Is nnewi the richest town in nigeria Nnewi is a town located in Anambra State, southeastern Nigeria. dealing with cars and car parts. Mar 21, 2025 · Being the fourth urban town after the richest Nnewi, Onitsha, and Awka, this area is attractive to residents from across the state and Nigeria. By this I mean the town with the highest number of the wealthy both home and abroad. Nnewi: A Small Town of many Igbo Billionaires. Mar 6, 2025 · Innocent Chukwuma is among the richest billionaires in Nigeria, if you must rank them by net worth. See full list on legit. The people of this Igbo town are naturally entrepreneurial. Sep 21, 2023 · Top 10 Nnewi Billionaires The vast majority of the richest individuals in Nigeria, particularly among the Igbo people group, come from Anambra State, situated in the southeastern piece of the country. Nnewi South LGA consists of the towns and villages of Ezinifite , Utuh, Ebenator, Osumenyi, Amichi, Unubi, Ekwulumili, and Azigbo. Ngwo is the richest town in Enugu State when all the criteria mentioned earlier are put into consideration. Aug 7, 2017 · Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. Top 10 Richest Men in Nigeria in 2025 (Forbes) - Nigerian Finder Feb 17, 2023 · There is the popular city of Nnewi that has produced lots of wealthy entrepreneurs, while within 30 minutes is the commercial city of Onitsha. He is a very successful entrepreneur and businessman based in Lagos, Nigeria. His company is famous for making top local vehicles. Oct 26, 2023 · Richest man in Nnewi – Top 10 (updated) The vast majority of the richest individuals in Nigeria, particularly among the Igbo people group, come from Anambra State, situated in the southeastern piece of the country. Naturally, he is also from Anambra state and was born in the town of Nnewi, where the billionaires live. Ngwo . Aug 13, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Nnewi . He is the owner of the popular Coscharis Group, the leading car company in the country and official Ford marketer and distributor. It hosts the biggest bike and motorcycle market in West Africa. Currently it encompasses Nnewi North and Nnewi South local government areas. In Nnewi, there are factories for the production of household goods, the largest transport companies in Nigeria. 1. Cletus Ibeto (Otherwise known as Ibeto Concrete): Mar 27, 2025 · The State got its name from the River Anambra, one of the longest rivers in Nigeria and it is also an oil producing state. The town is renowned for its industrial and commercial activities, and it is credited with having the highest number of billionaires in a single town in Anambra state. 5 million residents. Source: (Forbes, The Small Town Of The Super Rich) You are referring to individual wealth. Among its many urban centers, several cities stand out for their significant wealth, economic activities, and modern infrastructure. Apr 3, 2025 · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. It is a well-known commercial hub with an estimated population of over 900,000 people in 2019 and also placed as one of the fastest-growing cities in Africa, with a growth index of 5. Nigeria, Africa’s largest economy, is a nation of diverse landscapes, rich cultures, and vibrant cities. Jul 9, 2012 · From personal interaction, I believe the richest town in Igboland is Nnewi. Cosmas Maduka hails from Nnewi, the town with the highest number of billionaire richest men in Nigeria. Source: (Forbes, The Small Town Of The Super Rich) Mar 10, 2025 · Nearly half of Nigeria's wealthiest live in Lagos, as the country itself has 8,200 millionaires and three billionaires, making it Africa's third wealthiest country, behind South Africa and Egypt. There are also a lot of wealthy people from this town or resident in it. Nnewi is the richest town in Anambra State when the towns in the state is judged by development and wealth distribution of residents and indigenes. Nov 23, 2023 · Nnewi, a town in Anambra State in Nigeria’s southeastern region, has produced more naira billionaires than any other town in the country, and maybe Africa. Jun 28, 2024 · The richest state in Igbo Land presently is Anambra State with the total revenue of about N30. 18%. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding president of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II The royal honor came after he Mar 20, 2024 · Cletus Ibeto is considered the richest man in Nnewi, Anambra state. Anambra State is the economic hub of the South Eastern States. Nnewi is a town located in Anambra state; south eastern Nigeria. Within this vast nation, several cities have emerged as centres of economic prowess, generating substantial wealth and contributing to the overall development of the country. Nnewi, a commercial town in Anambra south senatorial district, is often rated as the richest town in Anambra state. Aug 6, 2020 · Nnewi produced the first billionaire in Nigeria, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE). The town hosts the Ninth Mile area, Ngwo hills, and some parts of Enugu city, especially the highly commerical areas. Jan 15, 2025 · Unsurprisingly, he is also from Anambra state and was born in Nnewi, the richest town in Nigeria with billionaire business men. Nnewi town is regarded as Japan of Africa. May 18, 2024 · Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. Nnewi is also one of the largest towns in Anambra State. May 6, 2020 · Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. Sir Joseph Ezeokafor, MD Jezco group is the most prominent son of the town. Which town is the richest in Igboland? The richest town in Igboland is undoubtebly Nnewi, also known as … Which is the richest state in Igbo land? Read More » Mar 11, 2025 · The young monarch is both successful and social. The other rich but smaller town is Abiriba then Nkwerre. Anambra has lowest poverty rate in Nigeria. Onitsha and Nnewi are the biggest commercial and industrial cities, respectively. Notable people from Anambra State include Nnamdi Azikiwe, First President of Nigeria; Chuba Okadigbo, Former Senate President of Nigeria, Dora Akunyili, Former Director-General of NAFDAC and Former Minister of Information and Communication; Chukwuma Soludo, Former Governor Apr 12, 2025 · It is one of the most commercialized towns in Anambra State. Apr 6, 2025 · This post is the most credible ranking of Anambra state richest men and people. Among these, a critical number are from Nnewi, a town inside Anambra State. The Richest Towns in Enugu State . The revered Nnewi monarch is one of the most respected kings in southeast Nigeria. Innocent Chukwuma is the head and Chief Executive Officer of The Innoson Group. The town has about 2. However, in the decade from 2013 to 2023, Lagos' millionaire population shrunk by 48%, the biggest drop seen among all the top 20 cities on the list. The Igbos, who sometimes refer to themselves as the ‘Jews of Africa’, have entrepreneurship in their blood. I will like to have a picture of those quality mansions scattered across these towns. Nnewi is reputed to have the highest number of naira billionaires in Nigeria as a town. I n March 1988, he shifted from direct importation to manufacturing by establishing his factory in Nnewi. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding president of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II. Jan 2, 2019 · A first timer to Nnewi will indeed be intimidated by the massive residential mansions that line the wee little village. Nnewi. According to Forbes, these are the 10 top billionaires in Nigeria that are from Nnewi, Anambra State. The city spans over 200 square miles with one Apr 7, 2025 · Mr. In just one generation, the town has produced many male billionaires that have laid the foundation for many others to emerge. Nnewi as a town doesn't look like the picture you are trying to paint. His estimated net worth is put at $800 million. Jun 12, 2024 · Evidently, Nnewi has bred some of the notable Nigerian billionaires more than other towns in Nigeria and in Africa at large. He is a Nigerian businessman who started his career as a spare parts import dealer in his hometown. . ng Aug 11, 2017 · The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. The 8 Richest Cities In Nigeria: A Glimpse Into Wealth And Prosperity. Consisting of 9 villages, Ekwusigo has several resorts, many hotels, a big park, educational institutions, and other places for people to enjoy. Igwe Orizu ( Igwe Nnewi – $2 Million) One of the richest Kings and monarchs in Anambra state is Igwe Orizu of Nnewi town. Cletus Ibeto (Otherwise known as Ibeto Concrete): Cletus Ibeto is […] Richest Towns in Anambra State . 9 billion. Who is the richest man in Anambra has remained contentious for sometime,owing to number of billionaires from Anambra state. It is also the state with highest number of richest men in Nigeria. The town of Ukpor serves as the administrative center for Nnewi South Local Government Area, which is located in Anambra State in Nigeria's South-East Geopolitical Zone. ypoda ucyzw luua higz opfalo awrj sbazp qmlvhqzn bcgl vzwwzdyb svgqtk ldxfiejh xny nukfk hdxj