Red Star Express

From Wikipedia, the free encyclopedia
Red Star Express
NGXREDSTAR
HeadquartersLagos State, Nigeria.
Key people
Suleiman Barau (Chariman) [1] Babura, Badamasi Auwalu (Group Managing Director)

Red Star Express is a Nigerian logistics company which includes local and international deliveries, freight forwarding, combined warehousing and haulage services, and document management, and e-commerce order fulfillment services.[2] Red Star Express has three subsidiaries: Red Star Logistics Limited, Red Star Freight Limited and Red Star Support Services Limited.[3]

History[edit]

Red Star Express was incorporated in 1992.[4] It became a licensee for FedEx in 1994.[5] Red Star Express became a public company in July 2007 and its shares were listed on the Nigerian Stock Exchange November 14, 2007.[6]

In July 2023, the International Finance Corporation and Nigerian Exchange Group awarded Red Star Express for their efforts towards gender equality in the logistics and aviation industry.[7]

References[edit]

  1. ^ Ekugo, Ngozi (September 4, 2022). "Red Star Express is changing the face of logistics business under Babura Auwalu".
  2. ^ Nwachukwu, Iheanyi (2023-10-12). "Red Star Express: Still prioritising wealth creation for shareholders". Businessday NG. Retrieved 2024-02-07.
  3. ^ "Red Star Express Declining further". The Nation Nigeria.
  4. ^ "Listed Companies - Nigerian Exchange Limited". 2020-09-01. Retrieved 2024-02-07.
  5. ^ "Red Star Express Celebrates 30 Years, Harps on Technology - THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-02-08.
  6. ^ Ohwovoriole, Onome (2018-09-20). "A new investor may have taken up a stake in Redstar Express Plc". Nairametrics. Retrieved 2024-02-07.
  7. ^ Okeke-Korieocha, Ifeoma (2023-07-19). "Red Star takes gender equality to the skies". Businessday NG. Retrieved 2024-02-08.