Farooq Oreagba Biography: Age, Wife, Net Worth, Parents & Family

If you have been searching online for the man who took Nigeria by storm at the Ojude Oba festival, the name on everybody’s lips is Farooq Oreagba. He is not just a stylish face on a horse. He is a powerful Nigerian finance executive with a story that will leave you inspired. This article covers everything you need to know about Farooq Oreagba, from his early life and education, to his career, family, cancer battle, net worth, and why he is still trending in 2026.

Who Is Farooq Oreagba?

Farooq Olatunbosun Oreagba is a top Nigerian businessman and finance professional. He is widely known as the Managing Director and Chief Executive Officer of NG Clearing Limited, which is the company responsible for clearing and settling trades on the Nigerian stock market. Think of him as one of the key people making sure money moves correctly in Nigeria’s financial system.

Beyond boardrooms and balance sheets, Farooq is a man of culture. He belongs to the Oreagba Akeula family, a royal Ijebu lineage with deep roots in the ancient town of Ijebu-Ode, Ogun State. His family has participated in the Ojude Oba festival for generations, a tradition that goes back to his grandfather. But it was his personal appearance at the 2024 edition of the festival that made him a national celebrity almost overnight.

Quick Fact: Farooq Oreagba rode a horse at the 2024 Ojude Oba festival, dressed in full Aso-Oke Agbada regalia, with striking tattoos on his arm. The photos and videos went viral across Nigeria and beyond, earning him the nickname “King of Steeze.”

Why Farooq Oreagba Is Trending in 2026

As of May 2026, Farooq Oreagba continues to trend online because of the massive wave of public interest that started at the 2024 Ojude Oba festival and has not slowed down. People who never cared about finance suddenly wanted to know everything about this man. Who is his wife? Who are his parents? What is his net worth? How did he survive cancer? How old is he? These are the questions millions of Nigerians are typing into Google every single day.

The 2025 Ojude Oba festival only added more fuel to the fire. Farooq showed up again, this time with his son, and together they stole the show once more. His consistency, his boldness, and his refusal to let his age or health history dim his light have made him a genuine cultural icon. He has become a symbol of what it looks like to age with purpose and power.

Cancer Survivor and Cultural Icon: Farooq was diagnosed with bone marrow and skin cancer (multiple myeloma) in 2014. After nearly three years of treatment, he was declared cancer-free in 2017. His story has inspired thousands of Nigerians living with chronic illness.

What You Need to Know About Farooq Oreagba

Early Life and Family Background

Farooq Oreagba was born in July 1966 in Ijebu-Ode, Ogun State, Nigeria. He grew up in a family that placed a very high value on education and discipline. The Oreagba family is deeply rooted in Yoruba culture and has been an active part of the Ojude Oba horse-riding tradition for decades. His grandfather led the horse parade at the festival until he passed away in 1967. His uncle then took over the riding procession, and another uncle joined from 1984. When Farooq stepped into that tradition in 2024, he was not doing something new. He was continuing a family legacy.

His parents, Mr. and Mrs. Oreagba, raised him with a strong foundation. His father was a detail-oriented professional and his mother ran the home. Together, they shaped the disciplined, focused man that Farooq grew up to be.

Education

Farooq started his academic journey right at home in Ijebu-Ode, attending Ijebu-Ode Grammar School. He then moved to the prestigious King’s College in Lagos, one of Nigeria’s most respected secondary schools. After that, he pursued higher education in the United Kingdom.

He attended Edward Greene’s College in Oxford, London, where he graduated with distinction. He also earned a Bachelor of Engineering in Combined Engineering Studies from Coventry University between 1985 and 1989. He later added a BTEC Diploma in Business and Finance from the University of East London between 1991 and 1993. His academic record is one of the strongest among Nigerian finance executives of his generation.

Career

Farooq Oreagba has spent over four decades working in Nigeria’s financial sector, both locally and internationally. He built his name through years of hard work in investment banking, capital markets, and deal origination. He became well known in finance circles long before the general public knew his face.

One of the biggest chapters of his career was his tenure as a Member of the Derivatives Product Advisory Committee of the Nigerian Stock Exchange. In that role, he helped shape how financial products are traded and regulated in Nigeria. He was instrumental in executing the first index futures trade in Nigeria, a major milestone for the country’s financial markets.

In September 2023, he was appointed Managing Director and Chief Executive Officer of NG Clearing Limited. This company serves as West Africa’s premier Central Counterparty (CCP), sitting at the heart of Nigeria’s trading infrastructure. Under Farooq’s leadership, NG Clearing has continued to grow in both reputation and operational strength.

Key Career Milestone: September 2023 — Farooq Oreagba was appointed MD and CEO of NG Clearing Limited, making him one of the most powerful figures in West Africa’s financial clearing system.

Age

Farooq Oreagba was born in July 1966. As of May 2026, he is 59 years old. He turns 60 in July 2026. Looking at the man, you would not guess his age easily. The energy he brings to public appearances, his boldness in fashion, and his active participation in cultural events make him seem younger than his years.

State of Origin

Farooq Oreagba hails from Ijebu-Ode in Ogun State, in the south-western part of Nigeria. He is a proud Ijebu man, which is a subgroup of the Yoruba ethnic group. His identity as an Ijebu indigene is something he wears with great pride, both literally and figuratively, especially at the Ojude Oba festival which is the biggest annual cultural celebration in Ijebuland.

Religion

Farooq Oreagba is a Christian. Despite bearing an Islamic first name, which is common among Yoruba families where names are sometimes given across religious lines, he practices Christianity. His faith played a role in how he navigated his cancer diagnosis and recovery.

Wife and Personal Life

Farooq Oreagba has kept his personal life largely private, and that is a choice many public figures make. What is known publicly is that he was previously married and has children from that relationship. He later moved on, and his current partner has not been disclosed to the public as of the time of this writing.

He has three sons in total. His first two sons are from his previous marriage, and his youngest son is with his current partner. At the 2025 Ojude Oba festival, Farooq appeared alongside his son, and the two of them riding together became one of the most heartwarming moments of that year’s celebration. His family clearly means a great deal to him.

Note on Privacy: Farooq Oreagba has not publicly named his current partner. Out of respect for his privacy, this article will not speculate on the identity of individuals who have not chosen to step into the public eye.

Parents

Farooq Oreagba was born to Mr. and Mrs. Oreagba of the Oreagba Akeula family in Ijebu-Ode. Detailed information about his parents has not been made public, and their names are not widely known. What is clear from accounts of his upbringing is that his parents were hardworking and placed education and integrity at the top of their household values. Their influence shaped the disciplined professional and cultural advocate that Farooq has become.

Net Worth

Farooq Oreagba’s exact net worth is not publicly confirmed. However, given his career spanning over four decades at the top of Nigeria’s financial sector, including senior roles in investment banking and his current position as MD and CEO of NG Clearing Limited, he is clearly a man of significant means. Estimates from various sources place his net worth anywhere between $1 million and $50 million, though neither end of that range has been officially verified.

His wealth comes from his financial career, executive salaries, investment activities, and business interests built over decades. He is not flashy about money in a way that invites public scrutiny, but his lifestyle, his education, and the circles he moves in all speak to a very comfortable financial position.

Height

Farooq Oreagba’s exact height has not been officially documented in public records. From his public appearances, including his photos and videos on horseback at the Ojude Oba festival, he appears to be of above-average height with a lean, upright build. A specific figure would be speculation, and this article does not deal in guesswork.

Social Media

Farooq Oreagba is active on Instagram. You can follow him at @farooqoreagba on Instagram. His page features his cultural appearances, personal moments, and his celebrated style.

Frequently Asked Questions About Farooq Oreagba

Final Word

Farooq Oreagba is a man who has done things the quiet way for most of his career. He built a name in Nigeria’s most demanding professional space, finance, without making noise. He survived a life-threatening illness without a parade. Then one afternoon in Ijebu-Ode, dressed in full Aso-Oke glory on the back of a horse, he let the world see a glimpse of what he truly is. And the world responded with admiration.

His story carries lessons that go far beyond fashion or finance. It is about legacy. It is about showing up for your culture even when the world does not know your name yet. It is about fighting cancer quietly and coming out on the other side stronger. It is about passing traditions to your children and riding with them into the future. Farooq Oreagba at nearly 60 years old is living proof that your best chapters do not always come first.

We will keep this page updated as more verified information about Farooq Oreagba becomes available. If you found this biography helpful, share it with someone who needs to know this story.