16/11/2025
I am Siyaka Obanimoh, the CEO of Selligate Technologies Limited.
Selligate is like “Uber” in the Nigerian e-commerce industry. We have revolutionized the Nigerian e-commerce landscape by solving the critical “pay-on-delivery” challenge through a 40-city hyperlocal distribution network. We are actively solving the trust and delivery inefficiencies in the African trade with the aid of our proprietary technology.
In the last one year, our monthly revenue increased from ₦1,530,000 ($1,020) in November 2024 to ₦47,500,000 ($31,667) in October 2025. That is an incredible over 3000% growth rate in just one year (no hype and highly verifiable). It wasn’t just revenue growth; our profitability also grew. Interestingly, we achieved this growth solely through bootstrapping, validating both our business model and customer demand, without relying on external capital or debt. Thanks to our numerous loyal merchants who find us valuable, and to the energetic team members - you rock!
We are once again pulling all the levers that drove our growth and increasing our operational efficiency to move our monthly revenue to ₦150,000,000 ($100,000) in June 2026 profitably.
In the next five years, Selligate is set to go public and will be listed on the Nigerian Stock Exchange (NSE), by the special grace of God.