RedStar Express reiterates commitment to CSR

 ITRealms

The Chairman, RedStar Express Plc, Dr. Mohammed H. Koguna, has reiterated the company’s commitment to corporate social responsibility (CSR), ITRealms reports.

He said that 11 additional scholarships were awarded to students from different schools in the Western and Eastern Regions of Nigeria under the Red Star Foundation Scheme, adding that under the poverty alleviation arm of the Foundation, various items were given to missionary hospitals – Saint Catherine Hospital; Ahmadiyya Clinic Apapa and SOS Children Village as well as Nigerian Red Cross Society, ITRealms gathered..

Koguna was speaking at the company’s 22^ndAnnual General Meeting (AGM) held in Lagos. He noted that, despite the challenging business environment, depreciation of the Naira, slides in crude oil prices resulting in reduction in government revenue, dearth of infrastructure and other macro dynamics of the economy, the company was able to not just remain in business but returned some profit.

Red Star Express  at the AGM, announced N6.7billion turnover  for the financial year ended March 31, 2015 and a profit after tax of N611million representing one percent increase in profit over 603.9 million profit for last year.

In keeping with the company’s commitment in the creation of wealth for shareholders and in appreciation of their support at all times, the company has declared dividend of 35 kobo per 50 kobo share, amounting to N206.3 million, a gesture commended by shareholders.

ITRealms reports.

Cyriacus Nnaji/GEE

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RedStar Express partners DealDey to enhance eCommerce in Nigeria

ITRealms:

In effort to enhance the eCommerce industry in Nigeria, RedStar Express Plc, has partnered DealDey to take the online shopping business to greater height, reports ITRealms.

RedStar Express is a leading logistics solutions provider, while DealDey is reputed for its online stores, which has been described as fastest growing industry in Nigeria.

DealDey through this appointment of Red Star Express to handle its logistics, by providing their customers with the option of picking-up their DealDey orders at over 20 Red Star Express locations nationwide. 

The Managing Director, RedStar Express, Mr. Sule Bichi noted that, the world is a global village, characterized by technological advancement. 

“Red Star Express strongly believes in creating new opportunities to enable Nigerians enjoy products of technological advancement as their peers from developed countries. This is aimed at building stronger future and positively contributing to the economic development of our country through job creation,” Mr. Bichi said. 

He pointed out that at Red Star Express they value customers and are set to deliver high quality services. 

“The collaboration with DealDey is another opportunity to provide our valued customers with unique Ecommerce services to positively impact their lives,” he said.

For the Managing Director, DealDey, Mr. Etop Ikpe, superb customer experience remains valuable to DealDey and they are “elated to be partner with Red Star Express. This is because Red Star is a great brand that is synonymous with quality service delivery, safety, and reliability.”

Emphasising that at DealDey they believe that, innovation and well-structured improvement strategy are key to business growth. 

“We are therefore looking forward to a value-driven partnership that will delight Nigerians across our networks,” Ikpe said

+Remmy Nweke (ITRealms) +RedStar  +Dealdey Limited
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