Born in Bola Area of Oyo town in Oyo State as the first child of his parents, Olaniyi had his formal education at St. Michael Primary School, Òkè-èbó, Oyo State and Durbar Grammar School, Oyo Town, Oyo State where he finished his secondary school education.
Olaniyi's acting career started in 1992, after joining a theatre group introduced to him by a friend.
In 1996, Olaniyi relocated to Lagos State to further his career and has since starred in several Yoruba films.
Olaniyi is married to Omolara Afonja with whom he has two children.
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