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Top 20 Nigerian Entrepreneurs Transforming the Business Landscape in 2023

Updated: Dec 2, 2023

Nigeria's entrepreneurial landscape is booming, with innovative leaders driving significant changes in various sectors. In 2023, these 20 Nigerian entrepreneurs are not just influencing the nation's economy but are also setting new standards in their respective industries. This article highlights their achievements and the positive impact they have on Nigeria's business ecosystem.


Top 20 Nigerian Entrepreneurs

1. Aliko Dangote - Dangote Group

Aliko Dangote, the founder of Dangote Group, a multinational industrial conglomerate, is a prominent figure in Africa's business world. His company's vast array of projects, including a multi-billion-dollar refinery project, significantly impacts Nigeria's industrial and economic development.


2. Folorunsho Alakija - Famfa Oil

Folorunsho Alakija, the vice-chair of Famfa Oil, plays a crucial role in the Nigerian oil sector. Her company's operations contribute significantly to national oil production, highlighting her influence in this vital industry.


3. Mike Adenuga - Globacom & Conoil

Mike Adenuga is the force behind Globacom, Nigeria's second-largest telecom operator, and Conoil. Globacom's extensive subscriber base and its contributions to telecommunications underscore Adenuga's impact on the Nigerian economy.


4. Jason Njoku - IrokoTV

Jason Njoku, the founder of IrokoTV, has transformed how African entertainment is consumed globally. With millions of subscribers, IrokoTV has successfully brought Nollywood to an international audience, raising substantial funding and increasing the global reach of African content.


5. Mo Abudu - EbonyLife TV

Mo Abudu's EbonyLife TV is a trailblazer in redefining African television content. Broadcasting in over 50 countries, EbonyLife TV has created partnerships with international studios, showcasing Nigerian creativity globally.


6. Tony Elumelu - Heirs Holdings & The Tony Elumelu Foundation

Tony Elumelu, through Heirs Holdings and the Tony Elumelu Foundation, has been a champion of 'Africapitalism.' His foundation supports thousands of entrepreneurs across Africa with capital, training, and mentorship, fostering a robust entrepreneurial ecosystem.


7. Tayo Oviosu - Paga

Tayo Oviosu's Paga is at the forefront of Nigeria's fintech revolution. With millions of users and a significant volume of transactions, Paga simplifies financial services and fosters financial inclusion in Nigeria.


8. Ndidi Nwuneli - AACE Foods

Ndidi Nwuneli, co-founder of AACE Foods, is a significant figure in Nigeria's agricultural sector. AACE Foods sources from local farmers, promoting sustainable agriculture and contributing to food security in Nigeria. Nwuneli's dedication to empowering farmers and her focus on innovative agricultural practices has been instrumental in reshaping the agribusiness landscape.


9. Sim Shagaya - Konga & uLesson

Sim Shagaya, the entrepreneur behind Konga, one of Nigeria's largest e-commerce platforms, and uLesson, an educational technology venture, has been pivotal in driving digital transformation in Nigeria. His ventures have not only enhanced online retail and education in Nigeria but have also contributed to the digital economy's growth.


10. Amy Jadesimi - LADOL

Dr Amy Jadesimi is the managing director of Lagos Deep Offshore Logistics Base (LADOL), a key player in Nigeria's oil and gas sector. Under her leadership, LADOL has become a hub for industrial activities and has played a vital role in supporting the local economy through job creation and sustainable business practices.


11. Bola Ray - EIB Network & Empire Entertainment

Bola Ray, a renowned figure in the media and entertainment industry, is the CEO of EIB Network and founder of Empire Entertainment. His influence extends across television, radio, and event management, contributing to the growth and diversification of Nigeria's entertainment landscape.


12. Florence Seriki - Omatek Ventures

Florence Seriki, the founder of Omatek Ventures, is recognized for her contributions to Nigeria's technology sector. Omatek Ventures is known for being the first African company to manufacture computers and other technology products, significantly impacting local technological advancement and innovation.


13. Obinna Ekezie - Wakanow

Obinna Ekezie, the founder of Wakanow, has transformed the travel and tourism industry in Nigeria. Wakanow, as one of the country's leading travel agencies, provides innovative and customer-centric travel solutions, contributing to the growth of Nigeria's tourism sector.


14. Bilikiss Adebiyi-Abiola - Wecyclers

Bilikiss Adebiyi-Abiola, the founder of Wecyclers, has made significant strides in the area of waste management and recycling. Wecyclers, through its innovative model, addresses urban waste issues, promotes recycling, and supports environmental sustainability in Nigeria.


15. Kola Karim - Shoreline Energy International

Kola Karim, the CEO of Shoreline Energy International, has been a driving force in Nigeria's energy sector. Shoreline Energy's operations in power generation, energy distribution, and infrastructure development play a critical role in meeting Nigeria's energy needs.


16. Oberaifo Udoh - Vines Realty Afrique Limited

Oberaifo Udoh, the MD of Vines Realty, is reshaping Nigeria's luxury real estate and construction sector. Vines Realty is known for its high-end and innovative residential and commercial developments, which are changing the skyline of major cities like Lagos. He specializes in Business Strategy, B2B, SME and start-up Strategy, Digital Transformation, and Wealth Management. He is also a public speaker and poet, holding leadership roles in various companies, including VINES REALTY ADVISORY & CONSULTANCY SERVICES LTD, TRAVELY, and OBERAIFO UDOH CONSULTS LTD.


17. Ola Orekunrin - Flying Doctors Nigeria

Dr. Ola Orekunrin, founder of Flying Doctors Nigeria, has revolutionized medical emergency services in Nigeria. Her company provides air ambulance services and critical care, significantly improving the healthcare landscape in Nigeria and saving countless lives with their timely interventions.


18. Temie Giwa-Tubosun - LifeBank

Temie Giwa-Tubosun is the founder of LifeBank, a health technology company focused on improving access to blood transfusions in Nigeria. Her innovative approach to addressing blood shortages has had a substantial impact on healthcare delivery, particularly in emergency and surgical care.


19. Afua Osei and Yasmin Belo-Osagie - She Leads Africa

Co-founders Afua Osei and Yasmin Belo-Osagie have created a significant impact with She Leads Africa, a platform supporting women entrepreneurs in Africa. Their work involves providing training, resources, and a supportive network, empowering women to play a pivotal role in Africa's economic development.


20. Iyinoluwa Aboyeji - Flutterwave & Andela

Iyinoluwa Aboyeji, co-founder of Flutterwave and Andela, has been instrumental in the growth of Africa's tech ecosystem. Flutterwave's innovative payment solutions have facilitated smoother financial transactions across the continent, while Andela trains software developers, linking them with global tech companies.


Conclusion:

The entrepreneurial landscape in Nigeria is rich and varied, with these 20 individuals leading the way in their respective fields. Their innovations and business acumen have not only contributed to Nigeria's economic development but have also provided inspiration and opportunities for the next generation of Nigerian entrepreneurs. As these leaders continue to push boundaries and innovate, they pave the way for a more prosperous and technologically advanced Nigeria

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