AI to drive increased productivity in Nigeria’s real estate sector – Akintayo

Stephen Akintayo, the founder of Gtext Holdings, has urged professionals in the country’s real estate sector to leverage artificial intelligence (AI) for increased productivity and analysis of customers’ need within the built environment.

According to him, the company is leveraging AI to increase productivity and analyse customers’ demand. He added that the real estate sector will be able to bridge the trust deficit in the market with stronger technology/digital adoption.

“By leveraging on AI, you can analyze what the customer wants, analyze what is working, what is not working, analyze the areas where you need to provide solutions for people,” Akintayo said during the Gtext Holdings 18th anniversary press conference held on the sideline of its Real Estate Developers and Investors Conference, in Lagos.

He disclosed that about 70 percent of GText communication and marketing materials are currently being designed by AI, which also creates opportunities for multi-tasking for employees. “I can say that we already have over 50 percent AI adoption with everybody that works in Gtext,” Akintayo said.

Speaking on the company’s growth trajectory, Akintayo said that GText Group is currently restructuring its business ecosystem to attract institutional investment in response to market realities. “It’s part of why we set up a company in a diversification phase. For the first seven years, we were more about broadcast and digital marketing.”

Read also: Gtext to heavily diversify business in next growth phase, says Founder

According to him, the group’s business story is unique, because there are a few companies that started with a N1000, 18 years ago and are still in business in 2026. “For the last ten years plus, we were more about real estate. And into the future, we are now much more diversified.”

Akintayo also disclosed that the group will diversify into trade by June with the official launch of Ginido Group, with a trading office in China. According to him, the new company will among other things focus on renewable and clean energy. “We’re now also having a new company called Ginido, which is leading our trading segment.”

Farouq Usman, deputy group chief operating officer, GText Holdings, said the group partnered with two oil and gas company to supports Nigerians as part of its CSR initiative to celebrate the company’s 18th anniversary.

“We’ve partnered with two different petrol stations, to give fuel to over 1,000 Nigerians. We’re able to give fuel in terms of PMS and also gas to over 700 families,” Usman said, adding that “This month we are having our anniversary month, and we are thanking God for the past 18 years.”

He also disclosed that GText is deepening its industry wide investment by training realtors and other stakeholders in the built environment. According to him, the company held a four-day site training with realtors, founders to sensitize them about new innovation in the sector.