In today’s Nigeria, energy and technology stand as two pillars of economic growth. Few individuals understand the synergy between these sectors as well as Augustine Osas Iyoha, the dynamic entrepreneur behind Ausmagmus Global Ltd and Fearsons Domain Ltd.
Through these two ventures, Augustine is not just running businesses. He’s crafting solutions to Nigeria’s most pressing challenges, energy security and digital transformation.
At Ausmagmus Global, his focus is on crude oil exploration, processing, and petroleum trading. The company operates oil fields, drilling equipment, and produces essential fuels like diesel, kerosene, and LNG. These resources are the lifeblood of industries, transportation, and households across Nigeria.
“We are addressing a fundamental need,” Augustine explains. “Nigeria’s growth depends on stable, accessible energy, and Ausmagmus plays a key role in that.”
But producing oil isn’t enough. Augustine recognizes that industries need more than resources, they need resilience. That’s why Ausmagmus offers consulting services, helping other businesses navigate corporate strategy, crisis management, and change leadership. The company’s reach extends beyond the oil fields into boardrooms, advising firms on how to survive and thrive.
“Our consulting arm helps businesses navigate change,” Augustine adds. “We believe that success is about evolving with the times, not just surviving them.”
Under his leadership, Ausmagmus has also started exploring renewable energy projects, including potential investments in solar and wind power, signaling a forward-thinking approach toward sustainability. This ensures the company remains competitive in an evolving global market.
Yet, even with such a commanding presence in oil and gas, Weyreyfearson’s roots are firmly planted in technology. His second venture, Fearsons Domain Limited, reflects this. As CEO, Augustine leads a dynamic team offering web development, digital marketing, IT consultancy, and software solutions. Fearsons Domain isn’t limited to building websites. It designs enterprise solutions, develops ERP systems, and delivers AI, VR, AR, and IoT technologies for businesses, governments, and NGOs.
“We help companies do more than exist online,” Augustine explains. “We help them thrive digitally.”
Through Fearsons Domain, Augustine empowers businesses with the digital tools they need to remain competitive in a fast-changing global market. His ventures have attracted partnerships with forward-thinking brands like Lexicon Multi Concept Media and Kinds Court Apartments, showcasing the trust placed in his expertise.
Despite the complexity of his work, Augustine’s mission remains simple, to empower communities. He regularly invests in education, training programs, and financial literacy workshops, helping others gain the skills and confidence to improve their lives.
“In every sector, there’s room for more people to rise,” Augustine says. “I’m committed to creating pathways for that.”
By bridging the gap between two of Nigeria’s most essential industries, Augustine Osas Iyoha is proving that true innovation lies in solving real problems, and doing it at scale.
