Bola Shagaya
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Hajia Bola Muinat Shagaya (10 October 1959) is a Nigerian businesswoman and fashion enthusiast. She is one of the richest women in Africa. She is the founder and CEO of Bolmus Group International, a conglomerate with holdings in real estate, oil and gas, banking and photography.


Biography

Hajia Bola Muinat Shagaya was born on 10 October 1959 in her hometown of Ilorin. The name of her mother was Saadat Bakini Bola Shagaya is known to have had her secondary school education at Queens School,
Ilorin Ilorin is the capital city of Kwara State located in the Western region of Nigeria. The city is a major hub for transportation and commerce in the region. . Retrieved 18 February 2007 Although Ilorin is classified under the North-Central g ...
, and her tertiary education at
Ahmadu Bello University The Ahmadu Bello University (ABU) is a public research university located in Zaria, Nigeria, Zaria, Kaduna State, Nigeria. It was opened in 1962 as the University of Northern Nigeria. The university has four colleges, three schools, 18 faculties, ...
,
Zaria Zaria is a List of Nigerian cities by population, metropolitan city in Nigeria, located at present time within four local government areas in Kaduna State. It serves as the capital of the Zazzau Emirate Council and is one of the original sev ...
and Armstrong College in
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
, where she studied economics and accountancy. She started her career with the audit department of the
Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are t ...
before venturing into commercial activities in 1983. Her business experience started with the importation and distribution of photographic materials. She introduced the
Konica was a Japanese manufacturer of, among other products, film, film cameras, camera accessories, photographic and photo-processing equipment, photocopiers, fax machines and laser printers, founded in 1873. The company merged with Japanese peer Mino ...
brand of photographic materials into the Nigerian market and West Africa. Hajia Bola Muinat Shagaya is also the managing director of Practoil Limited, one of the largest importers and distributors of base oil in Nigeria, serving local lubricant blending plants. Her business also includes investments in real estate, spanning across major cities in the country with over three hundred employees. She is currently on the board of
Unity Bank plc Unity Bank, also known as Unity Bank plc, is a commercial bank in Nigeria. Overview Unity Bank is a mid sized financial services provider in Nigeria. Headquartered in Lagos, Nigeria's commercial capital. Unity Bank also maintains an operations b ...
Unity Bank Plc Board of Directors
(formerly Intercity Bank) and has been for over eight years. She is also a member of the recently inaugurated Nepad Business Group – Nigeria. Hajia Bola Shagaya is a patron of the Fashion Designers Association of Nigeria (FADAN). Money Laundering Investigation Bola Muinat Shagaya is being investigated by Nigeria's
Economic and Financial Crimes Commission The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement and anti-graft agency that investigates financial crimes and unknown transactions such as advance fee fraud (419 fraud) and money laundering. The EFCC was establ ...
, EFCC, for money laundering also involving
Patience Jonathan Patience Faka Jonathan ( Iwari; born 25 October 1957) is a Nigerian civil servant who served as the First Lady of Nigeria from 2010 to 2015 and second lady of Nigeria from 2007 to 2010. She is the wife of former President and Vice President of ...
, Nigeria's former firstlady.


Distinctions

* July 2010: Member of the
Order of the Niger The Order of the Niger (OON) is the second highest Award, national award in Nigeria. It was instituted in 1963 and is junior to the Order of the Federal Republic, the highest order of merit in the country. Award The two highest honours, the Gr ...
(MON) awarded by the former President of the
Federal Republic of Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...
, Dr.
Goodluck Ebele Jonathan Goodluck Ebele Azikiwe Jonathan (born 20 November 1957) is a Nigerian politician who served as the president of Nigeria from 2010 to 2015. He lost the 2015 presidential election to former military head of state General Muhammadu Buhari and w ...
(GCFR)


Private life

She is currently married to Alhaji Shagaya, a Kwara State-based transport mogul, and has six children. Sherif Shagaya, Hakeem Shagaya, Deeja Shagaya, Naieema Shagaya, Amaya Roberts Shagaya and Adeena Roberts Shagaya. Her children are dispersed across the world, growing the Real Estate empire in both Europe and the United States. Also involved in minor business and industry holdings across Asia and Australia.


References


External links


The Official Website of Bola Shagaya
{{DEFAULTSORT:Shagaya, Bola Hajia 1959 births Living people People from Ilorin Ahmadu Bello University alumni Members of the Order of the Federal Republic 20th-century Nigerian businesswomen 20th-century Nigerian businesspeople 21st-century Nigerian businesswomen 21st-century Nigerian businesspeople Nigerian businesspeople in real estate