The best forex traders in Nigeria are dominating the Nigerian retail foreign exchange market. They research and employ well-informed strategies to amass tremendous returns over time. Many of them choose to share their knowledge and expertise with others via an active presence on social media.
Curious about which Nigerian Forex traders are currently at the top of their game?
Table of Contents
Top 10 Richest Forex Traders in Nigeria
#1. Uche Paragon
- Net Worth: $20+ million
- Instagram ID: @uche_pofficial
- Followers: 828
By far, the current wealthiest forex trader in Nigeria is Uche Paragon, who boasts a remarkable net worth reaching over $20 million. His influence is significant as a tech influencer, risk and portfolio manager, commodities and forex trader, and entrepreneur.
Paragon is an accomplished businessman from Lagos, Nigeria. He’s an excellent example of a young, astute investor who steadily accumulated significant wealth through profitable trading decisions.
He received his education in his home country, where he obtained a First School Leaving Certificate and West African Senior School Leaving Certificate. He then pursued higher education at a prestigious Nigerian university in Port Harcourt.
Today, Uche Paragon runs a thriving trading business called CCI Traders and owns two renowned forex trading institutions in Nigeria, one in the city of Port Harcourt and the other in Lagos.
Alongside FX, he primarily focuses on oil, a volatile commodity that is constantly making headlines and fluctuating in price. He’s also noted for his impressive collection of sought-after cars with stunning price tags.
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#2. Dapo Willis
- Net Worth: $10 million
- Instagram ID: @dapo.willis
- Followers: 54,000
The second-wealthiest Nigerian forex trader is Dapo Willis, whose net worth sits at a whopping $10 million.
An accomplished market analyst, keynote speaker, and financial coach, he’s shown himself to be highly capable in regards to both mastering the market and educating beginners or struggling investors to become successful forex traders themselves.
With a clear knack for profitable trade techniques, Willis has gained widespread respect and recognition within the forex trading market, with several high-profile investors seeking out his proven expertise and guidance. As such, he’s been entrusted to manage the massive funds of some of Nigeria’s wealthiest individuals, including billionaire Aliko Dangote.
A famed top earner in the industry, Nigerian forex trader Dabo Willis reached self-made millionaire status at age 28. He acquired his wealth through diligent trial and error, gradually honing in on an impressive success rate to ultimately fund a fleet of stunning homes and elite luxury vehicles.
Willis began trading forex in Nigeria; he later relocated to the UK for continued education and currently resides in Dubai. He’s accumulated a number of endorsement deals along with his prominence, and he professionally applies his highly sought-after, proven-profitable tactics to the fund management of several high-profile investors.
You might find it interesting to read: >> Top Forex Brokers in Nigeria <<
#3. Ejimi Adegbeye
- Net Worth: $5 million
- Instagram ID: @ejimi_the_profitable_investor
- Followers: 190,000
Ejimi Olufukeji Adegbeye has gained a reputation as a forex coach, ex-bank trader, and wealth manager.
His focus is on helping people gain a solid understanding of how to invest wisely and earn faster profits to effectively achieve financial freedom. His net worth currently rests at $5 million.
Also a pastor, Adegbeye offers guidance in seeking personal fulfillment in life on earth through his teachings of scripture as well as practical life lessons. He’s known for offering effective guidance for forex trading and demonstrating an unparalleled dedication to helping facilitate success for others.
Olufukeji Adegbeye is among the most influential Nigerian traders. Beginning at a young age and demonstrated his exceptional excellence early on. He’s been recognized with prestigious awards and has also been included on lists of the most influential people in Africa.
Ejimi Adegbeye is among the most prosperous Nigerian forex experts, ranking third wealthiest overall.
#4. Damilare Ogundare
- Net Worth: $5 million
- Twitter ID: @Habbyforex_
- Followers: 24,400
Recognized for his top-earning track record in the vast frontier of forex trading, Damilare Ogundare is the fourth wealthiest investor. Habbyforex has a net worth estimated at about $5 million. He is currently a popular name in forex trading in Nigeria.
With an especially early start, Ogundare – who also goes by the moniker HabbyFX – established himself on the trading scene when he became a self-made millionaire at the remarkably young age of 18. He’s hands-down the youngest figure among the wealthiest forex traders in Nigeria.
Moreover, he has built a strong reputation as the esteemed founder of a prominent education institution called Habby Forex Trading Academy, for which he also serves as CEO. The school offers both online and physical campuses, with three Lagos State locations.
Damilare Ogundare has certainly demonstrated an unshakeable commitment to his trade. He is known for being a youth ambassador for the Economic Community of West African States as well as a partner with multiple leading forex brokers, like ICM and Infinox.
The young millionaire is a leading forex trader in Nigeria. Ogundare is currently continuing his education while expanding his collection of prized, high-value cars. He has made headlines for helping hundreds of Nigerian youth become successful investors and forex traders.
#5. Jeffrey Benson
- Net Worth: $1.5 million
- Twitter ID: @JeffBensonForex
- Followers: 16,800
Another hardworking, top-earning Nigerian forex trader is Jeffrey Benson, whose $1.5 million net worth puts him fifth on the list. He started in 2017 and promptly gained financial freedom as a multi-millionaire forex trader at just 20 years old.
Born in Edo State, he received his primary and secondary school education in Nigeria, then obtained a degree in law from Delta State University. After years of dedication and focused work, he’s racked up a long list of notable accomplishments.
A prominent Nigerian trader, Benson also founded a popular forex trading school dedicated to instilling and enhancing the critical skills necessary to succeed in the currency market. He and his learning institution are committed to empowering young and novice investors so they can become proficient and profitable FX traders.
Jeffrey Benson is the fifth-most affluent Nigerian forex investor. He is considered among the highest-profile Nigerian traders, and as a result, he has been featured on various finance programs. He gained additional notoriety following the online/YouTube publication of his successful management of several financial accounts to garner impressive profits rapidly.
Along with founding his Nigerian forex academy, Benson is known for growing a modest $25,000 account to an astonishing $240,000 in under six months.
#6. Sandile Shezi
- Net Worth: $1.3 million
- Instagram ID: @sandileinnocentshezi
- Followers: 201,000
Coming in strong as the sixth-wealthiest, Sandile Shezi started in 2015 and has skyrocketed to success as a triumphant forex trader in Nigeria. The trader has steadily and strategically acquired a net worth of around $1.3 million following the initial application of his tuition-intended student loans to get his start in investing.
Through smartly trading stocks and currencies within the OctaFX market, Shezi managed to maximize his modest beginning investments despite possessing virtually no economic background or trading experience. His profits gradually grew as he continued to study savvy investment strategies, industry terminology, and systems for risk management.
Today, Sandile Shezi is devoted to furthering the trading business by teaching beginners successful investment strategies and helping others get their start in gaining financial freedom through forex trading.
Shezi comes in sixth on the list of wealthiest Nigerian FX traders, with an impressive track record of profitable investment decisions over several years. Like many other masterful traders, he is also making waves with his inspiring career by instructing others on how to thrive in the currency trading market.
#7. Patrick Ogagbor
- Net Worth: $600,000
- Twitter ID: @patrick52126993
- Followers: 36
Among the top 10 richest traders in Nigeria is Patrick Ogagbor, who comes in seventh with a net worth estimated at $600,000. The affluent investor has made a name for himself as a highly successful FX trader following an extremely modest initial investment.
Ogagbor is a powerful example of the truly tremendous potential that lies in the most humble beginnings. With ongoing dedication and hard work, Patrick Ogagbor has shown just how far a savvy investor can go.
He began with part-time trading while he was working as a banker for Zenith Bank. In 2007, while trading on a part-time basis, he managed to grow his capital to $5,000 from a modest starting investment of just $200.
By 2016, Ogagbor was successful enough to resign from his position at the bank and begin full-time forex trading. His story is undoubtedly among the industry’s most inspirational, as he’s now firmly established himself as among the most influential Nigerian forex traders.
His strategies for risk and finance management include consistency, constant execution, and following a customized formula. He has certainly demonstrated his deep understanding of the currency market, recently growing his net worth to $600,000 from an estimated $150,000 in a matter of months.
#8. Benjamin Ilesani Ajimoko
- Net Worth: $400,000
- LinkedIn ID: BENJAMIN AJIMOKO
- Followers: 3,500
Amassing a formidable net worth totaling about $400,000, up from an estimated $100,000 in just about six months, Benjamin Ilesani Ajimoko is rightfully ranked the eighth-wealthiest forex trader in Nigeria.
The prominent forex trader is skilled in his capacity for both understanding the market and passing on said knowledge through educating novice traders. He’s made a name for himself through his wise, profitable investments, as well as by preparing other investing beginners for obtaining their own success.
He’s regarded for possessing an impressive knowledge base as well as for his marked abilities in conveying crucial, proven insights to fellow traders, beginners, and colleagues. His proficiencies go beyond standard market strategies, extending into the psychological. He’s particularly vocal about the importance of one’s attitude in successful trading.
Benjamin Ilesani Ajimoko stands out for his wealth of sales experience, operating as a senior sales executive and a trading instructor and providing ongoing insights to novice investors. He credits his success to overcoming his own emotions and clearly possesses specialized expertise gained from intentional information immersion.
#9. Chinedu Onuoha
- Net Worth: $280,000
- Twitter ID: @profedu2001
- Followers: 237
Renowned Nigerian FX trader Chinedu Onuoha ranks as the ninth most affluent in the country, with an approximate net worth in the $280,000 range. After trading for more than 12 years, he has acquired a level of expertise and recognition that makes him a highly in-demand resource for traders nationwide.
He’s a methodical, patient forex trader who has consistently accrued profits and steadily obtained financial success over the course of several years. A deft analyst, he can swiftly and accurately spot market trends to make expert-level decisions from an exceptionally informed knowledge base.
In addition, he’s made a name for himself as a forex investment mentor and generous trading teacher, actively spreading his practical financial lessons and advice to help aspiring traders gain the knowledge and experience needed to improve their personal skill sets and gain financial freedom.
Onuoha trades in forex, commodities, futures, and stocks and follows specific risk management measures, which he routinely passes on to beginners. He applies one-of-a-kind techniques to expand his own profits as well as those of others.
#10. Bade Ajidahun Afioluwa
- Net Worth: $220,000
- Instagram ID: @afijarod
- Followers: 2,300
The tenth-wealthiest Nigerian FX trader on the list is Bade Ajidahun Afioluwa, with a present net worth reaching approximately $220,000.
Upon his start with forex trading, he initially struggled and suffered significant losses. With time and practice, though, he eventually overcame his obstacles as he honed a much more successful strategy to ultimately dominate the market.
It’s no secret that Ajidahun Afioluwa’s trading career began with several serious setbacks, as a carefree, gambling attitude reportedly drove him to make multiple unfortunate investments. Despite this rough beginning, and thanks to his determination and consistent advancement over a long period of time, he has now established himself as among the most affluent forex traders in Nigeria.
Ajidahun is a top-earning investor, regarded for his long-honed application of strategic investment practices that have garnered him a net worth totaling $220,000.
FAQ (Frequently Asked Questions)
Who is the richest forex trader in Nigeria?
The richest forex trader in Nigeria is Uche Paragon.
Who is the most successful Nigerian forex trader ?
Uche Paragon is the most successful Nigerian forex trader.
Is Forex Legal in Nigeria ?
Yes forex trading is legit in Nigeria but regulated by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commision (SEC).
Is Forex Trading a Good Career in Nigeria ?
Yes forex trading can be a good career in Nigeria.
Keep in mind that due to high risk involved it is not suitable for everyone. As a forex trader you can earn a lucrative income and trade independently from home but you need a specific skills set such as discipline, motivation, mathematical thinking and minimum capital to start with.
The currency trading market isn’t always kind or predictable, but for these top earners, it has proven to be an exceptionally worthy endeavor.
These heavy hitters are continuing to turn heads by earning massive profits for themselves and others. They reliably transform well-placed investments with their hard-earned knowledge and exceptional trading skills.
Given their financial, social, and digital influence, the impressive status of these investors in the world of forex trading in Nigeria is irrefutable. These well accomplished traders will likely continue to grow their businesses and personal fortunes for years to come.