Company profile

Nigeria’s first internationally-certified auction house.

Our Mission

To provide fair, efficient, and transparent auction processes for the disposal of assets with the use of our various Online Platforms.

Our Vision

To be the leading asset disposal company in Nigeria, connecting both buyers and sellers, with the click of a button.

What drives us

Core Values

Efficiency

Our structured auction online platform functionalities ensure maximum performance and productivity with minimal effort.

Parity

We create a level playing field for all participants, eliminating preferential treatment by promoting robust ethical values and fair competition through upholding professional standards in the auction industry.

Transparency

Our processes are open to all with asset details, real-time notifications of ongoing auctions and online reports of past sales.

Why RiHaGo

The RiHaGo Advantage

International affiliation

Our Chief Auctioneer, Mr Seye Morgan, being a member of the National Auctioneers Association (USA & Canada), gives RiHaGo access to fellow global member auctioneers / companies.

Broad experience

RiHaGo has a broad range of experience in all categories of asset disposal, having worked with the Federal Government of Nigeria MDAs, FMCG companies, multinationals, financial institutions, telecommunications, and other sectors.

Our platform
  • Cataloguing App
    Asset imagery and information.
  • Admin Website
    Sales management.
  • Online Auction Website
    Online registration, online asset viewing, online bidding, buyers collection.
  • Online Payment Website
    Visa, Mastercard and Remita.
  • Sellers Portal Website
    Asset information, monitoring bid activity in real-time and viewing past auction online reports.
End to end

How a sale works

  1. 01 Identification

    It starts with you. Assets earmarked for disposal — vehicles, equipment, real estate, or otherwise — are identified and flagged for the process to begin.

  2. 02 Approval

    Before anything moves, disposal is formally signed off by the appropriate authority within your organisation, keeping every step accountable from day one.

  3. 03 Verification

    Our team physically verifies each asset against your records, confirming existence, quantity and condition, so nothing is listed on assumption.

  4. 04 Reserve pricing advisory

    Drawing on market trends, comparable sales, asset conditions and years of disposal experience, we provide indicative reserve price guidance to help you set realistic expectations for sales.

  5. 05 Cataloguing

    Every asset is professionally photographed and documented in our Digital Asset Management system, building a clean, auditable inventory from the start.

  6. 06 Listing

    Catalogued assets go live on the RiHaGo platform, ready to be discovered by our network of registered bidders.

  7. 07 Marketing & mobilisation

    We actively promote each listing across our buyer network through digital marketing, alerts and platform notifications to drive competitive interest and stronger outcomes.

  8. 08 Bidder registration

    Every bidder is verified. Prospective buyers complete identity and KYC checks before they’re permitted to bid, keeping the marketplace trustworthy.

  9. 09 Auction execution

    The auction goes live — physical, simulcast or online — with real-time bidding tracked transparently from open to close.

  10. 10 Payment processing

    Winning bids are settled through secure payment channels, with every transaction recorded and reconciled against its lot.

  11. 11 Asset release

    Once payment clears, we hand over the asset to its new owner, with the release fully documented for the record.

  12. 12 Audit & reporting

    Finally, we put together a comprehensive report covering the bids received, final sale price and proceeds, and share it with you, closing the loop with complete transparency.

Footprint

Nationwide reach

Reflecting RiHaGo’s live registered base across Nigeria and beyond.

Thousands
Registered bidders
across our live platform
36 + FCT
States represented
5+ countries
International reach
UK, Russia, Philippines & more
Top states by registered bidders
  • Lagos 1,518
  • Abuja 1,182
  • FCT 350
  • Kano 309
  • Kaduna 273
  • Rivers 158
  • Oyo 156
  • Kwara 136
Who runs it

Our team

Oluseye MORGAN
Managing Director / CEO
Fellow, Certified Institute of Auctioneers Nigeria (CIAN) 2017 Member, Nigerian Association of Auctioneers (NAA) Member, National Auctioneers Association (Canada/USA) 2011 Graduate, South African College of Auctioneering 2011
Yinka ASUNI
GM, Head of Operations
Full Member, CIAN 2023
Blessing OGBEIFUN
Accounts Manager
Full Member, CIAN 2020
Adebayo OMIGBIYEGBE
IT Manager
Associate Member, CIAN 2023
Adebowale OKEOWO
Accounts Support
Associate Member, CIAN 2023
Utibe INIEKPO
IT Support
Associate Member, CIAN 2023
Get started

Ready to buy or sell with RiHaGo?

Browse live and upcoming auctions, or get in touch with our team.