Nigerian tycoon Taiwo Afolabi's SAHCO wins Air Algérie deal at Lagos, Abuja airports
SAHCO, the Nigerian airport services company controlled by tycoon Taiwo Afolabi, will handle Air Algérie's new Lagos flights and its existing Abuja service.
Taiwo Afolabi
Nigerian tycoon Taiwo Afolabi will pocket N984 million from SAHCO as his aviation company approves its biggest ever dividend
Taiwo Afolabi's SAHCO has formally approved a N1.62 billion dividend payout for shareholders following the company's record-breaking 2025 financial performance and expansion plans into the UAE.
Nigerian Logistics mogul Taiwo Afolabi urges African firms to build global-scale corporations that outlast their founders
SIFAX chairman Taiwo Afolabi told the Africa CEO Forum in Kigali that the continent must build large corporations strong enough to outlast their founders.
Taiwo Afolabi appoints son LAX as executive director of SIFAX Logistics on the singer's 33rd birthday
Nigerian singer LAX has been appointed executive director of SIFAX Logistics, joining his father Taiwo Afolabi's group on his 33rd birthday.
SAHCO profit surges 142% to N11.73 billion in 2025 as chairman Taiwo Afolabi's 60.72% stake hits $84 million
SAHCO posted N11.73 billion profit after tax in 2025, up 142%, as revenue rose 54% to N44.46 billion. Chairman Taiwo Afolabi's controlling stake is now worth N117.68 billion.
Taiwo Afolabi unites SIFAX and Nigerian Navy to secure trade
Nigerian shipping magnate Taiwo Afolabi is partnering SIFAX Group with the Nigerian Navy to secure the country's critical maritime corridors and blue economy.
Nigerian tycoon Taiwo Afolabi expands digital education drive with AI training for Lagos students
Taiwo Afolabi has strengthened his digital education push, training 90 Lagos students in artificial intelligence and practical technology skills.
SIFAX Chairman Taiwo Afolabi drives ports and cargo turnaround after strategic reset
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
SIFAX Group Chairman Taiwo Afolabi Expands Rural Healthcare Access Through Free Insurance Scheme
SIFAX Group chairman Taiwo Afolabi has expanded healthcare access in rural Ogun through a free insurance program targeting elderly and vulnerable residents.
Nigerian tycoon Taiwo Afolabi eyes offshore vessel expansion after Indimi’s $315 million bet
Nigerian logistics tycoon Taiwo Afolabi plans new offshore vessels to expand SIFAX Marine’s oil and gas operations.
Nigerian logistics tycoon Taiwo Afolabi maps SIFAX expansion across West Africa
Nigerian logistics tycoon Taiwo Afolabi outlines SIFAX Group’s 2026 strategy, focusing on technology, execution and expansion across West Africa.
Nigerian logistics mogul Taiwo Afolabi opens new projects to boost community life
Taiwo Afolabi commissions ICT hub, market stalls, and a recreational park in Ogun State to uplift local communities.
Nigerian logistics mogul Taiwo Afolabi’s fortune rises as SAHCO stake nears $50 million
Nigerian mogul Taiwo Afolabi’s SAHCO holding climbs to $48 million, backed by soaring revenue, profit, and investor confidence.
Nigerian logistics tycoon Taiwo Afolabi’s SIFAX Group boosts Lagos port efficiency
SIFAX Group partners with Micura Services and expands trade links to the UK, India, and China to improve Lagos port operations and ease exports.
Logistics tycoon Taiwo Afolabi launches direct UK export service to help Nigerian small businesses
SIFAX, led by Taiwo Afolabi, unveils a direct Nigeria–UK export service to cut shipping costs and delays for Nigerian SMEs.
