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Romance › Re: Is Being A Single Mom A Crime?? by Tenrack: 8:04am On Jul 09, 2025*. Modified: 10:07am On Jul 09, 2025 |
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Nairaland General › Re: Before Dangote, There Was Ojukwu: The Story Of Nigeria’s First Billionaire by Tenrack: 7:28am On Jul 09, 2025 |
cenaman: Ok , WhatsApp only, you can't reach me via call. okay bro. Thanks. Take it down now. .......................................................................whdhdjfjfnfnfjfkfkfk I just texted you Baba |
Nairaland General › Re: Before Dangote, There Was Ojukwu: The Story Of Nigeria’s First Billionaire by Tenrack: 6:47am On Jul 09, 2025 |
cenaman: I have done that, hope you are good now.
Have you reconcile with her? Omo bro...na only God go know wetin dey her mind. Where I fit reach you abeg? I go like make we talk for WhatsApp. The matter long. Thanks btw. |
Education › Re: How To Delete Posts On Nairaland? by Tenrack: 6:07am On Jul 09, 2025 |
faceland: If you want the whole thread to go... Just copy and paste my signature on the main post and it will be taken down by the bots... Only one hours suspension and one day ban from that specific section. what's your signature please. I can't seem to find it sir. Good morning |
Education › Re: How To Delete Posts On Nairaland? by Tenrack: 6:03am On Jul 09, 2025 |
faceland: Yes. Since it is their thread, only your comment would vanish. But if the OP post it on the original/modify post, the whole thread would vanish. bro please how can I take down a thread. I don't mind removing the posts one by one |
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Romance › Re: Love In The Time Of Naira Goodnews Andrew Eruemuare (sir A-one) by Tenrack: 1:58am On Jul 09, 2025*. Modified: 12:23pm On Jul 12, 2025 |
Good...,jdudjdjdjdjjdjdjdjdjdjdjdjdjdjdjdjdjfjdjdjdjdjdjdjdjdjdjdjdjdjdjdjdjfjfjdjfjdjjdjfjfjfjfjdjdjdhdjdjjdjdjdhdhdhdhdh |
Education › Re: Use Audio Recordings To Study Better by Tenrack: 1:41am On Jul 09, 2025 |
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Nairaland General › Re: Before Dangote, There Was Ojukwu: The Story Of Nigeria’s First Billionaire by Tenrack: 1:38am On Jul 09, 2025 |
cenaman: Sir Louis Odumegwu Ojukwu arrived in Lagos in 1929 with nothing and he became Nigeria’s first billionaire by 1960.
According to Forbes, shortly before Nigeria’s independence in 1960, Louis Odumegwu Ojukwu, was reportedly Nigeria’s first billionaire.
Sir Louis Odumegwu Ojukwu arrived in Lagos in 1929 with nothing but ambition and he rose to become Nigeria’s first billionaire by the time of its independence in 1960. He was known as the richest man in Nigeria during the pre-independence era, amassing wealth that rivalled global elites.
Ojukwu was born in 1909 in Nnewi, Anambra State. He was the only son in a modest household. After completing his primary education in Asaba and secondary education at Hope Waddell Training Institute in Calabar, he moved to Lagos in 1929 and began his career as a tyre sales clerk at John Holt.
A SERIAL ENTREPRENEUR:
When he noticed Igbo traders buying textiles alongside tyres, it prompted him to open Ojukwu Stores in Onitsha, marking his entry into entrepreneurship. By 1930, Louis expanded into transportation, purchasing a second-hand truck to move his goods, thus founding Ojukwu Transport Company.
His fleet grew rapidly, and by the late 1930s, he had built a powerful fleet and became a major transporter across Nigeria's East-West road. By the 1950s, Ojukwu’s transport business had expanded to include over 200 trucks, making it one of the largest fleets in West Africa at the time due to post-war demand for West African raw materials.
Transportation was just the beginning. Ojukwu ventured into:
Textile trading (Ojukwu Textiles)
Cement business
Stockfish imports (he pioneered this in Nigeria)
Real estate.
He was also a founding figure in Nigeria’s financial sector, becoming the first president of the Nigerian Stock Exchange in 1960 and serving as the president of the African Continental Bank. He sat on the boards of Shell Oil Nigeria, Guinness Nigeria, Nigerian Cement Factory, Nigerian National Shipping Line, Nigerian Coal Corporation, Costain West Africa, and many more.
In 1960, his support for the British during World War II which he did by lending his trucks earned him a Knighthood of the British Empire (KBE).
His Wealth:
By the time Nigeria gained independence, Ojukwu’s wealth was staggering. Estimates place his fortune at $4 billion to $40 billion in today’s value. Sources like Wikipedia suggest $4 billion, while others like Forbes Africa propose $40 billion, factoring in compound interest or broader asset valuation.
He was:
The first President of the Nigerian Stock Exchange
President, African Continental Bank
Chairman, Nigerian Cement Company (NIGERCEM)
CEO, Ojukwu Transport Company with over 5000 fleet of trucks
Chairman, Nigerian National Shipping Line with over 100 ships and vessels
Chairman, Lion Of Africa Insurance Company
Chairman, BISCO Nigeria Limited
Chairman, Nigerian Industrial Development Bank was founded to specifically give loans to industries
Vice President, Lagos Chamber Of Commerce
Chairman, Palmline Shipping company
Chairman, Nigerian Produce Marketing Board
Chairman, Eastern Nigerian Development Corporation
Chairman, Costain West Africa
Director, Shell D’Arcy Petroleum
Director, Thomas Wyatt & Son
Director, Nigerian Coal Corporation
Director, Guinness Nigeria Limited
Director, Nigerian Tobacco Company
Director, Daily Times of Nigeria.
His fleet reportedly included:
Over 5,000 trucks
More than 100 ships
Properties and stock portfolios across sectors.
One of the most iconic symbols of his status was his Rolls-Royce Silver Wraith, which was used to chauffeur Queen Elizabeth II during her visit to Nigeria in 1956.
Ojukwu was not just a businessman, he was a mentor. Some of Sir Ojukwu’s early drivers such as Chief Ilodibe (Ekene Dili Chukwu) and Chief Izuchukwu (Izuchukwu Transport) would later become Transport moguls themselves. His generosity also helped build Nnewi into an entrepreneurial hub, now referred to as the "Japan of Africa" for its manufacturing strength.
Sir Louis Odumegwu Ojukwu passed away in 1966 in Nkalagu, Ebonyi State, just a year before the Nigerian Civil War. Despite his early passing at 57, Ojukwu’s legacy continues. He remains a symbol of Igbo entrepreneurship, African excellence, and generational wealth. His son, Chukwuemeka Odumegwu Ojukwu, (also deceased) would go on to lead the secessionist state of Biafra during the war.
https://www.pulse.ng/articles/lifestyle/first-billionaire-in-nigeria-ojukwu-2025041511375291392 cenaman good morning bro abeg help me edit your comment here wey you quote me. Help me remove the four pics abeg. https://www.nairaland.com/8461427/got-scammed-served-breakfast-single/7God bless you bro. |
Sports › Re: Cristiano Ronaldo Signs €400m Al-nassr Contract. by Tenrack: 7:55pm On Jul 08, 2025 |
cenaman brother abeg no vex say I dey worry you. Help me remove her pics abeg. I won free the matter. |
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Business › Re: What's That One Financial Mistake You Think Young People Make Today? . by Tenrack: 7:20am On Jul 08, 2025 |
budaatum: Not investing for the future. And that's not only money. Getting an education is an investment. could you please elaborate on education so someone out there doesn't misunderstand the message you're trying to pass. Because we have lots of "educated" people these days but it still doesn't reflect positively on the type of society we have out there. Blessed morning to you. |
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Crime › Re: More Updates On The Unauthorized Transfer Made From My Access Bank Account by Tenrack: 2:24pm On Jul 06, 2025 |
Kavarat: He is odutayo olawale John. Firebox123 Go and search Google. You think accusing innocent people of scams will save your stain names. He is accomplise with stephan ayantoye. Just browse his name Also known as Fetalu4u Always accusing innocent people. Just Google his name Clydecarson. Just be careful and don't mind this theif. He scammed Tenrack and other people. Just search for Firebox123 I can attest to this. I told you to email me sir. You didn't. Happy Sunday boss |
Romance › Re: Babe At The Salon Called 4 Men For Hair Money: All Of Them Sent Hair Money by Tenrack: 10:15am On Jul 06, 2025*. Modified: 12:05pm On Jul 06, 2025 |
Double0h7: God punish poverty! This is not a flex! 
I have nothing more to say  it's really disturbing and irritating. I wish lots of ladies can adopt your mindset. It's nothing to be proud of. Belittles them, and questions their ability to fend for themselves. Sadly, a lot of our women nowadays don't care. In their minds they are using men to get what they want but it's nothing to be proud of. Thanks for always being honest with your submission, ma. |
Romance › Re: Eye Test - Write What Number You See In Comment Section by Tenrack: 6:34pm On Jul 05, 2025 |
3452839 hshsjsjsjhshshshshshshshhshshshshshs |
Romance › Re: UK Based Nigerian Lady Says She Cannot Bring A Man To The UK by Tenrack: 2:52pm On Jul 05, 2025 |
Teymanhenry: ... So? I am...... .just a bit confused here. Honestly sir/ma. Mean no offence. Never mind. |
Romance › Re: Can You Marry A Struggling 38 Year Old Woman? by Tenrack: 9:36am On Jul 05, 2025 |
UyaiIncomparabl: Thanks.
Synonyms: Said, claimed, asserted. etc. Do you get it? oh yeah. Thank you very much. Makes a lot of sense. Appreciate you. |
Romance › Re: Can You Marry A Struggling 38 Year Old Woman? by Tenrack: 2:33am On Jul 05, 2025 |
Nnamdipapa: I mean I will have her give me one child and be my baby mama instead of a wife. I will also compensate her heavily and take care of my child. I will make her my baby mama. Man, that's weird. Wouldn't it be better if you made her baby mama from the go. Well, I donno sha. Everything just tire me these days everything is a gamble. |
Romance › Re: Can You Marry A Struggling 38 Year Old Woman? by Tenrack: 2:26am On Jul 05, 2025 |
Nnamdipapa: Honestly, the other part would have to read between the line and make the decision as to when to leave. No one needs ro be set free in 2025 and my advice also goes for the lady who is dating a guy not up to her standards.
That someone is not good enough for marriage dies not mean she is not useful for other purposes. Also, I am increasingly not seeing the purpose of a marriage to a successful young man after being married a long time myself. If I have a redo, I will go with a baby mama of one child and take care of the woman znd child while never getting married. Huh...you say wetin? There's no way you won't get attached. She'll never be completely yours na |
Romance › Re: Can You Marry A Struggling 38 Year Old Woman? by Tenrack: 2:23am On Jul 05, 2025 |
UyaiIncomparabl: If she's employable, employed like you postulated and industrious, then very well. That's a great step.
Financial stability is something that can be hard to hack especially in this part of the divide where one has to work thrice as hard as anything to break even. On the other hand, a lot of people are just late bloomers, had less access to information that could have helped them earn money or skills to pave way to their financial freedom, or were just plain unambitious or laid-back. And you know that thing they say about time? A lot of people do not utilise it well; they stay hoping that things will just metamorphose or would glide from one enjoyment to the other. Well, reality bites hard in the end.
Is the suitor financially stable to carry the burden pending when she breaks even? Does she have skills that can be invested in should the need arise?
Be very practical with your eventual decisions. love the way you write. Please how do you mean by postulated? I checked didn't really give me what I wanted. Thanks |
Romance › Re: UK Based Nigerian Lady Says She Cannot Bring A Man To The UK by Tenrack: 8:15pm On Jul 04, 2025 |
Teymanhenry: Only one in a 100 women will bring a man to the UK with their money. But men do that all the time. Now you can use this as a criteria to understand which gender truly loves or have a fragile heart are you female? Or are you male? I'm confused sr/ma. Na man dey your profile pic 🥺 |
Health › Re: I Am Addicted To Eating Nzu!!!!! by Tenrack: 12:08pm On Jul 04, 2025 |
dollytino4real: yes oooo but no do oooooóooooo abeg oooooooooooo why naw. Wetin go happen? I tell you say I dey struggle with digestion na. Why? Is it addictive ni |
Health › Re: I Am Addicted To Eating Nzu!!!!! by Tenrack: 10:06am On Jul 04, 2025 |
dollytino4real: nothing like dat o!! The only thing i noticed to po, po every day unlike me b4 2-3 days i don't po,po dey said it aids in quick digestion of food for real? Digestion of food? Abeg I need it o. I am struggling with digestion. You sure it makes you go to toilet daily? |
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