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Billionaires who own the media in Nigeria


This isn't a new thing; Naira billionaires  have long influenced the news just by owning the medium. Nduka Ogbaigbena, Sam Amuka have been in the news business for decades. Other billionaires, like Bola Tinubu and Ifeanyi Ubah are new to it. Let's take a look at some of the billionaires who own media outlets.



Nduka Ogbaigbena
Founder: ThisDay Newspapers, Arise TV London, Arise Magazine

Nduka Obaigbena is a Nigerian media mogul, the founder of Nigerian based African newspaper Thisday, African focused style & culture magazine Arise and 24-hour international news channel Arise News.


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Alex (late) & Maiden Ibru
Founder: Guardian Newspaper Ltd
The Guardian Newspaper was established by Alex Ibru in 1983 assisted by Stanley Macebuh, a top journalist with the Daily Times newspapersand has been described as  one of “Nigeria’s most respected newspapers. The newspaper, was a pioneer in introducing high quality journalism to Nigeria with thoughtful editorial content, with a slogan - “CONSCIENCE, NURTURED BY TRUTH”.Since his passing, his wife Lady Maiden Ibru has become the publisher of the newspaper

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Barr. Jimoh Ibrahim
Publisher: Daily Newswatch Newspaper, National Mirror Newspaper, Newswatch Magazine
Barrister Jimoh Ibrahim acquired the National Mirror Newspaper, thereafter acquiring Daily Newswatch publications in quick succession. He is a controversial billionaire in Nigeria with interests in Oil and Gas, Insurance, Banking, Hotels, etc.



Ifeanyi Ubah
Founder: Authority Newspaper
The Capital Oil and Gas Industries boss and Founder of Ifeanyi Ubah FC is the publisher of Authority Newspaper.



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Bola Ahmed Tinubu
Founder: Nation Newspapers, TV Continental (TVC) and CONSAT Satellite TV, Continental Radio
Asiwaju Tinubu is a political leader in Nigeria and billionaire businessman with his hands in alot of businesses ranging from Airlines, Properties, Media,etc.



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Sam Nda-Isaiah
Founder: Leadership Newspaper Group
The former presidential aspirant under the APC is the owner of Leadership Newspaper.



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Chief Sam Amuka Pemu.
Founder: Vanguard Media (owners of Vanguard Newspaper)
Veteran Journalist and one of the oldest practitioners in the industry owns Vanguard Newspapers. He founded it with three friends in 1984.


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Mr. Wale Aboderin (son of Olu Aboderin)
Publisher: Punch Newspaper Group
Wale Aboderin, the son of (late)James Aboderin an accountant who founded Punch Newspaper with his friend , a journalist and columnist Sam Amuka



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Orji Uzo Kalu
Founder: Daily Sun Newspapers, New Telegraph Newspapers
Dr Orji Kalu is a former Governor of Abia state and the chairman of Slok Holdings, a diversified business with interests in Airlines, Oil and Gas, Banking, Shipping and Media


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Ben Murray Bruce
Founder: Silverbird Dream Networks (owners of Silverbird TV and Rythmn FM) 
Ben Bruce is a Nigerian Business Magnate and a Senator of the Federal Republic. He is the Chairman of Silverbird Group with businesses in Cinemas, Entertainment Complexes, and Media.



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Raymond Dokpesi
Founder: AIT Television, Ray Power FM,  DAARSAT Satellite TV
Frontline politician and chairman of Daar Group, High Chief Raymond Dokpesi is the founder of Daar Communications, owners of AIT Tv, Ray Power Fm and Daarsat.



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John Momoh
Founder: Channels TV
John  Momoh  is the Chairman and CEO of Channels Television, a Television station he founded in 1992. Channels TV, an independent and multiple award winning 24-hour news and media television channel based in Lagos.



Tajudeen Adepetun
Founder:Consolidated Media Associates and Alphavision Productions: Owners of Soundcity TV, Spice TV, ONTV Networks, Urban 96 TV, Trybes TV, Televista TV, Soundcity Radio

Tajudeen is credited for creating eight thriving television channels in 12 years. He is the founder of CMA and Alpha Vision Productions which own these media networks.

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