See The Young Man Who Replaced Dangote As Nigeria’s Richest Man : Top 7 Richest Nigerians, No. 1 will SHOCK you!

Number 5: Folorunsho Alakija – $1.6 Billion

Industry: Oil, Fashion
Folorunsho Alakija, one of Africa’s richest women, gained her wealth from Famfa Oil, one of Nigeria’s largest indigenous oil exploration companies. She is also a philanthropist and a significant figure in the Nigerian fashion industry.