Nigerian billionaire businesswoman Folorunso Alakija has been awarded an honorary doctorate by the University of Buckingham in the United Kingdom in recognition of her contributions to business and philanthropy.
The award celebrates Alakija’s impact across various sectors, including oil and gas, fashion, real estate and charitable initiatives.
Alakija is the executive vice-chairman of Famfa Oil Limited, a Nigerian oil exploration company with interests in the Agbami oilfield, one of the country’s major deepwater oil projects.
Beyond her business activities, she is known for her philanthropic work through the Rose of Sharon Foundation, which supports widows and orphans through educational assistance and economic empowerment programmes.
The honorary degree adds to the recognition she has received for her contributions to entrepreneurship and social development.
