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SIFAX Group, the longest-running sponsor of The Next Titan, Nigeria’s foremost entrepreneurial reality TV show, has renewed its annual sponsorship for the 6th edition of the show.
SIFAX Group has been a sponsor of the TV show since its inception.
According to Mr. Adekunle Oyinloye, Group Managing Director, SIFAX Group, the impact of the show over the years in helping budding entrepreneurs to activate their business ideas is responsible for the continued sponsorship.
He said the company had thoroughly evaluated the programme viz-a-viz its objectives as well as the track record of past winners and other participants and the consensus favoured the sponsorship renewal.
He said: “The need to empower the next set of wealth creators, develop capacity for Nigeria’s youth and encourage the entrepreneurial instinct of young Nigerians are reasons why SIFAX Group has decided to renew its support for the Next Titan Season 6.
“We have also looked at the first five editions of the show, the mechanics, strategy, how past winners and participants have fared, new ideas introduced for this year’s show, among others and we are satisfied with the organisers and decided to renew our sponsorship.”
“SIFAX Group is desirous of creating the next set of wealth creators and entrepreneurs and we see The Next Titan as a veritable medium that this can be achieved. We are proud of how the previous winners of the show have gone on to add value to the society with their scalable and impactful business ideas and employment of more Nigerians.”
The Next Titan is the brain child of Bravo Points International.
Another accolade has gone the way of SIFAX Group as the company recently bagged the prestigious Next Bulls Award of Nigeria’s premier business newspaper, BusinessDay.
According to Mr. Frank Aigbogun, Publisher/CEO, BusinessDay, the award was conferred on the business conglomerate due to its brand authenticity, incredible growth trajectory, market dominance, outstanding value system, innovative solutions and most importantly, the proudly Nigerian values espoused by its leadership.
While shedding further light on the award, Aigbogun said it was premised on a survey conducted amongst active investors on the Nigerian Stock Exchange (NSE) and is meant to celebrate private, indigenous companies that active, informed investors on the NSE have expressed a strong demand to own their shares if their boards ever decide to take them public.
“After collation of survey responses which was administered on equity analysts, retail and institutional investors, financial journalists, sectoral experts, professionals and millennials, more than 90 of the respondents identified SIFAX Group as a company whose stock they would like to own in their dream equity portfolio for long-term holding if the choice was limited to only 10 companies. In total, 214 of the respondents affirmed that they that they would invest in the SIFAX Group’s Initial Public Offering (IPO) if it ever approached the market”, he said.
Mr. Adekunle Oyinloye, Group Managing Director, SIFAX Group, who received the award on behalf of the company appreciated BusinessDay for considering SIFAX Group worthy of recognition. “We know that an award proposition from BusinessDay is not a fictitious or money-making venture. This award is credible. We are genuinely grateful for this. As a Nigerian company, we believe in this country and that is the major reason we continue to deepen our investment in various sectors of the economy,” he said.
He noted that one of the company’s subsidiaries, SAHCO Plc, had been listed on the exchange, adding that the management was impressed by the investors’ appetite as evident in the level of subscription to the IPO.
SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has announced the appointment of Captain Ibraheem Olugbade and Mr. Edward Ndahi as Executive Director and Group Chief Security Officer.
Olugbade, who was Nigeria’s erstwhile Alternate Permanent Representative to the International Maritime Organisation (IMO) in London between 2011 and 2016, will oversee all the company’s inland container depots.
He holds a Post-Graduate Diploma in Maritime Transport Management from the Nautical Institute for Technology, Rivers State University of Science & Technology, Port Harcourt and Master Class Revalidation Certificates from the University of Tasmania, Australia and Australian Maritime College Launceston, Tasmania. He also possesses 1st Mate & 2nd Mate Certificate of Competency from Arab Maritime Transport Academy, Alexandria, Egypt and a National Diploma in Nautical Science from Maritime Academy of Nigeria.
His professional experience spanned various maritime organisations, both locally and internationally, including the Nigerian National Shipping Lines (NNSL); the Nigerian Ports Authority, where he served variously as an Harbour Master in different Nigerian ports and rose to become an Assistant General Manager; and Nigerian Maritime Administration and Safety Agency, where he was Deputy Director, Maritime Survey & Certification and Director, Maritime Safety & Security.
Ndahi is a seasoned security professional with over seventeen years’ experience.
He possesses an Ordinary National Diploma in Public Administration and Bachelor of Science in Public Administration from the University of Maiduguri and Bachelor of Science in History and International Studies from Ekiti State University.
He began his career as a detective with the Department of State Security and moved to become the Chief Security Office for Camitel Nigeria Limited, Abuja; District Security Supervisor for Shell Petroleum Development Company; Chief Security Officer- Transcorp Hilton, Abuja and Deputy Sergeant-at-arms, Operations at the National Assembly Commission, Abuja.
Speaking on the appointments, Mr. Adekunle Oyinloye, Group Managing Director, SIFAX Group, said the quality of both recruitment was informed by the vision of the company to become a leader in all its business sector and drive it for more profitability.
He said: “As part of the company’s continued restructuring efforts, which is targeted at strategically positioning the company for better service delivery, corporate reengineering and next level strategic growth, we are delighted to have appointed these two senior executives into our top management. The company is driven by its vision of becoming the market leader in all the sectors we operate. For this vision to be fulfilled, the quality leadership must be top-range. That’s why we brought in these tested hands to join us to maintain our prime position and to deliver value for our clients and other stakeholders.”