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Juwon Lawal Razaq

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Juwon Lawal Razaq
Born
Juwon Lawal Razaq

(1979-10-22) 22 October 1979 (age 46)
Education Ambrose Alli University, Saïd Business School
Occupations Businessman and entrepreneur
Years active2005-till date
Known forFounder of Crestal Group of companies

Juwon Lawal Razaq (born 22 October 1979) is a Nigerian entrepreneur and businessman. He is the founder of Crestal Group, formerly Africent Group of Companies. [1] [2]

Contents

Early life and education

Razaq was born 22 October 1979 and originally hails from Kogi State, Nigeria. He is ethnic Yoruba. [3]

Razaq acquired a Bachelor of Science degree in Business Administration. He later went on to earn a Master of Business Administration (MBA) in Business Administration and Management from Ambrose Alli University, Ekpoma, Edo State. He is also an alumnus of Saïd Business School, University of Oxford. [4]

Career

Razaq began working in his father’s palm kernel oil business in Kogi State, at the age of 14. After the death of his father in 1999, he assumed management of the family business. [5] [4]

He officially started his career in 2005, when he founded Stevepel Energy Resources Limited. In 2009, he started S. T. & L. Bunkers, a marine logistics company that later rebranded as ABD Fuels Plc. [6] The company engaged in the production of automotive and industrial lubricants and the supply of marine fuels. [7]

In 2017, he founded Africent Group of Companies. [8] Later, in January 2025, Africent Group rebranded to Crestal Group. The group has branches in West Africa, the United Kingdom, with its headquarters in the United Arab Emirates. [9]

Razaq is also the chief executive officer of JuwonOil LLC, a trading and brokerage company based in Houston, Texas. [10] [11]

Recognition

In 2020, he joined the International Association of World Peace Advocates (IAWPA) as a United Nations Eminent Peace Ambassador. [12]

See also

References

  1. Okogba, Emmanuel (2024-07-06). "Juwon Lawal Rasaq Is Shaping The Business World with Excellence". Vanguard News. Retrieved 2025-12-18.
  2. Razaq, Juwon Lawal. "Intrapreneurship As A Tool For Business Growth In Africa". Forbes.
  3. Ifetayo, Adeniyi. "Balancing Entrepreneurship with Lifestyle". Megastar Magazine.
  4. 1 2 Mubarik, Abu (2022-01-28). "After making his 1st million at 23 while selling palm oil, he now runs big businesses in several countries". Face2Face Africa. Retrieved 2025-12-18.
  5. "A REAL ENTREPRENEUR DOESN'T NEED MONEY TO START BUSINESS -Africent Group CEO, Juwon Lawal | Global Excellence Online". globalexcellenceonline.com. Retrieved 2025-12-18.
  6. Encomium (2016-01-09). "'Our unique selling point' – ABD Fuel boss, Juwon Lawal". Encomium. Retrieved 2025-12-19.
  7. vanguard (2019-05-12). "Our goal is to solve problems – Juwon Lawal". Vanguard News. Retrieved 2025-12-19.
  8. Telegraph, New (2023-09-22). "AfrocentOCL CEO, Juwon Lawal's Recipes For Entrepreneurial Success". New Telegraph. Retrieved 2025-12-19.
  9. Oboh (2025-01-10). "Africent Group rebrands as Crestal Group". Vanguard News. Retrieved 2025-12-18.
  10. Admin (2024-12-02). "JuWonTankers UK Ltd Rebrands to Reflect Evolving Maritime Vision" . Retrieved 2025-12-18.
  11. "JuWonOil LLC Launches in Houston, a New Chapter in U.S. Bunkering". Bunkers. 2024-09-27. Retrieved 2025-12-18.
  12. "Eminent Peace Ambassador Award – livinghumanity" . Retrieved 2025-12-22.
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