10 Nigerian Wealthy Billionaires That Live In Banana Island

In this article I will be sharing with you 10 Nigerian wealthy billionaires that live in Banana Island. Banana Island is an artificial island located in Ikoyi, Lagos, Nigeria. It is said to be the most expensive estate in Africa. This is where you will find the most expensive houses in the whole country. The rich always like to mingle with their fellow rich and of course they can afford what an average man on the street can’t afford because of their wealth and affluence.

Banana Island is filled with expensive houses, plus the luxurious and foreign fast cars of its inhabitants. Banana Island was designed to have exquisite class, from the infrastructure to the palm trees planted just like it’s done in Dubai. Banana Island is also adorned with natural and beautiful trees, serene environment and overall natural beauty. You actually do not need to drive far to get whatever you need because everything needed is actually close by from schools to hospitals, clubs and stalls with well manicured lawns and good road network.

All this luxury however come with a price, Rich Nigerian celebrities has made this their dwelling place, you can however also purchase an apartment in this beautiful part of Lagos if you have a lot of money to blow.

This location is only meant for the rich and affluence and no poor man can live in Banana Island. So therefore, after a careful study and research I present to you 10 Nigerian wealthy billionaires that live in Banana Island.

1. Mike Adenuga

Mike Adenuga is a Nigerian entrepreneur, investor and a business magnate. He is the Chief Executive Officer (CEO) and chairman of Globacom Telecommunication Network popularly known as GLO. He is currently the second richest man in Nigeria. His company Globacom is the second-largest telecom operator in Nigeria and has a presence in Ghana and Republic of Benin. Mike Adenuga has always been a hustler, he started as a taxi-man to get money for his education and eventually worked his way up to becoming one of the richest men in Nigeria and in Africa as a whole. Mike Adenuga owns a mansion in Banana Island worth over N1.2 billion naira.

2. Aliko Dangote

Aliko Dangote is a Nigerian entrepreneur, investor and a business magnate. He is the Chief Executive Officer (CEO) and chairman of Dangote Groups. His company specializes in the production and exportation of cement and food commodities in Nigeria and other African countries. He is currently the richest man in Africa. Not only is he the wealthiest man in Africa, he is also among the 150 richest people in the world. Aliko Dangote owns a mansion in Banana Island worth over N2 billion naira.

3. Ahmed Tinubu

Ahmed Tinubu popularly known as Jagaban! He is an ace politician and a businessman. He is the former Governor of Lagos State. He is a public figure and a member of All Progressive Congress (APC). He is the owner of so many companies in Lagos. He is the owner of Oriental hotel, a five star hotel also regarded as the most expensive hotel in Nigeria that charges minimum of N100,000 naira per night. Ahmed Tinubu owns a mansion in Banana Island worth over N1.5 billion naira.

4. Kola Abiola

Kola Abiola is the son of one of Nigeria’s successful billionaires and a onetime elected president of the Federal Republic of Nigeria late Chief MKO Abiola. Kola Abiola is also a successful billionaire himself. He owns several companies and real estate’s all over Nigeria. Kola Abiola owns a mansion in Banana Island worth over N800 million naira where he lives quietly with his family.

5. Iyabo Obasanjo

Iyabo Obasanjo is the daughter of Nigerian former president Chief Olusegun Obasanjo. Apart from having an ex president as a father, she is also a successful politician and a business woman herself. She owns several businesses and real estate investments under her name. Iyabo Obasanjo owns a mansion in Banana Island worth over N700 million naira.

6. Linda Ikeji

Linda Ikeji is a blogger and a female entrepreneur. She is regarded as the richest blogger in Africa. Linda Ikeji has also been listed by Forbes as one of the most influential women in Africa. Linda Ikeji has made her name through blogging on the blog network blogger. She is owner of Linda Ikeji Blog which happens to be the most popular blog in Africa. She earns her money true direct advert and sponsored post. Linda Ikeji owns a mansion in banana Island worth over N850 million naira. The former model shared how she worked tirelessly for several years before making the breakthrough. According to Linda Ikeji when she eventually gets married she would leave her banana island apartment for her parents and move on to her husband house.
She currently lives in her mansion in Banana Island alongside with her parents and siblings.

7. Sayyu Dantata

Sayyu Dantata is a Nigerian entrepreneur, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of MRS Group. He is a graduate of Accountancy and had some accounting skills. Sayyu Dantata is the Founder and Chief Executive Officer of MRS Group. He has been a Non-Executive Director of Nigerian Telecommunications. Sayyu Dantata’s father was the wealthiest person in Nigeria about 50 years ago and his son has taken over his empire. Sayyu Dantata owns several companies and firms in Nigeria. Sayyu Dantata owns a mansion in Banana Island worth over N2 billion naira.

8. Tundun Abiola

Tundun Abiola is the daughter of one of Nigeria’s successful billionaires and a onetime elected president of the Federal Republic of Nigeria late Chief MKO Abiola. Tundun Abiola is also a successful billionaire herself. She is the sister of Kola Abiola. She started off living in the United States of America before returning to Nigeria. She is also a successful lawyer. She owns several businesses and real estate investments in Nigeria.
Tundun Abiola owns a mansion in Banana Island worth over N750 million naira where she lives quietly with her family.

9. Peter & Paul Okoye

Nigerian most popular twin’s musician Peter and Paul Okoye who formerly go by the stage name P Square but had to change their brand name to Mr. P and Rudeboy after their separation are one of Nigerian musicians who owns a mansion in Banana Island. Peter and Paul Okoye have been in the Nigerian music industry for over two decades. They are regarded as one of the richest musicians in Africa. Peter and Paul Okoye owns a mansion in Banana Island worth over N850 million.

10. Diezani Alison

Diezani Alison is a Nigerian female entrepreneur, politician, investor and a business magnate. She was the first female President of OPEC. She was elected at the 166th OPEC Ordinary meeting in Vienna on 27th November 2014. She became Nigeria’s minister of transportation on 26th July 2007. She was moved to Mines and Steel Development in 2008, and in April 2010 she was appointed as Minister of Petroleum Resources in Nigeria. Diezani Alison studied Architecture in England and then at Howard University in the United States of America. In 1992, she returned to Nigeria and joined Shell Petroleum Development Corporation. Diezani Alison owns a mansion in Banana Island worth over N900 million naira.