Folorunsho Alakija is the first billionaire Nigeria woman. Alakija is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $2.1 billion As of 2015, she is listed as the second most powerful woman in Africa after Ngozi Okonjo-Iweala and the 87th most powerful woman in the world by Forbes.
The primary sources of her wealth are model, printing, and oil businesses. Her business activity started in the 1970s when Folorunsho Alakija began her fashion in London
When she returned to Nigeria, she “Supreme Stitches” agency. Nigerian women of high society became her primary clients. Later she founded Famfa Oil Limited.
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