By The Merit Newspaper Correspondent
Ibadan, Oyo State -October 28, 2026
Oyo State Governor, Seyi Makinde, the Olubadan of Ibadanland, Oba Rashidi Ladoja, and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, on Wednesday attended the commissioning of CapitalSage Holdings’ global headquarters, CapitalSage House, in Ibadan.
The ceremony, held as part of activities marking the conglomerate’s 10th anniversary, attracted traditional rulers, government officials, investors, business leaders and other prominent stakeholders.
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Speaking at the event, Makinde said Ibadan had the potential to compete with Lagos in attracting major investments, stressing that sustainable economic prosperity depended on entrepreneurship, skills development, innovation and productive enterprise.
The governor noted that natural resources alone could not guarantee economic growth, adding that businesses and governments must work together to create opportunities, strengthen local industries and generate employment.
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He reaffirmed his administration’s commitment to supporting private-sector investments through improved security, investment facilitation and policies designed to create a business-friendly environment in Oyo State.
Makinde described CapitalSage Holdings’ growth and establishment of its global headquarters in Ibadan as evidence of the city’s capacity to accommodate major business organisations and attract significant investments.
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In his remarks, the founder and Group Managing Director of CapitalSage Holdings, John Alamu, commended the Oyo State Government for providing an environment that had supported the company’s growth from a small enterprise into a diversified business conglomerate.
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Alamu said the group remained committed to strengthening its businesses, developing its workforce and deepening strategic partnerships as it pursued further growth. The company operates across multiple sectors, including financial services, agribusiness, manufacturing, transportation, e-commerce and healthcare.
Other prominent traditional rulers at the ceremony included the Soun of Ogbomosoland, Oba Ghandi Afolabi Olaoye, and the Deji of Akure, Oba Aladetoyinbo Ogunlade Aladelusi. The commissioning marked a significant milestone in CapitalSage Holdings’ expansion and its continued presence in Ibadan’s business landscape.
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