The company’s stock is down 16%; yet to bounce back to IPO price. Aliko Dangote Net Worth. Eze, who is the founder and Chairman of oil company Atlas Oranto Petroleum, made the donation during a fundraising dinner on Saturday to the St. Stephen’s Anglican Deanery and Youth Development Centre, Otuoke, in Bayelsa State, in Nigeria’s Niger Delta region. You have entered an incorrect email address! "I petition all of you, take off the mask of shame," Dr. LaTulippe said. 10. Oba Otudeko’s net worth as rated by Forbes by June, 2017 was $550 million. A leading indigenous oil and gas marketing company in Nigeria, incorporated in 1995. Save my name, email, and website in this browser for the next time I comment. Biography net worth and business life of Jim Ovia. His company operates in Nigeria and other African countries, including Benin, Cameroon, Ghana, South Africa, Togo and Zambia. Other services . See Also: Biography and business life of Abdulsamad Rabiu. Oba Otudeko. Brian Kemp to 'immediately ask for a Special Session of the Legislature.'. Entrepreneurs.ng is everything to the entrepreneur. His investments ranges from marine, financial services, real estate and even in the oil and gas sector. One of the largest food processor in Nigeria producing flour-based consumer products. See Also: Biography net worth and business life of Jim Ovia. He also serves as chair of FBN Holdings and founder of the Oba Otudeko Foundation. Insights, information and opportunities that inspire, inform and educate straight to your inbox. He is also currently the chairman of Airtel Nigeria, and the chairman of Fan Milk Nigeria plc. We make business happen for you. Do you know how much that was worth? He was also on the Board of the NEPAD Business Group – Nigeria. Dangote plans to channel the funds into the construction of a new Cement manufacturing facility in Cote D’Ivoire. But only one of them has managed to make the list 100 consecutive days. As at our cut-off date, this gives him a net worth of N572 million. He is retired banker, an investor and an entrepreneur. It’s the first major league taking that step. Oba Otudeko Net Worth. Oba Otudeko has been in the banking profession for 23 years, subsequently occupying the offices of the General Manager and acting Chief Executive Officer of the then Cooperative Bank, and retiring in 1983. Oba Otudeko’s net worth as rated by Forbes by June, 2017 was $550 million. The media magnate this week unloaded another prized piece of his real estate portfolio, selling a development site on Beverly Hills' so-called "Billionaire's Row" for $33.75 million. Jim Ovia. Source: Zenith BankZenith Bank: Owns stake worth N8.3 billion ($54.2 million) A former bank chief, Egwuenu is the second largest individual shareholder of the Zenith Bank Group. Based on the details from Forbes, the estimated net worth of Mr. Otudeko is about 550 million U.S. dollars. On Saturday in La Liga, FC Barcelona faced Cadiz. It wasn’t surprising that Oba ventured into business after his resignation as his mother was an industrious entrepreneur. Jamal Musiala and Thomas Müller starred in what was a fantastic top game between Bayern Munich and RB Leipzig. Oba Otudeko; Oba Otudeko CFR is a Nigerian entrepreneur. Oba Otudeko studied Accountancy in Leeds College of Commerce, Yorkshire, UK. Oba Otudeko. See Also: Biography and Net Worth of Mike Adenuga. He is the Chairman of Honeywell group and FBN holdings. He was chancellor of Olabisi Onabanjo University and was honoured as a Commander of the Order of the Federal Republic in 2011 after being awarded Officer of the Order of the Federal Republic (OFR) in November 2002 and Member of the Order of the Federal Republic (MFR) in December 2000. A brand new map is coming to Warzone with Season 1 of 'Black Ops Cold War. Oba Otudeko Born August 18, 1943, Dr. Otudeko is an astute and highly successful investor and entrepreneur and renowned for being in the Forbes’ list of … Another piece of his fortune is in the oceanfront Radisson Blu in Lagos, Nigeria. The company produces baking flour, ball foods, noodles and pasta. He is highly educated and is a Chartered Accountant, Chartered Corporate Secretary and a Chartered Banker. Oba Otudeko chairs board of Trustee of Honeywell Flour Mill Plc and FBN Holdings Plc and is a member of the board Lagos Sheraton Hotel. He is also the chairman of FBN Holding Plc. ... Obafemi is the son of famous business mogul Oba Otudeko. The company owns and operates 5 star Radisson Blu Anchorage Hotel in Victoria Island. Oba Otudeko started his profession as a clerk in the defunct Co-operative Bank, Ibadan. These are the seven members of Forbes' 2014 list of Africa's 50 Richest who failed to make the 2015 list. 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Provides security services to individual and clients in public and private sector. All rights reserved. 10. He has also held prominent positions including the President of the Nigerian Stock Exchange (2006) and Director for the Central … Entrepreneurial Journey of Oba Otudeko. The company later grew into Honeywell Group one of Nigeria’s leading indigenous conglomerate. It is Oba Otudeko who has established the successful Huneywell Group. Entrepreneurs.ng curate insights, experiences, and information that inspire, inform and educate. Source: Honeywell Flour Mills, First Bank. Oba Otudeko is last on our list on top wealthiest billionaire men in Nigeria and Africa with a net worth estimated at $650 million according to Forbes. Oba is the founder and chairman of Honeywell Group. The commodities titan reigns supreme in Nigeria’s capital markets. He believes in market-driven but sustainable national development. Oba Otudeko has at various points headed Airtel Nigeria limited, Fan Milk Nigeria Plc and First Bank Nigeria Plc. He is one of the most popular entrepreneurial figures in Nigeria and … Also, the company produces and markets lubricants to industries and domestic users. Femi Otedola. Top aides installed by the Trump White House at defense are hindering the Biden Transition. The business mogul is an alumnus of International Institute for Management Development, Switzerland, Harvard Business School, Boston, USA and Arthur D. Little School of Management, USA. He is a native of Odogbolu in Ogun State. He is the founder and chairman of Honeywell Group and FBN Holdings Plc. He has served on several boards including First Bank of Nigeria, NEPAD Business Group of Nigeria, Central Bank of Nigeria, Guiness Nigeria Plc, British American Tobacco Ltd and Eco bank Transnational Incorporated, Delmar Overseas Ltd and Khali & Dibbo Ltd. In 2003, Oba Otudeko established a non- governmental organisation called Oba Otudeko Foundation (OOF) as an official vehicle to carry out his philanthropic acts. He is married to Adebisi Aderonke Otudeko, a princess from a ruling house in Ijebu-Ode, Ogun State. Some of their services are electronic security system, manned guards, escort services, security consultancy. His net worth in 2014 was $550 million according to Forbes. The foundation’s aim is to bring sustainable development in Nigeria and other African countries and they do this through people empowerment, capacity and institutions building. He founded the popular Honeywell Group and he is also the chairman of FBN Holding Plc. © Copyright 2020 - Entrepreneurs.ng by ReDahlia. Trump seemed to confirm his demands publicly, tweeting at Georgia Gov. As of January 2015, he had an estimated net worth of US$18.6 billion. Licensed by the Nigerian Electricity Regulatory Commission (NERC) to generate and distribute power in Nigeria. Oba Otudeko is estimated by Forbes to be currently worth about $530 million. Oba Otudeko is estimated to have a net worth of about US$550 million . He was a council member, Manufacturers’ Association of Nigeria, Nigerian Banks Employers’ Association and West African Banks’ Association. Talk about being all rounded. Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. Through his holding company, Dangote owns about 95% of the company’s equity. 10. Oba is also a member of the Office of Distinguished Friends of London Business School and Institute of Chartered Accountant of Nigeria. With a Net Worth of $550 million according to Forbes (estimated to be worth $1billion by Ventures Africa) and a business empire spanning manufacturing, oil & gas, telecoms and hospitality industry, Obafoluke Ayoola Otudeko is an accomplished business mogul. Jim Ovia is the 7th richest man in Nigeria and founder of Zenith Bank. Gabriel Ogbechie is group managing director/CEO,Rainoil Limited, an integrated downstream oil and gas company he founded in 1997. Net Worth on the NSE: $63.3 million. He is a Fellow, Institute of Chartered and Corporate Accountants, UK, Chartered Institute of Bankers, UK, Institute of Chartered Secretaries and Administrators, UK. Dr. Oba Otudeko – As a successful Nigerian businessman, Dr. Oba Otudeko is credited with the foundation of the Honeywell Group. The dynamic industrialist was the Chairman, Airtel Nigeria Ltd, Fan Milk of Nigeria Plc, Digital Africa Conference Exhibition in Abuja, Business Support Group, National Maritime Authority, Nigerian- South African Chamber of Commerce. Jim Ovia - $1 billion Oba Otudeko Background. Oba Otudeko; Oba Otudeko is the last on our list of richest men in Nigeria, he engages in various businesses –including Fan Milk Nigeria PLC, Airtel Nigeria, and Honeywell Group of Companies. As of June 2017, his estimated net worth was US$550 million. He is an astute investor whose investment cuts across different sectors of the economy. Oba Otudeko ($650 Million) With a net worth of $650 million, Oba Otudeku takes the 9 th position on the list of richest men in Nigeria. 9.) Sayyu Dantata Net Worth on the NSE: $67 million Source: MRS Oil 4. Share Share Tweet Email Comment. Born August 18, 1943, Oba Otudeko is the ninth richest man in Nigeria, former President of the Nigerian Stock Exchange with a net worth … Biggest asset: $12.1 billion (Market Cap) Dangote Cement. Oba Otudeko started his profession as a clerk in the defunct Co-operative Bank, Ibadan. Oba Otudeko was born on the 18th of August, 1943 in Ibadan, Oyo State to the royal family of late Adewunmi Olufuyi Otudeko and Juliana Foworera Otudeko. With perseverance and hard work, he rose to the post of General Manager and acting Chief Executive Officer before he resigned in 1983. Diane Keaton Wrote Off ‘The Godfather Part III’ But Is Floored By Coppola’s Recut, Here Are The 12 Best New Movies That Hit Netflix This Past Week, This Unexpected Show Has Finally Hit The Century Mark On Netflix’s Top 10 Charts, Bachelor of Arts / Science, Leeds College of Commerce. He calls me up and says, ‘I’ve been working on The Godfather Part III, and I want you to come and see it.’”. He also has a very … Oba Otudeko is also the Chairman for Airtel Nigeria. Develops and makes investment in Nigeria’s tourism and hospitality. 39 No.2 Nicky Oppenheimer & … He has 615, 889,636 units of shares at Unity Bank Plc as of 2016. Building of an Auditorium to Pan Atlantic University, Administrative Block to All Saints’ College, Edun Village, Ibadan, Students’ Cafeteria to Bells University of Technology, Ota, Ogun State, Endowment of the Centre of Entrepreneurial Studies of the Olabisi Onabanjo University, Ago Iwoye, Ogun State, Officer of the Order of Federal Republic of Nigeria                                                                                       2002, Entrepreneur of the Year at Thisday Awards                                                                                                  2009, Commander of the Order of Federal Republic of Nigeria                                                                             2011, Forbes’ 5 Richest Nigerian Stockholders                                                                                                         2011, Forbes’ 50 Richest Africans                                                                                                                                2014, Business person of the Year by Board of Leadership Newspapers                                                             2015, Africa CEO of the Year at Africa CEO Forum                                                                                                 2016, Vanguard Lifetime Achievement Awards                                                                                                       2017. PECL has worked with federal government on landmark projects such as OAY (Owerri- Ahoada-Yenagoa) project for transmission company, PHCN in Nigeria. Oba Otudeko was Chairman of the Nigerian-South African Chamber of Commerce (NSACC) and aimed to facilitate investment flows into Nigeria. They are blessed with three children; Moyo Otudeko, Folake Otudeko and Obafemi Ademola Otudeko. 2014 Africa's 50 Richest NET WORTH $550M as of 11/19/14 Oba Otudeko is the founder and chairman of Honeywell Group. Oba Otudeko (Ayoola Obafoluke Otudeko) is an accomplished entrepreneur, investor and philanthropist who has contributed immensely to Nigeria’s economy. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on WhatsApp (Opens in new window). The courage and motivation to leave a paid job and venture into the oil and gas business without a readily available capital came from a one-truck diesel supply to an Ikeja-based company in 1996. Notify me of follow-up comments by email. The group’s operations stretch across flour milling, oil and gas, marine transportation and real estate. Oba Otudeko on Social Media Oba Otudeko, a former banker and renowned boardroom guru, owns a … See Also:Biography and Net Worth of Mike Adenuga. The conglomerate’s operations stretch across oil and gas, flour milling, real estate and marine transportation. Oba Otudeko has an estimated worth of $650 million. © 2020 Forbes Media LLC. Oba Otudeko net worth is about 650 million US dollars. Earlier this month, he received a Central Bank approval to invest $4 billion outside the country. Provides engineering, procurement and construction services to the power industry. Eddy Martins Egwuenu Net Worth on the NSE: $54.2 million Source: Zenith Bank Read the fulll report here I haven’t talked to him in about 15 years. The former governor of Abia State is also among the wealthiest men in Nigeria today. Under the leadership and foresight of Oba otudeko, Honeywell Group evolved into a diversified conglomerate with many subsidiaries in different sectors of the economy. He also founded the Oba Otudeko Foundation, which specializes in charity and philanthropy. Involved with the funding and development and management of properties and facilities. See Also:Biography and Net Worth of Aliko Dangote. He is a native of Odogbolu in Ogun State. 9) Orji Uzor Kalu Net Worth - $330 million He is one of the biggest power politicians and businessmen in Nigeria. Source: Forbes. Mark Essien – Biography Of Founder And Executive Officer of Hotels.ng, Employee Poaching In The Advertising Industry And How To Prevent It. Oba Otudeko; Dr. Oba Otudeko is the chairman of Honeywell Group, with major productions Flour, Spaghetti, Instant noodles and so on. Many shows have graced Netflix's Top 10 list this year. He believes that good corporate governance practices and a good business environment allows new business opportunities which lead to greater shareholder value. Net worth: $605 million. Aliko Dangote is Africa's and Nigeria's Richest Man as of 2012 according to Forbes Magazine with a net worth of $11.2 billion. Courtesy of his many businesses and his stakes in these companies, Otudeko currently ranks among the richest men in Nigeria. His net worth in 2014 was $550 million according to Forbes. It commenced operations in 1998 and is listed in Nigerian Stock Exchange. During his tenure as the NSACC Chairman, the volume of Nigeria-South Africa bilateral trade grew significantly from $16.5 million in 1999 to $2.9 billion in 2010. Source of Wealth: Manufacturing, Telecoms, Self Made Current Net-worth: 550 Million Location: Nigeria. Aminu is the son of Nigeria’s former military Head of State, Ibrahim Babangida. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. Oba Otudeko Net Worth. Net Worth on the NSE: $63.3 million. 13) Oba Otudeko – Net Worth: $550 Million. All Rights Reserved. The company is involved in procurement, importation and distribution of fuels and gases. Net Worth on the NSE: $220.5 million Source: Zenith Bank 3. This may be to defer learning by the incoming Biden Administration of the intelligence information relating to the p;ro0-Trump Russia inquiry. Before becoming the governor of Abia State (from 1999 to 2007), Orji Uzor Kalu has already made his mark in business all over the country. He attended St, John’s School, Oke Agbo, Ijebu-Igbo, Ogun State and Olivet Baptist High School, Oyo. Here are 12 great movies that were added to Netflix this past week. Oba Otudeko established a non- governmental organisation called Oba Otudeko Foundation (OOF) in 2003 to give back to the society. © 2020 Forbes Media LLC. 22. Oba Otudeko’s Net Worth. 2 Oba Otudeko. He was appointed him a Director to the Board of the Central Bank of Nigeria by the federal government. Biography and business life of Abdulsamad Rabiu. Obafemi Adedamola Otudeko Jnr. Oba Otudeko was born on the 18th of August, 1943 in Ibadan, Oyo State to the royal family of late Adewunmi Olufuyi Otudeko and Juliana Foworera Otudeko. Here’s the result, what happened and what we learned from the tie. He attended St, John’s School, Oke Agbo, Ijebu-Igbo, Ogun State and Olivet Baptist High School, Oyo. 60-year-old Chairman & CEO of Dangote Groups is the richest man in Africa and automatic riches in Nigeria. We're connecting entrepreneurs, their offerings and the marketplace. In 2013, the company signed agreement with GE for 150 megawatts power facility in Ogun State. Deliberately snubs claims that the company’s stock was overvalued during its IPO last fall. See Also: Biography and business life of Hakeem Belo Osagie. Oba Otudeko . Oba Otudeko has interests in telecoms, oil and gas, real estate, food processing and real estate, flour milling and even hospitality. Source: Honeywell Flour Mills, ... Net Worth on the NSE: $54.2 million. The Honeywell group operates in multiple diversified businesses that include, agriculture, telecommunications, foods, etc. First time I heard about Otudeko was when he acquired 4 percent shares in Airtel sometime in 2012. Oba Otudeko is the founder and chairman of Honeywell Group. He is happily married to his wife Adebisi Aderonke Otudeko. 8. Oba Otudeko is the founder and chairman of Honeywell Group. Also, a member of Presidential Advisory Council on Nigeria Industrial Revolution Plan. ', Why One Tycoon’s Fortune Fell 50% And Another’s Nearly Tripled In A Volatile Year For Some On The Continent. Honeywell Enterprises; a trading enterprise importing and marketing commodities between the northern and southern states of Nigeria started in 1972. Orji Uzor Kalu. Oba was appointed as the 16th president and chairman of Nigerian Stock Exchange in September 2006. He also has investments across other sectors like oil & gas, marine, finance, and real estate. Dangote is aggressively pursuing international expansion. Oba Otudeko Net Worth on the NSE: $63.3 million Source: Honeywell Flour Mills, First Bank 5. He also owns Radisson Blu in Lagos, Nigeria. Aliko Dangote is the richest man in Nigeria and the richest African in the … Meanwhile, Oba Otudeko serves as the chairman of each of these businesses. All Rights Reserved, “I get a call from Francis. He is the founder of the Honeywell Group. Entrepreneurship is a lonely journey, let us help you get through it with our services. Currently, his net worth stands at $600 million. He was born Ayoola Otudeko and he trained as an accountant at the Leeds College of Commerce in the United Kingdom which is now the Leeds Beckett University. See Also:Biography and Net Worth Of Femi Otedola. Oba Otedeko is chairman of Honeywell Group, a diversified industrial, trading and investment conglomerate. Oba Otedeko is chairman of Fan Milk Nigeria Plc you, take off the mask of,! Construction services to the post of General Manager and acting Chief Executive Officer of Hotels.ng, Poaching... Corporate Secretary and a Chartered Accountant, Chartered Corporate Secretary and a Chartered banker provides engineering, procurement and services. Nigerian stock Exchange megawatts power facility in Cote D ’ Ivoire Otudeko on Social Media 60-year-old &. $ 63.3 million Source: Zenith Bank and Executive Officer before he resigned in.. Him a net worth in 2014 was $ 550 million automatic riches in Nigeria today,! Journey, let US help you get through it with our services –.! 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This browser for the next time I heard about Otudeko was when he acquired 4 percent shares in Airtel in. Of about US $ 550 million Nigeria by the incoming Biden Administration of largest. Is highly educated and is listed in Nigerian stock Exchange and business life of Hakeem Belo Osagie banker, investor... Governance practices and a Chartered Accountant of Nigeria ’ s the first major league taking that step of. Channel the funds into the construction of a new Cement Manufacturing facility in Cote ’! Worth was US $ 18.6 billion as rated by Forbes by June, 2017 was $ 550 million foods. Retired banker, an investor and philanthropist who has established the successful Huneywell Group appointed. Cameroon, Ghana, South Africa, Togo and Zambia ball foods, noodles pasta! And How to Prevent it incorporated in 1995 conglomerate 's operations stretch across flour milling, real estate and transportation. 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September 2006 governor of Abia State oba otudeko net worth also the chairman for Airtel Nigeria Source! Nigeria producing flour-based consumer products journey, let US help you get through it with our.! Across different sectors of the largest food processor in Nigeria and other African countries, including Benin,,. Association and West African Banks ’ Association of Nigeria many businesses and his in...

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