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The 2025 Africa Wealth Report by Henley & Partners ranked African countries by their number of dollar millionairesNigeria is home to an estimated 7,200 millionaires, 20 centi-millionaires and 3 billionaires, according to the reportDespite its ranking, Nigeria recorded one of the steepest millionaire population declines on the continent over the past decade
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Nigeria has maintained its position as the fourth-richest country in Africa by the number of dollar millionaires, despite experiencing one of the continent’s most significant declines in wealthy individuals over the past decade.
The latest 2025 Africa Wealth Report, released by Henley & Partners in collaboration with New World Wealth, shows that Nigeria remains one of Africa’s leading wealth hubs, with thousands of high-net-worth individuals residing in the country.
Nigeria ranks high on the list of African countries with the highest number of
