Saturday, April 18, 2026
30.9 C
Lagos

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Eko Atlantic City Unveils Nigeria’s 1st 8 Lane City Road

Eko Atlantic City, a unique, innovative development, in a vibrant environment with 21st Century facilities on the coast of Lagos has reached advanced stages in the first 5 million sq. metres of the project.
The city not only boasts of independent power and water supply, seamless communications network but also an extensive citywide road network. This will be the first of its kind in Lagos and Nigeria.
The city, which is divided into 8 districts, is planned for mixed-use with commercial, residential, entertainment and leisure activities to make the city a 24/7 lively environment. City amenities and services will include an international school, hospital, and a high quality shopping mall, the largest in sub Saharan Africa.
The city’s road design and construction has been built according to world’s best practices with beautifully paved sidewalks, tree-lined and streetlights completed with a stunning ocean view. One of the considerations when developing the Eko Atlantic City was to guarantee free flowing traffic. This has now been achieved with the major road network recently completed.
The extensive road networks now clearly defined with an area in excess of 200,000 sq. metres. Most significantly Eko Boulevard, an 8 lane Boulevard, 1500M long ( similar to the 5th Avenue in New York) the focal point of the Business District is fully completed from Ahmadu Bello Way in Victoria Island to the Ocean Front, where an exquisite waterfront entertainment is being planned.
“We are extremely proud to have achieved another major milestone in the development of Eko Atlantic City. This futuristic city is not just for residential and commercial activities but a tourist attraction. We strongly believe the new boulevard will enhance business activities and be the ideal location for company headquarters, luxury and business hotels and also residential elements as well as attracting tourists from all over Africa,” says Ronald Chagoury Jr.
In addition, the city’s infrastructure network makes it the most technically advanced city in Nigeria. It comes with a fully integrated autonomous and reliable infrastructure networks with all its underground service pipes installed under the extensive paved side-walks( such as the storm-water drains, sewer drains, water supply piping, power cables and IT network ).
In 2006 South Energyx Nigeria Limited, a subsidiary of The Chagoury Group was awarded the concession to reclaim land, develop infrastructure and act as the exclusive authority over the development of Eko Atlantic City, next to Victoria Island in Lagos. Furthermore, South Energyx Nigeria Limited was specifically created to oversee the planning and development of Eko Atlantic, the new city of Lagos.

About Eko Atlantic:
Standing on 10 million square metres of land reclaimed from the ocean and protected by an 8.5 kilometre long sea wall, Eko Atlantic will be the size of Manhattan’s skyscraper district.
Self-sufficient and sustainable, it includes state-of-the-art urban design, its own power, clean water, advanced telecommunications, spacious roads and 110,000 trees.
The project is privately funded by South Energyx Nigeria Limited – the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies – working in strategic partnership with the Lagos State Government and supported by the Nigerian federal government.

Hot this week

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Tinubu Assents to N68.32tn Appropriation Bill, 2025 Budget Extension

President Bola Ahmed Tinubu has assented to the 2026...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

PenOp Appoints Anthonia Okoro as Chief Executive Officer

Pension Fund Operators Association of Nigeria is pleased to...

Topics

Lufthansa Cargo to Off-load 800 Staff

German-based Lufthansa Cargo is planning to cut around 700-800...

Tourism & Technology Summit Africa Set for 3rd Edition

After a relapse of the Tourism and Technology Summit...

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Kaspersky Lab Reports 4% Revenue Growth to $726m in 2018

Kaspersky Lab continued to deliver stable growth in 2018...

Danbatta Lifts Platinum Award for NCC’s Performance

L-R: Reuben Muoka, Director, Public Affairs, Nigerian Communications Commission (NCC); Vincent Maduka, past...

V Bank Wins Banking App of The Year Award

V Bank, Nigeria’s foremost digital bank powered by VFD...

Universal Insurance Reports N15.25bn Premium in 2024

L-R: Dr. Jeff Duru, Managing Director/CEO, Universal Insurance Plc;...

NNPC Chief, Kyari, Wins Champion Newspapers’ Most Outstanding Energy Icon Award 

Group Chief Executive Officer of NNPC Limited, Mr. Mele...
Exit mobile version