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Saturday, November 15, 2014

Nigeria's Newest Billionaires

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Add BBN on 2BAFB965 Business Magazine, Ventures Africa has revealed Nigeria has FOUR new billionaires and they are not talking about Naira, billionaires in Dollars. Ventures Africa wealth research revealed the names and source of income of the new billionaires.
Cletus Ibeto – Net Worth – ($3.7 billion) – founder of multi-faceted Ibeto Group.
Ibeto‎ is Nigerian businessman from the industrial city of Nnewi. He is head of The Ibeto Group, the largest business enterprise fromNnewi, a city unique for its entrepreneurial spirit.‎

Benedict Peters – Net Worth – ($2.7 billion), an oil magnate.
After decades of labouring in the oil and gas business, Benedict Peters is now reaping the fruits of his labour. His Aiteo group is one of the fastest growing local players in Nigeria's upstream and downstream oil sectors.  

Tony Elumelu – Net Worth – ($1.6 billion), a serial investor and philanthropist.
Tony is the chairman of UBA Group, one of Africa's most successful banks; Heirs Holdings, an investment company; and Transnational Corporation (TRANSCORP Plc), a conglomerate with investments in hospitality, oil, agriculture, and logistics.

Akanimo Udofia – Net Worth-  ($1 billion) – an Oil Trader.
Based in Toronto, Canada, but that hasn't stopped his Desicon Group, an engineering, procurement and construction services company, from becoming one of the major servicers of Nigeria's oil and gasindustry. 

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