UK-Dion Group opens head office in Lagos to drive expansion

UK-Dion Group has opened its new head office in Lagos – Nigerian commercial centre to expand its operations and create jobs.

The new office was inaugurated by Oba Alayeluwa Saheed Ademola, His Royal Majesty, Elegushi, Kusenla III on Thursday, September 29, 2021.

UK-Dion Group started operations in 2017, investing in real estate, logistics, manufacturing, entertainment, banking, and finance businesses, through which its subsidiaries have generated employment for over 400 people.

“We have over 400 direct employees that work for us and this is not the goal. We are not stopping and we would continue to create jobs for thousands of Nigerians,” said Michael.

Diongoli, group managing director, UK-Dion Group during the launch.

“The reason why we started in the first place is to create employment for the Nigerian youth and that is the reason I gave back to Nigeria,” Diongoli said.

He noted that the goal of the organisation is to keep adding value and continue to invest in the country to create opportunities to stem brain drain.

Read also: Nigerian economy and real estate sector

He added that it took the group four years to achieve what it is today which would take other businesses 20 years to attain.

According to him, the business which started its operation as a single business now has seven subsidiaries and it’s planning to launch its commercial bank next year.

“We started as a single group which is the investment arm but today we have grown into having subsidiaries. We just continue to grow the economy and do what we have been doing so far,” he said.

“We have UK-Dion investment, a microfinance bank, real estate, bureau de change, logistics, entertainment, and factories,” he further said.

Speaking on the pandemic impact, he said UK-Dion was not negatively impacted by the virus outbreak.

He noted that while other businesses were sacking employees, UK-Dion was expanding and creating more jobs.

“During the pandemic when other businesses were sacking employees, our business was expanding because we have been taking an approach as if those tsunamis will come,” he explained.

Speaking also, Nnenna Amazu, managing director, UK-Dion Investment that it didn’t take the business to get to the point it is currently, noting that it branches in eight cities across the country within four years of operations.

“We are launching our iconic presence here which is our head office today,” she said.

“It did not take us too long to get to this point and we know that in a short space of time we would take over the asset management industry, the finance industry, and all other sectors we have subsidiaries,” she added.

She said the UK-Dion Investment Limited is an asset management company with a difference.

“Our priority is the safety of the funds of our investors. Every promise we make on our return on investments we ensure we keep it to them later.”

“Today, we have lots of products that span through the individual cadre in life. Our rates are super competitive and making our investors come back to us,” she said.

Similarly, Seyi Babatope, managing director of House of Dion – the entertainment subsidiary of the business, said that UK-Dion said: “We are an ideal factory business and we offer hardware and technical solutions to the ecosystem.”

“It is an exciting time to be part of the UK-Dion group,” he said.

Speaking on House of Dion, he said it is a business that adds value to the entertainment landscape.