What's Happening?
Nigerian fashion entrepreneur Sulaimon Ayoola Monayajo, known as Sly Monay, has been recognized as an honoree at the 8th 100 Persons of the Year Awards, Class of 2025. The announcement was made during the 40 Under 40 Nigeria ceremony on December 7, 2025,
at the Oriental Hotel in Lagos. Sly Monay, the Creative Director of Sly Monay Fashion, is celebrated for his innovative designs that merge African craftsmanship with modern aesthetics. His entrepreneurial ventures extend beyond fashion into food processing, rental properties, and various startups, showcasing his creativity and sustainable business development. Organizers praised him as a 'multi-talented creative leader' whose work aligns with the theme of 'Creating Lasting Impact and Development.' This accolade places him among influential Nigerians contributing to national growth and innovation.
Why It's Important?
Sly Monay's recognition at the 100 Persons of the Year Awards underscores the growing influence of creative industries in driving economic and social development. His work exemplifies how fashion and entrepreneurship can intersect to create sustainable business models that contribute to national growth. By blending traditional African craftsmanship with contemporary design, Monay not only preserves cultural heritage but also positions it within a global context, potentially boosting Nigeria's cultural exports. His ventures in diverse sectors highlight the importance of innovation and adaptability in today's economy, serving as a model for aspiring entrepreneurs. This recognition could inspire further investment in Nigeria's creative industries, fostering a more diversified and resilient economy.
