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Nigeria’s Highest-Earning Founders: Top 10 Entrepreneurs

Blessing Ajibola

6 mins read

October 20, 2022

Highest-Earning Founders

A new class of entrepreneurs has emerged; men and women whose influence is measured not in speeches or appointments, but in revenue, payrolls, and industries reshaped. These founders are not just building companies; they are building wealth at a scale that places them among Nigeria’s highest individual earners in the private sector.

This list spotlights ten founders whose annual incomes put them in a league of their own, while their businesses drive real activity across technology, agriculture, manufacturing, education, fashion, and social enterprise. Their success reflects more than ambition, it reveals mastery of systems, markets, and leadership. Each profile tells the story of how strategy became income, and how enterprise became financial power. Together, they represent the financial face of Nigeria’s modern entrepreneurship elite.

1. Yomi Odutola – Founder, Joela Leathers (₦150 million annually)

Yomi Odutola is at the forefront of redefining African luxury fashion as the Founder of Joela Leathers, a premium brand known for handcrafted ladies’ leather bags and accessories. With over two decades of experience across banking, consulting, fashion, business development, and philanthropy, she brings a rare blend of corporate insight and creative precision into building a brand that stands for quality, elegance, and durability. Her work continues to shape the narrative of African luxury by proving that craftsmanship, strategy, and compassion can coexist within one powerful brand story.

2. Hilda Ezeigbo – Co-Founder, Exerra (₦145 million annually)

Hilda Ezeigbo is at the forefront of building operational clarity for modern businesses as the Co-Founder of Exerra, a technology company focused on transforming complexity into practical systems. With a strong passion for structure and efficiency, she leads the development of tools that help enterprises operate with precision and adaptability in fast-moving and unpredictable markets. Her leadership at Exerra reflects a commitment to making technology usable, resilient, and ultimately impactful, setting new standards in business management across emerging markets.

3. Ademola Akinlabi – Founder & Chairman, Demmy Global Resources Limited (₦132 million annually)

Ademola Akinlabi is at the forefront of enterprise building in Nigeria as the Founder and Chairman of Demmy Global Resources Limited, a company that has grown into a strong player in the telecommunications industry. With ventures spanning telecommunications, construction, and agriculture, he brings a results-driven mindset to every business he leads. As a serial entrepreneur, he has built and scaled multiple organizations across diverse sectors, guided by a sharp ability to identify opportunity and execute efficiently. Under his leadership, Demmy Global has expanded its market presence and contributed to strengthening Nigeria’s connectivity and infrastructure landscape.

4. Enwere Charles – Founder, ADAV Trusted Limited (₦130 million annually)

Enwere Charles is at the forefront of reputation management in Nigeria as the Founder of ADAV Trusted Limited, one of the country’s pioneering firms dedicated to protecting and strengthening personal and corporate image. With a clear focus on the power of perception in shaping opportunity, he has built a company that helps individuals and organizations safeguard their credibility in highly visible and competitive environments. Through strategic communication, reputation auditing, and long-term planning, he continues to elevate the importance of credibility as a driver of business success.

5. Chichebem Jibunoh – Co-Founder & Chief Technology Officer, Winich Farms (₦129 million annually)

Chichebem Jibunoh is at the forefront of agricultural innovation as the Co-Founder and Chief Technology Officer at Winich Farms, where he leads the development of digital infrastructure that connects farmers directly to buyers. With over six years of experience in building technology solutions for agriculture, he has focused his career on addressing food distribution challenges through systems that make farm-to-market processes faster, clearer, and more efficient. His leadership reflects a commitment to using technology as a tool for economic empowerment and sustainable agriculture.

6. Fadè Adeniyi – Co-Founder, Techlerator (₦125 million annually)  

Fadè Adeniyi is at the forefront of shaping the future of tech education as the leader at Techlerator, a pioneering EdTech company. With a focus on blending cutting-edge learning with real-world needs, Adeniyi drives curriculum innovation, forges strategic partnerships, and cultivates a culture of innovation. Her leadership is preparing tomorrow’s tech leaders by bridging the gap between education and industry.Her work at Techlerator leverages data-driven insights and customer-centric innovation to set new standards in tech education.

7. Mike Rosanje – CEO, Cashbuddy (₦120 million annually)  

Mike Rosanje is the Co-Founder and CEO of Cashbuddy, a payment infrastructure platform designed to simplify and expand financial inclusion for consumers and businesses across Africa. With extensive expertise in fintech and SaaS, Rosanje has built scalable, innovative solutions that enhance financial access across the continent. He leads a skilled team of engineers and designers to deliver high-quality products that cater to a wide range of stakeholders, from individuals to large enterprises. He is passionate about leveraging technology and strategic resources to address complex challenges and drive positive social impact across various sectors.

8. Jessica Benson-Iyare – Founder, EAT Ltd (₦118 million annually)

Jessica Benson-Iyare is at the forefront of food industry transformation as the Founder of EAT Ltd, where she is building a brand defined by quality, consistency, and customer-focused innovation. With a clear vision for accessible and high-standard dining experiences, she has developed a business that goes beyond meal production to shaping a modern food culture rooted in efficiency, freshness, and reliability. Her entrepreneurial journey is driven by a desire to create meaningful experiences through food, from optimizing supply chains to refining service delivery. With a strong grasp of market trends and business growth strategies, Jessica continues to position her company as a benchmark for sustainable practices and customer satisfaction in the food sector.

9. Oluebube Okafor – Founder, CLOFoundation (₦110 million annually)

Oluebube Okafor is at the forefront of leadership development as the Founder of CLOFoundation, an organization dedicated to nurturing management and leadership capacity across diverse sectors. For over seven years, she has led initiatives that equip individuals with practical skills, strategic thinking, and confidence to excel in positions of responsibility. Her expertise in leadership and management has helped create pathways for personal development and professional advancement, enabling participants to translate learning into impact. With a steady commitment to building a culture of excellence, she continues to shape a new generation of leaders prepared to make lasting contributions.

10. Mercy Anih-Bello – Founder & Executive Director, DreamCode Foundation (₦105 million annually)

Mercy Anih-Bello is at the forefront of youth empowerment and education as the Founder and Executive Director of DreamCode Foundation, an organization focused on building opportunity through early learning and skills development. With more than six years of experience designing and executing programs in education, youth employment, and enterprise development, she has created structured pathways that help young people gain relevant skills for work and life. Her leadership is centered on turning potential into preparedness through sustainable and well-designed initiatives. Her work emphasizes leadership, entrepreneurship, and confidence-building, equipping students to become role models and change-makers within their communities.

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