Shade Okoya

Folashade Nimota Okoya (born 25 April 1977) is a Nigerian Industrialist and Business Woman fashion commentator and the MD/CEO of Eleganza Group, a leading conglomerate in the manufacturing industry in Nigeria founded by her husband, the billionaire industrialist and Aare of Lagos, Chief Razaq Okoya.

Folashade was born on 25 April 1977 to the family of Alhaji Tajudeen Adeleye and Alhaja Nimota Adeleye in Lagos State.

She is a Muslim and hails from Ijebu Ode, Ogun State.

Folashade is an alumnus of Lagos State Polytechnic, where she obtained her National Diploma certificate in Banking and Finance before obtaining a Bachelor of Science degree in Sociology from the University of Lagos.

Folashade married Razaq Okoya at the age of 21, at the time when her husband was 59 years old.

The couple resides in Lagos, Nigeria with their four children, Olamide, Subomi, Oyinlola and Wahab.

Folashade is the sponsor of the Folashade Okoya Kids Cup, which held its maiden edition in December 2014 in partnership with the Lagos State Grassroots Soccer Association to celebrate kids at Christmas.

She also sponsors 10 students yearly into Higher Institutions via a scholarship scheme and organizes yearly pilgrimage for Muslims to visit the holy land.

On 23 August 2014, the European American University awarded Folashade an Honorary Doctorate degree in Business Management and Corporate Leadership.

On 11 December 2014, Folashade was awarded the Business Executive of the Year 2014 by the International Centre for Corporate Leadership for African and Blacks in Diaspora.

She also won the Inspiring Executive Woman of the Year Award in July, 2018.