State. Below I will highlight the Natural resources in Nigeria across all the 36 states of the Federation. 

Abia State

Created in 1991, the southeastern State of Abia has Gold, Lead, and Salt deposits. The State is also rich in Oil/Gas.

Adamawa State

Adamawa is located towards the borders of Cameroon in the Northeast of Nigeria. The State has Natural resources such as; Bentonite, Gypsum, Kaolin, and Magnesite.

Akwa-Ibom State

Akwa-Ibom was created from Cross river state in 1987. The State is located in the South-South region of Nigeria, making it one of the Oil-rich states. Other mineral resources in the State include; Limestone, Salt, Lead/Zinc, and Uranium.

Anambra State

Anambra has a long list of Natural resources present in the State. They include; Limestone, Salt, Gypsum, Zinc, Lignite, Iron ore, and Phosphate. 

Bauchi State

The Northeastern State has small deposits of many natural resources. Some of these resources include; Lignite, Uranium, Limestone, Coal, Tin, Iron ore, and clay.

Bayelsa State

Like most states in the South-south region, Bayelsa is also an oil-rich state and has large deposits of Crude. It is also one of the oil-producing states in Nigeria. Bayelsa also has Lignite, Manganese, Uranium, Gypsum, and Limestone deposits.

Benue State

Benue state has a long list of natural resources present in deposits. They are; Barite, Clay, Lignite, Marble, Salt, Iron ore, Gemstone, Coal, and Limestone.

Borno State

The Northeast eastern state of Borno was created in 1976 and also has many natural resources in deposits. Borno has Kaolin, Limestone, Gypsum, Clay, Bentonite, Limestone, Hydro-carbon, etc.

Cross River State

Cross river state has a list of natural resources. They Include; Oil/Gas, Lignite, Uranium, Salt, Limestone, and Manganese.

Delta State

The south-south region of Delta has deposits of nine different natural resources. Oil and Gas, Kaolin, Iron ore, Marble, Lignite, Gypsum, Clay, and Glass-sand.

Ebonyi State

Ebonyi state has deposits of Gold, Lead/Zinc, and Salt. 

Edo State

Edo state is known to be rich in many different solid minerals. They include Clay, Dolomite, Bitumen, Limestone, Iron ore, Gold, Gypsum, Marble, Oil, and Gas.

Ekiti State

Located in the Southwestern region of Nigeria, Ekiti has deposits of some minerals. These resources are also available in commercial quantities. They include; Feldspar, Granite, Kaolin, Syenite, and Tatum.

Enugu State

Enugu is located in a hilly region of Southeast Nigeria. Popularly known as ‘Coal City,’ Enugu is rich in Coal, Lead, and Limestone. 

Gombe State

Gombe was created in 1996 from Bauchi State. The State has a deposit of Gemstone.

Imo State

Imo is rich in a lot of Solid minerals. They include; Gypsum, Limestone, Marcasite, Phosphate, Salt, etc. 

Kaduna State

Kaduna is said to have one of the highest numbers of solid minerals in Nigeria. The State has over 20 natural resources in deposits. Some of the natural resources present in Kaduna state include; Aquamarine, Asbestos, Rock crystals, granite, Ruby, Sapphire, Topaz, Tourmaline, etc.

Kano State

Kano is one of the oldest states in Nigeria. It was created in 1967. Kano has solid mineral deposits of Copper, Gemstone, Tantalite, Glass-sand, and Lead.

Katsina State

Katsina state has deposits of only Kaolin, Marble, and Salt.

Kebbi State

Kebbi State has the least number of mineral resources in the country. It only has deposits of Gold.

Kogi State

In Kogi State, you can find Kaolin, Feldspar, Gold, Iron ore, Mica, Marble, Talc, and Tantalite.

Kwara State

Kwara has Cassiterite, Feldspar, Gold, Iron ore, Marble, Tantalite, Mica, and Columbite.

Lagos State

Lagos has deposits of Bitumen, Clay, and Glass-sand. Although Lagos is the wealthiest State, the State has one of the least natural resources in Nigeria.

Nasarawa State

Nasarawa has one of the highest mineral resources in the country. These resources include Amethyst, Barytex, Barite, Feldspar, Talc, Dolomite, Marble, and many others.

Niger State

Niger was created in 1976 from the North-western State. It has only three natural resources, one of the least in Nigeria. Gold, Lead, and Talc.

Ogun State

In Ogun State, you can find Kaolin, Limestone, Feldspar, Bitumen, Phosphate, and Gemstone.

Ondo State

Ondo state is rich in different types of solid minerals. They include; Bitumen, Clay, Dimension stones, Feldspar, Gemstone, Limestone, Oil, Glass-sand, Granite, and Coal.

Osun State

Osun has solid minerals like Columbite, Gold, Granite, Talc, Tantalite, and Tourmaline. 

Oyo State

Oyo State has Cassiterite, Aquamarine, Gemstone, Gold, Kaolin, Talc, Tantalite, etc.

Plateau State

Plateau state has the highest natural resources in the country. The State is deposited with 23 mineral resources. Some of these minerals include; Salt, Bentonite, Barite, Fluorite, Marble, Tin, Iron ore, Granite, Gemstone, and other minerals. 

Rivers State

Rivers State is one of the oil-rich states in Nigeria. Other mineral resources in the State include; Marble, Lignite, and Clay.

Sokoto State

The Northern State of Sokoto has Gypsum, Granite, Kaolin, Limestone, Clay, Potash, Salt, among others.

Yobe State

Yobe has two mineral resources in deposits. They are Soda Ash and Tintomite. 

Zamfara State

Zamfara State has deposits of Gold, Cotton, and Coal. 

Federal Capital Territory (FCT) Abuja

The capital city of Nigeria also has some deposits of natural resources. These natural resources include; Dolomite, Clay, Cassiterite, Marble, Tantalite, Gold, Lead, and Zinc.

These are the natural resources in Nigeria across all 36 states. These minerals provide economic importance one way or the other to Nigeria. 

Nigeria is an oil-producing country, and abundant Oil in Nigeria cannot be overemphasized. 

However, the other minerals present across Nigeria also have their significant importance. In the next section, I will talk about the uses of some of the minerals present in Nigeria.

Top 10 Natural Resources in Nigeria and their Uses

Each of the natural resources we have listed from the states in Nigeria all has its importance. Below are the top mineral resources in Nigeria and their uses.

1. Oil/Gas

Oil and Gas is the primary source of sustenance for the Nigerian economy. It finds a lot of meaningful use in the industries and refineries. They include;

• Oil and Gas can be used for making fuels, Hydro-carbon gas liquids, Propane petrol, Kerosene, etc.
• They are also used for heating oil.

Oil/Gas is Nigeria’s most valuable natural resource. In Nigeria, Oil/Gas is available in Abia, Akwa-Ibom, Imo, Edo, Cross River, and Ondo. They are also available in commercial quantities in Rivers and Bayelsa states. 

2. Gold

Gold is one of the most in-demand natural resources in the World. It has so many uses, including making jewelry, Glassmaking, Aerospace, producing medals, etc. It is also a costly asset across the globe. 

Gold is found in Kebbi, Kaduna, Niger, and some other parts of Nigeria.

3. Bitumen

Nigeria has a large deposit of Bitumen. The West African Nation has the second largest deposit of this mineral in the World. Bitumen has a lot of uses in engineering and construction. The following are some of the importance of Bitumen;

• Roofing and Soundproofing
• Bitumen is very important in constructing roads and railways.
• They are also used for making Shoe soles.
• Bitumen can be used as an agent in disinfectant chemicals.

There are many other uses of these natural resources across Nigeria and the World. In Nigeria, you can find Bitumen in Edo, Lagos, Ogun, and Ondo states.

4. Coal

Coal is one of the minerals that Nigeria has in good quantity. Coal has different uses as it contains elements such as Carbon, Hydrogen, and Sulphur. This mineral is significant in generating electricity, Cement manufacturing, and steel production. Coal also finds its relevance in domestic activities like cooking.

Coal is primarily found in the Enugu state. There are deposits in Benue, Bauchi, Nasarawa, and the Plateau States.

5. Limestone

This solid mineral is an essential resource in Nigeria as it is vital in construction. Limestone is used for the following purposes;

• Construction of concrete buildings
• Cement production
• Industries and Agriculture

This mineral is mostly Calcium Carbonate, and you can find them in Benue, Bauchi, Akwa-Ibom, Sokoto, and a few other states in Nigeria.

6. Tin 

Tin is a metallic element with a lot of industrial relevance and importance.
Some of the uses of Tin include;

• Soldering
• Tin-plating
• Tin is used to power Lead-Acid batteries

You can find Tin mostly in the Bauchi and Plateau states of Nigeria.

7. Salt 

Salt is one of the most vital components of an element that the human body needs. It contains Sodium Chloride and has a lot of importance in various areas across the World. The uses of this element include the following;

• Production of Chlorine and Sodium hydroxide 
• Food preservation and flavoring
• Production of plastics
•  Manufacturing of Paper pulp.

Salt is available in different parts of Nigeria, including; Benue, Plateau, Cross River, Katsina, Nassarawa, Sokoto, Imo, Abia, and Akwa-Ibom.

8. Uranium

Uranium is an element that has massive importance in radioactivity and electrical power. This element is present in Bauchi, Kano, Plateau, Taraba, Cross River, and other Nigerian states. Below are some of the uses of Uranium.

• Uranium can be used as smoke detectors
• Generation of power
• Medical uses
• They are used for Nuclear power plants

9. Clay

Clay helps make different materials. They are found in a lot of states across Nigeria. Some of the uses of clay are;

• Clay is used for making pots.
• Clay is also vital in the making of bricks.

10. Gypsum

Gypsum is an element that belongs to the sulfate family. It also has various uses in different areas of life. The benefits of Gypsum include the following;

• Gypsum is used as an additive to food and turbid water
• Production of cement
• Making blocks
• They are also used in toothpaste. 

You can find Gypsum in Anambra, Adamawa, Bauchi, Bayelsa, Benue, Borno, Edo, Gombe, Delta, Imo, and Sokoto states.

Frequently Asked Questions and Answers

How much Oil does Nigeria have?

Nigeria is one of the largest oil-producing nations in the World. 9% of Nigeria’s GDP comes from Crude Oil. The West African country produces 2.5 million barrels of oil per day.

How much Coal does Enugu have?

Enugu has the largest deposit of Coal in Nigeria. The Northeastern State has about 3 billion tons of Coal. 

Which country in Nigeria has the highest deposit of natural resources.

The 36 states of the Federation have many mineral resources. From Oil to Coal, Limestone, salts, and other minerals. However, Plateau state has the highest mineral deposits in Nigeria than any other state. The North-central State has about 23 different mineral resources.

Conclusion

The natural resources in Nigeria are located across all the states. Although Nigeria is known for high oil production, other mineral resources are present. These minerals are present in large and small quantities. 

With Oil mainly in the southern part of Nigeria, recent discoveries have also seen deposits of Crude in the North. 

So, I believe you know the mineral resources in Nigeria and their locations.

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