Coolwealth Awards set to honour Amb. Dr. Agbeluyi Folasade, Alaafin of Oyo, King Sunny Ade

The stage is set for another momentous celebration of excellence as the prestigious Coolwealth Awards prepares for its 9th edition, scheduled to hold on January 11, 2026, at Azalea Hall, Ikoyi, Lagos.
The annual event, widely regarded as one of Africa’s foremost recognition platforms, is expected to draw influential personalities from across leadership, enterprise, culture, entertainment and humanitarian sectors.
This year’s edition will spotlight three distinguished figures whose contributions continue to resonate across Africa and beyond: Ambassador Dr. Folasade Bosede Agbeluyi, His Imperial Majesty Oba Abimbola Akin Owoade I, the Alaafin of Oyo, and legendary music icon, King Sunny Ade. Their selection reflects the award body’s commitment to honouring individuals whose impact embodies excellence, cultural preservation, and national significance.
Over the years, the Coolwealth Awards has celebrated notable achievers including Governor Babajide Sanwo-Olu, Governor Ademola Adeleke, Governor Lucky Orimisan Aiyedatiwa, Mama Rainbow, Jide Kosoko, Hafiz Oyetoro (Saka), Yemi Solade, Mr. Macaroni, Broda Shaggi, Akpororo, Oritse Femi, White Money, and Kenny Blaq, among others. These recognitions have reinforced the event’s reputation as a distinguished platform committed to celebrating outstanding figures within and beyond Nigeria.
Agbeluyi: Celebrating enterprise, service, compassion
One of the leading honorees, Ambassador Dr. Folasade Bosede Agbeluyi, continues to receive commendation for her strides in entrepreneurship, social impact and corporate leadership. Her recent conferment of an Honorary Doctorate in Business Administration (DBA) from the London Bridge Business School (LBBS-U), United Kingdom, has been described as a testament to her consistent commitment to innovation and community-focused initiatives.
As Chief Executive of the Posh Group of Companies, home to the renowned PoshGlow Skincare, Dr. Agbeluyi has built a brand distinguished for originality and results-driven product development. Since founding PoshGlow in 2017, following her certification from the London Academy of Beauty, she has expanded the company into a widely trusted skincare institution with a strong national and international customer base.
Her humanitarian efforts through the Folasade Olayinka Foundation (FOF) have equally received significant recognition. The foundation has supported widows, trained young people through skill-development programmes, and extended relief to vulnerable communities. Her widely impactful initiative, “Feeding for All,” launched in 2023, continues to support struggling households with food, mentorship and long-term empowerment programmes.
Reflecting on her journey, she noted during her doctorate conferment that, “From hunger to hardship, I’ve seen it all. That pain made me compassionate, not cold. Helping others is my purpose, not for performance.”
Her words capture the resilience and empathy that define her work. She is expected to receive three major honours at the 2026 Coolwealth Awards, namely, Woman of the Year, Humanitarian Icon of the Year, Skincare Brand of the Year (for PoshGlow Skincare
Honouring Cultural Icons and Royalty
The award ceremony will further celebrate royalty and cultural heritage with the presence of His Imperial Majesty, Oba Abimbola Akin Owoade I, whose role as Alaafin of Oyo underscores a legacy of cultural preservation and traditional leadership within the Yoruba kingdom.
Also set to be honoured is globally acclaimed music legend, King Sunny Ade, whose decades-long contribution to African sound, culture and global visibility has positioned him as one of the continent’s most influential cultural ambassadors.
Media Coverage and National Interest
As preparations intensify, TMY News is among the media outlets expected to provide editorial updates, interviews and behind-the-scenes coverage of the event. The organisation’s growing involvement in cultural reportage and national events forms part of the wider expansion strategy of its parent company, TMY Empire, which continues to play a visible role within Nigeria’s media and entertainment ecosystem.
TMY News is also expected to feature pre-event and post-event highlights as part of its commitment to spotlighting distinguished achievers across Africa.
Anticipation builds ahead of 2026 ceremony
With expectations mounting, the 2026 Coolwealth Awards is projected to deliver a night of elegance, celebration and cultural pride. For many observers, this edition not only reinforces the award body’s legacy but also further positions it as a global symbol of honour and distinction.
As January 11 approaches, attention continues to shift toward Azalea Hall, where some of Africa’s most remarkable figures will be celebrated for their influence, achievements and enduring contributions to society.


