Dele Momodu Biography: Early Life, Age, Career, Net Worth

Let’s explore Dele Momodu biography.

Chief Ayòbámidélé Àbáyòmí Ojútelégàn Àjàní Momodu, widely known as Dele Momodu, is a distinguished Nigerian journalist, publisher, businessman, and motivational speaker.

He is the CEO and publisher of Ovation International, a prominent celebrity magazine that has showcased African excellence on a global stage. Over the years, he has built a legacy in journalism and media, influencing political discourse and advocating for democratic governance in Nigeria.

His career spans decades of impactful contributions to journalism, literature, business, and politics.

Dele Momodu Biography Overview

Attribute Details
Full Name Ayòbámidélé Àbáyòmí Ojútelégàn Àjàní Momodu
Date of Birth May 16, 1960
Place of Birth Ile-Ife, Osun State, Nigeria
Nationality Nigerian
Education Bachelor’s in Yoruba; Master’s in English Literature
Alma Mater Obafemi Awolowo University
Occupation Journalist, Publisher, Businessman, Motivational Speaker
Marital Status Married to Mobolaji Abiodun Momodu
Children Four (Pekan, Yole, Eniafe, Korewa)
Net Worth Estimated at $40 million
Notable Roles CEO of Ovation International

Dele Momodu Biography

Early Life and Education of Dele Momodu

Dele Momodu was born on May 16, 1960, in the historic town of Ile-Ife, Osun State, Nigeria. His name, Ayòbámidélé, translates to “my joy has followed me home,” signifying his parents’ deep hope and expectations for him. He was the youngest of three siblings and faced adversity early in life when his father passed away when he was just 13 years old. Despite this, his mother ensured he received a solid education, prioritizing knowledge as a means of social mobility.

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Momodu attended Obafemi Awolowo University, where he obtained a Bachelor of Arts degree in Yoruba before pursuing a Master’s degree in English Literature. His academic journey sharpened his literary prowess, equipping him with the communication skills that would later define his career in journalism and publishing.

Dele Momodu Career

Journalism and Publishing

Dele Momodu’s career began in academia as a lecturer at the Oyo State College of Arts and Science in Ile-Ife during his National Youth Service between 1982 and 1983. He later worked as a private secretary to Chief Akin Omoboriowo, the former Deputy Governor of Ondo State, from 1983 to 1985. In 1986, he managed the Hotel Royal Limited for the Ooni of Ife, Oba Okunade Sijuwade.

In 1988, he transitioned into journalism, joining African Concord magazine as a staff writer. His writing was well-received, and he eventually became the editor of May Ellen Ezekiel’s Classique, a popular celebrity magazine. His reputation as a fearless journalist grew, and he played a key role in covering major political events in Nigeria. Over the years, his incisive commentaries and bold reporting made him one of the most respected voices in Nigerian journalism.

Political Exile and the Birth of Ovation International

Following the annulment of the 1993 June 12 presidential election, Momodu openly supported Chief MKO Abiola’s democratic mandate. His activism led to his arrest and imprisonment under General Sani Abacha’s military dictatorship. After his release, he fled Nigeria in 1995 and lived in exile until 1998.

During his time in exile, Momodu founded Ovation International in 1996, a magazine that highlighted African achievements and global excellence. The magazine gained significant traction, covering high-profile events and personalities in Africa and beyond. Ovation International not only became a platform for showcasing African culture but also a bridge connecting Africans in the diaspora with the continent.

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Political Ambitions

In 2011, Momodu made a bold move into politics, running for president under the National Conscience Party. Though his campaign was unsuccessful, it cemented his status as a vocal political commentator. In 2022, he announced his intention to contest the presidency under the People’s Democratic Party (PDP), emphasizing his commitment to good governance and democracy.

Beyond his direct political involvement, he has remained an influential voice in Nigerian politics, frequently offering critical perspectives on governance, leadership, and national issues through his media outlets and social platforms.

Dele Momodu Biography

Net Worth and Business Ventures

As of 2024, Dele Momodu’s net worth is estimated at $40 million. His wealth stems from his media enterprise, endorsements, and investments. Besides Ovation International, he has expanded into digital media and event management, reinforcing his status as a seasoned entrepreneur. His business ventures extend beyond journalism, including consultancy services, brand endorsements, and real estate investments, further solidifying his financial standing.

Dele Momodu Recent Developments

In March 2025, Momodu advised Nigerians considering relocation abroad to weigh their options carefully, highlighting the challenges of living overseas. Additionally, he discussed the potential for the PDP to form a coalition to challenge the ruling party in the 2027 elections, reflecting on the evolving political landscape.

Dele Momodu married Mobolaji Abiodun on December 19, 1992. Their union has produced four children: Pekan (born 1994), Yole (born 1996), Eniafe (born 1997), and Korewa (born 2004). Family remains an essential pillar of his life, and he often shares moments of personal reflection and achievements through his media platforms.

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Frequently Asked Questions

What is Dele Momodu’s educational background?

Dele Momodu holds a bachelor’s degree in Yoruba and a master’s degree in English Literature from Obafemi Awolowo University.

What is Ovation International?

Ovation International is a celebrity magazine founded by Dele Momodu in 1996, focusing on African culture and achievements. It has become one of the most recognized African publications globally.

Has Dele Momodu run for political office?

Yes, he ran for president in 2011 under the National Conscience Party and declared his intention to run again in 2022 with the PDP.

Is Dele Momodu married?

Yes, he married Mobolaji Abiodun in 1992, and they have four children.

What is Dele Momodu’s net worth?

As of 2024, his net worth is estimated at $40 million, largely from his media ventures and business investments.

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