List of the Top 5 Richest Bankers in Nigeria Presently

JEROME MICHAEL EBRUPHIYO Friday, July 9, 2021 Basis

List of the Top 5 Richest Bankers in Nigeria Currently Some persons would be thinking in their mind now that how did he become so rich, are you sure is he is embezzling bank funds, he must be an internent fraudstar? At the end of this article you would be able to acertain and believe that they actually worked hard to make itto the top as their source of wealth will be revealed as well. Who is a banker? A banker is an employee of a bank or financial institution who services the financial needs of clients ( Individuals or institutions). A banker tries to maximise the profit of a bank while maintaining appropriate risk levels.Banking profession is a very lucrative one and we have many rich bankers in the country but here are a list of the top 5 richest bankers in Nigeria, the richest banker in Nigeria and which banker is the most popular so far;

1. Pascal Gabriel Dozie( Founder of Diamond Bank)

List of the Top 5 Richest Bankers in Nigeria Presently
Pascal Dozie was born in 1939 in Egbu village of Owerri,Imo state.He attended Holy Ghost Juniorate Seminary and Holy Ghost college, Owerri. He attended City University in London where he studied Operational Research and Industrial Engineering and Masters degree in Administrative Science.He lost his father very early in his life.Pascal Dozie is the founder and former chairman of Diamond Bank PLC. Pascal is an accomplished investor with stakes in several highly rated companies including, the MTN Group,he is the chairman of Pan-Atlantic University and the founding partner of Africa Capital Alliance.He began his career as an Economist at the National Economic Development office in the United Kingdom. He established Diamond Bank with an initial share capital of #10 million and only 21 interest shareholders and the bank started operation in 1991, having satisfied the terms of Central Bank of Nigeria to operate a standard bank.Pascal Dozie was the Chief Executive Officer of the bank from 1991-2006 when he handed over to his son,Uzoma Dozie.Pascal Dozie net worth is estimated at $1.1 billion.

2. Tony Onyemaechi Elumelu (Banker and Philanthropist)

List of the Top 5 Richest Bankers in Nigeria Presently
Tony Elumelu was born on March 22nd,1963 i Jos, Plateau.Tony Elumelu is one of Africa's most successful investors and renowned philanthropists.He is the chairman of Heirs Holdings, the United Bank of Africa,Transcorp and founder of the Tony Elumelu foundation.He attended many Universities in Nigeria; Ambrose Alli University, University of Lagos,Delta University. Tony Elumelu started his career in Union Bank as a Youth Corp member of the NYSC in 1985.Elumelu acquired Standard Trust Bank in 2005 and United Bank for Africa was acquired after standard Bank. Tony Elumelu was one of the co-chairs of the 26th World Economic Forum on Africa in Rwanda's capital, Kigali in 2016.He was honoured with National honour title of Member of the Order of the Federal Republic (MFR) in 2006 and Commander of the Order of the Niger (CON) in 2012.His net worth is estimated at $1 billion.

3. Jim James Ovia (Business man and philanthropist)

List of the Top 5 Richest Bankers in Nigeria Presently
Jim Ovia was born on November 4th,1951 in Agbor, Delta State.He is a Nigerian businessman, Philanthropist and founder of Zenith Bank of Nigeria (1990). Jim Ovia studied Business Administration from the Southern University Baton Rouge, Louisiana, USA in 1977 and Masters degree in Business Administration from the University of Louisiana, Monroe, USA. Jim Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI). He is also the chairman of Cyberspace Network limited.Jim Ovia is a member of many Boards and a recipient of a National Award, Commander of Order of the Niger (CON). Jim Ovia is married with children and his networth is estimated at $980 million.

4. Otunba Michael Olasubomi Balogun (Banker and Philanthropist)

List of the Top 5 Richest Bankers in Nigeria Presently
Chief Subomi Balogun is a Nigerian banker and philanthropist who founded First city Merchant Bank,a company that later became the First City monument Bank.Subomi Balogun was born on March 9th,1934 at Ijebu-Ode, Ogun state.He attended the famous Igbobi college Lagos for his secondary School education and London School of Economics, where he studied law.He worked at the Nigerian Industrial Development Bank. Chief Subomi is a direct descendant of Oba Tunwase of Ijebu-Ode, Ogun state.Chief Balogun is the holder of many chieftaincy titles that include: Otunba Tunwase of Ijebu-Ode, Olori-Omoba of Ijebu-Ode, the Baba Oba of Ijebu-Ife, the Asalu Oba of Ijebu-musin etc. Chief Balogun had received many awards that include: The Distinguished Leadership Award for outstanding contributions to the development of investment banking by the American Biographical Institute of.Chief Subomi Balogun is married with children and an estimated net worth of $700 million.

5. Tajudeen Afolabi Adeola (Banker and Politician)

List of the Top 5 Richest Bankers in Nigeria Presently
Afolabi Adeola was born in 1954. He attended the popular Methodist Boys'High school, Lagos.He obtained a Diploma in Accounting from the Yaba college of Technology in 1975. He became a chartered Accountant in 1980 following his training with Deloitte Haskins and sells and D.O Dationone and company. In 1990, he together with late Tayo Aderinokun established Guaranty Trust Bank, which he managed as Managing Director/Chief Executive Officer from its establishment in 1990-2002. The bank has since expanded beyond Nigeria to other neighbouring African countries; Sierra Leone, Gambia, Ghana, Liberia and United kingdom.Afolabi Adeola was a former Chairman of the National Pension Board.He is a recipient of the Officer of the Order of the Federal Republic (OFR).He is married with children and an estimated networth of $150 million. Let those other prominent and important bankers whose names are not included in this article not be biased as everyone is unique and perfect in their own way.

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