Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,921 members, 7,817,697 topics. Date: Saturday, 04 May 2024 at 05:31 PM |
Nairaland Forum / Moneyyy's Profile / Moneyyy's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 21 pages)
Travel / Re: Some Pictures Of Abakaliki At Night by Moneyyy: 10:38pm On Sep 07, 2017 |
tolexy123: NO WORDS, I GIVE UP! |
Travel / Re: Some Pictures Of Abakaliki At Night by Moneyyy: 10:32pm On Sep 07, 2017 |
IGBO AMAKA! IGBO KWENU! IGBO KWEZUONU!!! 13 Likes |
Religion / Re: What Is The Significance Of 40 In The Bible? by Moneyyy: 4:11pm On Sep 03, 2017 |
mattyboy007: Jesus fasted for 40days and 40nights |
Celebrities / Re: Hushpuppi Responds To AY Gucci Bag Post by Moneyyy: 5:22pm On Sep 01, 2017 |
softwerk: Would you prefer I send you the money for the iphone 8 or would you prefer I send you the phone? |
Politics / Re: Okorocha Bans Keke Napep In Owerri, Replaces Them With 2000 Wagons (Photos) by Moneyyy: 8:50pm On Aug 31, 2017 |
Creating Unemployment and increasing crime 3 Likes 1 Share |
Politics / Re: Buhari Award $5.8 Billion Mambila Dam Power Plant Contract To Chinese State Firm by Moneyyy: 9:57pm On Aug 30, 2017 |
Everything in the north, weldone 4 Likes |
Literature / Re: Chimamanda Adichie Receives Honorary Degree From University Of Edinburgh by Moneyyy: 9:04pm On Aug 29, 2017 |
Igbo Kwenu!!! 8 Likes 1 Share |
Culture / Re: Photo Of Ooni Of Ife's New Wife As Claimed By Women Of Rubies (But It Is Fake) by Moneyyy: 4:05pm On Aug 29, 2017 |
folakemigeh:Nah! You look way more beautiful and your beauty is more natural. |
Education / Re: Ikeoluwa Abioye, 15-Year-Old, Who Scored 9 A1s In WAEC And 305 In JAMB by Moneyyy: 2:36pm On Aug 29, 2017 |
Igbo kwenu! 4 Likes 1 Share |
Nairaland / General / Re: A Giant Black Snake I Killed This Night. Pics by Moneyyy: 10:13pm On Aug 28, 2017 |
Animal cruelty 2 Likes |
Crime / Re: Kidnapper Who Killed Pastor And Used His Liver For Pepper Soup Arrested. Photos by Moneyyy: 10:12pm On Aug 28, 2017 |
Demons roaming around everywhere in Nigeria 2 Likes |
Celebrities / Re: Kate Henshaw Looks Gorgeous In New Photo by Moneyyy: 7:47pm On Aug 28, 2017 |
That's not Kate Henshaw 8 Likes |
Politics / Re: Boko Haram Terrorists Ambush Soldiers In Borno, Scores Feared Killed by Moneyyy: 2:43pm On Aug 24, 2017 |
Buhari's boys 9 Likes 1 Share |
Celebrities / Re: Seun Ajayi And Damilola Oluwabiyi’s Pre-Wedding Photos by Moneyyy: 2:34pm On Aug 24, 2017 |
Who are they? 12 Likes |
Foreign Affairs / Re: Donald Trump Bombarded With Insults By Twitter Followers (Pics) by Moneyyy: 4:34pm On Aug 21, 2017 |
ProfDumbledor: |
Business / Re: Gigantic Equipment Being Brought In For Dangote's Refinery In Lagos (Photos) by Moneyyy: 3:50am On Aug 20, 2017 |
Okoyiboz3:Yet South Easterners control almost all the small and medium scale businesses in Nigeria. What does that tell you Afonja 2 Likes |
Politics / Re: Nigerians Stage Pro-Buhari Rally In London (Photos) by Moneyyy: 2:39pm On Aug 19, 2017 |
CharleyBright: |
Family / Re: Nigerian Man Baths His Baby, Becomes An Internet Sensation (Photos, Video) by Moneyyy: 10:25pm On Aug 16, 2017 |
Hian! It's so dangerous putting the baby on his leg while there is soap on the baby and on his legs. Also, his dirty feet are inside the bucket - so dirty and unsafe for the baby 6 Likes 1 Share |
Sports / Re: Cristiano Ronaldo React To Five Matches Ban Given To Him, Say It Is "Ridiculous" by Moneyyy: 9:25pm On Aug 16, 2017 |
What is ridiculous is how you persecuted the referee by pushing him. 31 Likes 4 Shares |
Politics / Re: Femi Adesina: I Don’t Know If It’s Nigeria That Is Paying For Buhari’s Treatment by Moneyyy: 10:16pm On Aug 14, 2017 |
Nigeria have suffered 1 Like |
Religion / Re: Catholic Church Ozubulu Opens Again For Services After Last Sunday Massacre by Moneyyy: 10:22pm On Aug 12, 2017 |
Nothing can stop the gospel 59 Likes 1 Share |
Politics / Re: Jewish Scientists Show DNA Evidence That Igbos Are Jews - Photos by Moneyyy: 4:10pm On Aug 12, 2017 |
Check this
|
Celebrities / Re: Aki And Pawpaw Look Dapper In Matching Suit Outfit by Moneyyy: 8:34pm On Aug 11, 2017 |
izzou:When will you be smart enough to know what to joke with and what not to joke with? |
Politics / Re: Jewish Scientists Show DNA Evidence That Igbos Are Jews - Photos by Moneyyy: 8:33pm On Aug 11, 2017 |
MrMoney007:Oh I see, you are forgiven |
Celebrities / Re: Charly Boy, Others Continue Protest Demanding President Buhari's Return (Photos) by Moneyyy: 6:34pm On Aug 11, 2017 |
Nofuckgiven:I'm not in Nigeria. Common sense fall on you |
Celebrities / Re: Aki And Pawpaw Look Dapper In Matching Suit Outfit by Moneyyy: 6:09pm On Aug 11, 2017 |
izzou: How long will it take for your brain to grow? How long? 100 Likes 4 Shares |
Politics / Re: Jewish Scientists Show DNA Evidence That Igbos Are Jews - Photos by Moneyyy: 6:09pm On Aug 11, 2017 |
MrMoney007:What's funny though? |
Celebrities / Re: Charly Boy, Others Continue Protest Demanding President Buhari's Return (Photos) by Moneyyy: 6:07pm On Aug 11, 2017 |
Why are Nigerians not supporting them, all they know to do is complain on social media. Useless online noisemakers 102 Likes 9 Shares |
Business / Re: Porn Displayed At Access Bank ATM In UNILAG By A Customer by Moneyyy: 6:03pm On Aug 11, 2017 |
Buhari and his policies will finish this country 18 Likes 3 Shares |
Travel / Re: NNEWI - The Small Town Of The Super Rich By Forbes Magazine by Moneyyy: 3:23pm On Aug 11, 2017 |
The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country. Shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding president of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II. The royal honor came after he helped the British during World War II with his fleet of trucks. He was so wealthy that during the Queen’s visit in 1956, she was chauffeured around in his Rolls-Royce – apparently the only one in the country at the time – on the request of the colonial administration. Profiled in September 1965 by TIME magazine, Ojukwu made his money by importing dried fish for resale, and diversifying into textiles, cement and transport. When he died a year later, his wealth was an estimated $4 billion in today’s economic value. His son, Chukwuemeka, who also ended up a billionaire, returned from Oxford University at 22 with a master’s degree in history and led his fellow Igbos into the Nigerian civil war as head of the secessionist state of Biafra in 1967. Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. The Igbos, who sometimes refer to themselves as the ‘Jews of Africa’, have entrepreneurship in their blood. They have built themselves from the ground up, with little help from the government, after a controversial policy left them all with 20 pounds each, regardless of their bank balance, at the end of the Nigerian civil war in 1970. Nicknamed the Japan of Africa, Nnewi is famous as a hub for automobile spare part dealers, and most recently, Innoson, Nigeria’s first indigenous car assembly plant. The town is also known for its factories that manufacture household goods and is home to the biggest road transport companies in the country. Nnewi, with a little over two million residents, is a 30-minute drive from the Onitsha – the biggest outdoor market in West Africa – on the banks of the Niger River. These are 10 of the most prominent naira billionaires from Nnewi, in no particular order: Cletus Ibeto: The Ibeto Group has been described as the largest industrial enterprise in southeast Nigeria. Starting out as an apprentice to an already established auto spare parts dealer, Ibeto eventually branched out on his own and effectively ended importation of lead acid car batteries in Nigeria in the late 80s. The result is a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement. Cosmas Maduka: One of the country’s foremost car dealerships, Coscharis Group, is the brainchild of a man who lost his father at four and had to drop out of school to sell bean cakes, a popular food staple. His company, one of the largest car dealerships in Nigeria that deals with BMW, Jaguar, Range Rover and Rolls-Royce, has diversified into agriculture. Innocent Chukwuma: Another school dropout, he is the founder of Innoson Nigeria Limited which produces sport utility vehicles, commercial buses and passenger cars at the first indigenous assembly plant in Nigeria. The company has factories in Nnewi and Enugu and has the governments of Anambra and Enugu states, as well as a few federal agencies, among its customers. Gabriel Chukwuma: The elder brother of Innoson, Gabriel is invested in sports, real estate and hospitality. As chairman of Gabros International Football Club, he oversaw its rise into the Nigerian Premier League and partnership with English side, West Ham FC before selling to fellow Nnewi entrepreneur, Ifeanyi Ubah. He began business as a patent medicine dealer. Alexander Chika Okafor: Chicason Industries, and one of its products – A-Z Petroleum, are household names in Nigeria. The conglomerate has made significant inroads in the mining, manufacturing, and real estate in Nigeria and Sierra Leone. Okafor, its founder and chairman, was named in 2011 by the Senate as one of the beneficiaries of the subsidy fraud under the Goodluck Jonathan administration, pocketing as much as N18 billion ($54 million). Augustine Ilodibe: An orphan and mass server in the Catholic church, young Ilodibe was gifted £35 by one of the priests and he initially invested in motor spare parts trading. By the sixties, he pioneered the interstate luxury bus transport service; for years, he was the sole importer of these buses. After helping organize vehicles for the Biafran side during the civil war, he established the hugely popular Ekene Dili Chukwu Transport, his main cash cow and later diversified into brewery and agriculture. Ifeanyi Ubah: The flamboyant businessman funded parts of the Goodluck Jonathan campaign ahead of the 2015 presidential polls and unsuccessfully ran for the governorship of his home state, Anambra, in 2014. His wealth comes from investments in oil and gas, as well as exportation of motor spare parts and, recently, from sales of football players. In June 2015, Ubah – described by one Nigerian newspaper as ‘the new sugar daddy of Nigerian football’ – completed the purchase of Gabros FC for N500 million and renamed it Ifeanyi Ubah FC. Louis Onwugbenu: The head honcho of Louis Carter Industries dropped out of school in 1967 when the Nigerian civil war broke out. He got his nickname from weekly trips to Lagos to sell motor spare parts under the popular Carter Bridge in the city. His reinvested profits allowed him to diversify into manufacturing car batteries and pipe fittings, agriculture, food processing, real estate and, by the age of 30, he was already a naira multimillionaire. The headquarters of his conglomerate sits in the Carter Industrial Estate, spanning many acres in Nnewi. Obiajulu Uzodike: Nigeria is one of the foremost cable producers in the world due to many indigenous manufacturers across the southeast. One of the top cable companies is Cutix Nigeria, whose founder, Obiajulu Uzodike, cut his teeth in the business as a staff at a US-based aircraft and military wires and accessories company. By 1982, the Harvard Business School alumna and civil war veteran set up Cutix with N400,000 ($1,200), nurturing it to eventually become the first indigenous firm in the southeast to be listed on the Nigerian Stock Exchange. |
Travel / Re: NNEWI - The Small Town Of The Super Rich By Forbes Magazine by Moneyyy: 3:23pm On Aug 11, 2017 |
NaijaEfcc: 1 Like |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 21 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42 |