The Chronicles

The Legacy of Sir Louis Odumegwu Ojukwu: Nigeria’s Pioneer Billionaire and Industrial Magnate

The first billionaire in Nigeria and West Africa was Sir Louis Phillip Odumegwu Ojukwu. He amassed wealth of $14 billion in present-day value from palm oil exportation before diversifying into transportation, textiles, and other ventures. He was also the founder of the Nigerian Stock Exchange (NSE) and played a pivotal …

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