Folorunso Alakija Receives Honorary Doctorate From University of Buckingham
Nigerian businesswoman and philanthropist Folorunso Alakija has received an honorary doctorate from the University of Buckingham in the United Kingdom. The award recognised her contributions to business, philanthropy and society. The honour was conferred on 16 October 2026 during Buckingham Africa Day at the university’s Radcliffe Centre. Alakija received the degree from Vice-Chancellor Professor David Cole, with relatives, friends, students and members of the university community in attendance. In her remarks, Alakija spoke about Africa’s potential and urged young people to pursue their ambitions with diligence, humility and perseverance. She also encouraged them to use their achievements to create opportunities for others. Alakija is known for her work in banking, fashion and oil and gas through Famfa Oil. She has also supported education, women and vulnerable communities through her philanthropic initiatives.
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