Jump to content

Tantalizers

From Wikipedia, the free encyclopedia
Tantalizers
Company typePublic
NGXTANTALIZER
IndustryRestaurant
Founded1997; 28 years ago (1997) in Festac Town, Nigeria
FounderMofoluso and Abosede Ayeni
Headquarters,
Area served
Nigeria
Key people
Mofoluso Ayeni
ProductsFast food, including Nigerian delicacies
OwnerThe Ayeni Family
Websitetantalizersnig.com

Tantalizers is a Nigerian fast food restaurant chain.[1][2] It opened its first location around 1997 in Festac Town, Lagos. This first location was initially a small neighborhood restaurant serving hamburgers. Success at this first location led to an expansion that has seen the company and its franchisees open additional locations in cities such as Lagos, Ibadan, Abuja, and Port Harcourt. As of 2015, the restaurant has 50 outlets across Nigeria.[3] Tantalizers serves Nigerian fast food staples such as meat pies, scotch eggs, chicken, jollof rice, fried rice, cakes, and hamburgers.[4][5]

Founder

[edit]

Tantalizers was founded in 1997 by Mofoluso and Abosede Ayeni, a husband-and-wife team. They played key roles in the company's early success, with Mofoluso serving as Vice Chairman and Abosede as Managing Director/CEO.[6]

Coporate Structure

[edit]

Tantalizers Plc operates with a structured corporate framework. The company is led by a Board of Directors, currently chaired by Alhaji Adam Nuru, and includes seven members with diverse backgrounds. The board comprises five non-executive directors and two executive directors. Recently, Robert Speijer was appointed as the Group Managing Director to spearhead transformation efforts, supported by Charles Olayemi Ifidon as Deputy Managing Director. The shareholding structure has evolved significantly, with Food Specialties and Organics Limited holding about 36%, the Ayeni Family retaining around 37%, and other shareholders owning approximately 27%. This setup reflects recent strategic changes aimed at revitalizing Tantalizers amidst financial challenges in Nigeria's fast-food industry.[7][6][8]

See also

[edit]

References

[edit]
  1. ^ Williams, L.; Shenley, M. (2012). Nigeria. Bradt Guides (in German). Bradt Travel Guides. p. 100. ISBN 978-1-84162-397-9. Retrieved December 27, 2017.
  2. ^ "Fast food industry…not so fast anymore". The Nation. 21 July 2014. Retrieved 23 January 2016.
  3. ^ "Tantalizers homepage". Tantalizers. Retrieved 21 August 2015.
  4. ^ "Tantalizers Opens Outlet In Surulere". Independent Nigeria. November 29, 2017. Retrieved December 27, 2017.
  5. ^ Williams, L.; Shenley, M. (2012). Nigeria. Bradt Guides (in German). Bradt Travel Guides. p. 175. ISBN 978-1-84162-397-9. Retrieved December 27, 2017.
  6. ^ a b Olujinmi, David (2024-11-14). "Tantalizers reconstitutes board, gets new majority shareholders". Businessday NG. Retrieved 2025-02-22.
  7. ^ Wole (2024-11-13). "Tantalizer Plc changes board after significant acquisition by new shareholders". StocksWatch. Retrieved 2025-02-22.
  8. ^ Okoye, Izuchukwu (2024-11-12). "Tantalizers Plc announces Messrs Food Specialties as new majority shareholder following private placement". Nairametrics. Retrieved 2025-02-22.
[edit]