Red Star Express Marks 24th Anniversary

Group Managing Director of Red Star Express Plc, Sola Obabori has praised the foresight of those who built the Red Star brand from the scratch saying their tenacity has brought the company to its present state of growth.

Speaking on the 24th year anniversary of the company on 12th October 2016, Obabori stated that the unique vision of Dr. Mohammed H. Koguna, Mazi, Sonny Allison, Mr. Patrick Nwosu, Olorogun Eddy Olafeso and other investors who took the risk to start this company, has survived several seasons and cycles. He also thanked all the tireless efforts of all staff who have served the company both past and present, for the commitment, resilience, passion for excellence and enthusiasm for growth.

“Our focus at this time, despite the challenging business environment, is to build Red Star Express from a Good To Great Company, positively impacting lives and businesses, within and outside the shores of Nigeria”, he said.

He noted that “we must refuse to rest on our oars as there are yet many grounds to conquer and together we would improve our processes in line with global best standards, innovate new products and services to delight and exceed customers’ expectations and invest not only in ourselves but also in this great Company for the future”.

In a related development, TNT has selected Red Star Express as a new service provider in Nigeria as of October 7, 2016, for its international range of services to and from more than 200 countries worldwide. This has also been approved by the management of TNT (Bahrain) E.C effective from October 7, 2016, after assessment of TNT’s existing operations and future market requirements.

“This means that Red Star Express will now offer TNT’s international range of services to and from more than 200 countries worldwide” according to CyrilleGibot, TNT External Communication Manager.

Sola Obabori stated that the appointment has provided a bigger platform that will boost the logistics industry especially in Nigeria because the TNT team members bring 70 years of diverse experience, which, combined with that of Red Star Express with its well-grounded road network will make the selection a success story.

Already, the TNT sales, operational and technological systems integration with that of Red Star Express have been concluded and this has allowed TNT clients in the country to continue to enjoy TNT’s high valued delivery services and at the same time benefit from Red Star Express’ partnership with FedEx that has lasted over 20 years.

spot_img
spot_img
spot_img
spot_img

Hot this week

PufferPay CEO, Emmanuel Ovaga, to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of...

SERAP asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious Presidential Council’

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

FG to IMF: Response to Recent Misrepresentations on Public Expenditure

The Federal Government has noted recent public commentary alleging...

Topics

Stanbic IBTC Revamps Private Banking with Rewards via Save and Enjoy Promo

Stanbic IBTC Bank has transformed its Affluent Banking segment,...

Stanbic IBTC Bank Secures CNY800m Term Loan Agreement with China Development Bank

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

UNDP @ 50: ‘World Must Step Up to Beat Poverty by 2030’

Meeting the Sustainable Development Goals (SDGs) is only possible...

Emirates Wins 2025’s Most Recommended Global Brand Recognition by YouGov

Emirates, the world’s largest international airline, has topped the...

Seplat Energy Achieves $537m Dividend Milestone for Shareholders

  Having approved its final dividend of 7.5 cents per...

IFC Invests $2bn on Power Generation in Africa

The International Finance Corporation (IFC), an arm of the World Bank Group, says it has mobilised and invested over $2 billion to support more than 1, 5000 megawatts of new generation capacity in Africa in the past two years. It says Africa needs to increase its power generation capacity by 7, 000 megawatts each year to meet rising demand for electricity in a continent where most people live without electricity lamenting that such gap hinders economic growth and deters much-needed foreign investment. It says that expanding the supply of energy has become an imperative that cannot be delayed in Africa.

Chinese Dominance Worries Nigeria’s Textile Traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy Made-in-China fabric."A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money, I can buy six pieces of cheap Chinese brocade which cost only 1,500 Naira a piece and still keep some change."The proliferation of Chinese-made textiles is a boon for consumers like Nafiu, with Kano and the wider North struggling with unemployment and economic constraints. Click here to make a lazy tweet.
spot_img

Related Articles

Popular Categories

spot_imgspot_img