Juwon Lawal Razaq

Last updated
Juwon Lawal Razaq
Born
Juwon Lawal Razaq

(1979-10-22) 22 October 1979 (age 45)
NationalityNigerian
Alma mater Ambrose Alli University
Imperial College Business School
Saïd Business School
Occupation(s)Businessman, Entrepreneur
Known forAfricent Group

Juwon Lawal Razaq (born 22 October 1979) is a Nigerian businessman and entrepreneur. [1] He is a UN Eminent Peace Ambassador, [2] Global Ambassador of the Commonwealth Entrepreneurs Club, London, and a former Forbes Business Council member. [3] He is the founder and CEO of Crestal Group, formerly Africent Group of Companies Ltd. [4] [5] [6]

Contents

Early life and education

Juwon Lawal Razaq, originally from Kogi State, Nigeria, spent his formative years in Lagos. He obtained a Bachelor of Science degree in Business Administration and later pursued an MBA in Business Administration and Management at Ambrose Alli University, Ekpoma, Edo State. He is an alumnus of Saïd Business School at Oxford University. [7] [8]

Business and career

Razaq has a background in the oil and marine logistics industry. [9] In 2005, he transitioned into providing consultancy services in oil marketing and training. He then founded Stevepel Energy Resources Limited, marking his entry into the energy sector. [10] In 2009, Razaq expanded into marine logistics, founding S. T. & L. Bunkers Ltd, later rebranding it as ABD Fuels Plc. In 2010, he diversified into producing lubricants for automotive and industrial use and supplying marine fuels. [11] The evolution continued with the transformation of ABD Fuels into S8 Contractors and the establishment of AfricentOCL Global, operating in London and Nigeria in the energy and logistics sector. He also had a tenure as Senior Trader at Winson Oil Pte in Singapore at a time in his career. [12] [13] Juwon is also the CEO of Juwonoil LLC, a company based in Houston, Texas, which specializes in the trading and brokerage of marine fuels, lubricants, crude oil, base oils, and fuel blends.

Notable awards and affiliations

Related Research Articles

<span class="mw-page-title-main">Mobil</span> American petroleum brand owned by ExxonMobil

Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999.

<span class="mw-page-title-main">Kogi State</span> State of Nigeria

Kogi State is a state in the North Central region of Nigeria, bordered to the west by the states of Ekiti and Kwara, to the north by the Federal Capital Territory, to the northeast by Nasarawa State, to the northwest by Niger State, to the southwest by the Edo and Ondo states, to the southeast by the states of Anambra and Enugu, and to the east by Benue State. It is the only state in Nigeria to border ten other states. Named after the Hausa word for river (Kogi). Kogi State was formed from parts of Benue State, Niger State, and Kwara State on 27 August 1991. The state is nicknamed the "Confluence State" because the confluence of the River Niger and the River Benue occurs next to its capital, Lokoja.

<span class="mw-page-title-main">Amsoil</span> American multi-level marketing company

AMSOIL Inc. is an American corporation based in Superior, Wisconsin that primarily formulates and packages synthetic lubricants, fuel additives, and filters. Company founder Albert J. Amatuzio developed several synthetic motor oil formulations throughout the mid-to-late 1960s. He was commercially selling synthetic motor oil by 1968. In 1972, AMSOIL 10W-40 Synthetic Motor Oil became the world's first synthetic motor oil to meet American Petroleum Institute requirements, which prompted the company to adopt "The First in Synthetics" as its tagline. The company introduced several other synthetic lubricants that represented industry firsts throughout the 1970s and early 1980s. It distributes products in North America via a network of independent dealers paid commissions on sales.

<span class="mw-page-title-main">Valvoline</span> American manufacturing company

Valvoline Inc. is an American retail automotive services company. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations.

<span class="mw-page-title-main">World Kinect Corporation</span> International American-based energy services corporation

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy, commodities, and services company based in Doral, Florida. The company ranked No. 70 in the 2022 Fortune 500 list of the largest United States corporations. WKC focuses on the marketing, trading, and financing of aviation, marine, building, and ground transportation energy commodities and related services. As of 2013, WKC also operates in natural gas and power.

<span class="mw-page-title-main">Mercuria</span> Multinational commodity trading company

Mercuria Energy Group Ltd. is a Cypriot-domiciled Swiss multinational commodity trading company active in a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas, power, biodiesel, base metals and agricultural products. The company is one of the world's five largest independent energy traders and asset operators and is based in Geneva, Switzerland, with 37 additional offices worldwide. The group operates in 50 countries.

<span class="mw-page-title-main">ExxonMobil</span> American multinational oil and gas company

ExxonMobil Corporation is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the seventh-largest company by revenue in the U.S. and 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%).

<span class="mw-page-title-main">Idemitsu Kosan</span> Japanese petroleum company

Idemitsu Kosan Co., Ltd. is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, and also operates gas stations under the apollostation brand and until 2023, in its own Idemitsu and Shell brands; the Shell brand being used under the license of Shell.

Olufemi Peter Otedola is a Nigerian businessman and philanthropist. He is the former chairman of Forte Oil PLC, and is the current executive chairman of Geregu Power PLC.

<span class="mw-page-title-main">Shell plc</span> British multinational oil and gas company

Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue, and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015.

<span class="mw-page-title-main">Oilibya</span>

Ola, is the brand name used by the affiliates owned by Libya Oil Holdings and previously known as Tamoil Africa. Ola has over 3000 branches in 17 countries across Africa, including Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Nigeria, Mauritius, Réunion, Morocco, Tunisia, Ethiopia, and Sudan.

Bradley A. Keywell is an American billionaire entrepreneur. He is the founder and executive chairman of Uptake Technologies, an industrial AI software provider. He is an early investor of Tempus Labs, co-founder of Groupon, Echo Global Logistics, Mediaocean, DRIVIN, and Lightbank. He founded WNDR Museum and Chicago Ideas.

Ardova Plc is an indigenous energy group, headquartered in Lagos, Nigeria, with extended operations in Ghana. It operates majorly in the downstream sector of the Nigeria’s Oil and Gas industry, but has diversified its businesses into other sectors of the energy value chain. The downstream division specializes in the distribution of a wide range of petroleum products; Premium Motor Spirit (PMS), diesel, aviation fuel, kerosene, as well as a range of lubricants for various automobiles and machines; distributed mostly to the automobile, industrial, aviation and marine markets.

<span class="mw-page-title-main">Wale Tinubu</span> Nigerian lawyer and businessman (born 1967)

Jubril Adewale "Wale" Tinubu is a Nigerian business executive and lawyer, who is the group chief executive of Oando PLC.

<span class="mw-page-title-main">Paul Waterman</span>

Lynn Paul Waterman, usually known as Paul Waterman, is an American businessman and the chief executive officer of Elementis Plc. Waterman was Global CEO of BP Lubricants,. He joined Castrol in 1994 eventually becoming CEO of BP Lubricants Americas in 2007 and later moving to CEO of BP Global Aviation, Industrial Marine & Energy Lubricant businesses. From there he took on the role of Chief Executive of BP Australasia & Country President, BP Australia and from 2012 spent his final years in BP as CEO of BP Lubricants. Waterman has a BSc Degree in Packaging Engineering from Michigan State University and an MBA from Stern School of Business.

<span class="mw-page-title-main">Adebola Williams</span> Nigerian media entrepreneur

Adebola Williams is a Nigerian media entrepreneur, journalist, political consultant, and motivational speaker. He was the Group CEO of RED | For Africa. He passed the leadership baton to Ayodeji Razaq in 2022. He co-founded and ran Red Africa, Africa's largest portfolio of youth media brands which include Red Media Africa, Statecraft Inc., The Future Awards Africa, and YNaija.

<span class="mw-page-title-main">Ifeanyi Ossai</span> Nigerian Entrepreneur

Ifeanyi Ossai Nwabuonwu Idriss, is an Ambassador of Institute for Economics and Peace (IEP) and Founder of CribMD, a Digital health consultation platform.

Obi Ozor is a Nigerian entrepreneur, business executive, and public servant. He co-founded Kobo360, a Lagos-headquartered digital logistics platform whose investors include Goldman Sachs, the International Finance Corporation, and Y Combinator.

ADNOC Distribution is a mobility retailer, founded in 1973 and headquartered in Abu Dhabi, United Arab Emirates (UAE). Specializing in the distribution and marketing of fuel products, the company offers a variety of services and products at its service stations, including gasoline, convenience store items, car services, and property leasing and management. ADNOC Distribution's fuel station network also includes ADNOC Oasis, a chain of over 300 convenience stores, providing a variety of food, beverage, and convenience items. The company operates in the UAE, Saudi Arabia, and Egypt.

Masters Energy Oil & Gas Limited is a Nigerian petroleum products marketing company that operates within the downstream and midstream sectors of the oil and gas industry. It is a subsidiary of Masters Energy Group, a diversified conglomerate headquartered in Lagos, Nigeria. The company holds a license from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA), previously known as the Department of Petroleum Resources (DPR), to engage in the trading and distribution of petroleum products as well as other energy-related services. The current CEO/Group Managing Director (GMD) is Barrister (Mrs.) Patience Dappa.

References

  1. ↑ "Juwon Lawal: Changing the world through business entrepreneurship". themomentng.com. Retrieved 2023-12-29.
  2. ↑ "The United Nations chooses Dubai as the starting point for its Diamond Jubilee celebrations". albayan.ae. Retrieved 2023-11-15.
  3. 1 2 "Africent Group Boss, Razaq Juwon Lawal, Becomes Member of Forbes Business Council". saharaweeklyng.com. Retrieved 2023-11-15.
  4. 1 2 "Black Excellence: Success Story Of This Nigerian Entrepreneur Who Made His First Million At 23 From Selling Palm Oil And Runs Businesses Across The World". dukeintmagazine.com. Retrieved 2023-12-26.
  5. ↑ "Juwon Rasak Lawal; A Charitable Entrepreneur". theoctopusnews.com. Retrieved 2023-11-15.
  6. ↑ Sam-Duru, Prisca (10 January 2025). "Africent Group rebrands as Crestal Group". Vanguard News. Retrieved 12 January 2025.
  7. ↑ "Juwon Lawal Razaq: The Trailblazing Entrepreneur Redefining Business Landscapes". globalexcellenceonline.com. Retrieved 2023-11-15.
  8. ↑ "Young Business Elite, Juwon Lawal Razaq's Masterstroke". cityspy.com.ng. Retrieved 2023-12-29.
  9. ↑ "Lawal's doggedness". punchng.com. Retrieved 2023-11-15.
  10. ↑ "After making his 1st million at 23 while selling palm oil, he now runs big businesses in several countries". ghanaweb.com. Retrieved 2023-11-15.
  11. ↑ "Meet Amb Razaq Juwon Lawal, Entrepreneur And Founder Of Africent Group". zgr.net. Retrieved 2023-11-15.
  12. ↑ "Razaq Juwon Lawal: From Making first 1million as Palm Oil Seller to Global Entrepreneur". risingafrica.org. Retrieved 2023-11-15.
  13. ↑ "Why I Ventured into Marine, Other Businesses -Juwon Lawal". globalexcellenceonline.com. Retrieved 2023-11-15.
  14. 1 2 "Commonwealth Club Appoints Africent Group CEO, Razaq Lawal 'Global Ambassador'". justnews.ng. Retrieved 2023-11-15.
  15. ↑ "AfrocentOCL CEO, Juwon Lawal's Recipes For Entrepreneurial Success". newtelegraphng.com. Retrieved 2023-11-15.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.