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Nigerian oil tycoon Folorunso Alakija has demanded the removal of a report claiming anti-graft agents are investigating her Famfa Oil over a $1.27 million fraud.
The University of Buckingham has given Folorunso Alakija, the Nigerian oil tycoon behind Famfa Oil, an honorary doctorate for her business and charity work.
An investigation says FAMFA Oil kept three Bombardier jets worth close to $200 million in Nigeria for over a decade on faulty import papers.
Folorunsho Alakija has ended her decade as Osun State University chancellor, with BOVAS Oil and Gas founder Victoria Samson named as her successor on May 10.
Folorunsho Alakija’s Flourish Africa chose 100 women for 3 million naira grants after training, business plans and competitive pitches.
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Folorunsho Alakija donated a N34 billion, 250-bed hospital to UNIOSUN, as Osinbajo urged Nigeria to curb medical tourism and train doctors at home.
Nigerian billionaire and philanthropist Folorunsho Alakija donates a new hospital to Osun State, one of the country's less affluent states.
In Nigeria’s upstream oil, long dominated by men, five women now own blocks in exploration, discovery, and production.
From a groundbreaking oil venture to impactful philanthropic initiatives, Folorunsho Alakija’s journey is a testament to resilience, vision, and the power of giving back.
One of Nigeria’s richest woman, Folorunsho Alakija, has made investments in many different economic areas. She is not just a billionaire entrepreneur…
Nigerian billionaire Mike Adenuga owns a Bombardier Global Express XRS and a Bombardier Challenger 604 aircraft.
Alakija is the owner of Famfa Oil.