Tantalizer Plc, a leading Quick Service Restaurant (QSR) chain, has unveiled its new business growth plan, aiming to expand its operations and increase investor returns.

The company’s Board of Directors and management made the announcement during a “Fact Behind the Acquisition” presentation at the Nigerian Exchange Limited (NGX).

As part of its growth strategy, Tantalizer plans to venture into the fishing and entertainment industries. Managing Director, Robert Speiljer explained that the company seeks to diversify its offerings beyond its existing Quick Service Restaurant  (QSR) business. “We want to expand our food business, but we also want to explore other divisions, such as fishing and entertainment,” he said.

Speiljer acknowledged that the company’s previous performance was not satisfactory, resulting in a loss.

However, he expressed optimism about the future, citing the potential for growth and improvement. “We believe that we can expand our business with new divisions, and we’re already taking steps to make that happen,” he said.

The company has established a new division and partnered with a US-based firm to bring 10 trawlers to Nigeria this year. This move is expected to boost Tantalizer’s fishing business and contribute to the country’s economic growth.

Adam Nuhu, Chairman of Tantalizer Plc, emphasized the board’s commitment to creating value for shareholders. “Our recent acquisition of a major stake in Tantalizer Plc demonstrates our confidence in the company’s long-term potential,” he said. “This strategic investment will drive growth, innovation, and sustainability, ultimately benefiting our stakeholders.”

Jude Chiemeka., Chief Executive Officer of the Nigerian Exchange Limited, commended Tantalizer Plc for utilizing the “Fact Behind the Figures” platform to provide detailed information to investors.

He noted that the company’s acquisition and growth plans have broader economic implications, reinforcing Nigeria’s evolving business landscape and strengthening the services sector’s value chain.

Tantalizer Plc is a leading Quick Service Restaurant chain listed on the Nigerian Exchange Limited (NGX) since June 2008, share price was N3.25 kobo at the close of trading on Thursday March 13, 2025.

As the only listed Quick Service Restaurant  company in the hospitality subsector, Tantalizer Plc holds a unique position in the market.