7 Yoruba Business Men with Outstanding Achievements
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Lists - August 22, 2023

7 Yoruba Business Men with Outstanding Achievements

In Nigeria, some Yoruba business leaders have become really important as a result of some special things in business that have done that have made them stand out. These people have shown everyone how to do well in business. They’ve done different kinds of businesses like telecommunications, oil, banks, and more. These important people have not only helped Africa but also the whole world.

They’ve also made the economy better and have come up with new ideas. Even though they started with not a lot, they worked hard and had good ideas to do big things. These Yoruba business heroes keep changing industries, making jobs, and helping their communities. This article talks about these amazing people and the great things they’ve done that will be remembered.

 Laide Agboola

Laide Agboola stands as an exceptional Yoruba business luminary with remarkable accomplishments in the financial world. As the Chief Executive Officer of Purple Group, a distinguished lifestyle brand, he has redefined the landscape of lifestyle experiences for Nigerians. The Purple portfolio encompasses prominent ventures like PurpleMaryland (formerly Maryland Mall) and PurpleLekki, along with residential developments and lifestyle products, all aimed at providing affordable quality experiences.

With a rich history in investment banking and wealth management, Agboola has made significant contributions to diverse businesses through his focus on diversity, excellence, and talent development. He has held pivotal positions in renowned entities like Stanbic IBTC Asset Management Limited, UBA Global Markets Limited, and Alitheia Capital Limited, showcasing his prowess in corporate finance, asset management, and real estate. Notably, he was recognized as the Young Real Estate Person of the Year by Thinkmint Nigeria.

Michael Ade Ojo 

Michael Ojo stands as a distinguished Yoruba business magnate known for his remarkable achievements. He founded Elizade University and serves as Chairman of Toyota (Nigeria) Limited. Ojo’s journey began at CFAO, leading to work with the Federal Inland Revenue Department and British Petroleum Nigeria Limited. 

After a decade, he co-founded Elizade Independent, which later became Elizade Nigeria Limited, excelling in Toyota car sales and services. Under his leadership, the company has expanded into a conglomerate with subsidiaries including Toyota Nigeria Limited, Mikeade Investment Co. Ltd, and Classic Motors Ltd. Ojo’s visionary entrepreneurship solidifies his place as a significant Yoruba business leader.

His impact is seen in the transformation of his native town, Ilara-Mokin, from a village to an economically vibrant town through community development projects. He played a pivotal role in turning Toyota into a household name in Nigeria, leading Elizade Motors to become a conglomerate with subsidiaries including Toyota Nigeria Limited.

Oba Otudeko

Oba Otudeko shines as a distinguished Yoruba business magnate with a trail of remarkable achievements. He presided as the 16th president of the Nigerian Stock Exchange from 2006 to 2010 and held directorships at the Central Bank of Nigeria. His leadership extended to Airtel Nigeria Limited, Fan Milk of Nigeria Plc, Guinness Nigeria Plc, and Ecobank Transnational Inc. As the founder and chairman of Honeywell Group and Pivot Engineering Co. Ltd, he’s recognized as one of Nigeria’s wealthiest. 

Oba Otudeko’s philanthropic strides through the Oba Otudeko Foundation have uplifted institutions like Pan Atlantic University, All Saints’ College, and Olabisi Onabanjo University. His exceptional accomplishments cement his legacy as a stellar Yoruba business icon.

Adebayo Ogunlesi

Adebayo Ogunlesi, hailing from Sagamu, Ogun state, stands as a beacon of Yoruba business achievement. As an investment banker and lawyer, he’s achieved remarkable feats, owning five airports in the UK, three of which were acquired within six years. Presently, he leads as Chairman and Managing Partner at Global Infrastructure Partners (GIP), New York—a private equity firm managing a staggering portfolio with annual revenue exceeding $46 billion and investor investments surpassing $51 billion.

Ogunlesi’s accolades mirror his dedication, he’s an alumnus of prestigious institutions like Oxford University, Harvard Law School, and Harvard Business School. His profound impact and recognition in the industry illuminate his legacy as a standout Yoruba business luminary.

Adebayo Adeleke

With 20 years of service in the US Army,  Adebayo Adeleke emerges as a Yoruba business luminary with remarkable accomplishments. Adeleke brings a wealth of insights, including supply chain management, risk, and leadership. He’s an exemplar of immigrants’ contribution to America’s growth. He is the creator of Unfettered Podcast, an insightful platform, which delves into leaders’ stories, failures, and lessons, fostering robust economic policies, sustainable governance, and visionary leadership. 

Active on social media, particularly Twitter and Instagram, Adeleke engages in global issues and narratives, molding proactive leaders and knowledge builders who shape economies worldwide. In his journey, he embodies excellence and innovation, solidifying his status as a prominent Yoruba business figure.

Femi Otedola

Femi Otedola is an eminent Yoruba business titan celebrated for his extraordinary accomplishments. His diverse ventures, from Forte Oil PLC to Zenon Petroleum and Gas Ltd, highlight his business acumen in various sectors. Appointed to Nigeria’s National Economic Management Team by President Goodluck Jonathan in 2011, Otedola’s influence extended to strategic national matters. 

Under his guidance, Forte Oil transformed into Adrova PLC in 2020. Notably, his role as the largest shareholder (5.07%) of First Bank PLC further attests to his impact. Otedola’s diverse achievements exemplify his enduring legacy as a distinguished Yoruba business luminary.

Mike Adenuga

Mike Adenuga shines as an eminent Yoruba business luminary, marked by outstanding achievements. Honored with the Grand Commander of the Order of the Niger by the Nigerian government and the Commander of the Legion of Honor by President Emmanuel Macron of France, Adenuga’s influence transcends borders.

Notably, he ranked among New African Magazine’s Top 100 most influential Africans in 2019. Adenuga’s journey is a testament to his brilliance, starting with his mother’s sawmill business and later venturing into lace distribution and oil production. His Telecom company Globacom challenged industry giants and extended across West Africa. Adenuga’s ventures span oil and gas, telecoms, aviation, banking, and real estate, solidifying his legacy as a prominent Yoruba business figure.

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