Who We Are
Coral blue limited was established in September 2014 to strategically invest and develop distribution channels that third party partners can leverage on. Over the years, the company has built a customer-centric and extensive network that our partners utilize to reach and serve their customers. The company’s strategy has been to leverage on technology, our well-trained and customer focused manpower to maximize all stakeholders value.
Currently, the company has harnessed business opportunities in franchising and agency in retail businesses and transportation respectively. Currently, we have a Franchise arrangement with the leading brand in the retail phone industry. In addition, we also have a super agency agreement with Lagos Metropolitan Area Transportation Authority (LAMATA)
Phone and Accessories Sales
In line with the business strategy, we entered into a franchise arrangement with Slot Systems Limited in 2015. The arrangement enabled us operate retail outlets under the Slot brand name in Yaba, Gbagada and Satellite Town.
Our partner, Slot Systems Limited, is the No 1 leading mobile phone retail company in Nigeria; it has been in existence for over 25 years and with more than 70 branches spread nationwide.
As an indigenous company, established in 1998, Slot doesn’t just sell electronic gadgets, but provide first-class after-sales support that is comparable to the international market standards. With the ability of her dynamic leadership in the retail sector, they have continuously provided excellent customer experience.
Over the years, they have been the first to announce and introduce new brands, and services such as, mobile phone engineering services, phone screen insurance, phone trade-In, and much more.
We currently maintain 3 outlets under this partnership with Slot Systems Limited with a total employee number of 25 direct staff members. In addition, we have over 80 indirect staff members that are representatives of the Original Equipment Manufacturers (OEM) such as: Samsung, Xiaomi, Oppo, Vivo, Nokia, Apple, Tecno, Infinix, Itel etc. Through these outlets we attend to over 4,000 customers monthly to experience the Slot System Limited brand.
E–Ticketing
As the world becomes increasingly digitized, traditional ticketing systems are becoming obsolete. Through LAMATA’s IT partner (TAP) we are in the forefront of distributing electronic ticketing to commuters. This electronic distribution commenced in 2020
In this new venture, the company obtained another franchise/agency license from Lagos Metropolitan Area Transport Authority to provide distribution services on the Lagos State public transport network. This service is carried out via the means of using a central, integrated electronic payment system for the entire public transport Network in Lagos State across all modes of travel (Bus, Rail and Ferries).
Currently, we distribute cowry cards and e-tickets on some of the Bus Rapid Transportation (BRT) routes specifically on the Oshodi – Abule Egba Route, Ikorodu – TBS Route, Oshodi – Mushin Route and Oshodi –Mile 2 Route and other routes. This we have achieved through a network of service-oriented sub agents (our own franchisees) and young and agile ticket agents. Currently, we process over 40,000 customers/transactions daily.
This environmentally friendly business space will allow the company to use its ever-increasing extensive network to serve the travel industry, cinemas, concerts and other events. In the near future, we plan to activate our electronic service ticketing into event ticketing, airline ticketing, party invitation and admission management, cinemas, conferences and exhibitions ticketing etc.
Our Vision
To be a distribution partner of choice for our vendors and resellers to reach their customers through our technology-driven and expansive distribution network.
Our Mission
To continuously work towards redefining our expansive distribution network and processes with well trained staff members and technological innovations thereby adding value to all our partners through timely availability of goods, product knowledge and excellent customer service to ensure a mutually beneficial working relationship.
Our Core Values
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Our Core Values 〰️
Customer-First Approach
We Recognize our role as an extension of vendors business and hence we will adopt a customer first approach in by proactively respond to customer needs in a friendly and timely manner.
Teamwork
We encourage and advocate one team approach with both our internal and external stakeholders such as our vendor partners to achieve a common goal.
People Knowledge and Ideas
We encourage new ideas and thought that can create a difference to serve our partners and help us to keep redefining our goals towards building a strong brand.
Integrity
We worship honesty and practice fairness to maintain the spirit of integrity in every action and word.
People-Oriented Environment
We believe that people are the true asset thus we empower and create a challenging environment for all to bring out the best of their skills which enhance them to take individual responsibility for performance and focus on meeting the commitment.
Passion
Passion Led Us Here
We are passionate about what we do and would always strive to give our stakeholders the best quality.
Growth Plans
To continue to grow our core business services by partnering with reliable vendors to reach and distribute their goods and services.
To continue to harness business opportunities which come from franchising, information and communication technology, transportation, importation, procurement and contract financing.
In the near future, we plan to activate our electronic service ticketing into event ticketing, airline ticketing, party invitation and admission management, cinemas, conferences and exhibitions ticketing etc.
To continue to expand our capability to serve other neighboring markets with full range of services. This will be achieved by an increase in number of our retail outlets, expansion of our distribution network into the whole of Nigeria and sub-Saharan Africa.
Generate employment for youths and other socially responsible endeavors.
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Managing Director
Kunle Odukoya is a graduate of applied geophysics from Obafemi Awolowo University and Lagos business school. He is also a member of ICAN with over 13years in the financial service industry. He brings his wealth of experience in accounting, operations, marketing and business management into the operation of the company..
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Executive Director
Engr. Abiodun Oriyomi is a graduate of electrical engineering from Ladoke Akintola University of technology and Lagos business school. He is a registered member of COREN with over fifteen years’ experience in the manufacturing industry. His wealth of experience in sales and marketing, strategic and business management among others have been of advantage to the company.
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Executive Director
Olufemi Obe is a graduate of accounting from university of Lagos and an MBA from Lagos business school. He is also a chartered accountant with over 10years in the transportation industry. He brings his wealth of experience in accounting, statistics, IT and business management into the operations of the company.
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General Manager
Biodun Bakare has over 10years experience in the retail industry (sales, inventory management, operations and audit). He is a graduate of entrepreneurial studies from Osun State University.
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Human Capital Manager
Joy Azubuike is a graduate of Ahmadu Bello University in Business and also a Diploma in Banking. She has over 7 years of experience in customer service, sales and human capital management.
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Accountant (E-Ticketing)
Qasim Kilasho has over 5years experience in on-field and retail operations accounting. He is a graduate of accounting from National Open University of Nigeria and a student member of Institute of Chartered Accountants of Nigeria. He is very passionate about the ticketing operations.