Business & Finance

This Woman Became a Multi-Millionaire From Selling Moin-Moin (Bean Pudding)

Popularly called Nigeria's Queen of Moin-moin, Megbope was a Secretary at Corona Schools, Ikoyi for many years before she resigned because she wanted more out of life.

Popularly called Nigeria’s Queen of Moin-moin, Megbope was a Secretary at Corona Schools, Ikoyi for many years before she resigned because she wanted more out of life.

Her journey as a Moin-moin seller started at a desperate moment in her life when all hope was almost lost. Megbope had just N1000 that her husband could afford to give her to feed the family. Being a very resourceful person, instead of spending the money on food for that day alone, she thought of how to multiply it and the idea to sell Moin-moin was born.

She made Moin-moin with the N1000 and seeing as it was tasty, she was making good sales. Infact, she neglected shame and went to sell at the gate of the school where she once worked as a secretary, amidst mockery from people who advised her against resigning.

After a while, she started getting offers from a lot of people to make Moin-moin and different kinds of dishes for them. Her business was getting better gradually.

Megbope’s breakthrough came when a united nations team came to Nigeria to invest in businesses owned by women, a partnership between Goldman Sachs and the Enterprise development Centre (EDC) that aimed at empowering 10,000 female entrepreneurs.


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Even though it felt foolish to her, Megbope presented her Moin-moin selling business and was selected. The experience caused a massive change in her business as it went from a one man business to a multimillion full catering outfit that had about 50 staffs. She named the business No Left Overs Nigeria Limited.

The success of her business was so remarkable that she was invited to speak at the Annual General Meeting (AGM) of the Goldman Sachs in New York in 2019. In 2011, she was invited to speak by the Prime minister of the Republic of Turkey for the second Global summit on Entrepreneurship. In March, 2014, she was invited to speak at the White house in celebration of international women’s day. She spoke alongside Warren Buffet, an American business Tycoon at the United State of Women conference in June, 2016.

Megbope and Warren Buffet

Through selling Moin-Moin, Megbope has met very influential people like Michelle Obama, former first lady of America and Bill Clinton, former American President. She is currently an ambassador of the 10,000 women initiative.

Megbope and Michelle Obama

She is happily married to Femi Megbope with two amazing kids. Her Multimillion business still sells Moin-moin as a core product.

From her story, a major lesson learnt is that, whatever your hand finds to do, do it well and be resourceful in all you do.

SOURCE: Business Day

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