Top successful female entrepreneurs in Nigeria & what they do (2022)

by Abdulrazaq
Top successful female entrepreneurs in Nigeria & what they produce

If you want to meet the group of both male and female successful entrepreneurs in Nigeria at any time in Nigeria for now, you can meet their thousands or even millions. The aim of writing this article is just to simply discuss with you top successful female entrepreneurs in Nigeria in 2022

In olden days, entrepreneur is the title which had appeared to be for a men only. In Nigeria as a developing country, we have now got uncountable number of female entrepreneurs from different industries.

Today’s article will show you the list of top notable female entrepreneurs in Nigeria with more important information about them, their net worth and what they do or service they offer which make them to be known globally as a successful entrepreneur.

An entrepreneurs are the people who spend their money, time or everything they have believing that they will make a profit in Future. Nigeria is one of the countries which houses a lot of hardworking entrepreneurs whose success stories are inspiring other intending entrepreneurs.

The successful entrepreneurs who we are going to discuss with you today paid their dues before getting to the point they are today.

Top successful female entrepreneurs in Nigeria and their occupation

Now, the list and explanation (more information about) of top successful female entrepreneurs in Nigeria are discussed below one by one.

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Top succesful female Nigerian entrepreneurs are:

Deola Sagoe, founder of Deola

Deola Sagoe is the founder of Deola, the leading lady of African haute couture fashion from Ondo State in Nigeria.

She has been at the cutting edge of high fashion since 1989 and became the first black woman to present a collection at AltaRoma, Rome’s celebrated fashion week, back in 2004.

Her globally appealing style has made her become an enviable person that ranges from Africa’s first ladies.

Deola has given birth to three children. She studied in University of Miami and University of Lagos.

She has got a Masters degree certificate in Finance and Management.

Full nameDeola Ade-Ojo
Born on and in21 August 1966
Ondo state, Nigeria
Alma materUniversity of Miami and University of Lagos
Occupationfashion designer
Years active1989 – present
HusbandKofi Sagoe​​

Reni Folawiyo, founder of Alara, Nigeria

Reni Folawiyo is the founder and CEO of the luxury concept store Alara, located at Victoria Island in Lagos state Nigeria.

She is a Nigerian lawyer who turned into fashion entrepreneur, business woman and founder of Alara, West Africa’s first fashion luxury and lifestyle concept store.

Reni is a married woman who is a wife of one Nigerian businessman, Tunde Folawiyo since 1989 and they have two children, Faridah and Fuaad.

OccupationFashion Entrepreneur Business woman
Net worth$500, 000, 000
Known forPromoting Africa fashion
Spouse(s)Tunde Folawiyo

Wunmi Amokeodo, CEO of Design for Love

Wunmi Amokeodo is a Nigerian fashion designer and the founder of Design for Love, a fashion label which manufactures female clothes and accessories, using Ankara and other fabrics.

Her real name is Ibiwunmi Omotayo Olufunke Felicity Olaiya but people popularly call her Wunmi. She is a singer, dancer and fashion designer.

She was born in United Kingdom while her parents are Boyh Nigerians but she mostly spent much of her childhood in Lagos, Nigeria.

Daisy Danjuma

Mrs. Daisy Danjuma is the Executive Vice Chairman of SAPETRO, a Nigerian oil & gas exploration and production company. She is the wife of one of the richest men in Nigeria, General Theophilus Danjuma, who is also the chairman of SAPETRO. 

She was once a senator of the Federal Republic of Nigeria, and served on several committees. Daisy Danjuma served as Chairman of the ECOWAS Parliament’s Women and Children’s Right Committee and Women and African Youth Development. Also, she is a pioneer legal counsel to the Legal Aid Council of Nigeria, and have served in other legal capacities due to her profession. 

Daisy is an alumna of Ahmadu Bello University, Lagos Business School and member of international legal associations.

Bola Shagaya

Hajia Bola Shagaya is one of the richest women in Nigeria and in Africa. She is the founder and CEO of Bolmus Group International, a conglomerate in real estate, oil and gas, banking and photography.

Bola is a fashion enthusiast with several years of active local and international business experience. She began her career at the Central Bank of Nigeria before venturing into commercial activities in 1983 with the importation of photographic materials. Also, she is the managing director of Practoil Limited, one of the largest distributors of base oil in Nigeria

Overtime, Bola has grown to become one of the biggest players in the Nigerian oil sector, and real estate in Europe and America. She sits on the board of Unity Bank Plc, and served on the board of the National Economic Partnership of Africa Development (NEPAD). 

Bola is a graduate of Ahmadu Bello University, and the Armstrong College, California where she studied Economics and Accountancy. She is a patron of the Fashion Designers Association of Nigeria (FADAN).

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Fifi Ejindu

Princess Fifi Ejindu is a Nigerian-born originated from Offiong Ekanem. She is an architect and one of the richest women in Nigeria. After her education in New York, Princess Fifi returned home and began Starcrest in 1995.

Today, Starcrest have become a group of company. It comprise of Starcrest Investment Ltd., Starcrest Associates Ltd, and Starcrest Industries Ltd. The company is involved in real estate, oil and gas and building construction.

Fifi is a princess. She is a great grand daughter to King James Ekpo Bassey, a one time King of Cobham town in Calabar. Fifi was born in Ibadan. She attended Pratt Institute, and became the first black African woman to be awarded a B.Arch from the institute in 1983.

For her works, she received the 2014 African Child Nobel Prize. She was also enlisted in the Global Women Leaders Hall of Fame African Chapter 2014.

Mo Abudu

Mrs Mosunmola Abudu is one of the richest Nigerian women and Africa’s most successful entrepreneurs. She is the founder and CEO of EbonyLife Tv, the fastest growing black entertainment and lifestyle network.

Born and raised in London, Mo established the EbonyLife TV as a subsidiary of Media and Entertainment City Africa (MEC Africa) in 2006. Currently, the network airs in over 49 countries across Africa, UK and the Caribbean.

Thereafter, she established the EbonyLife Films and produced her first film, Fifty. Subsequently, she teamed up with The ELFIKE Collections, and produced The Wedding Party (2017). The movie featured A-List Acts like Sola Sobowale, Banky W, Adesua Etomi, Richard Mofe Damijo, Ireti Doyle etc. 

Additionally, Abudu has received countless recognition for her outstanding work in media and service to humanity. She is the first African woman to own a Pan-Africa TV Channel according to Forbes Africa in 2013. She was one of the 25 most powerful women in Global TV by the Hollywood Reporter, 2013.

Also, she received the Entrepreneur of the Year award in the Women Week in New York, 2014 and Honorary Doctor of Humane Letters (Honoris Causa) from Babcock University.


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