Top 10 Richest Tribes in Nigeria: A Glimpse Into Their Wealth and Influence

Nuelson Penuel Saturday, October 21, 2023 Basis



Nigeria, a country with rich cultural diversity, is home to more than 250 ethnic groups and tribes. Each tribe contributes to the nation's progress in various ways, including economic development. In this article, we delve into the top 10 richest tribes in Nigeria, examining their wealth, economic ventures, and overall influence.

1. Yoruba:

The Yoruba tribe, primarily located in the southwestern part of Nigeria, is famous for their business acumen and entrepreneurial spirit. Their wealth stems from a wide range of sectors, including trade, agriculture, technology, and entertainment. Notable individuals like Aliko Dangote, Folorunsho Alakija, and Mike Adenuga have contributed immensely to the tribe's prosperity.

2. Igbo:

The Igbo tribe, hailing from the eastern region of Nigeria, is renowned for their industrious nature. They have excelled in various sectors, particularly in trade, manufacturing, and entrepreneurship. Prominent Igbo billionaires such as Tony Elumelu and Cosmas Maduka have significantly contributed to the tribe's wealth.

3. Hausa-Fulani:

The Hausa-Fulani tribe, with its roots in northern Nigeria, have amassed wealth primarily through agriculture and trade. Their influence in the political landscape has allowed them to establish lucrative connections in the oil and gas industry. Notable individuals include Aliko Dangote and Abdulsamad Rabiu, both of whom have significantly contributed to their tribe's prosperity.

4. Ijaw:

The Ijaw tribe, mainly found in the Niger Delta region, are known for their expertise in the oil and gas industry. Their wealth derives from owning highly valuable oil blocks, as well as their involvement in maritime businesses and agriculture. Prominent Ijaw billionaires such as Diezani Alison-Madueke and Goodluck Jonathan have played a vital role in their tribe's prosperity.

5. Itsekiri:

Based in the Niger Delta region, the Itsekiri tribe is closely associated with the oil and gas industry. Their wealth is founded on ownership of oil blocks, maritime businesses, and investments in real estate. Prominent Itsekiri individuals like Ayiri Emami have greatly contributed to their tribe's financial success.

6. Urhobo:

The Urhobo tribe, situated in the Niger Delta region, are primarily known for their influence in the oil and gas industry. Their wealth is derived from owning oil wells, as well as their involvement in businesses like hospitality, construction, and telecommunications. Notable individuals include Olorogun Michael Ibru and Oba Ewuare II, who have remarkably contributed to their tribe's affluence.

7. Kanuri:

The Kanuri tribe, mainly concentrated in northeastern Nigeria, are recognized for their agricultural prowess and livestock-rearing activities. They also benefit from trade and investments in industries such as telecommunications and hospitality. Prominent Kanuri billionaires include Mohammed Indimi and Ibrahim Aliyu, who have made significant contributions to their tribe's economic prosperity.

8. Ibibio:

The Ibibio tribe, located in the southeastern region of Nigeria, derive their wealth from the oil and gas industry, as well as agriculture and trade. Notable individuals such as Senator Godswill Akpabio and Udom Emmanuel have played instrumental roles in the Ibibio tribe's financial growth.

9. Tiv:

The Tiv tribe, mainly residing in Benue State, have accumulated wealth through agriculture, specifically in the area of food production. They are renowned for their vast agricultural lands and entrepreneurial endeavors. The Tiv people have fostered notable individuals, including Gabriel Suswam and George Akume, who have contributed greatly to their tribe's prosperity.

10. Efik:

The Efik tribe, based in Cross River State, have achieved wealth through various sectors, including commerce, hospitality, and the maritime industry. They have also flourished in arts and culture, with Cross River State being known as the "Nigeria's tourism hub." Notable personalities from the Efik tribe include Udom Gabriel Emmanuel and Liyel Imoke, who have made remarkable contributions to their tribe's prosperity.


Nigeria's cultural diversity shines through the remarkable wealth of its tribes. The top 10 richest tribes, including the Yoruba, Igbo, and Hausa-Fulani, have harnessed their entrepreneurial spirits, investments, and expertise in various sectors to amass incredible wealth. It is essential to acknowledge and celebrate the contributions of these tribes to the nation's economic growth, while simultaneously striving to bridge any wealth disparities among Nigeria's diverse ethnic groups.

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