Billionaire businessmen
Obi Cubana: Inspiring Biography, Business Empire, Net Worth, 50th Birthday, and Legacy of Nigeria’s Nightlife King
Introduction
Obinna Iyiegbu, popularly known as Obi Cubana, is a Nigerian entrepreneur, philanthropist, and entertainment mogul. As the founder and chairman of the Cubana Group, he has become one of the most recognizable figures in Nigeria’s hospitality and nightlife scene. With his magnetic personality and massive business empire that spans clubs, lounges, restaurants, and hotels, Obi Cubana’s rise to fame is as remarkable as it is inspirational.
But behind the glitz and glamour is a story of hard work, resilience, and a deep commitment to empowering others. From his humble beginnings in Oba, Anambra State, to becoming a billionaire entrepreneur celebrated across Africa, Obi Cubana’s journey is one that continues to inspire young Nigerians to dream big.
Early Life and Education
Obinna Tochukwu Iyiegbu was born on April 12, 1975, in Oba, a town in Idemili South Local Government Area of Anambra State, Nigeria. He was raised in a close-knit family that valued education and discipline. His late father, Chief Alex Iyiegbu, was a school principal, while his mother, Ezinne Uche Iyiegbu, was also a dedicated teacher and community woman.
Obi began his early education at Central Primary School, Oba, and later attended Dennis Memorial Grammar School in Onitsha for his secondary education. Known for his charisma and leadership qualities even in school, he often stood out among his peers.
In 1998, he graduated from the University of Nigeria, Nsukka (UNN) with a Bachelor’s degree in Political Science. His university days shaped much of his worldview and planted the seeds for his entrepreneurial ambition.
Life After School and Early Hustle
After completing his National Youth Service Corps (NYSC) program in Abuja, Obi Cubana found himself navigating Nigeria’s challenging job market. Rather than wait for white-collar employment, he ventured into business. He began modestly, at one point helping to furnish a senator’s home and made his first ₦1 million through real estate and interior decoration deals.
His ability to connect with people, negotiate well, and deliver quality work helped him build trust and gain referrals. This marked the beginning of his entrepreneurial journey and laid the foundation for what would become a billion-naira business empire.
The Birth of the Cubana Brand
In 2006, Obi Cubana took a bold step into the nightlife industry by establishing Ibiza Club in Abuja. At the time, the city had very few premium clubs, and Obi saw an opportunity to create a world-class entertainment space. Ibiza quickly gained popularity among Abuja’s elites, celebrities, and professionals.
Encouraged by the success of Ibiza, he launched Club Cubana in Owerri in 2009, which became one of the most talked-about nightclubs in Eastern Nigeria. The Cubana brand rapidly expanded and became synonymous with luxury nightlife, quality service, and a premium customer experience.
Today, the Cubana Group owns and operates several high-end establishments across Nigeria including:
- Pablo by Cubana – Lagos
- Opium by Cubana – Owerri
- Grand Cubana Hotels – Abuja
- Cubana Lounge and Grill – Port Harcourt
- Crave Cubana – Abuja
- Gusto Cubana – Enugu
- Hustle and Bustle – Abuja
These venues attract Nigeria’s wealthy elite, international visitors, celebrities, and influencers, further cementing Obi Cubana’s influence in the hospitality industry.
Recognition and Influence
Obi Cubana is widely celebrated for his business acumen, innovation, and ability to create employment for thousands of Nigerians. As of 2025, the Cubana Group has employed over 6,000 people, including bartenders, chefs, managers, security personnel, event planners, and hospitality professionals. He has received several accolades, including:
- Young Entrepreneur of the Year (2016)
- Democracy Entrepreneur Award (2018)
- Africa Canada Invest Summit Recognition (2022)
- Honorary Doctorate Degree from Enugu State University of Science and Technology (2022)
The Mother of All Burials: A Defining Moment
In July 2021, Obi Cubana caught the attention of the entire nation and even the international media like BBC NewsBBC News when he hosted the lavish burial ceremony of his late mother, Ezinne Iyiegbu, in his hometown of Oba. The event, dubbed “The Mother of All Burials,” was nothing short of historic.
The burial drew celebrities, politicians, business tycoons, and top entertainers from across Nigeria. What made the event even more sensational was the massive spraying of money, high-value donations, and the presentation of over 300 cows, many of which were gifted by friends and associates. Obi Cubana did not just bury his mother; he turned the event into an economic festival that transformed Oba into a temporary tourist hotspot.
Vendors, hotels, transport companies, and small business owners in Oba reportedly made millions within that short period. The burial became a statement not just of wealth, but of Obi Cubana’s far-reaching influence, his network of powerful friends, and his deep cultural ties.
While some praised his generosity and loyalty to his roots, others criticized the event as extravagant. Obi Cubana defended the celebration, stating that the cow gifts and donations were voluntary tokens of friendship and gratitude from those he had helped over the years.
Obi Cubana’s Lifestyle and Public Persona
Obi Cubana maintains a reputation as one of Nigeria’s most stylish businessmen, blending traditional Igbo values with a modern luxury lifestyle. He is often seen wearing sleek designer outfits, driving luxury cars, and attending high-profile events. Despite his affluence, he remains approachable and grounded often sharing motivational messages and glimpses into his personal life on Instagram, where he has millions of followers.
He’s also known for supporting and promoting his close circle of friends, like Cubana Chief Priest, who himself rose to prominence under the Cubana Group brand before launching his own ventures. Obi Cubana’s ability to grow not just businesses but people has made him an icon of mentorship and brotherhood in Nigeria’s youth culture.
Philanthropy and Empowerment
Beyond business, Obi Cubana is an active philanthropist. Through his Obi Cubana Foundation, he has embarked on various community development projects in education, healthcare, and youth empowerment.
Notable projects include:
- Scholarship schemes for underprivileged students in Anambra and across Nigeria.
- Skill acquisition programs for young people in fields like fashion, catering, technology, and event planning.
- Donations of boreholes and generators to rural communities in Anambra.
- Medical outreaches and donations to public hospitals.
Obi Cubana believes in teaching people how to create wealth rather than just giving handouts. His foundation’s slogan, “Changing Lives Through Empowerment”, reflects his vision of sustainable impact.
Controversies and EFCC Scrutiny
With fame often comes scrutiny. In November 2021, Obi Cubana was invited by Nigeria’s Economic and Financial Crimes Commission (EFCC) over alleged money laundering and tax-related matters. He was detained for a few days and later released on bail. While the investigation sparked public interest and media attention, Obi Cubana maintained his innocence and cooperated with authorities. Since then, there has been no formal charge against him, and the incident has not significantly dented his brand. In fact, it fueled more curiosity about his sources of wealth, which he has always attributed to hospitality, entertainment, and real estate ventures.
Obi has openly encouraged young Nigerians to stay focused and avoid shortcuts, saying:
“I started small. I worked hard. I never believed in rituals or fast money. Every penny I made, I can account for it.”
Family Life and Personal Values
Obi Cubana is married to Ebele Iyiegbu, a lawyer and humanitarian. She is the founder of KIEK Foundation, a non-profit focused on child welfare, education, and healthcare for the less privileged. The couple has four sons and is often praised for maintaining a stable and exemplary family life despite their fame.
Obi regularly speaks about the importance of family, responsibility, and gratitude. He credits his wife for being his pillar of support and often celebrates her as his queen.
Despite his success, he stays deeply rooted in his Catholic faith, often referencing God in his posts and acknowledging divine grace as the reason for his breakthroughs.

Obi Cubana and Wife
Celebrating a Golden Milestone: Obi Cubana at 50
On April 12, 2025, Obinna “Obi Cubana” Iyiegbu marked his 50th birthday with an opulent celebration that captured the attention of the nation. Dubbed the “50 for 50” event, the festivities took place at the prestigious Transcorp Hilton Hotel in Abuja, drawing a star-studded crowd of politicians, celebrities, entrepreneurs, and dignitaries.
Guests were treated to an atmosphere of elegance, with gold-themed décor, highlife music, and premium hospitality that reflected Obi Cubana’s brand identity. Highlights of the night included live performances by artists like Flavour and Anyidons, heartfelt tributes from close allies, and generous symbolic gifts such as 50 Samsung phones, 50 rams, minibuses, and tricycles, all representing his milestone age.
In his speech, Obi Cubana urged Nigerian youths to embrace loyalty, consistency, and collaboration, emphasizing that “when you stay loyal, wealth and progress will follow.” The 50th birthday celebration not only cemented his status as a cultural icon but also reinforced his influence as a unifier and leader in the Nigerian hospitality and business space.

Obi Cubana and friends at his 50th birthday
Real Estate and Other Ventures
Apart from hospitality and entertainment, Obi Cubana is also involved in:
- Real estate development in Abuja, Lagos, and Anambra.
- Event planning and luxury services for weddings and VIP clients.
- Imports of luxury alcoholic beverages through strategic partnerships.
- Investments in tech startups and logistics firms.
He continues to diversify his portfolio, and there are talks of his interest in launching a Cubana franchise abroad, particularly in Ghana, the UK, and Dubai.
Legacy and the Future
At 50, Obi Cubana has built more than a nightlife empire, he has created a movement. His life story speaks to the possibility of transforming adversity into achievement. He is not just a symbol of wealth but of vision, consistency, generosity, and legacy-building. As he continues to expand his brand and invest in others, his impact resonates well beyond Nigeria’s borders.
Whether you admire his business mind, his philanthropy, or his culture-forward identity, one thing is clear: Obi Cubana is a force in Africa’s modern entrepreneurial narrative.
Conclusion
Obinna Iyiegbu’s story is a compelling example of what is possible with hard work, humility, and vision. From a regular graduate to one of Nigeria’s most influential entrepreneurs, his journey offers invaluable lessons about perseverance, strategic thinking, and community-driven success.
Through the Cubana Group, his philanthropic work, and his personal influence, Obi Cubana is helping to redefine wealth, not as a tool for self-glorification, but as a resource for building others and leaving a legacy.
As Nigeria continues to grow a new generation of bold entrepreneurs, Obi Cubana remains a towering example of what it means to build with purpose.
