Nigerian Richest Woman, Alakija, Trains Female Entrepreneurs for 4 Months, Shares N200 Million

Nigerian Richest Woman, Alakija, Trains Female Entrepreneurs for 4 Months, Shares N200 Million

  • Folorunso Alakija, the richest female billionaire in Nigeria, has once again displayed why she is regarded as the woman with a golden heart
  • To support female entrepreneurs in the country, the businesswoman has decided to share over 200 million with 100 entrepreneurs
  • She hopes the funds will support the beneficiaries to grow their businesses and become the next big female entrepreneurs

PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ click on “Recommended for you” and enjoy!

Folorunso Alakija, the richest woman in Nigeria and also the second richest in Africa has empowered 100 female entrepreneurs with N200 million.

The support was extended through her non-governmental organisation called Flourish Africa.

Folorunsho Alakija richest woman
Folorunsho Alakija is the second richest woman in Africa according to Forbes Photo credit: @forbes
Source: Depositphotos

The 100 recipients were selected from a group of 501 female entrepreneurs who successfully completed training in the second batch of the Flourish Africa Business and Life Skills Training Programme, following their outstanding performance in a business pitch competition.

Read also

Uncertainty as internet reaches remote Amazon

Alakija speaks to female entrepreneurs

Speaking at the graduation ceremony, Alakija congratulated the recipients on the successful completion of the four-month training programme.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

She went on to encourage the beneficiaries to put to good use the knowledge and skills they gained during the training.

For those who received grants, she urged them not only to make a positive impact in their respective fields but also to contribute to the overall growth of the Nigerian economy.

Alakija net worth

According to Forbes, Folorunso Alakija's net worth exceeds $1 billion, and she has maintained the title of the richest woman in Nigeria for several years. She was born on July 15, 1951, in Ikorodu, Lagos State.

Alakija is not only known for her wealth but also for being the founder and managing director of a company called Rose of Sharon.

Read also

Tinubu's emergence boosts foreign transactions in stock market to N145bn in 6 months

In the 2022 list of Africa's wealthiest women, Alakija secured the second position, with Isabel Dos Santos of Angola taking the top spot with a net worth of $2.2 billion.

Elon Musk surpasses $200 billion in net worth for the second time, Dangote gains

Meanwhile, in another report, Legit.ng reported that Tesla CEO Elon Musk had hit $200 billion in net worth for the second time, the equivalent of what he lost last year, which earned him a place in the Guinness Book of World Records as the first man in history to lose $200 billion.

Musk ousted LVMH merchant Bernard Arnault to clinch the position as the wealthiest man in the world, following the stellar performance of his electric car company, Tesla.

Tesla shares rose 3.61% on Tuesday, June 6, 2023, to trade at $229, gaining almost $8.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.

Tags: