Top 10 Richest Forex Traders In Nigeria – In this article, I will share with you the 10 richest forex traders in Nigeria in 2023 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 is the richest forex trader in Nigeria.
Many of them keep their business activities secret and do not disclose their income or profits to the public, only a few do. So, after extensive research and research, I would like to introduce to you the 10 richest forex traders in Nigeria in 2023 and their net worth.
10. Patrick Ogagbor
Patrick Ogagbor started his forex trading journey in 2003. He was a previous employee of Zenith Bank before quitting to pursue a career as a full-time professional Forex trader. He started trading the forex market in 2003 and has since amassed a fortune for himself. Patrick started with a capital of $200 and by 2007 he managed to turn it into $5,000 profit while trading part-time. In 2016, he decided to quit his employment to focus full-time on forex trading. Patrick is proof that successful traders can be born from small beginnings. He is without a doubt one of the greatest forex traders in Nigeria due to his customized risk management and constant execution of his plan. He believes that to optimize earnings, the market environment must be understood. He has an estimated net worth of $200,000.
9. Benjamin Ajimoko
Benjamin Ajimoko is a successful forex trader who achieved success via the use of the proper attitude and trading psychology. Instead of trading the markets full-time, he decided to become a forex trading instructor and he is currently a Senior Sales Executive. Benjamin Ajimoko’s success was undoubtedly aided by his sales experience. He now teaches novice traders and shares critical insights with his colleagues. According to Benjamin, the most important key to being a good forex trader is triumphing over emotions. His formula for success is to immerse himself in the enormous realm of trading information that exists alongside developing expertise in forex trading. He has an estimated net worth of $300,000.
8. Blessing Ezeako
Blessing Ezeako has established herself as one of the few female forex millionaires in Nigeria. She began trading as a side hustle but was able to transform online forex trading into a full-time business over time. According to local sources, Blessing Ezeako chooses to trade with HFM, one of the few forex brokers in Nigeria that provides an ECN account. She began trading the forex market as a side business and it has grown into full-time employment. She quickly discovered that Forex is neither a get-rich-quick scam nor a Ponzi scheme, but a slow and steady business. According to her, Education plays a significant role in all aspects of her trading experience which has earned her financial freedom. She has an estimated net worth of $400,000 making her one of the richest forex trader in Nigeria.
7. Chinedu Onuoha
Chinedu Onuoha began his career trading forex before branching out to commodities, futures, and stocks. He traded forex actively for 12 years before beginning to provide courses and tactics to other newbie traders in Nigeria. His success in forex trading stems from his exploration of sustainable forex techniques and adherence to risk management measures. After some time trading forex, he broadened his trading horizons and began trading commodities, futures, and stocks. Chinedu Onuoha is presently employed in the capacity of a teacher, instructing others on how to become successful Forex traders. He is a one of a kind figure in Nigeria due to his teaching techniques and expertise he has, which should inspire even the most seasoned traders. He has an estimated net worth of $500,000.
6. Bade Afioluwa
Bade Afioluwa is an exceptional wealth-oriented man who has suffered several losses during Forex trading. Despite his entrepreneurial background, he chose to pursue a new potential goldmine and quickly recognized that trading the Forex market may significantly boost his chances of being rich in a short period of time. Before his success story, Bade lost a large sum of money due to his gambling attitude to the Forex market. He accepted full responsibility for his errors and set out to perfect a counter-intuitive and lucrative approach to market dominance. Eventually, it all worked out for him, and he was regarded as one of Nigeria’s top currency market players. Bade Afioluwa has an estimated net worth of $600,000.
5. Sandile Shezi $3 million
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 $3 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 $5 million
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 $5 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 $10 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 Willis has a net worth of $15 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 $21 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 2023.