Nigeria has been regarded has one of Africa’s best and most accommodating countries for foreigners looking to settle down and succeed in Africa. In times past, many foreigners from Lebanon, India and surrounding countries, immigrated their families to Nigeria in search for greater comfort and financial gains. The following list of top 11 richest foreign families doing business in Nigeria, portrays the business success stories of smart patriarchs of those families. Most of these businesses still exist today, many are still generating great wealth for their founding families and some may be struggling. Kano state underwent Boko Haram attacks and economic downturn within the past decade that affected certain businesses.
- The Aswanis – Indian Haresh Aswani is the Chief of the well-diversified Tolaram Group, Owners of Indomie Noodles. Lagos Based.
- The Chagourys – Lebanese Ronald Chagoury is Chairman of the popular Chargoury Group. Lagos based.
- The El-Khalils – Lebanese Faysal El-Khlil is Chairman of the well-known Seven-Up Bottling Company PLC. Lagos based. His father Mohammed El-khalil founded the company in 1926. 7up is headquartered in Lebanon and operates in Nigeria, Ghana and Tanzania.
- The Moukarims – Lebanese late patriarch of the family Faiz Moukarim founded the notable Moukafoam. Hasib Moukarim is Managing Director of Nigeria Gas and Steel Limited. Kano based.
- The Leventis – Well-known in Oyo state, owners of the popular Leventis supermarket. Based in Ibadan.
- The Fadlallahs – Patriarch Muhammed Ali Fadlallah has served as Consul General of Lebanon in Kano State. Kano based.
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