Hajia Bola Shagaya a Nigerian businesswoman and fashion enthusiast born October 10, 1959. She is one of the richest women in Africa. Hajia Bola Shagaya is the founder and CEO of Bolmus Group International a Nigerian conglomerate which has its fingers in every pie. Oil, real estate, banking, communications Hajia is certainly a savvy businesswoman who knows where the money is.
She started her career with the audit department of the Central Bank of Nigeria before venturing into commercial activities in 1983. Her business experience started with the importation and distribution of photographic materials and she introduced the Konica brand of photographic materials into the Nigerian market and West Africa.
Hajia Bola 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 businesses also includes huge investment 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 (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), and a fashion and art enthusiast who supports and encourages the fashion and art industry.
She also loves sports, especially polo. On 22 July 2010, she was awarded by the President of the Federal Republic of Nigeria, Dr. Goodluck Ebele Jonathan (GCFR), the title of Member of the Order of the Niger (MON). She is also involved in photography – her company Fotofair is a leading photo laboratory firm in Nigeria with over thirty laboratories across the country.
Hajia Bola Shagaya the daughter of Adut Makur a Sudanese seamstress and Emenike Mobo a Nigerian Public Servant. 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, most reputably growing the Real Estate empire in both Europe and the United States. Also involved in minor business and industry holdings across Asia and Australia. Hajia started out in banking, working for the Central Bank of Nigeria before starting her first business in 1983.
Around 2005, she became the managing director of Practoil Limited, one of the largest importers and distributors of base oil in Nigeria, and in 2011 she founded another exploration company, Voyage Oil and Gas Limited. Bola Shagaya is being investigated by Nigeria’s Economic and Financial Crime Commission, EFCC, for money laundering also involving Patience Jonathan, Nigeria’s former first-lady.