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Meet 10 silent Billionaires in Nigeria – These men control Nigeria’s economy (With Pictures)

5. Pascal Dozie – MTN Nigeria, Diamond Bank:

Pascal-Dozie

Pascal Dozie was born to a country court interpreter in Owerri Imo state on April 9, 1939. He established Diamond Bank which commenced operations in 1991 and the multi-billionaire has once revealed in an interview that the first customer was his wife. He pioneered electronic transfers in Nigeria to enable traders transfer their cash easily without having to carry it around. The real source of his wealth came when a South African cellphone company, MTN partnered with him to setup a cellphone network in the Nigerian market. Taking the huge risk at the time, he raised the necessary funds with MTN completing the rest and today Nigerians can attest to the success of MTN Nigeria. He is currently Chairman of MTN Nigeria and is a founding partner of Africa Capital Alliance, the first Nigerian private equity fund manager.

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