Alafa Kariboye- gbo, founder, Oil Money Group, is the Rivers State-born entrepreneur, who has built an empire of multifaceted business chains in the United Kingdom. He is a successful investor in real estate, oil and gas, entertainment and car dealership, event promoter and philanthropist.
He has grown his business across the business segments to become a business tycoon, creating wealth across the different businesses. He was counted No. 3 among the richest Nigerians in 2021 and he has made it to the Wikipedia’s Nigerian billionaires’ listings for 2020 and 2021.
He has emerged one of Africa’s most exquisite personalities, an international business magnate with vast connection that cuts across several boundaries. He is the owner of Oil Money Records, a record label that deals with signing and raising young talents.
He founded the British record label in 2020 and officially started his record label in 2021 with the objective of promoting artists. The outfit ranks as a trusted recording media company duly registered in the United Kingdom with the name “Oil Money Records”.
Kariboye-Igbo is a graduate of the London University and operates his network of businesses from his base in the United Kingdom.
In his foray into the entertainment industry, Kariboye-Igbo now wears the crown of an expert. He has helped to boost the prospects of Nigeria’s music industry through discovering upcoming artists and bringing them to the limelight. He is reputed for his wide expertise in the creative sector that has taken the Nigerian brand to the forefront of the global scene.
He has a lofty goal defined in the entertainment industry and he is set on fulfilling it. “Our desired goal is to operate with a high standard of excellence in business organisations and effectively manage music licensing and copyright processes, song promotion, royalty collection and key partnerships around the world,” said Kariboye-Igbo.
His aim is to make Oil Money Records bigger and influential while producing stars in the industry in an ambitious mission to take over the global music industry and direct it.
His company’s label manages the development of songs, production of music, manufacturing of merchandise, creative marketing and distribution of the products they create.
“Our desired goal is to operate with a high standard of excellence in business organization and effectively manage music licensing and copyright processes, song promotion, royalty collection, and key partnerships around the world”, he said.
Kariboye-Igbo has been greatly influenced by renowned and successful businessmen and achievers across the world who have made it big in their respective endeavours. He has come through the thick and thin to become one of the top names of Nigerians in the Diaspora. He has successfully attained great heights as a top business icon and accomplished major goals through hard work and perseverance.
From a very humble beginning, he has been able to develop himself to become a result-oriented entrepreneur with a clear mind-set focused on actualizing goals. It has been his childhood dream to stand out as a successful business owner, which he believes has been divinely orchestrated by God.
“You can’t believe that I always had this passion of owning my own business since I was very young, I did pray to God that He should grant my heart’s desires. And with this mind-set, I worked very hard to see myself through the thick and thin of this world to be what I am today. I thank God for helping me achieve my heart’s desires. It‘s God’s doing, not my power,” Kariboye-Igbo stated.
He also undertakes robust philanthropic activities under the umbrella of Oil Money Foundation, which began in 2020 for impacting lives in society. Speaking on the his philanthropic gesture, he said “I am aware that people face difficult choices and obstacles along the way, so I try to lend a hand and assist them to scale those hurdles of life and give impetus to their dreams.
His focus as a philanthropist is to provide empowerment for young people on anything that can give them leverages in life. “I believe that any assistance I render to any person improves the lot of humanity in general,” he said.
Despite the thick and thin of personal struggles and hard work that have paid off, Kariboye-Igbo recognises the invisible hand of God for having survived where others failed.