PERISCOPE SECURITY & SAFETY LIMITED

What PERISCOPE SECURITY & SAFETY LIMITED does

Periscope Security and Safety Limited is a Lagos-headquartered physical security services provider operating across Nigeria. Founded in 2008 and led by MD/CEO General I.K. Alawode (Rtd.), the company deploys approximately 1,800 trained security guards across 20 Nigerian cities and serves more than 2,000 active clients spanning corporate, industrial, residential and estate, banking, seaport, airport, energy, healthcare, education, and hospitality sectors. Named clients include ECOGAS, BEDC (Benin Electricity Distribution Company), Ardova, Double Tree by Hilton, LASUTH (Lagos State University Teaching Hospital), Lagos University, FMC Ebute Meta, FMC Ondo, NIMR, and Mine and Steel. The company combines manned guarding with technology-enabled surveillance through a company-owned, licensed 24/7 Central Station that responds to emergency signals within an average of 30 seconds.

The service portfolio spans armed and unarmed security guard services, corporate and industrial security, residential and estate protection, banking security, event security and crowd control, executive protection, and specialized seaports and airports security with 10+ years of collaboration with Nigerian Customs, Port Authorities, and Port Operators. Periscope supplements services with security equipment sales and installation — walk-through metal detectors, X-ray baggage scanners, CCTV cameras, electric fences, biometric access control, Airtight safety doors, solar cameras, car bomb detectors, and trained security dogs — and project management services for complete security system installations at malls, offices, manufacturing facilities, and residential complexes. The technology stack includes web-enabled video surveillance, biometric fingerprint access control, intrusion detection, and fire detection systems designed to European fire codes. An ISO 9000-series quality management system underpins operations.

The business model is primarily professional services revenue from guarding contracts, consultancy, and executive protection, supplemented by hardware sales and project management fees. Pricing is quote-based and custom, structured around multi-year contracts. Go-to-market is sales-led direct engagement supported by a website with lead-capture forms and organic social media on Facebook and X. The company is privately held with no disclosed institutional investors, funding rounds, or M&A activity.

Name

PERISCOPE SECURITY & SAFETY LIMITED

Legal name

Periscope Security and Safety Limited

Website

https://periscopesecurity.com.ng

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Periscope Security and Safety Limited is a Lagos-based physical security services provider in Nigeria, deploying approximately 1,800 trained guards across 20 cities to 2,000+ corporate, industrial, residential, banking, energy, healthcare, and government clients, supported by a licensed 24/7 Central Station and security equipment installation.

Ownership category

akta.pro rank

Product category

Physical Security Services

NAICS

Security Guards and Patrol Services (561612), Security Systems Services (except Locksmiths) (561621), Investigation, Guard, and Armored Car Services (56161)

SIC

Services-Detective, Guard & Armored Car Services (7381), Services-Facilities Support Management Services (8744)

akta.pro industry

PRIMARYBPAKAAAD

Industrial & Critical Infrastructure Guarding (Utilities, Plants, Data Centers)

Business & Public Services/Security & Investigations Services/Manned Guarding & Patrol Services

SECONDARYBPAKAFAF

Guard Tour / Lone Worker / Duress & Panic Alarm Monitoring

Business & Public Services/Security & Investigations Services/Alarm Monitoring & Emergency Dispatch Services

Keywords

• Manned security services
• Physical security guarding
• Security equipment installation
• Executive protection services
• Maritime port security

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Manned Security Guard Services: Provision of trained security guards (armed and unarmed) for various client locations including offices, estates, banks, warehouses, events, and private properties. Revenue generated through service contracts with recurring fees.
2. Security Equipment Sales and Installation: Sale and installation of security equipment including walk-through metal detectors, CCTV cameras, X-ray baggage scanners, alarm systems, access control systems, electric fences, and security doors.
3. Security Consultancy Services: Security consulting including vulnerability assessments, risk assessments, security planning, and advisory services for organizations.
4. Executive Protection Services: Personal security details and VIP escort services for high-profile individuals, executives, and dignitaries including executive travel protection.
5. Project Management Services: Planning, designing, and implementing complete security system installations for large organizations, shopping malls, office buildings, manufacturing facilities, and residential complexes.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Periscope Security and Safety Limited provides trained armed and unarmed security guards, corporate and industrial security, residential estate protection, banking security, event security, and executive protection across Nigeria. The company also sells and installs security equipment (CCTV, metal detectors, X-ray scanners, electric fences, access control) and operates a 24/7 Central Station that monitors alarms and responds to emergencies in approximately 30 seconds. Specialized services include seaport and airport security, security consultancy, and full project management for integrated security system rollouts.

Product overview

PERISCOPE SECURITY & SAFETY LIMITED is a physical security services company offering an integrated portfolio of manned guarding services and security technology equipment. The core offering consists of security guard services (armed and unarmed), corporate and industrial security, residential estate protection, banking security, event security, executive protection, and specialized seaports/airports security. These services are complemented by a range of security equipment products including walk-through metal detectors, alarm locks, solar cameras, X-ray baggage scanners, smoke detectors, CCTV cameras, emergency signal systems, automatic boom barriers, car bomb detectors, electric fences, trained security dogs, bug sweepers, and Airtight safety doors. The company also provides technology-enabled monitoring services including 24/7 central station monitoring, video surveillance, access control with biometric fingerprint systems, intrusion detection, and fire detection systems. Project organizing services offer planning and implementation of complete security solutions for large facilities. The portfolio is unified under a single security brand focused on comprehensive protection for industrial, residential, commercial, and government clients across Nigeria.

Differentiator

Problem solved

Functional benefit

Products and services

• Security Guard Services (Armed & Unarmed)
• Corporate & Industrial Security
• Residential & Estate Security Services
• Banking & Financial Institution Security
• Event Security & Crowd Control
• Executive Protection & Close Protection
• Personal Security Services
• VIP Escort and Protection
• Security Consultancy
• Seaports and Airports Security
• Project Organizing & Management
• Security Equipment Sales and Installation

Quantifiable outcome

• 24/7 emergency response within 30 seconds average response time
• +2 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered major and core.

• ECOGASmajorStrategic or Co-development Partner · 1 October 2023ECOGAS signed an MOU (Memorandum of Understanding) with Periscope Security and Safety Ltd. The partnership involves Periscope providing security services for ECOGAS gas processing facility. The signing ceremony was attended by the MD/CEO of Periscope Security and Safety Ltd., General IK Alawode.
• Customs and Port AuthoritiescoreStrategic or Co-development PartnerPeriscope has been providing specialized security services to seaports throughout Nigeria for more than ten years in collaboration with customs, port authorities, and port operators. The partnership involves implementing security measures, conducting port security assessments, and providing operational personnel for port facilities.
• Port OperatorscoreStrategic or Co-development PartnerLong-term collaboration with port operators for security operations at Nigerian seaports. Periscope works with operators to identify solutions that satisfy financial and regulatory requirements, implementing new security measures across Nigeria.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Control Risks: Global risk consultancy and security services firm active in Nigeria, particularly in oil & gas and high-risk environments. Comparable on the executive protection, risk advisory, and high-value infrastructure security work that Periscope targets.
• Securitas AB: Swedish-listed global security services giant with presence across Africa offering integrated guarding, electronic security, and consulting. Direct competitor for multinational and large enterprise clients in Nigeria with deeper technology and capital resources.
• G4S Nigeria (now part of Allied Universal): Global security services leader with significant Nigerian operations offering manned security, secure logistics, and security technology. Comparable in service breadth but vastly larger scale and international footprint, competing for the same enterprise and government accounts.

Direct peers

• SIFAX Group: Nigerian conglomerate with significant port and maritime security operations overlapping with Periscope's seaport security specialty. Comparable on port security domain expertise and government/customs relationships in Nigerian maritime sector.
• Halogen Security Company Limited: Largest Nigerian private security firm offering manned guarding, electronic security, and security consultancy across all major Nigerian sectors. Directly comparable to Periscope in service mix, target verticals (oil & gas, banks, government), and integrated technology-plus-guarding model.
• Stallion Security Services: Nigerian private security company providing armed/unarmed guarding, VIP protection, and security equipment. Directly comparable in target market (corporate, residential, banks) and operating geography (Lagos and across Nigeria).
• Adron Security Services: Nigerian private security provider offering manned guarding, electronic surveillance, and consulting. Directly comparable service mix and target clients in corporate, banking, and residential segments across Nigeria.

Emerging players

• Proforce Security Solutions: Nigerian security firm offering guarding, equipment installation, and integrated security solutions. Comparable service portfolio and Nigerian footprint, though smaller scale and more focused on equipment manufacturing than Periscope.

Others

• APA Insurance / Britam (security-adjacent): Pan-African insurance and risk services group serving similar enterprise and high-net-worth clients. Adjacent ecosystem player where bundled risk-transfer and security services can co-compete or co-sell into shared corporate accounts in Nigeria.

Regional players

• Honeybadger Security: Nigerian security firm offering manned guarding and electronic security services with a Lagos-centric focus. Comparable in core guarding offerings and geographic focus, though smaller scale than Periscope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PeriscopeSecur2
• Facebookfacebook.com/100077040159641
• LinkedInlinkedin.com/company/periscope-security-safety-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PERISCOPE SECURITY & SAFETY LIMITED