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Henry Fajemirokun

Henry Fajemirokun was a prominent Nigerian businessman and one of the country's dynamic indigenous entrepreneurs who promoted West Africa's economic integration. He was a former president of the Lagos Chambers of Commerce and of the Federation of West African Chambers of Commerce (1972-1978). He started business in the 1950's by exporting Hides and Skin, Rubber, Coffee and Shea Nuts.In the 1960's, he started a massive importation of cement from Egypt and Poland. He was helped in this venture, by a credit facility provided to him by a British Bank in London. He also ventured into Commodity brokerage, and in 1969, he bought and held a seat on the London Stock Exchange.

During the 1970's, as the chairman and largest shareholder of Henry Stephens group of Companies, he became a major shareholder in some leading companies in Nigeria. Henry Stephens acquired or represented major foreign operations in the country. He became the sole distributor for Xerox, after Daily Times, a company he had tried to acquire a stake in, left negotiations with Xerox international. Henry Stephens also acquired stakes in Johnson Wax and Fan Milk. The company was also a pioneer in the Nigerian Maritime industry. It was one of the first Nigerian companies to own interest in a shipping line.

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