Who We Are
Founded in 1987, COOPLAG Cooperative Investment and Thrift Society Ltd was established to serve the financial and welfare needs of employees within the Shell Companies in Nigeria.
3,000+ Active Members Nationwide 
ABOUT US
Three Decades of Trust, Growth, and Financial Empowerment
Over the years, the Society has undergone a strategic transformation, evolving from a traditional thrift system into a diversified financial and investment institution with expanding capabilities.
A defining milestone was achieved in 2025 with the inclusion of employees from Renaissance Africa Energy Company, marking a new phase of growth, inclusivity, and institutional repositioning.
This transition gave rise to the COOPLAG identity reflecting a broader vision, expanded reach, and stronger ambition.
Years of Institutional Excellence
Who We Are
A Modern Cooperative,
A Strategic Investment Platform
COOPLAG is a forward looking, member driven institution with a growing network of over 3,000 members across Nigeria.
With operational presence in Lagos, Warri, and Port Harcourt, the Society has evolved into a multi-sector financial ecosystem spanning:
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Structured savings and credit solutions
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Real estate development and asset-backed investments
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Global investment opportunities
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Lifestyle and digital financial services
Beyond traditional cooperative functions, COOPLAG serves as a gateway to structured investment opportunities, enabling members and partners to participate in high-value projects and long-term wealth creation.
View all ServicesCOOPLAG provides personal, target, and flexi-loans to members, enabling them to meet financial obligations, invest in assets, and manage cash flow effectively.
Our Foundation
Vision, Mission &
Governance
Our Vision
To be Africa's leading cooperative society in wealth creation and sustainable development.
Our Mission
To empower members through innovative financial solutions, investments, and value-driven partnerships.
Governance
Governed by a 7-member Management Committee serving two-year terms and elected by our general membership.
Our Core Values
Integrity
Service
Collaboration
Innovation
Impact
Integrity
Service
Collaboration
Innovation
Impact
Our Evolution
A Journey of Trust
and Transformation.
1987 – 2008: Shell Staff Multipurpose Era
COOPLAG Cooperative Investment and Thrift Society Ltd is a duly registered entity under the Nigerian Co-operative Societies Act 98 of 1993 and is supervised by the Federal Department of Cooperatives.
The Society began operations in Lagos in 1987, under the laws of the Lagos State Department of Cooperatives within the State Ministry of Agriculture. It was midwifed by the then Human Resources Department and Workers — Unions of Shell Companies in Nigeria.
In 1990, the Society was formally registered as Shell (Lagos Island) Staff Cooperative Thrift and Credit Society Limited. It was later renamed The Shell Staff Multipurpose Cooperative Society, a name it retained until 2008.
2008 – 2025: Transitioning to Federal Cooperative Era
Following its transition to operate under the Federal Department of Cooperatives in 2008, the Society adopted a new name — The Shell Staff Cooperative Investment and Thrift Society Limited — to reflect its expanded scope of operations.
This transition allowed the cooperative to broaden its financial mandate and better serve members across different regions in Nigeria under federal supervision.
2025 - Present: The Post-Divestment Era
In 2025, as part of its strategic growth and in response to the post divestment transition, the Society extended membership to employees of Renaissance Africa Energy Company.
To reflect this broader mandate, It was renamed COOPLAG Cooperative Investment and Thrift Society Ltd, with its headquarters in Lagos and branch offices in Warri and Port Harcourt. Today, COOPLAG serves a growing membership base of over 3,000 individuals, offering services primarily in savings, loans, and investments.
Governance & Vision
The Society is governed by a 7-member Management Committee, which serves as its Board and is chaired by the President. Members of the Committee are elected by the general membership and serve an initial term of two years, with eligibility for re-election for an additional two-year term.
The COOPLAG Cooperative Investment and Thrift Society Limited was founded to empower members through strategic savings, financial growth, and wealth-building opportunities. Over the years, it has evolved into a leading cooperative institution in Nigeria, driving large-scale investments in real estate, finance, and member welfare. From humble beginnings, COOPLAG has become a trusted name synonymous with integrity, innovation, and impact — championing cooperative excellence through visionary leadership and solid governance.
We are driven to be Africa's leading cooperative society in wealth creation and sustainable development, and to empower members through innovative financial solutions, investments, and value driven partnerships.
team member
The Visionaries Driving
Our Success
View
All
Francis Adeoye
President / Chairman
Levious Ngerebara
Vice President / Vice Chairman
Opeyemi Adepoju
Financial Secretary
Yinka Omidosu
General Manager
Contact us
let's work together
Whether you're looking to join as a member, invest in a project, or learn more about our financial products, our team is ready to guide you every step of the way.
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Call For Inquiry
+234 (0) 805 502 6154
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Send Us Email
contactus@cooplag.com.ng
Get in Touch With COOPLAG
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