SHADE OKOYA, THE WOMAN WHO BROUGHT ELEGANZA BACK TO LIFE
When Folashade Okoya married Chief Razaq Akanni Okoya, the billionaire industrialist and founder of Eleganza group, the union drew public attention. She was young, stunning, and fearless, marrying one of the most successful businessmen who was already a living legend. The headline then was “A beauty Queen marries the king of Eleganza”.
But what many didn’t see then is that Mrs Okoya wasn’t stepping into the shadows of a powerful man; she was stepping into her own destiny.

THE MARRIAGE THAT MADE HEADLINES
In 1999, Shade Okoya, who was in her early twenties, became the bride of Chief Razaq Okoya, who was in his late fifties then. The wedding was a lavish affair, the kind Lagos never forgets. The age gap sparked endless debates and criticism. People wondered if this marriage was one of love or one of money and convenience.
Despite all the rumors, Shade Okoya didn’t flinch. She stepped into the Okoya mansion with so much attention from the media and into a world few expected her to thrive in. But quietly and with unshakable poise, she began to rewrite the narrative.
SHADE’S ENTRY INTO BUSINESS
After their marriage, most people would have expected Shade Okoya to spend her days going shopping from one Luxury store to another or moving from one fashion show to another. Instead, she rolled up her sleeve and walked straight into the heart of Eleganza operations.
Eleganza was already a big brand, making plastic chairs, coolers, cosmetics, luggage bags, and furniture. In the 1980s and 90s, if you bought a household product stamped Eleganza, you bought Nigerian pride. But by the time Shade Okoya came on the scene, the company was feeling the pressure. Imported goods were everywhere, and local manufacturers were struggling.
Shade Okoya saw it differently; to her, Eleganza wasn’t fading, it was simply waiting for revival. She began learning everything she could. Sitting in boardrooms, studying production lines, and using her husband’s years of experience. Bit by bit, she found her footing, not as a spectator but as a leader.
THE ELEGANZA GLOW UP
Shade Okoya had a clear vision: Eleganza needed a glow up. Producing the same items from the 1980s wasn’t enough; the brand had to modernize and make some trendy changes.
She pushes for better quality control, fresher designs, and smart marketing that didn’t just sell their product but sold identity “made in Nigeria”. Under her influence, Eleganza started making more essentials that Nigerians always needed while finding ways to compete with foreign imports.
It worked. It was slow, but it was successful. Eleganza wasn’t just surviving; it was back in the spotlight. And all thanks to Shade for this amazing success. She shed more light on the company, not just as the Chairman’s wife but as the face of a renewed Nigerian powerhouse.

BALANCING FAMILY AND BUSINESS
One of the most fascinating aspects of Shade’s story is her ability to balance two demanding worlds, which are family and business. She and her husband, Chief Razaq Okoya, have four children, and by all accounts, she is deeply involved in their upbringing.
They live in the famous Oluwanisola Estate, popularly known as “Oluwanisola Villa” or “Okoya’s Palace” in Lagos. She manages a grand household. Yet despite being rich and blessed, she has shown discipline and structure in her daily routine. She often says in interviews that family is her top priority, even as she handles the business.
In a society where women are forced to choose one role over the other, Shade Okoya balances family and business, showing that both worlds can coexist.

MORE THAN A BILLIONAIRE’S WIFE
For years, people have seen Shade Okoya as just the “Billionaire’s wife”. But she had turned that narrative inside out. Today, she’s respected as one of the most influential businesswomen in Nigeria, admired not only for her style but also for her professionalism.
She doesn’t shy away from the spotlight; instead, she uses it with purpose. When she appears at corporate events, trade fairs, or press gatherings, it isn’t just about making an entrance; it’s about signaling that Eleganza is alive and here to stay.
In her words and actions, Shade Okoya has positioned herself as a role model for young women who aspire to balance their ambition and passion with family. She shows that stepping into privilege doesn’t mean stepping out of responsibility.
OVERCOMING PUBLIC PERCEPTIONS
Being married to a billionaire has its challenges, especially in the public eye. Shade Okoya has been judged more for her marriage than her achievements.
Earlier on, many assumed she was simply a social figure enjoying her husband’s wealth.
But over the years, her consistent involvement in business silenced much of the criticism. She built credits by proving herself through results. Today, her name is not just tied to her husband’s; Her name stands independently as a symbol of ambition and resilience.
A LASTING LEGACY
The partnership between Shade Okoya and her husband, Chief Razaq Okoya, is more than marriage. It’s more like a business alliance that has ensured Eleganza’s survival and growth in the competitive environment. Chief Razaq Okoya brought vision and experience, while Shade Okoya brought innovation, branding, and modern relevance.
Together, they have positioned Eleganza not just as a Nigerian giant but as a company with potential. And most importantly, Shade Okoya has proven that her role was never accidental; she’s the cornerstone of the company’s strategy and expansion.
In conclusion, Shade Okoya’s journey from young bride to business leader is a story of transformation and determination. What began as a marriage that sparked rumors has blossomed into one of the most powerful partnerships in Nigerian business history.
Beyond business, she has also shown it is possible to balance family life and work even when people have a lot to say. She has carved out her own identity not just as Chief Razaq Okoya’s wife but as a businesswoman in her own right.
Shade Okoya is one of the hardest-working Nigerian women who has learned the trade and mastered it.
Stay jiggy. Stay real. Stay fresh.
Life is better when you Stay Jiggy!
