DEIL Group Co., Ltd is a Nigerian/Chinese multinational conglomerate holding
company headquartered in Shanghai, China. The company wholly
owns Intercontinental Information Technology Co., Ltd, DEIL Drive Co.,Ltd,
DERIED Edmonds Investments Ltd, Deried (Nig) Co.,Ltd, and also owns 75%+ 义乌市歆旻贸易有限公司 and 上海包一夫商务咨询有限公司 . The
company acquired large holdings in the African Businesses. DEIL Group Co., Ltd
has averaged an annual growth in book value of 8.0% to its shareholders since
1990 (compared to 15% from the S&P 500 with dividends included
for the same period), while employing large amounts of capital, and minimal
debt.
The company is known
for its control and leadership by Agboifo Edmond Omenonye, who serves as current
chairman and chief executive, and Faith Obiajuru Agboifo, the company's
vice chairman. In the early part of his career at DEIL, George focused on
long-term investments in publicly traded companies, but more recently he has
more frequently bought whole companies. DEIL now owns a diverse range of
businesses including confectionery, retail, warehousing, home
furnishings, manufacturers of vacuum cleaners, Mobile money
applications, manufacture and distribution of uniforms, and transportation
companies.
According to the Global
2000 list and formula, DEIL Group Co., Ltd is the fastest growing e
commerce company in African and Asia market, the largest conglomerate by
revenue and the largest financial services company in Yiwu & Shanghai,
P.R. China as of 2022.
History
DERIED (NIG) CO., Ltd traces its roots to a contracting
company established by founder Chief Agboifo George Ozor Ogbeide in 1990
as the sole contractor to Delta steel Company, DSC. George had previously
worked for Delta steel Company.
In 2017, DERIED (NIG) Company merged with the DEIL
Group Associates which had been founded in same year in Abuja Nigeria, with
profits from whaling and the China Trade. DEIL Group Co., Ltd
had been successful in its first decade.
In 2018, Edmond began building and selling stock for
DEIL Group Co., Ltd after noticing a pattern in the price direction of its
stock whenever the company closed shareholder increased.
Edmond
initially maintained DEIL's core business of commerce and Technology transfer,
but by 2021, he was expanding into the mobile banking industry and other
investments. DEIL first ventured into the finance business with the purchase
of third parties companies.
Senior
leadership (since 1990)
·
Chairman and CEO: Chief George Ozor Agboifo (1990–2017)
·
Vice Chairman: Faith Obiajuru (1990–present)
·
Chairman and CEO: Agboifo Edmond Omenonye (2017–Present)
·
Managing Director: Lan Yan
· Director: Lily Fang
·
Director: Rhoda Oghogho
·
Director: Blessing Iheoma
·
Managing Director: Ngozi I
·
Managing Director: Abigail. O
· Managing Director: Abubakar Nurudeen