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GoldMyne Entrepreneur of The Week: Cosmos Maduka, Built from the Ground Up!

Cosmas Maduka is one of Nigeria’s most respected business leaders and a powerful example of resilience, discipline and faith driven entrepreneurship. Best known as the founder and chairman of the Coscharis Group, Maduka’s journey from poverty is a reference point in conversations about business success in Africa.

Born on September 18, 1958, in Nnewi, Anambra State, Cosmas Maduka lost his father at a very young age. This loss plunged his family into financial hardship and forced him to drop out of school after primary education. With little formal education and limited opportunities, Maduka relocated to Lagos at the age of 12 to live with his uncle in the hope of finding a better future.

In Lagos, he began learning the trade of automobile spare parts. However, his relationship with his uncle eventually broke down, leaving him homeless and struggling to survive. Despite these setbacks, Maduka refused to give up. He continued working in automobile parts shops, saving money and deepening his understanding of the business. His early years were marked by rejection, hunger and instability, but they also shaped his strong work ethic and entrepreneurial mindset.

At just 24 years old, Cosmas Maduka founded Coscharis Motors in 1977 with very little capital. What started as a small automobile parts business gradually grew into one of Nigeria’s leading conglomerates. Over the years, the Coscharis Group expanded into several sectors including automobile sales, agriculture, manufacturing, real estate and information technology.

Today, Coscharis Motors is the authorised dealer for global automobile brands such as BMW, Ford, Jaguar Land Rover, Rolls Royce and MINI in Nigeria. The company’s growth is widely attributed to Maduka’s insistence on quality, integrity and long term vision. He is known for building strong partnerships and maintaining high standards in corporate governance.


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Beyond business, Cosmas Maduka is also known for his strong Christian faith, which he openly credits as a guiding force in his life and career. He often speaks about the role of discipline, honesty and obedience to principles in achieving sustainable success. His story challenges the idea that formal education alone determines success, while still emphasising the importance of learning, mentorship and personal development.

Maduka has received numerous awards and recognitions for his contributions to Nigeria’s private sector and economic development. He is frequently invited to speak at leadership forums, churches and business conferences, where he shares lessons from his life journey, particularly with young people and aspiring entrepreneurs.

Despite his wealth and influence, Cosmas Maduka is often described as humble and grounded. He continues to advocate for ethical business practices and nation building, stressing that success should not be separated from character. His life story remains a powerful reminder that adversity does not define a person’s future. Persistence, vision and values do.

From a homeless teenager to the head of a multinational conglomerate, Cosmas Maduka’s journey stands as one of Nigeria’s most compelling success stories, inspiring generations to believe that it is possible to rise regardless of one’s starting point.

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