Boss Picks
I’m Competently Qualified, Have Done No Wrong – Dr. Anuoluwapo Adepoju
Published
6 years agoon
By
Eric
By Eric Elezuo
Dr Anuoluwapo Adepoju is a professional cosmetic surgeon, reputed to have conducted over 300 successful beauty related surgeries. In this interview, she reveals what it takes to undertake a surgery and many other intricate details about herself and the medical profession. Excerpts:
Pls tell us in details who Dr. Anu is ?
My name is Dr. Anuoluwapo Adepoju. I graduated in 2015 with an MBBS degrees from the University of Lagos College of Medicine. I am registered with the Medical and Dental Council of Nigeria and a graduate member of the Nigerian Medical Association. I have also had further trainings in this field and other branch of medicine.
Does just having an MBBS and belonging to NMA qualify you to perform cosmetic surgery?
I have gone further to get the necessary trainings to specialise in cosmetic surgery. I am a physician member of American Academy of Cosmetic Surgery. I completed certified trainings in liposuction and in hair transplantation and other minimally and non invasive procedure from the United States and Estecenter Plastic Surgery Center Istanbul, Turkey. I also participated in the live educational body cadaver workshop in Florida Orlando where we performed different cosmetic procedures ranging from liposuction, tummy tuck, breast lifts, implants and Brazilian butt lifting.
Which other trainings are you equipped with for the job?
I did a three month intensive training and mentorship programme with Desoto Family and Surgery Centre, Desoto, Texas. And on the side, I am an alumni of Lagos Business School, Enterprise Development Centre (I received a scholarship to study there from World Bank).

Briefly explained what motivated your decision to choose medical and beauty profession?
I have always had a passion for health and beauty being an only child of my mum; it was actually her dream to see me become a doctor. As a little child, my mum would ask me to look into the mirror and tell myself that I would become a doctor. She put the idea in my head and I started to fall in love with medicine.
I have opened business lines in the lifestyle sector and had a SPA, a cosmetic store, a beauty school and a makeup outfit at a point in my life. I moved into cosmetic surgery which has always been of interest to me and took the requisite trainings to specialise in the field. It gives me so much joy to see confident women, so in my own little way, I try to boost the confidence of every woman around me with either surgical or non surgical procedures.
In Nigeria even though our women are naturally endowed, they still strive for perfection or try to be better versions of themselves. One of our most popular procedures is to fill out hip dips which gives a more rounded silhouette.
Well, one of your efforts to see another woman confident brought about a backlash you are facing today. How did it happen?
I will say it is one of the challenges of the profession, but unfortunately many people have been fed wrongly far from the truth or are being malicious.
Any type of surgery carries risks and when we consult with patients we make them aware of the risks involved. We also have discussions on their general health and lifestyle as these factors can impact on the outcome of a procedure.

I did a procedure on a patient two years ago, in 2018. She had liposuction done and fat transferred to her buttocks for enhancement. The procedure was successful however the patient had respiratory issues. We had to refer her to a specialist institution for expert management and she was diagnosed with pneumonia. However despite expert care and attention she died after about 31 days. As a medical professional I am deeply saddened when a patient dies as we develop a good relationship and rapport with our patients during the consultation and all through their medical journey with us. As a mother I know how heartbreaking it can be to lose a child and I deeply sympathise with her family.
There were a lot of rumours going around social media about the circumstances around her death and due to medical ethic and patient confidentiality I am unable to go into the specific medical issues. However every care was taken by me and my team during her cosmetic surgery which was successful. Her underlying medical issue was handled by a renowned institution with expertise in that field.
Medcontour has a very good success rate. We are guided by our professional ethics on patient confidentiality and cannot disclose information on the many successful surgeries we have done. This some times puts us at a disadvantage in defending muddled up online rumours.
You mentioned that she had pneumonia; did she develop pneumonia while in your custody or was it an underlying illness she came to you with?
I believe that it was probably an underlying problem. For a liposuction procedure, we do not take a chest X-ray routinely for patients younger than 40. For over 40s we take a chest X-ray, ECG and all. We only do the baseline investigation for those younger than 40, and we did all that for the patient.
Is that a standard practice or your hospital policy?
Yes, it is a standard practice not to take chest X-rays for patients under 40 as it is a minimally invasive procedure, however every other baseline investigations is done for all patients. For patients who are going in for liposuction, chest X-rays are not compulsory unless the patient is 40 and above. That’s the standard practice anywhere in the world. Liposuction is not something that is done routinely in this part of the world. It is a relatively new procedure in Nigeria and we don’t expose patients to radiation unless it is very necessary. It is very unfortunate what happened to the patient and our facility will now be making it compulsory for x-rays to be taken by all patients irrespective of age.
So what is this accusation that you are a fresher, and was experimenting liposuction with the lady for the first time?
I graduated from the College of Medicine at the University of Lagos in 2015. I have had extensive training in cosmetic surgery and have carried out well over 300 procedures. My success rate is high because we have a competent and well trained team and a well equipped facility. We also do an extensive background check on the patient pre surgery to ascertain their general health and provide detailed information and guidelines on post surgery protocols that the patient must follow. The media backlash originated from a patient who posted her issues about our work on social media which went viral. The issues could have easily been addressed at the facility. At the time I had done well over 300 procedures.

Dr Adepoju Anu with Dr Tony Mongubat, course director of America Academy of cosmetic surgery and the president of world Academy of cosmetic surgery and others at Advent Health, Nicholson centre, Florida
Did you mean 300?
Yes, over 300 actually and still counting, and the patients are very much out there confidently enjoying and flaunting our good job.
It is sad to see how unsubstantiated media posts can potentially cause damage to a business reputation. The outcry has caused my facility to be shut down by the Federal competition and Consumer Protection Commission (FCCPC). The case is presently in court.
Is your hospital still sealed or has it been reopened now?
Yes, it is and unlawfully done.
The sealing was prompted by a social media influencer who made an unsubstantiated claim about a procedure she received at the clinic. Without verifying the claim many bloggers posted the story on their blogs and some even went further to make insinuations about my professionalism and rouse the public against me. Based on this, the FCCPC, without reaching out to me to get information on my competence to run the medical facility, unlawfully entered the facility, vandalised and closed it up.
This is totally against the rule of law.
There are processes and procedures that should be followed before coming to a conclusion.
All these actions have caused a huge damage to my reputation and has affected my business as well as my family.
The emotional damage cannot be quantified as due to the actions of a blogger who threatened to release my physical address online. I now live in fear as to the safety of my children and family.
How did this particular new threat come up?
A recent video was released on social media of a lady claiming she had complications for a fat transfer procedure to her bum and breast done at the Med Contour Clinic. The video did not show the face of the person so I cannot verify if she truly was a patient at the clinic. However we have had a patient who had this type of procedure and developed complications because she did not follow the post surgery protocols. This is a recurring issue with many Nigerian patients who are eager to show off their bodies after surgery and ignore the directives given to them. This includes wearing of special clothing, massages, instruction on not smoking and drinks etc. I am mindful of doctor/ patient confidentiality and will not be able to give full disclosure. However the patient was unable to attend the facility for a full examination because we were closed during the period of COVID-19 curfew. She was referred to another facility which is the standard procedure and was managed by an experienced colleague and was later discharged.

Dr Cevik Ibrahim awarding Dr Anu Adepoju her certificate after a course on Liposuction and Hair transplantation at Estecentre Istanbul Turkey in 2018
The patient called from time to time to complain about her health issues and I managed it in the best way possible. I visited her in her home on several occasions, examined her and brought drugs to her for free. I also asked for a loose culture which was not done till date. It was therefore shocking to see the viral online video claiming Med Contour had botched yet another pàtient.
But how are dissatisfied patients managed in this industry?
If a patient has issues, the first line of action is to call the doctor who then manages the issues and corrects it.
It is sad that in Nigeria a number of people resort to posting their issues on social media without first talking to their doctors. I found out about the issues of the patient was facing online.
I have been approached by a blogger with a demand for money or else I will be targeted with negative publicity. From the first night we had a conversation, the blogger started posting different things about me, like my house address, pictures, my spouse’s pictures and all online. I was confused because I don’t understand why I should succumb to blackmail and bribe a blogger because of an issue with a patient. Because of my stance to not succumb to their pressure to release money, they have been posting bad report endlessly about me and my family.
Did the blogger make any demand before they started posting, and what was the demand?
Yes, they asked for Two Million Naira but I refused to pay, then they said I should pay 1.5 Million Naira, and they sent me Bitcoin account details as well as the contact of the person to buy the Bitcoin from. This process made me realise they were professional blackmailers.
When he made his demands, was it via a voice conversation or…?
No, it was via chat with a friend of mine. The blogger called themselves Gistlover blog requested an initial payment of N2 million to make this all go away and later came down to N1.5m. The blogger sent details (a bitcoin account and that we should buy it from Greentech Empire).
I refused to make the payment and from that moment the blogger became very angry and told me I would be dealt with.
The blogger started posting false stories about us and the brand Med Contour. The blogger has put it out that I do not have the requisite trainings to carry out cosmetic surgeries.
Can the chat be screenshot?
Of course yes.
Alright, you said you have done liposuction on well over 300 persons, is it possible to have at least 5 of those people speak on your behalf?
Yes, I have quite a number of patients who are willing to show their faces in order to prove that I have worked on them without problems, but I cannot give out their information. I believe they can appear live, have their pictures taken and be interviewed.
Again, there were accusations that the lady who died was your first patient which you have debunked. Another thing which was circulated was that the same year this happened was the same year you graduated from medical school.
No, I finished in 2015 from the College of Medicine, University of Lagos.
Aside being a member of the Nigerian Medical Association (NMA), are you also a member of Plastic Surgeon Association?
I have never called myself a plastic surgeon.
I am not a plastic surgeon.
I did not do residency.
I am a cosmetic surgeon.
There’s a big difference between both. Plastic surgery deals mainly with cleft lips, nerve damage, burn injury, nerve repair, skin graft etc.
I have never referred to myself as a plastic surgeon and when I see them call me that online…well there’s only so much people I can correct.
Cosmetic surgery is mainly deals with tummy tucks, liposuction, breast implants and the rest. Now, I don’t even do all that; I strictly do liposuctions and fat transfers which is minimally invasive. It is like the most basic of all cosmetic procedures.
Cosmetic surgery is elective and focuses on improving appearance while plastic surgery repairs defects or reconstructs damages to the face or body.

A plastic surgeon undergoes more intensive training than a cosmetic surgeon because the procedures and outcomes of both surgery are different.
As I stated earlier I have undergone the necessary certified trainings to competently carry out cosmetic procedures.
So, in actual fact, what you studied and what you are licensed to do, covered the procedure that was done on the lady that died?
Absolutely! The degree we get from school is Bachelor of Medicine and I can perform any medical procedure provided I am trained to do it. I am trained to do Liposuction.
Are there any risks involved in cosmetic surgery, and liposuction in particular?
Like every life endeavour, yes. However, cosmetic surgery can be a relatively safe procedure if the patient is healthy, a non smoker with no underlying medical condition and follow up care instructions are maintained. It is also important not to do too many surgeries at a time as the body needs time to heal properly.
Liposuction is a surgical procedure, and all surgical procedures inherently have an element of risk.
Some complications that can be caused by liposuction include infection, bleeding, swelling and pain.
We must not forget that a one time First Lady of this country died during a liposuction operation, and hers was with one of the best in the world.
Yes, there are risks, but the risks associated with the procedure are minimal when compared to other types of surgery.
An experienced surgeon in a properly equipped operating room rarely sees serious complications set in.
At Medcontour, we do at least 30 or more cases in a month and about a thousand cases so far since we started. A few complaints from patients who were not compliant to a given set of post-operative instructions turned public opinion against my facility, unfortunately.
How do you want to be remembered as regards this job?
As one of the very few female cosmetic surgeons in Nigeria who has paved the way and opened the doors in a fieldd that is dominated by males. I want to inspire young women to know that by hard work and determination they can achieve their dreams.
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Adeleke and Momodu: A Classic Tale of ‘Twin’ Brothers
Published
1 month agoon
May 18, 2026By
Eric
By Eric Elezuo
The story of the Chairman, Ovation Media Group, Chief Dele Momodu, and the Governor of Osun State, Senator Ademola Adeleke, is one told from a multiple dimension. It encompasses passion, love, friendship, camaraderie, collaboration, and more importantly, brotherhood.
Here’s a classic tale of two individuals, who started as acquaintances, transmuted into being friends, and today has become inseparable, not just as brothers, but as ‘twin’ brothers. No wonder the Bible says, there’s a friend that sticks closer than a brother; that’s the story of ‘Demola and Dele. A typical example of Double D. A classic tale of friendship made in heaven.
Both have seen measured successes in their various fields of endeavours. Adeleke, besides being an accomplished entrepreneur, has in his own way, conquered the field of politics, having served as a distinguished Senator of the Federal Republic of Nigeria, and presently serving as the Executive Governor of Osun State.

Momodu, on his part, has not in any way lacked behind. Beyond establishing and sustaining Africa’s number one celebrity magazine, Momodu is an iconic journalist, publisher, businessman and a motivational speaker, who has both working and personal relationships with many influential world leaders. He has been one shot away from the highest office in the land, having contested for the Nigerian presidency, first as a candidate in 2011, and as an aspirant in 2023.
Born same year, 1960, same month, May, the brothers have from time in memorial, shared a common bond that has given onlookers the apertite to ask more questions about their originality. But while one is from Edo State, the other is from Osun. However, the state barriers notwithstanding, Adeleke and Momodu has proved to the world what true friendship means.
Over the weekend when Momodu celebrated his 66th birthday, just three days after Adeleke celebrated his at the Government House, in Oshogbo, the Governor gladly referred to Momodu as his ‘twin’ brother, a motion that everyone readily agreed with. It is worthy of note that while Adeleke was born on May 13, 1960, Momodu was born on May 16, 1960. Friends and associates always insist that Adeleke is three days older than Momodu, and that one fact Momodu has come to live with, and joyously celebrates.

In his message at the birthday celebration, held with incisive discussion on the theme, Ignorance and The Danger of Xenophobia, at the Dele Momodu Leadership Centre, Alalubosa, Ibadan, the Governor extolled the qualities of Momodu, fondly referring to him as ‘my twin brother’. He hailed Momodu for always using his birthday to speak to the conscience of Africa, especially in the last three years.
At the event, organized by The Dele Momodu Foundation, with the theme, “Ignorance and the Danger of Xenophobia.” Speakers at the occasion condemned the rising tide of xenophobic attacks, particularly those targeting Nigerian citizens in South Africa, warning that such hostility undermines regional progress, peace, and continental unity.

DELE MOMODU – MAY 16, 1960
Dele Momodu, without an iota of doubt stands tall among those who have been diligent in businesses, and it is therefore, no surprise that he has stood, and is still standing not just before kings but with kings.
Born Ayòbámidélé Àbáyòmí Ojútelégàn Àjàní Momodu on May 16, 1960, some 63 years ago, Chief Dele Momodu as he is known in the business circle, and Bob Dee, in the social stage, is by every standard a man who is diligent in his business. And it is no wonder that he has not only stood before kings, he had and continues to dine with kings. There is practically no influential person that Dele Momodu does not know across the length and breadth of Nigeria, Africa and on the inter-continental stage. He is that large!
By every standard a rare breed, Momodu is many things in one; journalist/publisher, businessman, philanthropist, actor, politician and motivational speaker. Among all these he considers himself simply as a reporter, and even with a retinue of seasoned staff still ventures into the field to scoop exclusives. Those who have referred to him as a workaholic are not far from the truth. Even he, himself has an oft quoted line thus “those who come from poor background cannot afford to sleep too much”.
A beacon of the Momodu family, Dele, the last of three siblings, was ‘privileged’ to lose his father at the age of 13, and was therefore sentenced to the complete tutelage of his mother, and sometimes relatives. His mother became practically his mentor, teacher and soulmate until she passed away on May 18, 2007, two days after Dele’s 47th birthday. According to him, one of the many morals his mother, who he revered next to God, taught him, is never to despair even when times are tough. Even in her near poverty state, Dele maintained that ‘she didn’t give up on me.’
The accomplished journalist, whose first name was derived from Ayobamidele, meaning “my joy has followed me home”, is a proud 1982 graduate of the University of Ife, (now Obafemi Awolowo University, Ile-Ife) where he obtained a degree in Yoruba Language, and followed it up in 1988 with a master’s degree in English Literature.
He kicked off his professional career as a lecturer at the Oyo State College of Arts and Science in Ile-Ife, between 1982 and 1983 while serving as a corps member. He went on to become the private secretary to the former Deputy Governor of Ondo State, Chief Akin Omoboriowo, a position he held from 1983 till 1985. In 1986, he was elevated to serve the Ooni of Ife, Oba Okunade Sijuwade Olubuse II, managing his Motel Royal Limited.
Momodu is the proprietor of the no 1 celebrity journal, Ovation International Magazine, The Boss Newspaper and Ovation Television.
The Akinrogun of Gbonganland, who is also the Aare of Iwoland, has also been honoured with the Prestigious Value Leadership award by an organisation, Nigeria, which is a subsidiary of Moonlite Integrated Concept, among an avalanche of awards, honours and tags. Momodu us consistently praised for his admirable efforts, which have not gone unnoticed.
ADEMOLA JACKSON ADELEKE – MAY 13, 1960
Born of the Adeleke family of Ede in Osun State on May 13, 1960, Adeleke commenced his primary education at Methodist Primary School, Surulere Lagos State before he was privileged to relocate to Old Oyo State to continue his education at Nawarudeen Primary School, Ikire.
Adeleke was born Nurudeen Ademola Adeleke to a Muslim father and Nnena Esther Adeleke, an Igbo Christian mother. Like him, Adeleke’s father, Raji Ayoola Adeleke was a Senator and the Balogun of Ede land in Osun State. His father, Raji Ayoola Adeleke was also the leader of the Unity Party of Nigeria (UPN).
On completion of his primary education, he moved on to The Seventh Day Adventist Secondary School, Ede to begin his post primary schooling. In the later years however, he attended Ede Muslim Grammar School Ede, where he completed his secondary school education and subsequently relocated to the United States of America, joining his two older brothers, who were also studying there.
In the United States, he joined Jacksonville State University, Alabama, and studied Criminal Justice, with minor in Political Science.
To prove doubting Thomases, who wiped up controversies around his educational qualification, wrong, he went back to school and got enrolled at Atlanta Metropolitan State College in the United States, where he obtained a Bachelor of Science degree in Criminal Justice in 2021.
A businessman and administrator of no mean repute, Adeleke was the humble Group Executive Director at his brother’s company, Pacific Holdings Limited from 2001 to 2016, where his credible performances shot the company to enviable heights; a height it is still enjoying till date.
It is imperative to note that before he joined Pacific Holdings Limited, Senator Adeleke worked with Quicksilver Courier Company in Atlanta, Georgia, US, as a service contractor from 1985 to 1989. His dexterity to work earned him a progression in career, and he berthed as Vice President at Origin International LLC, Atlanta, Georgia, US, a flavours and fragrance manufacturing company. His meritorious stewardship lasted a period of five years, from 1990 to 1994.
Not a few has described Adeleke as the philanthropic capital of Ede, as his influence in aiding the less privileged and downtrodden remains top notch. He is a voracious believer in community development, and has not spared any expense to see that his community receives global influence.
Politically, Adeleke is a beacon of light and hard nut to crack, having remained an albatross to opposing powers and a reference point to ideal administration.
Shortly after he lost his brother, Senator Isiaka Adeleke, who died in April 2017, he contested the Osun West 2017 Senatorial by-election, emerging as the winner under the Peoples Democratic Party, where he decamped to from the All Progressives Congress (APC).
Having emerged senator, Adeleke’s political influence waxed stronger, an on July 23, 2018, he emerged as the governorship candidate of PDP in Osun State.
Adeleke ran for Osun state governorship election under the PDP against top contenders Alhaji Gboyega Oyetola of APC and Iyiola Omisore of SDP on 22 September 2018. The election was declared inconclusive by the Independent Electoral Commission (INEC) while Adeleke was leading, and a rerun slated on September 27, 2018. The candidate of the APC Oyetola was declared winner after the run-off. Adeleke protested the result describing the election as a “coup”.
Much as on March 22, 2019, the tribunal sitting in Abuja declared Adeleke the winner of the election, the Supreme Court later affirmed Gboyega Oyetola as the authentic winner of the 2018 Osun State governorship election on Friday, July 5, 2019
Popularly known as the Dancing Senator because of his penchant to joyfully react to the sounds of music, Adeleke is uncle to one of Nigeria’s popular musicians, Davido.
Governor Adeleke is married to two beautiful women. They are blessed with three children who are all entertainers. They are B-Red and Shina Rambo and a daughter, Nike Adeleke. He is the uncle of one Nigeria’s primus inter pares in entertainment, Davido.
As expected, Adeleke is moving Osun State to the greatest of heights as he promised, and many who know him agree that there are still very many more in the offing even as he navigates his political prowess to win again on August 15.
These ‘twin’ brothers have become a toast of reference. They are hardworking, philanthropic in nature, and always happy.
Yes, always happy as the smiles and dance in their gaits at all times are unmistakable.
Cheers to brotherhood!
Cheers to Ademola Adeleke and Dele Momodu!
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Koumagnon Family Pledges Unalloyed Support for Romuald Wadagni As President
Published
3 months agoon
April 9, 2026By
Eric
By Eric Elezuo
The Koumagnon Family and Allied Families of Seme-Kpodji, of the Republic of Benin, led by Monsieur Alberto Koumagnon, has declared their unflinching support for the candidacy of Romuald Wadagni as he steps out on Sunday to vie for the presidential seat of the Republic of Benin.
In statement of declaration, the families observed that Wadagni is propelled by a ‘vision embodied in this ambitious, realistic project, resolutely focused on the future of our country’.
The declaration is presented in full:
DECLARATION OF SUPPORT BY THE GREAT KOUMAGNON FAMILY AND ALLIED FAMILIES OF SÈMÈ-KPODJI FOR CANDIDATE ROMUALD WADAGNI

The great KOUMAGNON family and allied3 families of Sèmè-Kpodji, deeply committed to the values of peace, progress, and development, followed with particular interest the presentation, on Saturday, March 21, 2026, of the “Further Together” (Plus loin ensemble) social project by our dear candidate, President Romuald WADAGNI.
Following this important political event, and gathering on this day, 04/04/2026, we wish to express our full support for the vision embodied in this ambitious, realistic project, resolutely focused on the future of our country.
From the outset, we, descendants of the KOUMAGNON family and allied families, commend the enlightened leadership of President Patrice TALON who, faithful to his commitment to building a modern and prosperous Benin, has been able to propose to the presidential majority a competent, credible candidate who brings hope for consolidating achievements.
In this dynamic of continuity and progress, the candidacy of President Romuald WADAGNI is fully in line with the continuation of the structural reforms undertaken over several years in all sectors, particularly in infrastructure.
In this regard, we recognize and commend the many achievements of the government, especially road infrastructure, which has significantly improved mobility and living conditions for the populations of the communes of Sèmè-Kpodji and surrounding areas.
Moreover, these remarkable efforts reflect a constant determination to connect localities, stimulate economic exchanges, and sustainably strengthen the attractiveness of our territories.
Building on these achievements and firmly oriented toward the future, we are convinced of the relevance of the “Further Together” project.
Therefore, the great KOUMAGNON family and allied families of Sèmè-Kpodji give their firm, committed, and unconditional support to candidate Romuald WADAGNI, as well as to his running mate, Mrs. Mariam Chabi Talata Zimé Yérima.
In the same spirit, we call on all daughters and sons of Sèmè-Kpodji, as well as all citizens committed to peace and development in our country, Benin, to mobilize massively in support of this hopeful momentum by turning out in large numbers on April 12.
We also wish to assure our dear candidate of our commitment to mobilize widely to ensure a high voter turnout in the commune of Sèmè-Kpodji.
Together, let us continue the efforts undertaken.
Together, let us consolidate our achievements.
Together, let us go further.
Long live Benin on its path toward progress!
Long live the WADAGNI–TALATA ticket!
Thank you.
Done at Sèmè-Kpodji, on 04/04/2026
The great KOUMAGNON family and allied families
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The Billionaire Gang: The Quartet That Keeps Nigeria in Limelight
Published
4 months agoon
March 16, 2026By
Eric
By Eric Elezuo
With a loud ovation, Nigerians reveled at the announcement of its billionaire-quartet, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu as among Africa’s richest individuals in 2026.
The four has constantly put Nigeria in the limelight, ensuring that Forbes is never complete without a mention of the giant of Africa, Nigeria
According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over the past year, largely driven by the strong performance of Dangote Cement on the Nigerian Exchange Limited.
Telecommunications magnate Adenuga also retained his place among Africa’s billionaires.
The founder of Globacom and chairman of Conoil Producing remains one of Nigeria’s most influential entrepreneurs with diversified interests spanning telecoms, oil and gas, and banking.
Otedola, chairman of Geregu Power Plc, also featured on the list despite a slight dip in his wealth over the past year. Forbes estimates that the billionaire investor lost about $200 million following the sale of a majority stake in the power generation company at a discount to its market price.
The increase in Rabiu’s net worth was largely driven by the performance of BUA Cement, whose shares rose 135% over the past year, outperforming the broader rally on the Nigerian stock market.
The 23 billionaires on the continent are now worth a combined $126.7 billion, representing a 21% increase from 2025 after they collectively added $20.3 billion to their net worth.
Across the continent, billionaire fortunes were boosted by strong equity market performance, record corporate profits, and improving currency stability in several African economies.
South Africa remains the highest number of billionaires on the list, with seven individuals, followed by Egypt with five, Nigeria with four, and Morocco with three.
Here is a peep into the world of Nigeria’s Billionaire-Quartet.
ALIKO DANGOTE

For the President of the Dangote Group, Alhaji Aliko Dangote, and his multifaceted group, playing second fiddle has never been an option. Both the enterprise and the entrepreneur have maintained market leadership to the extent that Dangote himself has appropriated the richest man in Africa status to himself, and has hardworkingly sustained the tag for as long as anyone can remember.
Since 2014, when Forbes magazine named him the world’s 23rd billionaire, jumping 20 spots on the scale from his previous 43rd position among the elite club of the world’s richest people. Aliko Dangote has not looked back, winning back to back the accolade among African billionaires, and never slipping from the world ranking.
Again, as expected, the famous Forbes has proclaimed the soft spoken businessman as Africa’s richest man for the 12th time in a row; a proof that the name Dangote is synonymous with consistency. He is a businessman, who understands that no man rest on his oars if turnovers have to continue to turn over. With marked differentiation, he has demystified the business terrain, and proved that if it can be done, then it must done. His establishment of the humongous fertilizer and sugar plants and the ambitious refinery in Lekki, Lagos, Nigeria, are testimonies of the trajectory of one who knows his onions.
Worth $13.4 by the last Forbes ranking, which sustained him as the richest man in African for the 11th time, entrepreneur extraordinaire has the following points to his name:
- Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer.
- He owns 85% of publicly-traded Dangote Cement through a holding company.
- Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.
- After many years in development, Dangote’s fertilizer plant in Nigeria began operations in mid-2021.
- Dangote Refinery, under construction since 2016, hit the public space since 2024, and is one of the world’s largest oil refineries, with a capacity of 650,000 barrels per day production.
The above and many has remained the factors that have made it easy for the billionaire to remain in the top echelon of world’s money men, and the supremo among African businessmen. Little wonder he is one of the few recipients of the GCON national honours reserved for top politicians of vice president ranking and top government appointees.
Born in Kano in 1957, Dangote proudly shuttles between three wonderful tags as the richest man in Nigeria; the richest man in Africa and the richest Black man in the world. He has paid his dues, and mankind is the better for it.
Releasing impacts, Aliko Dangote Foundation (ADF), the private charitable foundation of Alhaji Aliko Dangote. Incorporated in 1994, as Dangote Foundation, is saddled with the mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities. 20 years later, the Foundation has become the largest private Foundation in sub-Saharan Africa, with the largest endowment by a single African donor.
The primary focus of ADF is child nutrition, with wraparound interventions centered on health, education and empowerment, and disaster relief. The Foundation also supports stand-alone projects with the potential for significant social impact.
The Foundation works with state and national governments and many highly reputable international and domestic charities, non-governmental organizations and international agencies to advance its humanitarian agenda.
In one of its biggest collaboration to date, Aliko Dangote Foundation started working in partnership with the Bill and Melinda Gates Foundation and key northern State Governments in Nigeria from 2013 to eradicate polio and strengthen routine immunization in Nigeria.
Worthy of praise is the fact that nearly a decade, the Foundation has spent over N7 Billion in the course of feeding, clothing and the general welfare of the Internally Displaced Persons in the Northeast.
To make his host communities feel at ease, and the impact of his presence, Dangote has embarked on an initiative to provide further support to improving educational systems in Ibeju-Lekki and Epe locality. The educational support initiative is a tripartite programme consisting of scholarship, capacity building for teachers and school infrastructure projects.
In addition, Scholarships have been awarded to 52 secondary school students whilst some financial support was provided to their parents and/or guardians. Tertiary students will be included in the next batch of the scheme.
Furthermore, about 100 teachers, principals and school administrators were trained in teaching techniques for the 21st century. After which they were monitored in class on how they were using the skills acquired.
There is hardly any sector that has not felt the milk of human kindness running through Aliko Dangote; the military, media, politicians, governments across boards and more.
Dangote is surely an asset to this world!
As at today, there is no space for slowing down for Dangote as he continues to trudge on, creating firsts after first for himself and for humanity. He is blessed with three wonderful daughters, who have followed the rewarding footprints of entrepreneurship, and is looking forward to hitting the richest man in the world status. And very soon too.
ABDULSAMAD RABIU

Abdulsamad Rabiu’s consistent climb on the ladder of success has become phenomenal. The unassuming Chairman at BUA Group has become a study in entrepreneurial discipline, focus, philanthropy and intentional sacrifice. But what can actually be said of a man who has steadily evolved as one of Africa’s biggest investors, in fact, the biggest in the order of reckoning on the Nigerian Exchange. He has graciously used his BUA Foundation and the phenomenal Abdul Samad Rabiu Africa Initiative to not only affect lives, but ensured that the people of the world, especially his native Nigeria, live in better comfort. The Chairman/Chief Executive Officer, Bua Group, makers of quality cement, sugar, flour among other wonderful household items has been a epitome of enterprise. He is presently by divine and entrepreneurial orchestration one of Nigeria’s richest investor. He is also the third richest man in the Africa, by Forbes calculation behind Nigeria’s Aliko Dangote, South African billionaire, Johann Rupert.
In 2023, via a list compiled by Billionaires in Africa revealed the rankings on the Nigerian Exchange, NGX, showing that Abdulsamad Rabiu, the billionaire businessman and industrialist, overtook Aliko Dangote as the richest investor in the country, albeit temporarily.
According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly-listed businesses on the local bourse were valued at an impressive $6.01 billion, making him the only investor with an investment portfolio worth over $6 billion then. This is a feat that can only be achieved through wholesome business acumen and dedication.
Born August 4, 1960, in Kano, to one of Nigeria’s foremost industrialists in the 1970s and 1980s, Khalifah Isyaku Rabiu, Abdul Samad Isyaku Rabiu CON is a perfect combination of many things in one.
It was in his native Kano that he kick-started his academic pursuit, carousing through elementary education with ease as a gifted child, and obtained his First School Leaving Certificate. He was later admitted into the Federal Government College, Kano, where he had his secondary education, and gradually with honours.
With a combination of fate, brilliance and determination, Abdulsamad was catapulted to Capital University in Columbus, Ohio, where he studiously studied Economics, and acquired his tertiary education before returning to Nigeria, all before his 24th birthday, to oversee his family business. He was that much sought after, and highly brilliant, and considered capable of holding fort for his father, who was being detained by the administration of General Muhammadu Buhari over matters concerning import duties.
In 1988, just after learning the ropes of entrepreneurial excellence, Abdul Samad Rabiu established BUA International Limited, for the sole purpose of commodity trading. The company followed after the footsteps of his father, and imported rice, edible oil, flour, iron and steel.
In 1990, having exhibited the character worthy of a world class entrepreneur, and the ability to execute classical projects, Rabiu’s BUA was invited by the government, which owned Delta Steel Company to supply its raw materials in exchange for finished products. This provided a much-needed leverage for the young company, and consequently expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria.
Rabiu’s dexterity showed further a few years later, when the company acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria, and there erupted the company’s and BUA’s influence and care over the people in the provision of affordable edible oil. His passion to see people excel in comfort has continued to make him churn out one great tiding after another, and endearing him in the hearts of the generality of the public.
A man with a vision for tomorrow, Rabiu, in 2005, started two flour-milling plants, in Lagos and in Kano, and by 2008, had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. This was a feat only a bravest of hearts could wroth. As a result, in 2009, the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015. Rabiu’s passion for expansion is unequalled.
BUA Group has since concentrated and excelled in manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. This is in addition to being the chairman of the Bank of Industry (BOI).
The Group, in 2019, announced plans to merge its privately owned BUA Cement with the publicly traded Cement Company of Northern Nigeria Plc (CCNN), to create Nigeria’s second largest cement producer thereby consolidating the grip on the cement market and breaking its monopolistic status.
MICHAEL ADENUGA

Michael Adenuga Jr. is one entrepreneur, who has proved over the decades that he is not the regular billionaire. He is of the stock that is not regulated by stock market figures, but by liquid cash. And that explains why his wealth and net worth supercedes whatever figures churned out by any institution, or any position he is placed in the billionaires’ list.
Adenuga is, for all intent and purpose, in a world and class of his own. This is because his business trajectory and personal philosophy are uniquely his, and therefore worthy of emulation.
Sitting atop one of the most cherished and subscribed network, Glo, Adenuga has not only inspired lives, but practically lifted not a few to enviable heights.
Known for his diverse investments in oil, gas, telecommunications, banking, construction, and real estate, Mike Adenuga notably shook up the African telecom sector with the launch of his telecommunications network, Globacom Limited (Glo), in August 2003.
Also referred to as The Guru, Adenuga is like the proverbial Iroko tree, who is unlike any other. In terms of humility, pedigree, magnanimity, wealth and portfolio of investments, he is one of a kind.
“As of Jan. 1, 2024, Forbes, the U.S.-based business magazine renowned for tracking global billionaire fortunes, estimated Adenuga’s wealth at $6.1 billion. By Dec. 31, 2024, his net worth had grown to $6.8 billion, ranking him as the 448th richest person in the world. Adenuga’s wealth is anchored in his control of Globacom, Nigeria’s second-largest mobile telecommunications and digital services provider, which boasts over 60 million subscribers,” according to Billionaires.Africa
Adenuga is fondly remembered for launching operations on Per Second Billing, thus ensuring subscribers only pay for actual time spent on a call instead of the practice of billing customers N50 per minute even when the call cuts off at just 2 seconds. It also crashed the cost of SIM card from N30,000 to N6,999 and later N100, thereby making it possible for low income earners, students and artisans to own GSM lines today. It is now one of the most recognizable brands across the continent.
Love him or hate him, you can’t fault him. He is an enigma. A definition of class, humanity, intellectual discipline and entrepreneurial acumen. He is the very epitome of when the going gets tough, the tough gets going. And of course, a reference point and research material when it comes to philanthropy. Dr. Mike Adenuga doesn’t give little or give just for giving sake. He gives to sort and solve a lasting challenge. Yes, he is Dr. Michael Adenuga Jr., ‘The People’s Billionaire,’ and without introduction, the brain behind the increasingly success stories recorded at the Globacom Group, among his many other conglomerates and subsidiaries.
Known by many appellations, such as the Spirit of Africa, a rare gem, walking kindness, moon amongst the stars, owner of wealth beyond money, the mighty oak, the man with the gift of Foresight, the Bull, Pillar of sports among a whole lot more, Adenuga’s image looms large. He appears little, and achieves so much more. Hardly seen, but gracefully and consistently felt.
Born on April 29, 1953 to Oloye Michael Adenuga Sr and Chief (Mrs) Juliana Oyindamola Adenuga, the Yeyeoba of Ijebuland, Otun Gbadebo of Ikija and Iyalaje of Ijebu-Igbo, Dr. Mike Adenuga Jnr was not a silver spoon kid, but his parents were comfortable.
The indigene of Oru, Ijebu-Igbo, Ogun State was born and schooled in Ibadan. He attended the famous Ibadan Grammar School. He had his university education in the United States. He majored in Business administration with emphasis on Marketing.
While in school, to augment the allowance sent by his parents, he worked as a cabbie (Taxi Driver), putting in many hours of work a week. This culture of back-breaking hard work shaped him for his ambitious business adventures later in life.
Dr. Mike Adenuga Jr is married to Mrs. Titi Adenuga (nee Adewale). She provides the comfort and stability that such an incredibly busy man requires. His children are Oyin, Babajide (Bobo), Paddy, Bella, Eniola, Bimbo, Sade and ‘Niyi Jnr. He also has grandchildren.
FEMI OTEDOLA

Billionaire businessman, and Chairman, Geregu Power Plc, simply addressed as Femi Otedola (CON), is a focused and determined man. He made his choice from day one, and has refused to be derailed. This explains his prolific nature in the world of entrepreneurship, which has directed his life.
One thing is very obvious before all and sundry, and that is the fact the dotting father of four adorable children is really an Epicurus son, and has no place for half measures when it comes to giving himself, his business and of course everyone around him the good life.
It won’t be forgotten in a hurry how the philanthropist spent a whopping Three Million Pounds to rent a cruise boat in celebration of his 60th birthday in 2022.
Born on November 4, 1962, in Ibadan to the family of the late Sir Michael Otedola, a former governor of Lagos State, Otedola is a definition of everything good, positive and encouraging. He has lived his 60 years representing the very essence of living, affecting lives as a philanthropist, developing careers and manpower as a businessman, industrialists and entrepreneur, and raising biological children, who has stood their own in the society. There is hardly anywhere this tall, handsome phenomenon of a personality can be faulted.
The billionaire businessman started his education at the University of Lagos Staff School before attending Olivet Baptist High School from where he was admitted into Obafemi Awolowo University in 1980. He graduated in1985.
A former chairman of Forte Oil Plc, the Chancellor of St Augustine University, Epe, Lagos, is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.
The author of the bestseller, MAKING IT BIG, who has homes in Lagos, Abuja, Dubai, London and New York City has a much impressive existence since he set out to take the bull by the horns in the field of enterprise. This is as chronicled by wikipedia. In 2003, having identified an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company.
As owner and chairman of Zenon, in 2004 he invested N15 billion in downstream infrastructure development and acquired storage depots at Ibafon, Apapa as well as four cargo vessels, amounting to a combined total storage capacity of 147,000 metric tonnes. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion.
By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.
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