13 Companies Owned By Nigerian Shipping Tycoon Victor Odili

Victor Odili has built one of Nigerias most diversified business empires, with stakes in industries that power the nations economyfrom shipping and oil services to telecommunications and real estate. Over the years, his investments have positioned him as a quiet force in Nigerias corporate world, with ownership in some of the countrys most essential industries.

Odilis influence in the maritime sector runs deep. As the chairman and executive director of Aeromaritime Group, he oversees a conglomerate with interests in shipping, stevedoring, oil and gas, and logistics. His leadership of Brawal Shipping Nigeria, now a unit of Aeromaritime, solidified his presence in an industry crucial to Africas trade and economic development.

But his reach extends far beyond the seas. Odili is also one of the biggest private investors in Nigerias telecom industry, holding a 5.08 percent stake in MTN Nigeria. That investment alone is worth nearly 180 million, placing him among the wealthiest shareholders on the Nigerian Exchange NGX. His strategic patience in the telecom space, spanning nearly two decades, has paid off significantly as MTN Nigeria continues to expand its dominance in the sector.

A graduate of Croydon Technical College and the London School of Economics, Odilis career has taken him from Lonhro Limited in London to Beirut and back to Nigeria, where he carved out a name for himself in the private sector. His business interests now span multiple sectors, including energy, finance, and real estate, reflecting his ability to spot opportunities in high-growth industries.

As one of Nigerias most influential investors, Odili continues to shape the countrys business landscape. Below, Billionaires.Africa takes a closer look at 10 companies under his vast business empire, exploring their operations, market impact, and contributions to Nigerias economic growth.