Renewing Focus on Financial Inclusion and Economic Empowerment. ~ Engr. Tayo Ogunleye

Michael Adesina

Bethsaida Africa Development PLC, a prominent name in Nigeria’s investment banking and financial services space founded by Engr. Tayo Ogunleye, has announced plans to relaunch operations in January 2026, pending the conclusion of all regulatory compliance processes with the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).

Originally established in 2016, the company rose to prominence with a bold vision—to democratize access to financial services and become a vehicle for economic empowerment across Africa. Its mission resonated strongly within underserved communities, as it provided crucial access to credit, investment opportunities, and banking solutions for individuals and businesses historically excluded from mainstream financial systems.

Bethsaida Africa Development PLC is well remembered for its deep-rooted passion for social impact. With a business philosophy grounded in financial inclusion, the company focused heavily on lifting individuals out of poverty by giving them access to loans and financial tools to improve their lives. These services enabled thousands of Nigerians to launch small businesses, stabilize their finances, and move toward long-term sustainability.

The company’s leadership has maintained that finance should serve as a tool for liberation, not limitation—a belief that has shaped the culture and strategy of the institution since inception. This ideology was championed by Engr. Tayo Ogunleye, the Group Chief Executive, who brought both strategic foresight and compassion to the organization’s early success.

Bethsaida Africa Development PLC also gained significant recognition within Nigeria’s business community. It is a registered member of the Lagos Chamber of Commerce and Industry (LCCI) and maintains an affiliation with the Nigeria Employers’ Consultative Association (NECA), aligning it with influential voices shaping Nigeria’s economic landscape.

Now, nearly a decade after its founding, Bethsaida is poised for a powerful return. Plans are already underway to restart the organization in January 2026, with a renewed strategy focused on innovation, regulatory compliance, and broader outreach. Company insiders have confirmed that all necessary steps are being taken to meet the full requirements of SEC and CBN, which will allow the firm to operate with enhanced structure, credibility, and oversight.

Stakeholders close to the development suggest the upcoming relaunch will see the company expand its offerings beyond its original scope, with modernized tools to deliver digital financial services while maintaining its core mission of community-focused banking. Early indications suggest a stronger focus on investment banking, wealth creation, and inclusive lending, particularly in rural and informal economies.

This anticipated return could not come at a more crucial time for Nigeria, as the nation continues its recovery from macroeconomic challenges and looks to small businesses and entrepreneurial ventures as engines of sustainable growth.

The announcement of Bethsaida’s planned comeback has already begun to generate buzz among former clients, partners, and financial analysts, who view the move as a timely boost to the country’s investment climate. While specific product rollouts and strategic partnerships have yet to be disclosed, there is a strong sense of confidence that the organization will enter the market re-energized and ready to fulfill the promise that defined its early years.

Bethsaida Africa Development PLC’s expected relaunch in January 2026 is more than just a return to operations—it is a reaffirmation of its commitment to using finance as a force for good. With a clear vision, experienced leadership, and regulatory backing in the works, the company is well-positioned to make a lasting impact once again.