Mrs. Mabogunje has a degree in Law from the University of Ife (now Obafemi Awolowo University), Nigeria, a postgraduate law degree (LLM) in International Business Law from the University of Exeter, England. She has also received several trainings in Management from Stanford University Graduate School of Business, ILO Training Center in Turin, Italy, the Netherlands, amongst others. She is also a Certified Business Development Service Provider.

Over the last 40 years, Toki has worked in the public and the private sector. She began her career in the public service, working with the Federal Ministry of Justice where she rose to Senior State Counsel and then went on to assume the role of Group Head Legal and Corporate Affairs for Minaj Media Group, which grew into a global business concern with its growing presence in Africa, Europe and the United States. Her management expertise and skills earned her the position of CEO of the American subsidiary of the Group, Minaj Inc.

She is active in business organizations of the organized private sector (OPS) in Nigeria. She is the immediate Past President of the Lagos Chamber of Commerce and Industry, the 3^rd woman in 135 years to be elected to that position; Chairperson Shelter Origins (an affordable housing NGO) as well as Board Member of various establishments such as Convention on Business Integrity, Resourcery Plc, Sickle Cell Foundation of Nigeria, Negotiation & Conflict Management Group, Lagos State Consumer Protection Agency (LASCOPA), Trustee National Association of Nigerian Theatre Practitioners (NANTAP). She is also an Advisory Board Member Women in Successful Careers (WISCAR); Former Council Member NECAs Network of Entrepreneurial Women (NNEW); Former General Council Member World Chamber Federation, Trustee Lagos Island Connect (LIC) (a youth focused NGO); Trustee ANWBN (a coalition of 70 Nigerian women business organisations), Trustee Holy Child College Lagos, amongst others. Internationally, she is the Vice Chair Africa of the World Chambers Federation of the International Chambers of Commerce (ICC). Toki also serves as Patron to The Business Fellowship of Our Saviours Church TBS Lagos and the Real Estate Firm of Jide Taiwo and Co.

In the year 2000, Toki founded the firm Toki Mabogunje and Co. (TMC) and over the last 23 years brings her skills, training, expertise and experience to bear when consulting with clients seeking to grow their market share in Nigeria, Africa or elsewhere globally.