First Bank

Monday, August 3, 2015

T.M Lewin Nigeria Boss, Dele Awosika Listed As Chronic Debtor

The list of individuals tagged chronic debtors to Nigerian bankers are out.


And to the ones linked to Guaranty Trust Bank is T.M Lewin Nigeria boss, Dele Awosika.


Here are the



“Pull off a coup and you're a national hero, fail and you're an evil criminal; in business it's the same difference between bankruptcy and making a fortune,” writes Jeffrey Archer, British politician and author. This perhaps explains the quandary of Dele Awosika, the brain behind T.M Lewin Nigeria
Dele Awosika’s name appears to fall into one of GTBank delinquent debtors. The loan, which was granted on 12th, April 2012 and expired on 12th, April 2014, has an outstanding amount of over N60m.

 Dele Awosika, is the chairman of Equipoise Nigeria Limited. He brought T.M Lewin franchise to the Nigerian market during his Master Degree programme in the UK.  He saw the possibility of the brand to be accepted by Nigerians, so he started organising events to introduce the brand to Nigeria. His possible viability saw a high rise in the demands and patronage from Nigerians abroad.


Subsequently, he introduced the brand in Nigeria and registered TM Lewin Nigeria Limited. He opened his first TM Lewin store at on Awolowo Road, Ikoyi, Lagos and later opened other outlets in different parts like the Silver Bird Store, two stores at E-centre Yaba, Ikeja GRA, Adeniran Ogunsanya Mall, a shop in Abuja and three shops in Ghana all fully paid for and endorsed by T.M Lewin representatives from UK.

 However, the contract was terminated in 2011 over the battle of rightful ownership of the brand in Nigeria. This fall however, accounts the huge outstanding loan Dele Awosika is yet to balance up following the closure of the T.M Lewin outlets in Nigeria




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