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Hajia Bola Muinat Shagaya: Nigeria’s Business Icon and Fashion Patron (PHOTOS)

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Born on 10 October 1959 in Ilorin, Kwara State, Hajia Bola Muinat Shagaya has become one of Nigeria’s most influential businesswomen and a respected patron of fashion and the arts. Over four decades, she has built a diversified business empire and inspired generations of entrepreneurs—especially women—who look to her as proof that discipline, innovation, and vision can break barriers.

Early Life and Education

Shagaya was born into a culturally rich family. Her father, Alhaji Saliman Batuta, was a prominent Yoruba Muslim, while her mother, Adut Makur, had roots in Sudan—a blend of heritage that gave Shagaya a cosmopolitan outlook from an early age.

She attended schools in Nigeria before earning a degree in Economics from Ahmadu Bello University (ABU), Zaria. Later, she undertook further studies in business and finance in the United States—reports often mention Armstrong College in California—though public records do not clarify whether this was a formal degree or executive-level coursework. The combination of Nigerian and international training laid the foundation for her future in banking and business.

From Banker to Business Mogul

Shagaya’s professional life began in Nigeria’s banking sector, including a stint at the Central Bank of Nigeria. These early years deepened her understanding of finance and economic policy, skills that would prove vital as she pivoted to entrepreneurship.

In the early 1980s she founded Bolmus Group International, which grew into a diversified conglomerate with interests in oil and gas, real estate, banking, and photography. One of its key subsidiaries, Practoil Limited, became a major importer and distributor of base oil for lubricants—cementing Shagaya’s position as a significant player in Nigeria’s energy industry.

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Beyond oil and gas, she invested heavily in real estate, developing high-value properties in Nigeria’s major cities. Her ventures in banking and photography further demonstrated her ability to identify profitable markets and adapt to changing economic climates.

Patron of Fashion and Culture

While she is celebrated for her business acumen, Hajia Bola Shagaya is equally renowned as a style icon and patron of Nigerian fashion. She serves as a patron of the Fashion Designers Association of Nigeria (FADAN), consistently supporting local designers and advocating for the global recognition of Nigerian craftsmanship. Her personal elegance and commitment to promoting African fashion have made her a cultural influencer well beyond business circles.

Family and Personal Life

Despite the demands of managing a large business empire, Shagaya is known for her deep commitment to family. She is married to Alhaji Shagaya, and together they have six children. Friends and colleagues often remark on her ability to balance her roles as a mother, wife, and corporate leader—a balance that reinforces her image as both a powerful executive and a devoted matriarch.

Legacy and Impact

Hajia Bola Shagaya’s life embodies the possibilities open to those with ambition and strategic vision. Her work has generated employment opportunities, driven economic growth, and inspired women across Africa to enter industries once considered the preserve of men.

She remains a key figure in Nigeria’s socio-economic landscape, not only for her wealth and influence but also for her role in elevating Nigerian fashion and proving that cultural identity can be a source of global recognition.

Current Status

As of today, Hajia Bola Shagaya is alive and continues to be active in business and philanthropy. There is no public record of her death; instead, she continues to mentor young entrepreneurs and play a visible role in Nigeria’s commercial and cultural sectors.

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Sources
Forbes Africa – “Bola Shagaya: Nigeria’s Billionaire Businesswoman and Fashion Icon”
Vanguard Nigeria – “Profile of Hajia Bola Shagaya”

Hajia Bola Shagaya’s journey—from a banker in Ilorin to a billionaire business magnate and fashion patron—remains a compelling example of how determination and strategic vision can shape not only personal success but also the economic and cultural identity of a nation.

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‘I have cancer,’ Nollywood actress Cynthia Anijekwu cries, calls for support

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Nollywood actress Cynthia Anijekwu has made an emotional appeal to Nigerians for financial assistance after revealing that she is battling cancer for the second time.

In a video circulating on social media on Tuesday, the actress disclosed that she was first diagnosed with cancer in 2023, when she underwent surgery followed by chemotherapy in a bid to halt the disease.

She maintained that doctors initially managed the condition after the treatment, but the cancer later returned and has since spread to her bones, requiring more intensive care, including radiation therapy and another surgery.

According to Anijekwu, recent medical examinations revealed that the cancer has spread to her bones, significantly increasing the cost and complexity of her treatment up to N600,000 every month.

The actress said doctors have recommended radiation therapy and another surgery as part of her ongoing care.

“I have cancer in 2023 (sic). I did my surgery and took chemotherapy, but later it came back again. I’ve been in and out of the hospital. The doctor recently told me it has reached my bones, and the treatment is now much more expensive,” she said.

“I need to live. I need to survive. I’m asking Nigerians to please help me. Anyone that can help, please, I need help. Even my hands have swollen. The cancer has affected both breasts. I need to live. Please help me. I need to survive.

“Your one naira, your two naira can add up to something reasonable for me to get the proper treatment for this cancer. I’m begging you, please help me,” she pleaded.

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Before her health challenge became public, Anijekwu built her career in Nollywood, featuring in several English- and Igbo-language productions.

However, there is no publicly verifiable record identifying a major blockbuster film or comprehensive filmography associated with the actress, as public attention has largely shifted to her battle with cancer in recent years.

The actress said the financial burden has become overwhelming for her family, prompting her to seek help from members of the public.

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It’s not easy, surrogate mother shares emotional journey

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A masked Nigerian surrogate mother has opened up about how financial hardship and what she described as an irresponsible partner led her to become a surrogate, saying the decision came after the loss of her second child.

The woman disclosed this during a new episode on Cruise TV published on YouTube on Sunday, where she recounted the emotional, financial and psychological realities of carrying children for other families.

She said becoming a surrogate was one of the hardest decisions she had ever made, describing the emotional attachment that develops during pregnancy despite knowing the child does not belong to her.

“Emotionally it’s not easy. Even when I started the journey, when the pregnancy was three months, I called my nurse that I don’t think I can cope again because it’s not easy to carry what is not yours.

“When you start having the emotional attachment, you keep reminding yourself that this is not mine. I tell myself it is a job, and that helps me cope, but the emotions still come and go.”

The woman explained that she became a gestational surrogate through IVF, meaning she had no biological connection to the babies she carried.

Speaking on what pushed her into surrogacy, she said her partner failed to provide for the family despite her efforts to support them.

“I had my first child. Unfortunately, my husband is not the person that is hardworking and he doesn’t take responsibility. I do work. There is no work I cannot do.

“When I became pregnant the second time, I could no longer work. We couldn’t even afford hospital bills.”

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She said complications during the pregnancy eventually led to the death of the baby, an experience that changed her outlook.

“That baby died, and that was the reason I made that decision. Instead of giving him another baby, I would rather help people who have the money to take care of me.

“If you don’t have the money to care for my health, I won’t do it for you.”

She disclosed that she initially declined financial compensation beyond medical care, accommodation and allowances, a decision she now regrets.

“I told them I didn’t want any compensation aside from the process, monthly allowance, wardrobe allowance and accommodation fee, but that was a mistake.

“I won’t do it again,” she said.

The surrogate mother also said she would not encourage her daughter to follow the same path because of the emotional and health risks involved.

“I cannot advise my daughter to be a surrogate.”

She added that she relocated during one of her pregnancies to avoid stigma and often told people the baby had died whenever they asked questions.

According to her, surrogate mothers also face psychological challenges after delivery despite undergoing counselling before and after childbirth.

While acknowledging that surrogacy has helped many couples struggling with infertility, she maintained that the process is far more demanding than many people realise.

“Surrogacy is not as simple as people think.”

She called for stronger regulation of the practice to protect surrogate mothers from exploitation and ensure adequate emotional and financial support.

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I waited 18 years before welcoming twins – Nollywood star Ricardo Agbor

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Veteran Nollywood actor, Ricardo Agbor, has opened up about his 18-year journey to parenthood, revealing that he and his wife waited nearly two decades before welcoming their twins.

The actor disclosed this during an interview with AfricanAList published on Sunday, where he reflected on his marriage, faith and the challenges he faced before becoming a father.

Agbor said he remained committed to his wife throughout the period, despite the long wait for children.

“I wanted to get married to a particular lady; I married her regardless of where she is from. She is not from my tribe. So ordinarily, we were supposed to have strife; no, it was very fair,” he said.

Speaking about the couple’s struggle with childlessness, the actor said he specifically prayed for twins and refused to give up despite waiting for 18 years.

“It took 18 years for me to have the twins. And I waited. God knows, 18 years and they are 14 now, so I told God I wanted twins.

“So while that wait was on, if it were someone else, he would cross. But at the end of the day, I have twins. I have a boy and a girl. I asked God what I wanted,” he added.

Agbor also recounted what he described as the most painful experience of his life — the death of his mother.

According to him, she had been receiving treatment for about three weeks without any improvement before doctors advised that she should be flown to South Africa for further medical care.

The actor said his mother requested to be moved to another private hospital in Surulere, but she died in his arms while he was helping her into the car.

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“My mom died right in my arms. At the hospital, they were bringing almost 10 doctors to do tests… the sickness was not improving after almost three weeks.

“It was after three weeks that they told me to come and carry my mom and take her to South Africa. I took my mom away and took her to another private hospital within Surulere. It was my mom that told me to take her away from that place. As I was carrying her into the car, she gave up,” he said.

Agbor said the loss left him devastated, noting that it was the first time he had cried outside acting.

“I think that was the first time I cried in my life. I don’t cry. If I cry, maybe it is in a movie and it is a role. So I cried. It was painful,” he added.

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