Update: We want to state categorically that this list has nothing to do with the Forbes list. We are not affiliated with Forbes and did not source this content from Forbes. We did our own research before coming up with this list. Secondly, our list is strictly focused on entrepreneurs / business owners whose businesses can be ascertained; not politicians. Thank you.
The criteria for coming up with this list
Most of you may be wondering the criteria or benchmark on which I compiled this list of richest people in Nigeria. Well, I compiled this list based on the following criteria:
- By the value of their shares held in quoted companies.
- The size and market share of their companies
- The number of companies they own and its assumed value
- The market value of their company’s brand
- The impact of their companies on the Nigerian economy
Update: We want to state categorically that this list has nothing to do with the Forbes list. We are not affiliated with Forbes and did not source this content from Forbes. We did our own research before coming up with this list. Secondly, our list is strictly focused on entrepreneurs / business owners whose businesses can be ascertained; not politicians. Thank you.
The criteria for coming up with this list
Most of you may be wondering the criteria or benchmark on which I compiled this list of richest people in Nigeria. Well, I compiled this list based on the following criteria:
- By the value of their shares held in quoted companies.
- The size and market share of their companies
- The number of companies they own and its assumed value
- The market value of their company’s brand
- The impact of their companies on the Nigerian economy
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