A significant fire outbreak occurred at a section of the Tejuosho Market in Lagos on Wednesday, May 29, 2024. The incident destroyed numerous shops and goods within the market, with NEMA reporting that about 300 shops were impacted, though no lives were lost.
Earlier in the day, traders at the popular market had staged a protest over prolonged power outages that they claimed were crippling their businesses. Eyewitnesses said the demonstration, which began peacefully, turned chaotic when police officers allegedly deployed tear gas to disperse the crowd.
Construction work started late 2008 on the complex developed by Stormberg Engineering Limited in partnership with Lagos State government under a 25-year build, operate and transfer (BOT) lease agreement.
The Nigeria Labour Congress (NLC) mourns with heavy hearts the needless loss of lives in the tragic fire outbreak that engulfed the United Bank for Africa (UBA) building called Afriland Building on Lagos Island, claiming the lives of at least six compatriots and leaving many others injured, hospitalized, and battling ...
Tejuosho Market is an ultramodern market located along the Ojuelegba-Itire Road in Yaba, Lagos, Lagos State, Nigeria. The market is divided into two phases (Phase I and Phase II).
Dive into Lagos' iconic Balogun Market—a vast maze of stalls, colors, and bustling trade! Known as West Africa's shopping powerhouse, it's the perfect place for everything from fabrics to fashion bargains.
Afriland Towers, the Lagos high-rise building where a fire erupted last Tuesday and has since left at least 10 people dead, is owned and managed by Afriland Properties Plc, the real estate investment arm of billionaire Tony Elumelu's Heirs Holdings Group.
The relaxation centres, Timeless Beach and Iceland Beach, were sealed for failure to comply with summons over encroachment on State-owned land. The exercise, which began in the early hours of Monday, was led by the Commissioner for the Ministry, Dayo Alebiosu.
Igbos own 35% properties, Yoruba 40%, Edo 7% & other tribes 18% . It times Igbo vast for the governorship of Lagos state . Priority to colonial aided settlers Lagos state originally belonged to Edo people before conquered.
The U.S. Embassy in Abuja informs U.S. citizens that the Free Nnamdi Kanu Now protest has called for peaceful demonstrations on Monday, October 20th, 2025, in Abuja.
Avoid non-essential travel in Nigeria, except the cities of Calabar, Abuja and Lagos, due to the threat from terrorism, kidnapping and violent crime (level 3 of 4). Note: There are areas of Nigeria where we recommend you do not travel. See regional advice below. Find out more about our travel advice.
Some 20 Nigerian 🇳🇬 words and slang have been added to the Oxford Dictionary, showcasing the growing influence of Nigerian culture globally. They include: Japa, abi, adire, agbero, area boy, cross- carpeting, eba, Edo, gele, jand, janded, 419, Kanuri, kobo, Naija, suya, Yahoo boy, and yarn dust.
Mike Adenuga's mansion in Banana Island, Lagos, is widely considered the largest and most luxurious mansion in Nigeria. It is reportedly valued at ₦8 billion and has been described as 'heaven on earth. Mike Adenuga's mansion is not just a home; it's an architectural masterpiece and a symbol of wealth.
Dr Paul K. FOKAM is a researcher in Management Science, African cultures and Strategy. The bulk of Dr Fokam'sresearchfocuses on the cause of the poor, advocating for them and helpingthemcreatewealth. He developed the MC² Model, a unique and efficient approach for wealthcreationamong the poor in rural Africa.
Lagos stands as the undisputed leader in wealth concentration within Nigeria, housing the highest number of billionaires and high-net-worth individuals in the country. As of 2025, reports indicate that Lagos is home to at least 3 billionaires with wealth valued in US Dollars, alongside thousands of millionaires.
The United States of America-based Walmart Inc is the leading supermarket and hypermarket in the world (by food service sales). The company reported revenues of $611,289 million for the fiscal year ended January 2023 (FY2023), an increase of 6.72% over FY2022.
MBO Capital Management Ltd, alongside co-investors led by Persianas Investment Ltd, through their investment vehicle, Ketron Investment Limited, have completed the acquisition of the local operations of Africa's retail giant, Shoprite. The transaction closed on Monday, May 31, 2021.
