Home Latest Insights | News Master Investment Principles and Let’s Reverse: “The three richest men in Nigeria have more wealth than 83 million Nigerians”

Master Investment Principles and Let’s Reverse: “The three richest men in Nigeria have more wealth than 83 million Nigerians”

Master Investment Principles and Let’s Reverse: “The three richest men in Nigeria have more wealth than 83 million Nigerians”

Tekedia Institute’s Learner-Managed Investment Fund and Portfolio Management program is designed to provide learners with hands-on experience in performing investment research, investing capital, and managing a portfolio during studies in Tekedia Institute.

he program is divided into core four phases – Investment Fundamental and Tools, Laboratories and Research, Investment Execution, and Lessons Learned. The first edition will begin on March 6, 2023 for 12 weeks (covers the first three phases), and about 6 months later, the learners will reconvene, for another 3 weeks (covers the last phase). Go here and register.

We invite you to join us and together we can reverse this bombshell data by Oxfam: The three richest men in Nigeria have more wealth than 83 million Nigerians. Yes, shared prosperity through elevation of all, by investing and providing opportunities to build new industries and market systems, even as you invest in things that can enable ordinary people to climb the wealth ladder.

Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.

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Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

Because the 1% cannot be expected to self-disarm, our option is to master their games, and take it to them. And that means, going after those opportunities as WE THE PEOPLE before they even know about them. Come and let us develop the wealth playbook of the new century at Tekedia Institute.

Oxfam in Nigeria on Monday announced that three of the richest men in the country are wealthier than 83 million Nigerians. […]

“The richest men in Nigeria have more wealth than 83 million Nigerians. The richest one per cent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 per cent of the world’s population, reveals a new Oxfam report today. During the past decade, the rich one per cent had captured around half of all new wealth,” Mr Ahonsi was quoted by Vanguard as saying.

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Meanwhile, Oxfam on Monday said that the world’s top one per cent grabbed nearly two-thirds of the $42 trillion in new wealth created since 2020.

In its new report released to coincide with the annual meeting of the World Economic Forum in Davos, Switzerland, the organization said the share was almost twice as much money as the amount obtained by the bottom 99 percent of the world’s population.

According to the report, titled “Survival of the Richest”, billionaire fortunes are increasing by $2.7 billion a day, while at least 1.7 billion workers now live in countries where inflation is outpacing wages.

The report noted that half of the world’s billionaires live in countries with no inheritance tax for direct descendants, putting them on track to pass on $5 trillion to their heirs, a figure that is more than the gross domestic product (GDP) of Africa.


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Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

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