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GText @16: We’ve Equipped Aspiring Entrepreneurs, Raised 60,000 Millionaires, Developed 25 Luxury Estates – Dr. 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 his 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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Personality in Focus

Ooni of Ife, Wife Welcome Twin Sons

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The Ooni of Ife, Adeyeye Ogunwusi, has announced the birth of twin princes with his wife Mariam Ajibola, to the Royal House of Oduduwa.

The monarch disclosed this in a post shared on his official Facebook page on Friday, expressing gratitude to God for the safe delivery of the children and the wellbeing of their mother.

“To God be all the glory and adoration for His wondrous works and abundant blessings once again.

The announcement has drawn congratulatory messages from admirers and members of the Yoruba royal institution celebrating the arrival of the newborn princes.

After his marriage to Naomi Silekunola ended, the Ooni married several queens within a short period in 2022.

Among the queens are Mariam Anako, Elizabeth Akinmuda, Tobiloba Phillips, Ashley Adegoke, Ronke Ademiluyi and Temitope Adesegun.

During celebrations marking his 48th birthday and seventh coronation anniversary, the monarch explained that his marriages were connected to the traditional heritage and responsibilities attached to the throne of Ile-Ife.

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Personality in Focus

Femi Otedola Reportedly Acquires £53m Mansion in London

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Nigerian entrepreneur, Femi Otedola, has reportedly acquired a mansion in London valued at £53 million, further strengthening the presence of wealthy Nigerian investors in the United Kingdom’s luxury property market.

According to a report by Bloomberg on Thursday, the property is located in St John’s Wood, one of London’s most exclusive residential districts situated close to Regent’s Park.

The report stated that the transaction was concluded late last year, citing a UK filing.

The mansion reportedly features 10 bedrooms alongside luxury facilities including a cinema, spa and cigar room. The property was previously placed on the market for £75 million in 2020, according to media reports.

Otedola is the chairman and majority shareholder of First HoldCo Plc, with business interests spanning finance, energy, shipping and insurance brokerage.

The acquisition comes amid sustained activity in London’s luxury real estate sector despite increased property taxes and adjustments to tax policies affecting foreign residents.

Prime areas such as St John’s Wood, Belgravia and Chelsea continue to attract ultra-wealthy buyers from across the world, with multimillion-pound transactions remaining common in the high-end housing market.

The latest purchase also adds to Otedola’s collection of luxury assets and reflects the continued attraction of London’s upscale neighbourhoods to affluent Nigerian businessmen and corporate executives.

In recent years, several Nigerian business figures have been associated with expensive property acquisitions in the UK capital.

In 2025, Roosevelt Ogbonna, the Chief Executive Officer of Access Bank, was also reported to have acquired a £15 million property in Hampstead, another affluent area in London popular among wealthy foreign investors.

St John’s Wood, where Otedola’s mansion is located, is widely known for its luxury detached homes, privacy and proximity to landmarks such as Regent’s Park and the Lord’s Cricket Ground.

Bloomberg

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Personality in Focus

Aare EmmanuelKing Congratulates Olofin of Ilisan Remo, Oba Sonuga, on 86th Birthday

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The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.

In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.

According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.

He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.

The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.

“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.

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