Billionaire real estate mogul, Dr. Stephen Akintayo has offered to purchase Nigerian media platform, Nairaland, from it founder, Oluwaseun Osewa.
In a Twitter post shared on Tuesday, Dr. Akintayo declared his interest to acquire Nairaland and make it a unicorn company in less than ten years.
Raising up his bid from the initial N100 million, Dr. Stephen announced that he is willing to offer N1 billion naira to purchase the social platform from its original owner.
The Nigerian entrepreneur lamented that Africans are too attached to their business, and such emotional attachment hinders developmental growth.
Nairaland was founded by Oluwaseun Osewa in 2005 and has since grown to be a leading blogging forum where Nigerians at home and in diaspora come to share views on various debatable topics. The forum has most of its guests from Nigeria and is currently the 6th most visited website in the country.
Over 6.19 million topics has been created and posted on the forum from its inception, and the platform currently boasts of 2.64 million users.
Despite these significant feats achieved by the platform, Stephen Akintayo still believes that a lot more can be achieved in terms of the blogging forum’s growth.
Stephen has successfully developed multiple businesses and is known as a serial entrepreneur and Africa’s most influential investment coach.
This move is coming shortly after billionaire Tesla CEO, Elon Musk acquired Twitter on Monday, for $44 billion.
As at the time of filing this report, Nairaland owner, Oluwaseun Osewa, is yet to officially respond to the purchase bid.