Finance:Seyi Asagun

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Short description: Nigerian finance executive and entrepreneur


Seyi Asagun is a Nigerian finance executive, entrepreneur, and advocate for inclusive lending. He serves as the Chief Executive Officer (CEO) of Entourage Integrated Trust Limited, a microfinance institution operating across 29 Nigerian states. Asagun is noted for his work in driving financial inclusion, especially among micro, small, and medium enterprises (MSMEs), and advancing digital lending solutions in Nigeria.[1][2]

Early life and education

Asagun was born and raised in Kaduna State, Nigeria. He holds an Ordinary National Diploma in Mathematics and Statistics from Kaduna Polytechnic (1999), a Diploma from the Nigerian Institute of Marketing, a bachelor's degree in economics from Obafemi Awolowo University (2005), an MBA from Business School Netherlands (2018), and completed the Advanced Management Programme at Lagos Business School, Pan-Atlantic University (2025).[3]

Career

Early career

Asagun started his career at RMS Research and Marketing Services, working as a field officer and supervisor from 2000 to 2004. He subsequently joined Oceanic Bank (now Ecobank) during his NYSC, and remained there for eleven years, gaining experience in customer service, training, personal, and commercial banking.[4]

Entrepreneurship

In 2013, Asagun founded Entourage Integrated Trust Limited after a previous experience with a PET bottle manufacturing venture. Under his leadership, Entourage grew into a leading microfinance company, serving over 5,000 MSMEs nationally.[5][6] The company is recognized for:

  • Developing hybrid lending models that integrate digital technology with community-based field agents.
  • Introducing tailored loan repayment structures and championing financial counseling for responsible credit use.
  • Promoting women's financial empowerment through products like the Weekly Group Product.[7]
  • Securing foreign direct investment and forging strategic partnerships with fintechs and institutional investors.[8]

Advocacy and thought leadership

Asagun is a Fellow of the National Institute of Credit Administration and frequently participates in industry conferences and media discussions. Through his Substack newsletter, The Seyi Asagun Brief, he publishes insights on microfinance, SME resilience, and sustainable credit systems.[9] His public advocacy focuses on deepening financial literacy, supporting MSME sector resilience, and promoting financial inclusion for underserved populations.[10]

Awards and recognition

  • Named among Nigeria's Top 50 Corporate Leaders by The Guardian (2025).[11]
  • Recipient of the UN-POLAC Award for Peace and Humanitarian Service.[12]
  • Profiled in major Nigerian newspapers for contributions to microfinance and economic empowerment, including The Punch, BusinessDay, The Guardian, Vanguard, and Independent.[13]
  • Profiled in 65 Most Inspiring Business Leaders in Nigeria[14][15]
  • Obafemi Awolowo University honored him with an award for excellence[16]

Personal life

Asagun divides his time between Lagos, Nigeria, and the United States. He is married with two children and also has business interests in real estate. He is active in mentorship and community initiatives related to financial inclusion.

See also

References

  1. ↑ Content, Branded (2025-04-30). "Meet Seyi Asagun: The Man Helping Nigerian Businesses Grow Through Smarter Lending" (in en-US). https://punchng.com/meet-seyi-asagun-the-man-helping-nigerian-businesses-grow-through-smarter-lending/. 
  2. ↑ Reporter, Our (2025-05-30). "Entourage MD Asagun named among Nigeria’s top 50 corporate leaders" (in en-US). https://thenationonlineng.net/entourage-md-asagun-named-among-nigerias-top-50-corporate-leaders/. 
  3. ↑ Content, Branded (2025-04-30). "Meet Seyi Asagun: The Man Helping Nigerian Businesses Grow Through Smarter Lending" (in en-US). https://punchng.com/meet-seyi-asagun-the-man-helping-nigerian-businesses-grow-through-smarter-lending/. 
  4. ↑ Iniobong, Iwok (2025-07-14). "Our priority is financial inclusion- Seyi Asagun" (in en-US). https://businessday.ng/companies/article/our-priority-is-financial-inclusion-seyi-asagun/. 
  5. ↑ Partners, N. M. (2025-06-13). "Entourage Integrated Trust Ltd. among Nigeria’s leading microlenders" (in en-US). https://nairametrics.com/2025/06/13/entourage-integrated-trust-ltd-among-nigerias-leading-microlenders/. 
  6. ↑ Iniobong, Iwok (2025-07-14). "Our priority is financial inclusion- Seyi Asagun" (in en-US). https://businessday.ng/companies/article/our-priority-is-financial-inclusion-seyi-asagun/. 
  7. ↑ Okogba, Emmanuel (2025-05-25). "Investing in women entrepreneurs drive financial growth - Seyi Asagun, Entourage boss" (in en-GB). https://www.vanguardngr.com/2025/05/investing-in-women-entrepreneurs-drive-financial-growth-seyi-asagun-entourage-boss/. 
  8. ↑ kenneth, Athekame (2025-05-18). "‘Our goal is to deliver loan approvals in 24 hours, but need sophisticated system to track processing’" (in en-US). https://businessday.ng/interview/article/our-goal-is-to-deliver-loan-approvals-in-24-hours-but-need-sophisticated-system-to-track-processing/. 
  9. ↑ Report, Agency (2025-05-24). "Why over 100 million Nigerians are financially vulnerable – Expert" (in en-US). https://punchng.com/why-over-100-million-nigerians-are-financially-vulnerable-expert/. 
  10. ↑ BusinessDay (2025-06-11). "Why most Nigerian MSMEs don’t survive 5 years — and what to do about it" (in en-US). https://businessday.ng/opinion/article/why-most-nigerian-msmes-dont-survive-5-years-and-what-to-do-about-it/. 
  11. ↑ Reporter, Our (2025-05-30). "Entourage MD Asagun named among Nigeria’s top 50 corporate leaders" (in en-US). https://thenationonlineng.net/entourage-md-asagun-named-among-nigerias-top-50-corporate-leaders/. 
  12. ↑ Iniobong, Iwok (2025-07-14). "Our priority is financial inclusion- Seyi Asagun" (in en-US). https://businessday.ng/companies/article/our-priority-is-financial-inclusion-seyi-asagun/. 
  13. ↑ Asabor, Isaac (2025-06-04). "MSME Sector Key To Economic Growth, Says Seyi Asagun" (in en-GB). https://independent.ng/msme-sector-key-to-economic-growth-says-finance-expert-seyi-asagun/. 
  14. ↑ Babalola, Seyi (2025-10-02). "Seyi Asagun named among Nigeria’s 65 most inspiring business leaders" (in en). https://thesun.ng/seyi-asagun-named-among-nigerias-65-most-inspiring-business-leaders/. 
  15. ↑ Ogunseyin, Oluyemi (2025-10-01). "65 Inspiring and Award-Winning Business Leaders in Nigeria (3)" (in en-US). https://guardian.ng/specials/65-inspiring-and-award-winning-business-leaders-in-nigeria-3/. 
  16. ↑ Oboh (2025-10-01). "OAU honours Seyi Asagun with award of excellence for climate action, clean energy drive" (in en-GB). https://www.vanguardngr.com/2025/10/oau-honours-seyi-asagun-with-award-of-excellence-for-climate-action-clean-energy-drive/. 




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