Nigerian billionaire Folorunsho Alakija's FAMFA Oil faces a $6.7 million customs demand
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
Nigeria's richest woman Folorunsho Alakija ends her decade as UNIOSUN chancellor and hands over to BOVAS founder Victoria Samson
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.
Nigerian billionaire Folorunsho Alakija awards $215,000 in grants to women entrepreneurs
Folorunsho Alakija’s Flourish Africa chose 100 women for 3 million naira grants after training, business plans and competitive pitches.
Inside the biggest billionaire donations in Africa in 2025
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Nigeria's richest woman Folorunsho Alakija donates $23 million hospital to university
Folorunsho Alakija donated a N34 billion, 250-bed hospital to UNIOSUN, as Osinbajo urged Nigeria to curb medical tourism and train doctors at home.
Nigeria's richest woman Folorunsho Alakija donates hospital to Osun State
Nigerian billionaire and philanthropist Folorunsho Alakija donates a new hospital to Osun State, one of the country's less affluent states.
5 Nigerian women who own oil blocks
In Nigeria’s upstream oil, long dominated by men, five women now own blocks in exploration, discovery, and production.
Folorunsho Alakija: The billionaire oil tycoon redefining philanthropy and empowerment
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.
5 key philanthropic contributions by Nigerian billionaire Folorunsho Alakija
One of Nigeria’s richest woman, Folorunsho Alakija, has made investments in many different economic areas. She is not just a billionaire entrepreneur…
Nigerian billionaires, other owners of private jets sue gov’t over $67.5-million tax
Nigerian billionaire Mike Adenuga owns a Bombardier Global Express XRS and a Bombardier Challenger 604 aircraft.
Nigeria’s richest woman Folorunsho Alakija completes $145-million office complex
Alakija is the owner of Famfa Oil.