L-R OICL Group Directors: Mr Seni Adio, SAN, Otunba Mrs Debola Osibogun, GMD, Mr Abdulrahman Yinusa, Chief of Staff, Hon Segun Ogunwuyi, representing Oyo State Governor, OICL Group Chairman, Otunba Bimbo Ashiru, Commissioner for Lands, Housing and Urban Development, Mr Williams Akinfunmilayo, OICL Group Directors, Dr Tola Kasali, Mr Segun Ojo and Mrs Folusho Olaniyan,Read More
The Board of Odu’a Investment Company Limited has commended Lagos State governor, Babajide Sanwo-Olu for his administration’s support to the growth and repositioning of the group while seeking more partnerships with the state. The board, through its Chairman, Otunba Bimbo Ashiru, gave the commendation when the OICL board paid a courtesy call to the governorRead More
It was a night of encomium as notable Nigerians graced the farewell party for Dr Segun Aina, OFR, immediate past Chairman of Odu’a Investment Company Limited (OICL), and the former Group Managing Director (GMD)/Chief Executive Officer (CEO) of the company, Mr Adewale Raji. GMD, OICL, Mr. Abdulrahman Yinusa; Chairman, Cadbury Nigeria Plc, Dotun Sulaiman; formerRead More
Vice President Kashim Shettima with Group Chairman, Odu’a Investment Company Limited, Otunba Bimbo Ashiru, left, and Deputy Chief of Staff to the Vice President, Sen. Ibrahim Hadejia during a courtesy visit by the Odu’a Board of Directors to the Vice President at the Villa. The Vice President, Senator Kashim Shettima commended the Odu’a Investment Group for its sustainabilityRead More
Odu’a Investment Company Limited (OICL) on Wednesday, July 31st, 2024 held the official opening ceremony of its new Lagos Island liaison office strategically nestled at the Western House building, the iconic first high-rise in Lagos state. The move was a bold step towards bringing the legacy South Western government-owned conglomerate closer to Lagos Island’s hub ofRead More
Odu’a Investment Company Limited (OICL) and the Nigerian Office for Philanthropy and Impact Investing has signed a Memorandum of Understanding(MoU) towards the provision of grants for MSMEs in the South-West states. The MoU was signed yesterday by officials of both organisations at the Job creation and MSME Secretariat, BOI Building, CBD, Abuja The MoU isRead More
The Group Managing Director/CEO of Odu’a Investment Company Limited (OICL), Mr Abdulrahman Yinusa has commended the good work that is being carried out by the Odu’a Investment Foundation (OIF), particularly with the Digital Education for Innovation and Economic Development (DEFINED) project which was officially inaugurated in October 2023 at the Lagos Airport Hotel, Ikeja, LagosRead More
Odu’a Investment Company Ltd.,(OICL) and the Nigeria Philanthropy Office, has concluded plans to sign a Memorandum of Understanding(MoU)in providing grants to spur industrialisation in the South-west zone. Otunba Bimbo Ashiru, Group Chairman, Odua Investment Company Ltd., confirmed this at a meeting between OICL and the Office of the Philanthropy held in Lagos to discuss areasRead More
Mr. Abdulrahman Yinusa assumed office as the 9th GMD/CEO of Odu’a Investment Company Limited (OICL) on Monday, 3rd of June, 2024. He was up till the time of appointment the Group Chief Financial Officer of the Company. He took over from Mr. Adewale Raji who retired from the service of OICL on 31st May 2024,Read More
Group Chairman of Odu’a Investment Company Limited, Otunba Bimbo Ashiru has expressed the company’s readiness to partner with the Ondo State government for more business opportunities in real estate, tourism, hospitality, and agriculture. Otunba Ashiru stated this during the visit of the Board of Directors of Odua to the governor’s office in Akure, Ondo stateRead More
We wish to announce a significant addition into our executive management team in person of Mr. Yemi Ajao, who has been appointed as our new Group Chief Investment and Business Development Officer (GCIBDO). The Group Chief Investment and Business Development Officer is joining the group with his extensive background in oil and gas operations – engineering, strategy, and corporate financeRead More
Odu’a Investment Company Limited on Friday, January 19, 2024 began discussions with the Nigerian Exchage Limited(NGX) to be listed and raise capital from investors. Group Chairman of the company, Otunba Bimbo Ashiru said this at the closing gong ceremony by the firm at the NGX in Lagos. Otunba Ashiru said the move would not onlyRead More
ODU’A INVESTMENT COMPANY LIMITED “Odu’a Investment” announces the retirement of the Group Managing Director/Chief Executive Officer, Mr. Adewale Raji, and the appointment of Mr. Abdulrahman Yinusa as the Group Managing Director / Chief Executive Officer effective 1st of June, 2024. Mr. Adewale Raji’s retirement follows ten (10) years of dedicated service as Group Managing DirectorRead More
Odu’a Investment Company Limited end of year 2023 party took place at Best Western Hotel, Iyaganku GRA, Ibadan on Thursday, December 21, 2023. It was a time to unwind, celebrate achievements, embrace the joy of the holiday season, cherish memories and look forward to new beginning in the year 2024. Entire staff and Management wereRead More
The Governor of Ogun State, Prince Dapo Abiodun, has passed a vote of confidence on the board and management of Odu’a Investment Company Limited on its record of accomplishment in recent years. The governor who stated this, when he received the board and management of the Odu’a Group led by the Group Chairman, Otunba BimboRead More
The Odu’a Investment Company Limited 2023 Annual Board Strategy retreat was held from Wednesday, October 25 to Thursday, October 26, 2023, at the International Institutes of Tropical Agriculture, IITA, Ibadan, Oyo State. The two-day strategy retreat was organised to redefine the company’s strategic aspiration and evaluate OICL overall business environment.The retreat among others, also reviewedRead More
Barely three months of its inauguration, the Odu’a Investment Foundation under the Chairmanship of Ambassador Dr. Olatokunbo Awolowo Dosumu has launched Digital Education for Innovation and Economic Development (DEFINED) for both primary and secondary schools across the South-west states. In her welcome address at the official launching of the innovation, held at the Ikeja AirportRead More
Odu’a Investment Foundation, a non-profit-making arm of Odu’a Investment Company Limited is set to launch its educational intervention project, ’Digital Education for Innovation and Economic Development (DEFINED), an initiative aimed at upskilling South West youths and preparing them for digital revolution. The launch of ‘DEFINED’ is scheduled to take place on Tuesday, October 24, 2023,Read More
In furtherance of its commitment to promote and drive sustainable Culture Change, Oduá Investment Company Limited organized a Change Management retreat titled “Oduá Culture Transformation Awareness’ for all cadre of staff from top Management down to the junior staff. The objectives of the retreat which was facilitated by Excel Professional Services were to re-energize theRead More
Odu’a Investment Company Limited Group Managing Director/ CEO, Mr Adewale Raji on Friday, October 6, 2023, received the Management team of the Broadcasting Corporation of Oyo State (BCOS), led by its Chairperson, Chief (Mrs) Dotun Laitan. The BCOS team was on a courtesy visit to the Group Headquarters of OICL. The team was received byRead More
Staff of Odu’a Investment Company Limited has been charged to be more committed, and dedicated and be ready for collaboration in the discharge of their duties The Group Managing Director/CEO of Odu’a Investment Company Limited, Mr Adewale Raji gave this charge at the 2023 OICL staff forum held on Tuesday, September 26, 2023, at theRead More
The Group Managing Director/CEO of Wema Bank, Mr Moruf Oseni, accompanied by other members of his Management team on Wednesday, August 23, 2023, paid a business visit to the Group Headquarters of Odu’a Investment Co. Ltd., Cocoa House, Ibadan. The Wema Bank team was received by the Group Managing Director/CEO, of Odu’a Investment Company, MrRead More
As part of the ongoing strategic plan to ensure continuous growth and sustainability, Odu’a Investment Company Limited (OICL) has supported one of her subsidiary companies, GLANVILL ENTHOVEN INSURANCE BROKERS & PENSION with a strategy retreat for better performance, how the company can launch into other sectors that contribute majorly to the GDP and also expandRead More
This is to notify the general public that the deadline date for the application of roles for PROJECT OFFICER and PROJECT ASSISTANTS has been extended to the 26th of September, 2023 as published in the Nigerian Tribune of September 18, 2023. Shortlisting and interviewing of candidates comes up within two weeks after the advert hasRead More
This is to notify the general public of an advert inside the Nigerian Tribune of today, September 11, 2023, on Page 5. The advert is seeking for dynamic and dedicated PROJECT OFFICER and PROJECT ASSISTANTS. Shortlisting and interviewing of candidates comes up within two weeks after the advert has been closed. Kindly share with interestedRead More
Shareholding states of Odu’a Investment Company Limited (OICL) at its 41st Annual General Meeting held recently in Lagos, approved the recommended gross dividend of N428 million, a 2.2 percent increase over the N418 million paid for the 2021 financial year. Despite all odds, the 2022 dividend made it a sum of N2.56 billion consistent dividendRead More
Odu’a Investment Company Limited has approved the payment of a N428 million dividend to its shareholders, a 2.2 percent increase compared to the N418.4 million paid in the 2021 financial year. The assets of the company also grew by 3.6 percent from N110.56 billion in 2021, to N114.51 billion in 2022.” The dividend declaration wasRead More
Stakeholders including South West Governors and Leader of ‘Afenifere’, the Yoruba socio-cultural group, Pa Ayo Adebanjo on Thursday 27th July, 2023 applauded the Management of Odu’a Investment Company for sustaining Awolowo’s Legacy with the Establishment of Odu’a Investment Foundation. Odu’a Investment Foundation(OIF) was incorporated at the Corporate Affairs Commission(CAC) in 2021 to serve as anRead More
The Chairman, Odu’a Group, Bimbo Ashiru, said on Tuesday that plans were underway to partner the governments of the six South-West states on power generation and distribution to improve power generation and distribution in the region. Ashiru also said the group would soon begin oil exploration and production as part of efforts to boost theRead More
The Group Chairman of Oduá Investment Company Limited, Otunba Bimbo Ashiru was the Guest speaker at the June Members’ Evening/ Business Cocktail of the Nigerian- British Chamber of Commerce held on Thursday, June 22, 2023, at the British Deputy High Commission residence in Lagos. Playing Host at the cocktail was Mr Ben Llewellyn Jones, the British DeputyRead More
In its repositioning drive to be a world-class company, Odu’a Investment Company Limited (OICL) has moved a step further to remodel the 21st floor of Cocoa House into a world-class office aimed at fostering a positive and productive work environment for its staff. The floor underwent a significant redesign and renovation process that gave roomRead More
Vice President Prof Yemi Osinbajo, on Thursday, February 9, 2023, commissioned Phase 1 of the 67 residential units of Westlink Iconic Villa in Ibadan. Westlink Iconic Estate is a joint venture project between ODU’A Investment Company Limited and Chapter 4 Estates Ltd. The Estate has located opposite Nigerian Breweries, Alakia, Ibadan, Oyo State. Speaking, ProfRead More
Group Chairman of Odu’a Investment Company Limited, Otunba Bimbo Ashiru has disclosed that the vision of Odu’a Investment Company Limited is to become a world-class conglomerate, known for its passion for business with a focus on agriculture and industrialisation. Otunba Ashiru said this during a business visit of the Board of Odu’a to the ViceRead More
The Osun State University on Wednesday, September 21, 2022, conferred on Dr Lawrence Olusegun Aina, OFR, Director, Odu’a Investment Company Limited, an honorary Doctorate Degree in Business Administration (D.B.A)Honoris Causa. Our director personally received the doctoral award during the 11th Convocation ceremony of the University which took place at the Olagunsoye Oyinlola Auditorium in Osogbo,Read More
President Muhammadu Buhari, GCFR, in a handshake with Otunba Bimbo Ashiru, Group Chairman, Odu’a Investment Company Limited while Prince Dapo Abiodun, Ogun State Governor watches with interest at the 77th General Assembly of the United Nations in New York recentlyRead More
President and Chairman, African Export-Import Bank, Afreximbank, Prof Okey Oramah (left), with the Group Chairman, Oduá Investment Company Limited, Otunba Bimbo Ashiru at the African Union Development Agency-NEPAD in trade collaboration with the African Export-Import Bank Afreximbank at the UN General Assembly in New York, recently.Read More
L-R: Executive Director, Odu’a Investments, Mr Olugbolahan Mark-George, Group Chairman, Mr Bimbo Ashiru, Nigeria High Commissioner to Canada, Mr Adeyinka Asekun, his wife, Olawunmi, Director, Odu’a Investment, Dr Segun Aina and Minister Trade, Nigeria High Commission to Canada, Mr Obioha Nzewuji, during Odu’a team visit to Canada to woo Canadian investors at Nigerian House, Ottawa,Read More
Mrs Odunayo Adeniji joined the service of Oduá Investment Company Limited as Group Head of Human Resources. She is being engaged to drive the Group’s people agenda in delivering the ambitious “SRC-2025 Strategy. Mrs Odunayo is an experienced and seasoned HR practitioner, a Certified Coach, with a passion for people development, delivering Human Resource strategies,Read More
The Group Chairman of Odu’a Investment Company Limited OICL), Otunba Bimbo Ashiru on Thursday, August 11, 2022, presented to the Lagos State Governor, Mr Babajide Sanwoolu, the Lagos State Government Odu’a Investment Share Certificate. The presentation took place during a courtesy visit to the Governor by the company’s board members and management team at LagosRead More
•Says Lagos willing partner to deepen business relationship among South-West states_ •Our focus is to make Odu’a Investment a world-class company, says chairman_ Lagos State Governor, Mr. Babajide Sanwo-Olu has received the Share Certificate of Lagos State Government from the Odu’a Investment Company Limited, a company jointly owned by the six South-West states. The Share CertificateRead More
Oyo State Governor, Engr. Seyi Makinde, has, on Thursday, August 4, 2022 inaugurated the first in Africa and second in the world cassava-based sorbitol factory. The facility, named Psaltry International Company Limited, sited at Alayide village, Iseyin Local Government Area of Oyo state, has the capacity to produce 25 tons of sorbitol per day andRead More
Odu’a Group Chairman, Otunba Bimbo Ashiru on Channels TV. Spoke on Investment, the relationship between the Public and Private sectors and how the government could revamp businesses from collapse.Read More
The Chairman of Odu’a Investment Company Limited (OICL), Otunba Bimbo Ashiru, on Monday charged its subsidiary companies on the need to innovate and leverage on technology to remain competitive. Otunba Ashiru gave the charge, in Lagos, during his working visits to three of the group’s subsidiary companies: SWAgCo, WEMABOD Limited, and GLANVILL ENTHOVEN. The former two-term Commissioner for CommerceRead More
The chairman of Odu’a Investment Company Limited (OICL), Otunba Bimbo Ashiru, on Tuesday charged the management and staff of the company to work assiduously to achieve the corporate goal of turning the company into a world-class conglomerate. The chairman said achieving the dream of making OICL a global brand would require the total support ofRead More
The signing and handing over of the license of BITA Marginal Field covered by PPL 249 to Bita Exploration & Production Company Limited took place in Abuja today, Tuesday, June 28, 2022. Group Chairman of Odu’a Investment Company Limited, Otunba Bimbo Ashiru (2nd right), flanked by Mr Lucky Aiyedatiwa, Deputy Governor of Ondo State andRead More
The six Shareholders States of Odu’a Investment Company Limited have approved the appointment of the Director representing Ogun State on the Board of the Company, Otunba Bimbo Ashiru, an Investment and Strategic Management expert as the new Chairman of the Company. He succeeds Dr. Segun Aina, OFR, whose tenure as Chairman has expired. Dr. AinaRead More
(L-R Front Row) – Secretary to the State Government, Osun State, Prince Oluwole Oyebanji; Chief of Staff to Oyo State Governor, Mr Segun Ogunwusi; Chairman, Odu’a Investment Co. Ltd. Otunba Bimbo Ashiru; Ogun State Governor, Prince Dapo Abiodun; his Ondo State Counterpart, Arakunrin Rotimi Akeredolu, SAN; former Chairman of the Company, Dr Segun Aina; GroupRead More
Odu’a Investment Company Limited Independent Director, Mrs Folusho Olaniyan, OON, and the Nigerian Minister of State for Industry, Trade and Investment, Ambassador Mariam Katagum at the forum. Cross-section of participants at the Commonwealth Business Forum. 2nd and 3rd left are OICL representatives; Independent Director, Mrs Folusho Olaniyan, OON, and Ms Adesola Alli of Investment &Read More
The 40th Annual General Meeting of Odu’a Investment Company Limited (OICL)comes up on Wednesday, June 22, 2022 at the Osun Hall of the Lagos Airport Hotel, Ikeja, Lagos. OICL at the meeting will be presenting the year 2021 Audited Financial Accounts as well as proposing the declaration of dividend to it’s Shareholder States. The meetingRead More
Odu’a Investment Company Limited Board is set to reposition the entire Group to achieve the Company’s Strategic growth objectives particularly the 5years Strategic Plan code-named SRC 2025 – (Sweat, Revive and Create). To this end, a one-day Board development capacity training session with the theme “The Future-Ready Board” facilitated by the Lagos Chamber of CommerceRead More
The 45th-anniversary lecture of Odu’a Investment Company Limited (OICL) last Friday at the Lagos Airport Hotel, Ikeja, was quite a colourful event. It was a gathering of some of Nigeria’s best in royalty, politics, commerce and education. The ambience was excellent, the speeches were inspiring, the entertainment was exhilarating and the organization was impeccable. NothingRead More
The board and management of Odu’a Investment Company Limited have assured all stakeholders of the company of their determination to make the conglomerate a going concern for the benefit of the current and future generations. This is even as Afenifere leader, Chief Ayo Adebanjo, said the practice of federalism before and immediately after Nigeria’s independenceRead More
(Being text of remarks made by Ambassador Dr Olatokunbo Awolowo Dosumu at the 45th-anniversary lecture of Odua Investment Company, on Friday, in Lagos). Your Excellencies, Our Royal Fathers, Chairman and Members of the Board of Odua Investment Company, the Group Managing Director and his Team, the Distinguished Lecturer, Distinguished Guests, Ladies and Gentlemen. It is,Read More
Ogun state government in collaboration with Odu’a Investment Company Limited (OICL) has partnered with the Software Business Solutions Consulting (SBSC) to develop its economic system. The work includes the delivery of IT outsourcing services and project development services. Governor Dapo Abiodun made this known at the official launch of SBSC office at Ogun State TechHub,Read More
Dr Segun Aina, OFR, Group Chairman, Odu’a Investment Company Limited, Chairman Global Banking Education Standards Board and President, Africa Fintech Network on Thursday, October 21st, 2021 delivered a presentation on “Deconstructing Banking” Dr Aina speak to course participants mostly senior regulators, policymakers and banking executives from sub-Sahara Africa who were on 8 weeks Certificate courseRead More
Update on the Construction Work at Westlink Iconic Estate at Alakia, Ibadan.Phase 1 of about 60 Households will be ready for occupation within 2021 Calendar year.It is JV between Odu’a Investment Company Ltd & Iconic City UK Ltd which operates locally as Chapter 4 Estates Ltd.Read More
OICL on Thursday, July 29, 2021, hosted a business interactive webinar session with eminent business thought leaders focusing on emerging business opportunities within the Odu’a Group and the drive for partnership and business alliances. The session was designed to provide an update on the exciting and intensive transformation of OICL and its subsidiary to theRead More
As part of the Odu’a Investment Company Limited (OICL) board focus to engage with business thought leaders in its strategic direction and aspiration drive to sweat, revive and create value for its shareholders, the Group Chairman, Dr Segun Aina, OFR, recently led a delegation of some members of the Board of OICL on a businessRead More
Odu’a Investment Company Limited Group Chairman, Dr. Segun Aina, OFR has bagged the Most Distinguished Alumnus Award of the University of Ibadan (UI) Alumni Association Worldwide.The award is in recognition of Dr Aina’s invaluable contribution to the growth of Nigeria’s banking and financial services sector, community development, corporate leadership and human capital development in theRead More
With a population of over 40 million people, the South West Gross Domestic Product (GDP) is estimated to be worth over $80 billion. This was part of the revelations by the Odua Investments Company Limited at the inauguration of the newly appointed board of directors of South West Agricultural Company Limited (SWAgCo), a subsidiary ofRead More
Odu’a Investment Company is doubling revenue and paying dividends to shareholders after years of low growth characterized by the company not being run as a business, but more as a government parastatal and the administrative limitations that brings. The company, which would this year have existed for 45years, is owned by the south- West statesRead More
JMG Limited, the contractor handling the replacement of one of the non-functioning elevators at Cocoa House in Ibadan, deeply regrets the unfortunate incident that occurred on January 6, 2021 whilst the old elevator was being dismantled. The incident resulted in the death of one member of the JMG contracting team and injuries to three others.Read More
Mr Adewale Raji, Group Managing Director, Odu’a Investment Company Limited, in this interview with Sulaimon Olanrewaju and Justice Nwafor, speaks on the plan to enhance and build on the legacies of the company’s founding fathers for the benefit of the governments and people of the South West. Excerpts. How is Odu’a Investment doing? Thank youRead More
Revolutionalising South West Nigeria Leveraging Technology: A presentation delivered by Mr. Olugbolahan Mark- George, Group Chief Investment and Business Development Officer, Odu’a Investment Company Limited on Thursday, November 5, 2020 at the Nigeria Fintech Week 2020Read More
The Board of Odu’a Investment Company Limited as part of strengthening its corporate governance, repositioning the Company to achieve its ambitious 5-Year Strategic Plan and attain its vision ‘’To be a World Class Conglomerate’’ has approved the appointment of 2 each Independent Directors and Group Executive Directors to the Board which now has 11 members.Read More
The Ogun State Government has pledged to support Odu’a Investment Company Limited in its on-going Cassava Cultivation & Processing Project at Imeko, Imeko-Afon Local Government Area of Ogun State. This disclosure was made on Thursday, September 24, 2020 when the Hon Commissioner for Agriculture, Ogun State, Dr Adeola Odedina along with the Permanent Secretary, MinistryRead More
To chart a new course to improve performance and increase the profitability of Odu’a Investment Company Limited, the Company owned by the six South-West States has mapped out ambitious growth plans that would re-position the organization to fulfill the aspirations of the founding fathers and serve the interest of all the stakeholders now and inRead More
To enhance its performance, profitability and sustainable growth necessary to achieve the expectations of its shareholders, Odu’a Investment Company Limited is poised to explore new areas in Innovation, Creativity, Digital and Technology which are key enabling factors for business success in the Fourth Industrial Revolution. The Chairman of OICL, Dr Segun Aina on Friday, AugustRead More
The Chartered Institute of Bankers of Nigeria (CIBN) has inaugurated 14 Committees of its Governing Council to strengthen operations and drive its activities on banking Museum. Group Managing Director / Chief Executive Officer of Odu’a Investment Company Limited, Mr Adewale Raji makes the list. Mr Nelson Olagundoye, Head, Corporate Communication and External Relations, CIBN, saidRead More
The Group Managing Director/ CEO of Odu’a Investment Company Limited, Mr Adewale Raji, has reiterated the need for a conducive and safe environment for economic activities to thrive. In achieving this, Odu’a GMD said that it would continue to partner with the Oyo State police command to fortify security network in its area of businessRead More
The newly inaugurated board of Odu’a Investment Company Limited (OICL) led by the Chairman, Dr Segun Aina, OFR, is committed to reposition and restructure the Company and its subsidiaries to enhance its performance, profitability and sustainable growth necessary to achieve the expectations of its shareholders and other stakeholders. One of the objectives of the shareholdersRead More
Dr Segun Aina, Former President of the Chartered Institute of Bankers of Nigeria (CIBN) has been appointed, Chairman, Board of Directors, Odu’a Investment Limited. Dr Segun Aina, Former President of the Chartered Institute of Bankers of Nigeria (CIBN). The Head, Corporate Communication and External Relations of CIBN, Mr Nelson Olagundoye, said in a statement onRead More
The appointment and inauguration of the new board of ODU'A was announced on May 7, 2020 by the owner State Governors of Oyo, Ondo, Ogun, Osun, Ekiti and Lagos State.Read More
