2024 BSM Index
TOP 50 BRANDS NIGERIA® 2024
| #34 | TGI Group |
|---|---|
| BSM Index | 51 |
| YoY | +3 |
| CEO | Rahul Savara |
| Year Founded (in Nigeria) | 1980 |
| Website | www.clicktgi.com |
| Head Office | No 1 TGI Close Ilupeju – Industrial Estate Apapa-Oworonshoki Expressway Lagos, |
| Nationality | NG |
| Customer Base | – |
| Number of Branches | – |
| Annual Turnover | – |
| Employees | |
| Marketing Budget | – |
TGI Group: Empowering Emerging Economies through Diverse Investments
Tropical General Investments (TGI) Group is a global conglomerate with a strong presence in emerging markets across Africa, the Middle East, and Asia. With a focus on driving inclusivity and value addition, TGI Group leverages locally sourced raw materials, state-of-the-art manufacturing facilities, and a workforce of over 23,000 highly skilled professionals to produce world-class products. These products are consumed both domestically and exported to global markets, enhancing the economic landscape of the regions in which TGI operates.
TGI Group’s investments span across a range of industries, with ownership of over a hundred leading brands in Fast Moving Consumer Goods (FMCG), Agricultural Inputs, Industrial Chemicals, Homecare Products, and Pharmaceuticals. In key markets such as Nigeria, Ghana, Benin, and the UAE, TGI’s products are household names, influencing millions of consumers daily. Notable brands in Nigeria include Big Bull Parboiled Rice, Terra Seasoning Cubes, Supramult Multivitamins, Golden Terra Soya Oil, Renew Homecare Products, as well as Vinash and Dragon crop protection products.
A key strength of TGI Group lies in its diversified export base, particularly in agricultural and food products. The company is a significant exporter of raw cashew nuts, cashew kernels, sesame, cotton lint, cocoa beans, soymeal, vegetable oils and fats, shea butter, shrimp, and fish. All these products are sourced, processed, and value-added by TGI’s companies across Africa, reinforcing the Group’s commitment to local development and global trade.
In 2019, TGI Group expanded into the banking sector by founding Titan Trust Bank. This strategic move was further strengthened when Titan Trust Bank acquired a majority shareholding in Union Bank Nigeria, the country’s second-oldest bank. This acquisition has cemented TGI’s position as a key player in Nigeria’s financial sector.
TGI Group has also fostered partnerships with global organizations like USAID and GIZ, supporting various initiatives to drive sustainable development. Its prestigious certifications, including the ECOCERT organic sesame and cashew certifications, allow the company to produce and trade organic products worldwide, demonstrating TGI’s commitment to high standards and global competitiveness.
