Top 5 Richest Forex Traders In Nigeria In 2024

In this article I will be sharing with you the top 5 richest forex traders in Nigeria in 2024 and their net worth. There are many successful Forex traders in Nigeria who are silent. However, due to the nature of this business, it is difficult to determine who the richest Forex trader in Nigeria is. Many of them keep their business activities secret and do not reveal their earnings or profits to the public, only few of them do that. So therefore, after a careful study and research I present to you the top 5 richest forex traders in Nigeria in 2024 and their net worth.

5. Sandile Shezi

Sandile Shezi is a South African trader with Nigerian origins who grew up in conditions of severe abject poverty. He is one of the youngest forex traders in Africa. He rose to prominence as one of Nigeria’s most successful forex traders by borrowing tuition funds meant for university to join the currency market. He started his forex trading journey in 2015 and currently has an estimated net worth of $7 million. He traded stocks and currencies in the OctaFX market and earned a profit despite having no previous trading experience or economic background. Shezi spent a substantial amount of time studying forex terminology, various trading strategies, and risk management systems, and now he devotes his time to assisting others who aspire to begin trading in the forex market.

4. Jeffrey Benson

Jeffrey Benson is a Nigerian Forex Trader and Youtuber. He was born in Edo state where he spent his early life with his parents and then relocated to Lagos at an early age of nine when he lost his mom. And he spent most of his early age with his older siblings who took care of him. Jeffrey Benson had been a Freelancer right from day one. He never knew how paycheck looks like. He has worked on Fiverr, upwork and several freelancing websites. Jeffrey Benson started his journey in forex trading in 2017 focusing on GBPUSD that is British Pounds against the United States Dollars and gained consistency in a year. He built an account from $25,000 to $240,000 in less than six months. And that was a breakthrough in his career. Jeffrey Benson also flipped multiple small accounts in matter of days which is featured in his YouTube channel. He has been featured by top financial analyst on their show. He has an estimated net worth of $10 million. He drives a white customized Range Rover Sport and has four houses and splits of exotics cars in Lagos. He is the cofounder of Consummate Traders, a prop firm that give traders capital to trade after passing their challenges.

3. Damilare Ogundare 

Making the number 3 on our list of the top 10 richest forex traders in Nigeria in 2023 is Damilare Ogundare. He is the founder of Habby Forex Trading Academy. He is one of the top forex traders in Nigeria. He is regarded as one of the most influential forex traders with a net worth of $15 million. He is ECOWAS youth ambassador and currently an undergraduate of University of Lagos (UNILAG). He became a millionaire at the age of 20. He started trading forex in 2017. He has helped turn about 300 Nigerian youths into profitable forex traders, and he began his company in 2018 when he earned his first million. In 2023, Damilare Ogundare became the first Forex trader in Nigeria to buy a Lamborghini worth over $400,000 (#350 million). He has several flits of luxury cars and many mansions in Lagos and Abuja. He is the founder of Consummate Traders, a prop firm that give traders capital to trade after passing their challenges.

2. Dapo Willis

Dapo Willis is a Forex trader with over 11 years of trading experience, a serial investor and a keynote speaker. With many years of trials and errors, he has discovered a recipe that can make any determined person become successful in the forex market. Dapo Willis currently resides in Dubai. He has signed so many endorsements deals with top firms in Nigeria and also manage funds for wealthy investors in Dubai, including Africa’s richest man, Aliko Dangote. He is a successful forex trader. Dapo Willis owns several fleets of cars and houses. He has a G-Wagon, a Mercedes Benz and a Range Rover Sports and many expensive cars. At the age of 17, he started his Forex trading journey in Nigeria. He later moved to the UK to further his education. Dapo Willi has a net worth of $20 million. He became a millionaire at the age of 28.

1. Uche Paragon

Uche Paragon is Nigeria’s wealthiest forex trader, with an estimated net worth of over $25 million. He is the owner of two forex trading college, one in Lagos and one in Port Harcourt. He also has a trading business known as CCI Traders. Uche Paragon is a household name in the Nigerian online forex sector and requires no introduction to forex trading industry in Nigeria. He is also well-known for driving expensive automobiles cars worth millions of naira. He began trading since 2007 and has amassed considerable wealth since then. He chooses to trade oil since it is one of the most volatile commodities on the market and there is never a lack of news to cause the price of oil to fluctuate daily and he uses XM Forex broker. Uche Paragon is the richest forex trader in Nigeria in 2024.

Austine Ikeru
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