Who is Shade Okoya? Razaq Okoya’s wife Bio: Age, Husband, Children, Net Worth, Husband, Wedding Pictures, Styles

Biography

Shade Okoya, born Folashade Nimota Adeleye on April 25, 1977, is a prominent Nigerian businesswoman, fashion commentator, and philanthropist. As the Managing Director of Eleganza Group, a leading Nigerian manufacturing conglomerate, she has played a key role in expanding its product range, which now includes baby diapers, sanitary pads, and soaps.

Born in Lagos as the sixth of seven children, Shade studied Banking and Finance at Lagos State Polytechnic and earned a BSc in Sociology from the University of Lagos. She later received an honorary Doctor of Science in Business Management and Corporate Leadership from the European American University.

Married to billionaire industrialist Razaq Okoya since 1999, Shade Okoya has overseen significant advancements in Eleganza’s operations, including improved production efficiency and revenue growth. Despite facing public scrutiny and personal challenges, such as a dispute over the paternity of one of their children, Shade remains a central figure in both her husband’s life and business.

She has been honored with accolades such as Business Executive of the Year and Inspiring Executive Woman of the Year. In addition to her business success, Shade is known for her philanthropic efforts, including the Folashade Okoya Kids Cup.

Shade Okoya
Wiki Facts & About Data
Real Name:	Folashade Nimota Adeleye
Stage Name:	Shade Okoya
Born:	25 April 1977 (age 47 years old)
Place of Birth:	Lagos State, Nigeria
State Of Origin:	Ogun State
Nationality:	Nigerian
Education:	Lagos State Polytechnic, University of Lagos, European American University
Height:	N/A
Parents:	Alhaji Tajudeen Adeleye, Alhaja Nimota Adeleye
Siblings:	6
Spouse:	Razaq Okoya (1999–)
Boyfriend • Partner:	N/A
Children:	Olamide Okoya, Subomi Okoya, Oyinlola Okoya, Wahab Okoya
Occupation:	Industrialist • Businesswoman
Net Worth:	$100 million (USD)

Early Life & Education

Shade Okoya, born Folashade Nimota Adeleye on April 25, 1977, in Lagos, Nigeria, comes from a culturally rich Yoruba family, one of Nigeria’s largest ethnic groups known for their vibrant heritage. She was born to Alhaji Tajudeen Adeleye and Alhaja Nimota Adeleye in Lagos State and is of Muslim faith, with roots in Ijebu Ode, Ogun State.

Raised in a nurturing environment emphasizing education and family values, Shade is the sixth of seven siblings, reflecting the close-knit nature of Yoruba families.

Shade Okoya‘s educational background includes studying Banking and Finance at Lagos State Polytechnic and earning a BSc in Sociology from the University of Lagos. Her academic achievements were further recognized with an honorary Doctor of Science in Business Management and Corporate Leadership from the European American University, acknowledging her impact on business and leadership.

Career

Shade Okoya‘s career exemplifies her exceptional business acumen and leadership within Eleganza Group, a major Nigerian manufacturing conglomerate. As the wife of billionaire industrialist Razaq Okoya, Shade has significantly influenced the company’s success.

Starting alongside her husband, Shade quickly proved herself indispensable. She now serves as Managing Director of Eleganza Fashion Products Limited and Eleganza Cruise and Travels Limited. Under her leadership, the company has expanded its product range to include items such as baby diapers and sanitary pads, establishing Eleganza as a prominent name in Nigeria with aspirations for wider African reach.

One of Shade Okoya‘s notable achievements is the development of Eleganza Industrial City, a 35-hectare facility on Lekki-Epe Expressway, where she oversees the production of various goods, including coolers and diapers. Her strategic improvements have enhanced efficiency, reduced waste, and cut operational costs, including implementing advanced software solutions for accounting and HR.

Shade has earned recognition for her contributions with awards such as Business Executive of the Year and Inspiring Executive Woman of the Year. Shade Okoya is celebrated for her leadership and style, often cited as a role model for Nigerian women in business. Her impactful role in Eleganza highlights her success and influence in the Nigerian business landscape.

Social Media

• Instagram: Shade Okoya (@shade.okoya)
• Wikipedia: Shade Okoya

Personal Life

Shade Okoya, married to billionaire industrialist Rasaq Okoya, has experienced a marriage that has garnered both admiration and scrutiny. She wed Rasaq in 1999 when she was 21 and he was 59, an age gap that drew mixed reactions from the public, with some questioning her motives due to their difference in age and youth.

Despite the initial controversy, their relationship has been celebrated for its enduring strength. In 2024, they marked their 25th wedding anniversary, with Shade publicly expressing her deep affection and respect for Rasaq, whom she describes as her “backbone.”

Rasaq Okoya, known as the Aare of Lagos, is a significant figure in Nigeria’s business world. He leads the extensive Eleganza Group, which spans manufacturing, real estate, and more. While Rasaq has multiple wives, his relationship with Shade is noted for its stability and mutual respect.

Together, Shade and Rasaq have four children: Olamide Okoya, Subomi Okoya, Oyinlola Okoya, and Wahab Okoya. Their family life is portrayed as harmonious. Shade is described as a devoted and determined mother who has fostered positive relationships with Rasaq’s children from other marriages. Her role in managing the family dynamic is central to their cohesive family life.

Shade Okoya is often celebrated for her business achievements and her role as a wife and mother. The couple’s participation in public events and viral challenges reinforces their image as a loving and committed pair. Shade attributes their marital success to patience, understanding, and mutual respect.

Net Worth

Shade Okoya, married to billionaire industrialist Rasaq Okoya, holds a significant position within the Eleganza Group of Companies. She serves as the Managing Director of several entities, including Eleganza Fashion Products Limited and Eleganza Cruise and Travels Limited.

Shade Okoya has amassed an estimated net worth of $100 million.

Shade‘s role in the Eleganza Group, which includes manufacturing, real estate, and other ventures, indicates her wealth is tied closely to the company’s success. Her husband, Rasaq Okoya, has an estimated net worth in the billions, which naturally would influence her financial status through their shared business and personal assets.