She started as a Secretary. Then she became a Fashion Designer.
Yet, she beat the global oil giants at their own game.
Most people think she just "got lucky" with an oil license.
But the truth is, she used a strategy called The "Rejected Stone" Advantage.
Here is what happened: In the 90s, she applied for an oil license.
The powers that be gave her OPL 216.
They didn't give her this block because they liked her.
They gave it to her because nobody else wanted it.
It was "Deep Offshore" (Deep Water).
At that time, the technology to drill that deep was expensive and risky.
The big companies (Shell, Mobil) wanted the easy, shallow water.
They thought they gave her a "useless" paper.
She saw a "Golden Ticket."
She knew she didn't have the billions to drill.
But she had the Rights.
She approached Texaco (now Chevron).
She told them: "I have the access. You have the technology. Let's work."
She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.
This is the most important lesson.
When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.
They got jealous.
The Government tried to use a decree to forcefully take back 50% of her stake.
Most people would have bowed to the Federal Government out of fear.
Alakija sued them.
She fought the Federal Government in court for 12 years.
She refused to settle. She refused to be bullied.
Eventually, the Supreme Court ruled in her favor, restoring her full stake.
Why am I telling you this?
Don't despise the "Hard" road:
Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.
That is often where the biggest treasure is hidden.
Defend your Value: In business, creating wealth is one thing.
Keeping it is the real war.
You must have the audacity to fight for what is yours, even if you are fighting a Giant.
She went from sewing clothes to owning one of the most prolific oil blocks in Africa.
Not by luck. But by Grit.
Nairalanders! I hope you learnt something today.
"Agbami" roughly means the DEEPEST part of an ocean in Yoruba language Indeed ONLY the 2-dimensional seismic technology was widely available when she and FAMFA Oil got the deep offshore rights back in the early 1990s.
BUT with the introduction of 3-D seismic technology back in the late 1990s, things to a turn for the BEST in oil and gas exploration.
Brika: Nigerians have accused the founder of Invictus Group, Obinwanne Okeke, of revealing the names of 80 Nigerians listed in fraud charges by the US Federal Bureau of Investigation (FBI).
A 252-count federal grand jury indictment unsealed Thursday charged the 77 Nigerians with participating in a massive conspiracy to steal millions of dollars through a variety of fraud schemes and launder the funds through a Los Angeles-based money laundering network.
FoxMeek reports that FBI had early on Thursday led law enforcement authorities in arresting 14 defendants across the United States, with 11 of those arrests taking place in Los Angeles.
Two defendants were already in federal custody on other charges, and one was arrested earlier this week.
The remaining defendants are believed to be abroad, with most of them located in Nigeria.
The indictment alleges that the defendants and others used various online fraud schemes – including business email compromise (BEC) frauds, romance scams, and schemes targeting the elderly – to defraud victims out of millions of dollars.
Nigerians on Twitter have begun mocking Mr Okeke, accusing him of revealing the names of his accomplices to get lesser sentencing.
What stupid businessman is being refered to here in the article? Obinwanne Okeke is someone who told a LIE to Forbes Africa magazine (and his fellow Nigerians) that he was a legitimate business ONLY to discover down the road or few months later that this creep is into big time international FRAUD running into millions of USD. What he and his gang stole from American companies was far higher than what even that boy called "Hush" stole.
Nigeria's socio-economic challenges are pushing many young, able-bodied men to sell their kidneys without minding the long-term repercussions. One million naira is the 'official' price for a kidney in Abuja's black market of organ trade.
In this documentary, Trust TV provides insights into the shadow economy of illegal kidney trade that may have thrived for many years out of public sight.
It's an industry that preys on Africa's poor: a trade that turns human organs into commodities. So-called transplant tourism sees wealthy foreigners who are in dire need of a new kidney travel from across the world to western Kenya - where local men are persuaded to sell theirs for less than two thousand pounds.
Our Africa Correspondent Jamal Osman has been to the city of Eldoret, now a global hub for the organ trade to see its impact first-hand, and challenge those responsible.
naptu2: Professor Kailani Muhammad had made allegations against Alhaji Aliko Dangote on Trust TV. He returned to the station to tender an apology and retract his previous statement.
He knows he was making highly defamatory comments and Aliko's legal team reached out to this same guy (with sound evidence), hence his retraction of all that he said with an apology.
That's how to be business-like and deal ruthlessly with online and offline defamers, unlike the current Nigerian President 'Bola Tinubu (who annoying allows random posters to cast aspersions on him and damage his online and offline image WITHOUT any consequences) thinking that he is being a "democrat." That bad attitude of leaving defamers to go scott free isn't a good thing at all and doesn't portray a strong leader in the eyes of the folks on the street level. The POTUS, Donald Trump has just recently sued the BBC for defamation because some distorted versions of his comments were used in their global broadcast. That's how to be a respected leader who takes NO nonsense.
HisaacPlus: A colourised image of young Chief Obafemi Awolowo and his wife, Hannah Dideolu Awolowo, in the 1930s.
Credit: Ethnic African Stories
That's the MOST popular of Chief Awolowo's wedding photographs. Mama Hannah Dideolu was incredibly pretty tbh, and Chief Jeremiah Obafemi Awolowo, GCFR, SAN, was indeed very handsome as of the time of their wedding in the 1930s.
Raskimonojendor: Atrocities of Ojukwu and his Biafra Rebels against Old Eastern Region’s Ethnic Minorities (Rivers, Bayelsa, Akwa Ibom & Cross River States). Vol.1
Burning of Churches, concentration camps, Pogrom, Massacres, Mass graves, K!lling for sports, Executions and Win-The-War-Meat.
This is the account of an eyewitness, Dr. Nabo B. Graham-Douglas.
Jakpon: The Eyo Festival was introduced in Lagos by we Igbos
Can you guys be careful with your sarcasms. I know you and one or two other monikers on different NL threads are using sarcasm BUT it's getting annoyingly off-putting when it's overdone.
Let's be factual with historical narratives for educational purposes and for those who don't know. It's a historical FACT that Eyo is ORIGINALLY an Ijebu festival introduced into Isale Eko by Ijebu folks a few centuries ago. Period.
Melezenawii: Mr President, Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu @officialABAT GCFR 🥇 🇳🇬 and the First Lady of the Nation, Her Excellency @SenRemiTinubu this afternoon, received the Governor of Lagos State, Mr @jidesanwoolu
The Custodian of the Adamu Orisha play Akinisiku of Lagos, Chief Adebola Olalekan Alabi Dosunmu and other dignitaries, as part of the IJADE ỌPA ẸYỌ procession for the upcoming Adamu Orisa Play (Eyo Festival 2025) happening on the 27th December 2025 at the Tafawa Balewa Square, Lagos.
The Eyo Festival 2025 is dedicated to the First Military Governor of Lagos State, Brig. Mobolaji Johnson, First Civilian Governor of Lagos State, Alhaji Lateef Kayode Jakande, another Former Governor of Lagos State, Sir Michael Otedola and Mother of the President, Alhaja Abibatu Mogaji, OON, MFR
GpSarz: A female doctor was mysteriously found dead and possibly naked inside a freezer at a Dollar Tree store in Miami, Florida, on Sunday, according to police and media reports.
An employee at the discount store’s Little Havana location reported discovering a "deceased woman inside the business" during opening hours at 8 a.m., the Miami Police Department told Fox News Digital on Monday. The woman was identified as 32-year-old Helen Massiell Garay Sanchez.
"Female was located inside a walk-in freezer/cooler located in the store’s stockroom," Public Information Officer Michael Vega said.
Sanchez was also naked when she was discovered, CBS News reported, citing police scanners.
"Complainant found a naked female in the cooler of the store," dispatchers were heard saying over police scanners.
Authorities added that surveillance footage indicated no foul play was involved. The investigation remains ongoing. It also remains unclear why Sanchez entered the restricted stockroom area.
Jakumo: Wow I never heard this before. The chairlift broke down during a sleet storm while I was riding down the mountain from a day of snow skiing up in the Mount Baldy resort in Southern California. Before long that wet snow had soaked us to the skin as the wind howled up the steep wintry canyon and made the chairs sway so violently I was sure we'd become detached from the overhead cable and plummet 40 feet to our deaths.
That was the coldest I have ever been to date, but despite shivering convulsively, I never got to the stage of feeling hot that you described in the above quote, which is fortunate since I imagine that death comes knocking not long after that sensation sets in.
naptu2: The opambata (ceremonial stick) is usually taken to the residences of prominent people before an Eyo Festival, to inform them that yhe festival will soon hold. The opa was taken to the residence of President Bola Tinubu in Ikoyi.
Short video: He advised them to celebrate in peace, he said that they should avoid alcohol and that they should act as members of one family.
eepeepook: Everyone in temperate climates still wants to see Jamaica. The hunt for their festivals reduced. People still visit in droves and the country makes use of tourism as a business.
The upsurge. Foreigners of Nigerian descent will still come to Nigeria. Parents want the children to experience a slice of home. It has been like that and will continue post Detty December.
Succinctly stated.
This isn't about any Afrobeats like the OP suggested.
Many African-Americans, Afro-Caribbeans, Afro-South Americans, etc, are using ancestry DNA testings to trace what parts of Africa they and their direct ancestors originate from and this has further fueled their holiday trips to especially Ghana, Gambia, Senegal, Nigeria, Benin Republic, Cameroon, DR Congo, Angola, etc, which are the dominant areas where their ancestors where deported from via slave ships largely from the 1500s to the 1800s.
The iconic former Heavyweight boxing champion, "Iron Mike Tyson" was recently in DR Congo where he affirmed that a part of his ancestry comes from.
Ofodirinwa: These changes would not even be expensive, and would make Onitsha instantly the finest city in Nigeria
That's VERY impressive. What AI app tool did you use.
Aside from the need for urban redesigns, the ONLY other thing Onitsha, Aba and other major high density or commercial Nigerian cities and towns are known for is improper urban waste disposal and waste recycling through the indiscipline of a large number of residents due to a lack of legal punitive measures.
Do your THOROUGH financial due diligence before getting subscribed by further searching online to get MORE banks over there in Nigeria offering "interest-free SAVINGS accounts" and their various requirements using the keywords: "Interest paying savings accounts in Nigeria"
Interest-paying savings accounts in Nigeria are offered by traditional commercial banks as well as modern fintech platforms, with varying interest rates and conditions. Fintech platforms generally offer higher interest rates compared to traditional banks, especially on locked savings or fixed deposit products.
Traditional Banks Most traditional bank savings accounts offer interest rates between 4% and 8.1% per annum, often requiring limits on monthly withdrawals (typically a maximum of 4) to qualify for interest payment.
Access Bank High Interest Deposit Account (HIDA): Offers tiered interest rates, with up to 15% per annum on balances of ₦250 million and above. Lower balances earn less (e.g., 8.1% for balances less than ₦100,000). It allows 4 free withdrawals per month without forfeiting interest.
Stanbic IBTC MaxYield Account: Provides a bonus interest if the daily balance is over ₦100,000 and the number of withdrawals per month is limited.
Standard Chartered eSaver Account: Offers an interest rate of up to 9% per annum with a maximum of 4 withdrawals per month to qualify for interest.
Ecobank Supersavers Campaign Account: Features tiered interest rates up to 13% per annum for high balances (₦100 million and above). The interest rate for balances between ₦100,000 and ₦999,999 is 9.18% p.a..
Union Bank UnionSave: Offers tiered interest rates, with up to 9.85% per annum for balances of ₦5 million and above.
Wema Bank Personal Savings Account: Offers an interest rate of 4.65% per annum, provided there are no more than 4 withdrawals in a month.
Fintech Platforms Fintech companies offer highly competitive rates, often higher than traditional banks, and many are regulated by the Central Bank of Nigeria (CBN) and insured by the NDIC (Nigeria Deposit Insurance Corporation).
Renmoney: Offers some of the highest potential returns, with flexible savings (RenFlex) offering up to 18% per annum and fixed savings (RenVault) offering up to 28% per annum for locked funds. It allows daily interest payouts and no penalties for withdrawals on flexible plans.
PiggyVest: A popular platform offering various savings options. The "Safelock" feature can provide up to 18%+ annually for locked periods, while general savings ("Piggybank" offer 10%–13% interest.
Cowrywise: Offers interest rates between 10% and 15% per annum and is well-suited for structured, automated monthly savings towards specific goals.
Popular TikTok personality Habeeb Hamzat, popularly known as Peller, has broken his silence following his arrest and detention by the Lagos State Police Command over allegations of dangerous driving and an attempted suicide.
In this video, the influencer apologised to Nigerians, expressing deep remorse over the incident. Peller assured the public that he would not repeat such actions and revealed that he is currently receiving medical attention.
“I am sorry, Nigerians. Please, I’m very sorry. I will never do that again,” he said. “For now, I am on medication. Once I am done with my medication, I will be online.”
The incident had sparked widespread reactions online, prompting police intervention and renewed conversations around public safety and mental health.
Drsnives: Good evening guys.. In my place of work we normally do end of year rice contribution to help ourselves so the burden won't be much.
This year we did 10k monthly that's 120k. Below the is we package we received today. Wished I had voice, would have suggested 1 n half bag of rice, most of this items they included don't freak me..
The items include Rice 1 cartoon of Gino tomatoes (sachet ones) 5liter g.oil 4liter p.oil 2 packets of salt 1 bama Maggi Dish washing liquor n Dental floss/toothpick
Pls guy check it out n point out your observations.
My wife from her body language is saying I was cheated
I would advice that you discontinue any further monthly contributions and do whatever savings right into your own interest-paying savings account. This would give you the latitude to buy whatever you want at the end of 12 months.