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GText @16: How We Transformed N1000 into Multi $Million Enterprise – Dr. Stephen Akintayo

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By Eric Elezuo

From the humblest of beginnings in 2008, GText Holdings Limited has grown in leaps and bounds, gathering accolades, encomiums, and growth and development as 16 years roll by.

This was the submission of the Group Chairman, Dr. Stephen Akintayo, while addressing the media, as he reeled out the text of success stories that trailed the organisation in 16 years since 2008, expanding to accommodate GText and Associates, GText Land, GText Homes, GText Suites, Gvest and Stephen Akintayo Foundation. All these subsidiaries have since grown independently, carving a niche for themselves in global competition, and maintaining a market lead in their various areas of endeavours.

“It’s humbling however, to note that I started my business with one thousand naira, and for us to be in the four continents of the world, I had to keep proving myself,” he said.

Established on May 21, 2008, in a hostel room of about 12 by 15 feet, the Gtext brands have over the years seen the good, the bad and the ugly, but has stayed focused to the dream, and today, is a force to reckon with in the global business world.

A soft spoken go-getter, the story of Stephen Akintayo and to a large extent, Gtext, is a practically example of the proverbial leap from grass to grace, and tells a narrative filled with determination, resilience and focus. His life trajectory culminates in why everyone is a candidate of success, irrespective of the background.

He told journalists in hia Ikoyi office, and via his social media handles, how he doggedly built his empire via strategic marketing advantages, and rising to the status of king of real estate, as well as how a team of hardnut-to-crack management team, has sustained the growth to its present magnanimous level.

“Exactly 16 years ago, we registered Gtext and Stephen Akintayo Foundation, the name then was Gileadbalm.

“This company started in my Campus 12by 15feet hostel room turn office and accomodation. My first Full time Employee is a guy name Busayo who had 3month compulsory internship and didn’t want to leave Ago-Iwoye and ask to work for Me. He will resume in that 12 by 15 feet room office and run errands. The scripture that says; “Though thy beginning was small, Yet thy latter end should greatly increase.” ‭‭Job‬ ‭8‬:‭7‬ ‭KJV‬‬

“We started very small with many businesses that failed even before I registered the company but one business became our identity, Bulk SMS. Started this with 1000 naira (10USD that’s time estate rate) our projection will see us control real estate asset worth over 2billion dollars in the next 5years, particularly our international operations. Only God could have gotten us this far in life and business.

“Many don’t know that our foundation was bigger in name and brand than the for-profit business. Infinity Foundation which later change to Stephen Akintayo Foundation started with Campus students wanted to help the poor particularly orphans and widows. I was poor myself, yet wanting to make others rich.

“As sorrowful, yet alway rejoicing; as poor, yet making many rich; as having nothing, and yet possessing all things.” ‭‭2 Corinthians‬ ‭6‬:‭10‬ ‭KJV‬‬. I was a student for Christ sake yet we will raise Millions of Naira to do project with orphanages . Will use my school fees and accomodation rent money just because I wanted to see changes. After I got tired and frustrated by people who pledge towards our project and disappoint , I decided to make the business arm more central and what I make from my business, I can then put into charity which is what we now do today.

“In All! God has been good to us as a company! We have moved from one estate to over 30 cut across 7 states in Nigeria and also in USA. We have moved from one employee to over 300 in 4 continents namely Africa, UK, Dubai for Middle East, USA for The Americas. Thank you to all who keep faith with us. We are grateful,” the seasoned entrepreneur said.

Acknowledging that he was pushed to work hardest because of the need to be financially free, he noted that he embraced entrepreneurship very eary in life.

“At the age of 17/18, I read the books that changed my life. I read Rich Dad, Poor Dad, Think and Grow Rich and others. The books woke me up to know that it is not degrees that is going to make me rich. It made me know that degree is just about going to school and being enlightened. If I want to be rich, I needed to do a trade. Having gone through that book at the age of 18, I started my first business as a very shy person, and my first business was multilevel marketing of food supplement by GNLD. It was difficult to market a drug, as I couldn’t look a potential customer in the face, but the book I read said if I could do this, I would become rich. So I had to.

“I started business by selling e-books from day one in the university. I was just sold to doing business; hawked electronics and all stuffs. I failed many times doing business but I kept at it because I had no choice, and because we were not rich and money was always an issue, so I just had to keep at it and that was it for me,” he informed.

Over the years, Akintayo and Gtext has providing affordable accommodations to all strata of clients ranging from the low to the upper class.

Today, Gtext land boasts of 25 luxury estates with 16 already launched and five fully developed just as nine estates are in pre-launch stages. Also, Gtext Suites have offered ownership of smart homes in prestigious areas like Sangotedo and Banana Island. The magnanimity of this project allows anyone who sells up to three property, an opportunity of an all expense trip to Jordan.

In the same vein, GText and Associates, alongside Stephen Akintayo Foundation has organised over 100 Certified Real Estate Masterclasses and enhanced realtors’ global real estate expertise. They have also initiated and executed over 50 all expense paid trips, which created opportunities for business growth as well as raising over 60,000 persons to the millionaire cadre.

Gvest, the investment of the Holdings, has succeeded in paying Return on Investment (ROI) to investors. The company has seamlessly perfected its operational base, laying a foundation that affords clients effortless utilization of the GSAVE app.

The Stephen Akintayo Foundation arm of the Holdings has been in the forefront of equipping aspiring entrepreneurs through real estate investment masterclasses as well as promoting global finance literacy via a successful family finance conference.

The company plans a gala nite for management, staff and the general public on June 1, 2024, to celebrate the landmark achievements of the past 16 years.

This is wishing Dr. Stephen Akintayo and the entire Gtext family a wonderful 16th Anniversary celebration, and many more years of market leadership.

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Four Gospel Artistes Found Dead inside Lagos Music Studio

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A gospel musician, Matthew Ogundele, and three members of his crew, have been found dead inside a music studio in the Abraham Adesanya area of Ajah, Lagos State.

The other victims were identified as Itunu Ogundele, Joseph Sanya, and a blogger, Matthew Awosanya, popularly known as JoesTv.

Reports said that the deceased were invited to minister on Tuesday, the second day of a three-day birthday praise programme organised by fellow gospel artiste, Olanireti Akinbola.

Reports quoting a police source said the artistes arrived for the programme in the evening and performed late into the night.

Owing to the late hour, they reportedly decided to stay the night in the studio, where they were later discovered dead the following morning.

“The convener organised a three-day birthday praise which began on Monday. Matthew Ogundele and his crew were billed to minister on Tuesday. The programme lasted late, so they decided to sleep over in the studio. It was the next morning that information filtered in that their lifeless bodies had been found,” the source said.

A Christian blog, Omojesu, also reported the incident in a Facebook post, stating that the victims opted to stay overnight because of the distance between the studio and their homes.

“In pursuit of a better life, a blogger known as JoesMediaTv and three musicians were reportedly invited to perform at a virtual birthday praise event at a studio around Ajah. Due to the distance, they decided to sleep over. Sadly, they were said to have passed away in their sleep,” the post read.

The matter was subsequently reported at the Ajiwe Police Station, Ajah, while colleagues and friends of the deceased have taken to social media to demand justice.

Images circulating online show traces of blood around the noses, mouths, and ears of the victims, triggering public concern and speculation over the circumstances of their deaths.

Confirming the incident, the Lagos State Police Public Relations Officer, SP Abimbola Adebisi, said the case was reported on Wednesday by the studio owner, Akintayo Akinbola, who is also the husband of the celebrant.

According to her, Akinbola told the police that he left the artistes in his studio – located within the HFP Shopping Complex – on Tuesday night after buying food for them while they prepared for a music concert.

“He stated that the artistes returned to the studio with the food while he went home. However, at about 11am on Wednesday, he returned and discovered that the studio door was locked from inside.

“He raised the alarm, and the door was forced open. Upon entry, the lifeless bodies of the four artistes were found inside the studio,” Adebisi said.

She added that detectives immediately visited the scene and documented their findings, noting that no visible signs of violence were observed on the bodies.

“The corpses were taken to the Mainland Hospital, Yaba, where a medical doctor confirmed them dead. They were later deposited at the Mainland General Hospital mortuary for autopsy and preservation,” she said.

Adebisi also disclosed that the case had been transferred to the State Criminal Investigation Department, SCID, Panti, Yaba, for comprehensive investigation to determine the exact cause of death.

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Top Society Holds Eight Day Fidau Prayer, Grand Reception for The Otunba Adekunle Ojora

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By Eric Elezuo

The intimidating personality of The Otunba Adekunle Ojora, a prince of Lagos, was brought to the fore earlier in the week, when the who’s who in the society turned up to honour his memory at the Eight Day Fidau Prayer held in his honour at the Eko Hotels and Suites, in Lagos.

The ceremony, as solemn as it was meant to be drew gather men and women of influence, whose paths have crossed with the deceased, while he was alive. The Otunba Ojora died at the age of 93.

The events of the day was separated unto two sections: the first was the Prayers proper, which were conducted at the Ballroom of Eko Hotels, while the second, a grand reception, followed immediately after.

The Prayer, which lasted within two hours, was supervised by Sheikh (Dr) Sulaiman Farouq Onikijipa, and assisted by other Sheikhs from Lagos Central Mosque.

In his sermon, Sheikh Onikijipa extolled the virtues of the deceased, thanking God for granting him a long life of imput and impact on the society.

He admonished the congregation of listeners to toe the line of humanity, which Chief Ojora followed while alive, and leave an enduring name of positivity before departing the earth, noting that everyone would be remembered for what they did in their lifetime, just as the crowd that turned out for Adekunle Ojora is a testimony of how impactful upon humanity he lived his life.

With the conclusion of the prayers, and hearty pleasantries exchanged among worshippers, most of which were high profile networking as the environment was filled with the class of men and women of means.

Immediately after the prayer, the congregation moved to the Convention Hall of the same Eko Hotels and Suites, where a generous and sumptuous reception was held, with popular stand-up comedian, Tunde Adewale aka Tee A, anchored and supervised with the king of juju music, King Sunny Ade, and also the Vintage Band thrilling the audience with soulful and evergreen music.

Among A-list invitees, who storm the venue in person, clad in either the ankara asoebi attire or white traditional wear with brown fila cap or gele to match were Africa’s richest man, Alhaji Aliko Dangote, Chief Justice of Federation, Justice Kudirat Kekere-Ekun, former Presidential Candidate and Anambra State governor, Mr. Peter Obi and Wife, former Gov of Akwa Ibom State, Mr. Udom Emmanuel, former Gov of Ekiti State, Dr. Kayode Fayemi & wife, Publisher of ThisDay Newspaper and Arise News, Mr. Nduka Obaigbena, Hajia Bola Shagaya, Mr Kola Abiola, Hon Abike Dabiri-Erewa, former Gov of Bauchi State Ahmed Adamu Mua’zu, former Governor of Ogun State, Aremo Olusegun Osoba & wife, former Commonwealth Secretary-General, Chief Emeka Anyanku & wife, Chief Francis Ogboro & wife, Mr Greg Uansaru, Mr Timi Alaibe, Mr Wale Tinubu, Alhaja Tinubu, General Ike Nwanchukwu (retd) and wife, Deputy Governor of Lagos State, Mr. Obafemi Hamzat, Pastor & Pastor (Mrs) Paul Adefarasin of House on the Rocks, the Olugbon of Orile Igbon, Oba Francis Alao & his Olori, among a host of others.

The event was hosted by the former Senate President, Dr. Bukola Saraki, who is married to the daughter of the deceased, Mrs. Toyin Saraki. Also present at the occasion was the deceased’s widow, Mrs. Ojuolape.

With good music, indepth networking and heartfelt condolences, the farewell of the nonagenarian was observed even as various local and continental dishes, with choice beverages made the rounds to the full satisfaction of the guests.

A highly principled businessman, Adekunle Ojora was born on June 13, 1932, into the distinguished Ojora Royal Family of Lagos, where he grew with a deeply-rooted tolerance for the history, culture and traditional governance of the Yoruba race and Lagos in particular. He died on January 28, 2026.

His lineage placed him among the foremost royal families in the state, a heritage he upheld with dignity throughout his long life. Over several decades, he emerged as one of the most influential figures within Lagos’ traditional institutions, commanding respect across royal, cultural and civic circles.

Ojora was a member of the Ojora and Adele royal families of Lagos and was himself the holder of the chieftaincy of the Otunba of Lagos.

The Otunba Adekunle Ojora would be remembered as a quintessential gentleman,  astute businessman, excellent in speech, dignified in conduct, and deeply respected across generations.

For as many as those who know him, Ojora has for decades, remained a familiar and revered presence in elite social and cultural spaces, where his highly sought-after counsel and calm disposition have proved relevant and needful.

He is also known for his refined lifestyle and strong family values, an embodiment of a “brand of old-school nobility that earned him admiration well beyond wealth or status. He was often described as a man of honour whose life reflected discipline, tradition, and unwavering integrity.

Otunba Adekunle Ojora is survived by his wife, Erelu Ojuolape Ojora, his children, grandchildren and great-grandchildren.

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Glo Boosts Lagos Security with N1bn Donation to LSSTF

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In a landmark gesture underscoring its enduring commitment to national development and public safety, communication giant, Globacom, has donated ₦1 billion to the Lagos State Security Trust Fund (LSSTF), to strengthen security infrastructure across Nigeria’s commercial capital. The contribution stands among the most significant private-sector interventions from the telecommunications industry to the Fund in recent years and reinforces Globacom’s position as a responsible and patriotic corporate citizen.

The donation follows Globacom’s participation in the LSSTF-organised Private Sector Breakfast Meeting with CEOs, hosted by the Executive Governor of Lagos State, Mr Babajide Sanwo-Olu, on Friday, January 30, 2026. The high-level forum emphasised deeper collaboration between government and business on security, innovation and economic resilience—an agenda Globacom has consistently supported through sustained social investment.

Expressing appreciation, the Executive Secretary/CEO of the Fund, Dr Ayo Ogunsan, described Globacom’s gesture as “a powerful demonstration of corporate citizenship and a strategic investment in the stability of Lagos State.” He noted that the LSSTF was established to bridge funding gaps in security infrastructure and therefore relies heavily on voluntary contributions from corporate bodies and well-meaning partners.

According to Dr Ogunsan, the ₦1 billion donation will significantly enhance the Fund’s capacity to address critical priorities for 2026, including multipurpose security helicopters and drones, Armoured Personnel Carriers (APCs), water cannons, digital communication equipment and Smart CCTV systems.

These assets are central to proactive policing, rapid response and intelligence-led operations across the state.

Reacting to the development, a senior executive of Globacom described the donation as an extension of the company’s long-standing belief in Nigeria’s future. “At Globacom, we see security not as a government burden alone, but as a shared responsibility. When people feel safe, enterprise grows, creativity flourishes and hope becomes practical,” the official said. “Our support for the LSSTF is about protecting the everyday dreams of millions of Lagosians.”

Globacom’s intervention is consistent with its long-standing approach to social responsibility—practical, timely and aligned with national priorities. Over the past decade, the company has supported relief efforts for flood-affected communities, assisted displaced persons, advanced youth skills through structured training programmes, and invested in education, culture and digital inclusion. These initiatives reflect a philosophy of giving that privileges institutional impact over personal acclaim.

Dr Ogunsan also urged Lagosians to support organisations that invest in the safety and development of the state. “When companies step forward to secure our environment, residents should reciprocate by patronising them. Their support directly impacts the protection of lives, property and economic activity,” he said.

By strengthening the LSSTF, Globacom is investing directly in the conditions that enable commerce to thrive—safety, confidence and stability. With this support, the Fund is poised to scale its interventions further, reinforcing Lagos State’s position as the country’s safest and most vibrant commercial hub.

As Lagos continues its journey toward global competitiveness, Globacom’s partnership with the LSSTF stands as a model of how the private sector can help secure shared prosperity.

In an industry built on signals, Globacom’s clearest signal remains trust—earned through consistency, conscience and action.

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