Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Red Star Express Appoints New EDs, MDs for Subsidiaries

In its bid to offer more comprehensive logistics solutions that will enhance clients’ optimal satisfaction and reposition the brand to consolidate its leading position in the industry, one of Nigeria’s foremost logistics companies, Red Star Express Group has appointed new Executive Directors for the group and Divisional Managing Directors for its subsidiaries.

The subsidiaries are Red Star Logistics, Red Star Support Services, Red Star Freight and the Express arm.

Sola Obabori becomes the Group Deputy Managing Director/Chief Executive Officer.

An astute management professional with long and outstanding Sales and Marketing career, he traversed different spheres in the industry, making landmark contributions in areas of Customer Service and business development, Outsourcing, Logistics, Warehousing and Freight. He was previously the General Manager/Chief Operating Officer of Red Star Logistics Limited.

He is an alumnus of several advanced management and leadership programmes from world class institutions including The School of Business Leadership of the University of South Africa, McGill Executive Institute, Canada, Lagos Business School, Nigeria; Harvard Business School, USA; Haas Business School of the University of California, Berkeley, USA; The University of Westminster, United Kingdom and FedEx Purple Academy, Belgium where he excelled as the Purple Star Award Winner in 2006. He is an Associate member of the National Institute of Marketing of Nigeria (Chartered) and a Fellow of the Institute of Business Development.

Victor Ukwat is the Executive Director, Sales and Marketing for the group. A resourceful professional with strong expertise in revenue expansion and cost reduction through building of a competitive corporate brand, he is passionate about excellent service delivery, building and motivating dynamic teams and creating revenue opportunities.

Victor holds a Bachelor’s degree in Science (B.Sc) from the University of Calabar, M.Sc. from the University of Ibadan and an MBA in Business Administration from the Lagos Business School. He is an alumnus of Senior Entrepreneurship, Management and Leadership Programmes from some Global best institutions, including FedEx Purple Academy Brussel, IESE Business School (Spain), Harvard Business School (USA), Columbia Business School New York , University of Wisconsin (USA) and most recently, Schulich Business School, Toronto Canada.

Auwalu Babura is the Executive Director, Finance and Administration for the group. He holds a first Degree in Accounting (BSc) from Bayero University Kano and an MBA in Business Administration (MBA) from the Lagos State University. He is also an Associate of the Institute of Chartered Accountants of Nigeria. He Joined Red Star Express in 1994, and has served in various capacities as Head of Internal Control and Processes, Head of Treasury and Accounts, Group Accountant, Group Treasurer, Credit Controller among others. He has attended various training programs cutting across Controls, Planning, and Risks& Leadership amongst others both locally and abroad.

Charles Ejekam becomes the Divisional Managing Director of the Express arm of the group. He started his career in Red Star Express as a Commercial Executive in year 2000. He has handled various responsibilities in territorial management, key accounts management, marketing, brand and public relations and regional sales management both in Lagos and Abuja.

He holds a Masters degree in Public and International Relations from the University of Lagos and a Bachelor of Science Degree in Political Science with a Second Class Honours (Upper Division) from the University of Nigeria, Nsukka. He has at various times attended trainings within and outside the country in the areas of leadership, sales and marketing and key account management.

Enoma Ojo is the Divisional Managing Director, Red Star Support Services, responsible for the management of the outsourcing arm of the group. Until recently, he was the Assistant General Manager, Corporate Services, overseeing the recruitment and staffing, learning and development and the management of the group’s fleet and facilities. He has 19 years working experience in the company and has risen through the ranks as a commercial executive, commercial coordinator, assistant commercial manager Port Harcourt, district manager Aba, acting assistant general manager East, and chief operating officer Red Star Support Services.

He is a graduate of Economics & Statistics. He also obtained a Masters of Business Administration (MBA) from the University of Benin. He has attended courses in Management and Leadership, Sales and Marketing, Customer Service, Finance, Manpower Development and Service Management.

Tonye Preghafi, until his appointment to head Red Star Freight Limited was the Head, Learning and Development for Red Star Express Group. He joined the organization in October 2004 and has served in various capacities in both Lagos and Port Harcourt. He started out in Corporate Sales and later on to Learning and Development. In between, he served as President Red Star Express Cooperative and Multipurpose Society. He holds a Bachelors Degree in History from the Lagos State University and a Masters in Business Administration (MBA) from Business School, Netherlands (BSN). He has attended several management and leadership trainings within and outside Nigeria.

Red Star Logistics is headed by Ocholi Etu. Ocholi joined the Red Star group from MDS Logistics where he worked in various capacities, including as a Depot Manager in Calabar in 2007 and later in Kaduna. In 2008, He was transferred to Aba to manage MDS Logistics’ largest distribution center in the eastern region, a position he held for 4 years till 2012. He was twice recognized as ‘The Manager Of The Year’ in 2010 and 2011. In 2012, he was appointed MDS Regional Manager Lagos & West, managing operations spanning 9 states in south south, south west and north central geo political zones of Nigeria.

He holds a Bachelors Degree in Economics from Bayero University Kano and an MBA from University Of Wales, Cardiff in the UK. He is a member of Council of Supply Chain Professionals USA, Chartered Member, Chartered Institute of Logistics and Transport, UK (CMLIT), an Expert in Supply Chain Management (ESCM) from Institute Of Supply Chain Management (IoSCM, UK), a Certified Practitioner in Procurement and Logistics (CPPL) from Institute of Professional Financial Managers, London (IPFM, UK).

About Red Star Group
Red Star Express Group is a premium logistics solution provider in Nigeria in area of revenue, network coverage and market share in the domestic and international market. It enjoys a domestic strength of over 240 offices in Nigeria, delivers to additional 1,800 communities, over 2,400 highly trained personnel with over 600 delivery vehicles in its fleet. It operates as the Nigerian licensee of FedEx, which is the world’s largest express transportation company.

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Access Bank Opens Application for Womenpreneur Pitch-a-Ton 2025 Program

L – R: Nene Kunle-Ogunlusi, Group Head, Women Banking; Chozoba...

Cornerstone Insurance Wins African Innovation Award

Cornerstone Insurance Plc has won the 2O16 Innovation of...

CBN Revokes Licence of Heritage Bank over Financial Incompetence

The Central Bank of Nigeria (CBN), in accordance with...

NCC Disowns Report on 3m New Lines in Qtr1

The attention of the Nigerian Communications Commission (NCC) has...

Why Is Nigeria Recording More Malnutrition Deaths Than War-Torn Palestine?

By Elvis Eromosele At the end of July 2025, the...

Ecobank MySME Growth Series: AI Holds the key to Business Development-Erhabor

Small and Medium Enterprises (SMEs) in the country have...

NCC, FCCPC Ink MoU on Telecom Consumer Protection

From Left:  Executive Vice Chairman/CEO, Federal Competition and Consumer...
Exit mobile version