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Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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ICT

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Insurance

NIA to Honour Past Governing Council Members

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Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

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Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

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NAICOM Pledges Commitment to Labour Standards, Staff Welfare

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Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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Insurance

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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.

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