A Forbes Africa story has said that Nnewi in Anambra state houses the most number of Naira-billionaires in the country.

According to Forbes, Nnewi also produced the first billionaire in the country, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE), and was knighted by Queen Elizabeth II in 1960.

His son, Chukwuemeka Ojukwu, who led Biafra to the Nigerian Civil War, was also a billionaire from the city.


Nnewi, nicknamed the Japan of Africa, is home to several automobile spare-parts dealers, and houses the assembly plant of Nigerian car maker Innoson Motors.

The 9 most prominent Naira-billionaires from Nnewi are listed as:

Cletus Ibeto, who started out as an apprentice to an automobile spare-parts dealer. He ended the importation of lead acid car batteries in Nigeria in the late 80s, and founded Ibeto Group, a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement.

Cosmas Maduka dropped out of school to sell akara (bean cake). He is the founder of Coscharis Group, one of the country’s foremost car dealerships.

Innocent Chukwuma is another school dropout. He went on to found Innoson Motors, makers of SUVs, commercial vehicles and passenger cars.

Gabriel Chukwuma is the elder brother of Innocent Chukwuma. He has investments in sports, real estate, and the hospitality sector.

Alexander Chika Okafor is the founder and chairman of Chicason Industries, a conglomerate that deals in mining, manufacturing, and real estate in Nigeria and Sierra Leone.

Augustine Ilodibe pioneered the interstate luxury bus transport service. After helping organize vehicles for the Biafran side during the civil war, he established Ekene Dili Chukwu Transport, then diversified into brewery and agriculture.

Ifeanyi Ubah‘s wealth comes from investments in oil and gas, as well as exportation of motor spare parts. He also owns the Nigerian Premier League football clube Ifeanyi Ubah FC.

Louis Onwugbenu is the head of Louis Carter Industries. He sold spare-parts under the Carter Bridge in Lagos, before diversifying into manufacturing car batteries and pipe fittings, agriculture, food processing, real estate.

Obiajulu Uzodike is a Harvard Business School alumnus whose cable company Cutix Nigeria was the first indigenous company in the South-East to be listed in the Nigerian Stock Exchange.

You can read the Forbes story HERE: https://www.forbesafrica.com/wealth/2017/08/07/small-town-super-rich/


CC: Seun
Lalasticlala
et al.

Cue:
A Forbes Africa story has said that Nnewi in Anambra state houses the most number of Naira-billionaires in the country.

According to Forbes, Nnewi also produced the first billionaire in the country, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE), and was knighted by Queen Elizabeth II in 1960.

His son, Chukwuemeka Ojukwu, who led Biafra to the Nigerian Civil War, was also a billionaire from the city.


Nnewi, nicknamed the Japan of Africa, is home to several automobile spare-parts dealers, and houses the assembly plant of Nigerian car maker Innoson Motors.

The 9 most prominent Naira-billionaires from Nnewi are listed as:

Cletus Ibeto, who started out as an apprentice to an automobile spare-parts dealer. He ended the importation of lead acid car batteries in Nigeria in the late 80s, and founded Ibeto Group, a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement.

Cosmas Maduka dropped out of school to sell akara (bean cake). He is the founder of Coscharis Group, one of the country’s foremost car dealerships.

Innocent Chukwuma is another school dropout. He went on to found Innoson Motors, makers of SUVs, commercial vehicles and passenger cars.

Gabriel Chukwuma is the elder brother of Innocent Chukwuma. He has investments in sports, real estate, and the hospitality sector.

Alexander Chika Okafor is the founder and chairman of Chicason Industries, a conglomerate that deals in mining, manufacturing, and real estate in Nigeria and Sierra Leone.

Augustine Ilodibe pioneered the interstate luxury bus transport service. After helping organize vehicles for the Biafran side during the civil war, he established Ekene Dili Chukwu Transport, then diversified into brewery and agriculture.

Ifeanyi Ubah‘s wealth comes from investments in oil and gas, as well as exportation of motor spare parts. He also owns the Nigerian Premier League football clube Ifeanyi Ubah FC.

Louis Onwugbenu is the head of Louis Carter Industries. He sold spare-parts under the Carter Bridge in Lagos, before diversifying into manufacturing car batteries and pipe fittings, agriculture, food processing, real estate.

Obiajulu Uzodike is a Harvard Business School alumnus whose cable company Cutix Nigeria was the first indigenous company in the South-East to be listed in the Nigerian Stock Exchange.

You can read the Forbes story HERE: https://www.forbesafrica.com/wealth/2017/08/07/small-town-super-rich/


CC: Seun
Lalasticlala
et al.

calculate all the rich men worth together and minus it from adenuga. worth and see they re paupers the richest town in Nigeria is ijebu

How many are still alive?

Intimidating records. Thank God I'm Igbo. Igbo mmamma nu.

tukdi:
How many are still alive?

All are well alive except Louis Ojukwu

All N Nigeria

Forbes is an iPod yoot ...according to the pained demented afonja souls

I reserve my comments

If nigeria people will work hard like this Nnewi people nigeria will become Japan.

Ibo and piracy. The site is a blog na.. Lol.

The real site is http://www.forbes.com

So after all the noise about Igbo's & other Nigerians making lots of money of what relevant is that to what is happening to all Nigerians today! Useless tribalistic chest beating post. Gorilla & apes mentality!!!

Cybercrime and drug pushers billionaires abi?

Remove Ifeanyi Ubah

I attended a conference some years ago when a lady stated the same about a town in Nigeria.

I was so pleased until she ended up about nefarious activities that brought the wealth.

Bunch of hypocrites. They cannot stand a rich black man.

Damnnnnn niggarrr
Isoright

Cyber squatting! Whoever owns the blog has no idea that he is in soup for imitating a global brand.

First, THE REAL FORBES doesn't use the Zox News Theme and its website is not 'forbesafrica'.

Imitating a popular name is a serious offence and it was the reason Facebook got into a clash with namecheap recently.

Fake news.


The real Forbes don't make this kind of categorization.

Cue:
A Forbes Africa story has said that Nnewi in Anambra state houses the most number of Naira-billionaires in the country.

According to Forbes, Nnewi also produced the first billionaire in the country, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE), and was knighted by Queen Elizabeth II in 1960.

His son, Chukwuemeka Ojukwu, who led Biafra to the Nigerian Civil War, was also a billionaire from the city.


Nnewi, nicknamed the Japan of Africa, is home to several automobile spare-parts dealers, and houses the assembly plant of Nigerian car maker Innoson Motors.

The 9 most prominent Naira-billionaires from Nnewi are listed as:

Cletus Ibeto, who started out as an apprentice to an automobile spare-parts dealer. He ended the importation of lead acid car batteries in Nigeria in the late 80s, and founded Ibeto Group, a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement.

Cosmas Maduka dropped out of school to sell akara (bean cake). He is the founder of Coscharis Group, one of the country’s foremost car dealerships.

Innocent Chukwuma is another school dropout. He went on to found Innoson Motors, makers of SUVs, commercial vehicles and passenger cars.

Gabriel Chukwuma is the elder brother of Innocent Chukwuma. He has investments in sports, real estate, and the hospitality sector.

Alexander Chika Okafor is the founder and chairman of Chicason Industries, a conglomerate that deals in mining, manufacturing, and real estate in Nigeria and Sierra Leone.

Augustine Ilodibe pioneered the interstate luxury bus transport service. After helping organize vehicles for the Biafran side during the civil war, he established Ekene Dili Chukwu Transport, then diversified into brewery and agriculture.

Ifeanyi Ubah‘s wealth comes from investments in oil and gas, as well as exportation of motor spare parts. He also owns the Nigerian Premier League football clube Ifeanyi Ubah FC.

Louis Onwugbenu is the head of Louis Carter Industries. He sold spare-parts under the Carter Bridge in Lagos, before diversifying into manufacturing car batteries and pipe fittings, agriculture, food processing, real estate.

Obiajulu Uzodike is a Harvard Business School alumnus whose cable company Cutix Nigeria was the first indigenous company in the South-East to be listed in the Nigerian Stock Exchange.

You can read the Forbes story HERE: https://www.forbesafrica.com/wealth/2017/08/07/small-town-super-rich/


CC: Seun
Lalasticlala
et al.

So na this topic dey worry u in midst of covid-19 ?


please lalasticlala Mynd44

move this to business section.

Yet the village is backwards. I served in Onitsha-Owerri Expressway and I went to Nnewi regularly

tundemoney:
So after all the noise about Igbo's & other Nigerians making lots of money of what relevant is that to what is happening to all Nigerians today! Useless tribalistic chest beating post. Gorilla & apes mentality!!!

Go and make your own money.

Poverty is a choice.

APCNig:
Yet the village is backwards. I served in Onitsha-Owerri Expressway and I went to Nnewi regularly

You served in onitsha expressway

I served in Lagos-Ibadan express road and I visit ojota and shagamu daily...

These places are slum..

I have been hearing this fake news about Nigeria stock exchange which some igbo claim that it was established by one Louis Odumegwu Ojukwu... Anyway I will open thread on that when I have enough time.

Nnewi,Japan of Africa
The article said no such thing as it having the highest number bof billionaires.