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Propertymart Allocates Plots to Subscribers at Fairmont Hilltop Estate

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Subscribers to the Fairmont residential scheme, a home ownership initiative by Propertymart Real Estate Investment Limited, a leading real estate company, have commended the company for delivering on its promise of instant physical allocation of plots upon payment of 30 per cent initial deposits.

The subscribers gave the commendation at the weekend when they were allocated their plots of land at Propertymart’s The Fairmont Hilltop Estate, Alagbado, Lagos State.

One of the allottees, Suraj Wahab, praised the company for its commitment to helping prospective home-owners achieve their dreams of home ownership conveniently and transparently.

He said, “I commend Propertymart for staying the course. I knew the time they started the Fairmont Scheme at Arepo, but I never believed it would be a reality. I thought it was just a 3D imagery. Some weeks ago, when I went there, I was surprised that the structures I saw on display then were actually on ground and people have been living there. That was what spurred me to give this a try.”

Wahab also hailed the company’s consistency, noting that it’s not easy for a business to have survived 10 years if it wasn’t doing things right. “For a company to begin operations and still be waxing strong in 10 years means they are doing something right. Besides, there are solid pieces of evidence to show for their activities. It is commendable.”

Another investor, Lateef Raheem, who came with his wife and children, also praised Propertymart and The Fairmont Estate, noting that the company is bringing Magodo’s standard to Alagbado.

He said, “Fairmont Hilltop Estate is going to be an excellent location to build our home.  We are looking at the standard of Magodo here in Alagbado, with the view and the structures.  Propertymart is genuine, a big thump up for them.”

Also, an elated Mrs. Funke Balogun-Odu, another subscriber, said: “I just paid 30 per cent, and the allocation has been given to me. The environment is cool, it looks like a country home. I’m delighted with my relationship with Propertymart, and I will be telling others about The Fairmont Hilltop Estate.”

One of the early investors in the residential scheme, Mrs Ogechi Onyedum, expressed happiness and satisfaction with the estate, noting that, “The environment is very nice, serene and is on a hilltop which gives you a beautiful view. I can boldly say that Propertymart delivers on their promise, and I will refer them to others.”

While commending the beautiful location and Propertymart’s integrity, another allotee, Mrs. Adejoke Atiku, said it was a dream come true for because she didn’t believe initially that she would get her allocation once she paid the 30 per cent deposit.

“This estate is going to be a very standard place; I really appreciate the location. I know the company wants it to be a mega estate, and it will certainly stand out. The payment is instalment, and I’ve not been disappointed; there’s transparency in the process. Mere looking at this environment, I can see it’s going to be a megacity in a short while”, she enthused.

Speaking on the Fairmont Advantage Offer, Deputy Managing Director, Propertymart Real Estate Investment Limited, Mr. Abimbola Arasi, said it was a unique offer to help many more Nigerians own their homes while restating the company’s commitment to continue to develop innovative solutions to cushion the effect of harsh environment inhibiting home ownership.

He said, “The majority of our clients are amazed that we can come up with such an innovative idea to help them own their homes in this harsh economy. Many of our clients have been expressing gratitude over this product, but they should expect more from us because we are a customer-friendly organisation. We are always thinking of them, their needs, and how we can meet them.”

Arasi added that the offer is a pocket-friendly way of getting one’s home because, “once you make 30 per cent down payment, you sight your plot. In Africa, we believe that an individual only becomes a full adult when he/she owns a home, and we are committed to helping our clients meet this need. We encourage our prospects to pick on time before it’s exhausted.”

He further encouraged everyone interested in enjoying the offer to visit www.propertymartltd.com or send a mail to in**@*************td.com, as the offer will be closing soon.

The Fairmont Advantage Offer is the first-of-it-kind home ownership initiative in the Nigerian real estate sector that enables prospective subscribers to take ownership of their plots upon the payment of 30 per cent deposit which starts from N1.1million. An additional benefit is that the plan is flexible as subscribers are allowed to spread the remaining balance of outright price across six months after the initial deposit.

“The Fairmont” serviced plots strategically located in Arepo, Lekki-Ajah and Alagbado respectively, are not only affordable but also allow clients to live in safe, beautiful environments with well-defined perimeters.

Other positive features of The Fairmont by Propertymart are its eco-friendly environment, top-grade infrastructure including paved roads, CCTV, electricity, street lights, drainage and green areas amongst others.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Axxela Expands Gas Distribution Footprint, Gets New Customers

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Axxela Limited

By Modupe Gbadeyanka

A leading gas and power company in sub-Saharan Africa, Axxela Limited, has expanded its natural gas pipeline network with new customers.

The new customers include Radisson Blu Anchorage Hotels, Sheraton Hotels, Jawa International Limited, Solem Agro, and Abimbola Agro, among others.

The company’s customer connections span the manufacturing, hospitality, pharmaceutical, and fast-moving consumer goods (FMCG) sectors.

The new clients were facilitated through Gaslink Nigeria Limited (Gaslink), one of Axxela’s subsidiary companies.

“These connections go beyond the expansion of our customer portfolio; they reflect our commitment to broadening energy access for businesses across critical sectors of the economy and supporting Nigeria’s drive towards increased domestic gas utilisation.

“By enabling these businesses to embrace cleaner and more affordable energy solutions, we are helping to improve their operational efficiency while also supporting their environmental sustainability goals,” the Executive Vice President for Axxela Gas Distribution, Mr Kehinde Alabi, said.

“We recognise that collaboration with key players across diverse sectors is essential to powering industries and shaping a more sustainable future for Nigeria and the region.

“These new connections underscore our commitment to expanding domestic gas use, reducing carbon footprints, and providing cost-effective energy alternatives in line with the Federal Government’s energy transition objectives,” he added.

Through its growing infrastructure investment footprint, Axxela continues to play a pivotal role in unlocking the economic potential of natural gas by advancing domestic gas utilisation, enabling industrialisation, and supporting a sustainable energy transition in line with the federal government’s vision of a gas-powered economy.

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CIBN, ACAMB Advocate Women Empowerment, Sustainable Growth for Banking Sector

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ACAMB CIBN

By Aduragbemi Omiyale

Banks operating in Nigeria have been charged to further deepen and prioritise financial inclusion, women’s empowerment and sustained growth.

This call was made by the Chartered Institute of Bankers of Nigeria (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB).

They want financial institutions to deploy strategic mandates and frameworks aimed at closing the financial gap and empowering small and medium enterprise (MSME) owners.

At a courtesy visit to congratulate Mr Dele Alabi on his investiture as the 24th head of CIBN on May 16, 2026, the president of ACAMB, Mr Jide Sipe, said his group was ready to work closely with CIBN to achieve these goals.

According to him, closing the imbalances in financial access helps economies grow faster, reduces inequality, and encourages greater civic participation by all.

Mr Sipe also used the occasion to announce ACAMB’s 30th anniversary, marking three decades of excellence, industry collaboration, professional development, and impactful contributions to the Nigerian banking and financial services sector.

“The association is pleased to announce the celebration of its 30th anniversary, marking three decades of excellence, industry collaboration, professional development, and impactful contributions to the Nigerian banking and financial services sector,” he said.

The ACAMB leader also formally invited the CIBN president to chair the anniversary Gala Night slated for Wednesday, September 30, 2026.

“We are inviting industry leaders to this anniversary and recognising many people who have stood by ACAMB over the years,” he stated, soliciting the institute’s support through attendance and the invitation of bank managing directors.

In his remarks, Mr Alabi thanked ACAMB for the visit, promising that the institute will prioritise financial inclusion and women’s empowerment.

He said access to savings, micro-credit, and insurance acts as a safety net during crisis and allows them to significantly improve living conditions.

At his investiture over two months ago, Mr Alabi unveiled his IMPACT Vision, themed Consolidating Our Local Impact, Enhancing Our Global Relevance.

The vision rests on six pillars: Inclusion across geographic, gender, and generational lines; Membership growth and quality; Professionalism and ethics; Accountability; Competencies and skills development; Technology, automation, and innovation. Other areas of shared interest include women empowerment, financial inclusion and literacy, as well as MSME clinics, all of which are top on his agenda.

Mr Alabi added that CIBN would be happy to drive joint knowledge sharing and exchange sessions with CBN and ACAMB across various platforms, saying, “Educating the public through public awareness programmes, with ACAMB as the rallying point, is central to what we do.”

“To this end, we intend to contribute our quota in supporting banks and financial institutions in driving gender-focused financial inclusion to close the 9 per cent gender gap in access to formal financial services,” he added.

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Customs Launches Pilot Electronic Cargo Tracking System at PTML

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customs Electronic Cargo Tracking System

By Adedapo Adesanya

The Nigeria Customs Service (NCS) has launched the pilot phase of its Management Information System (MIS) and Electronic Cargo Tracking System (ECTS) at the PTML Area Command, Lagos, as it pushes its modernisation drive aimed at enhancing trade facilitation, operational efficiency and service delivery.

The pilot launch was led by the Deputy Comptroller-General of Customs in charge of ICT/Modernisation, Mrs Oluyomi Adebakin, who represented the Comptroller-General of Customs, Mr Adewale Adeniyi.

She commended the PTML Area Command for its exceptional level of preparedness, describing its readiness as a testament to the collaborative efforts and commitment of officers towards the successful implementation of the initiative.

“Modernisation and digitalisation are no longer optional. As the lead agency in border management, the Nigeria Customs Service cannot afford to lag. If we don’t move with the cloud, we will be left behind. This pilot phase reflects our commitment to building a modern Customs Service that meets global standards,” she said.

In his welcome address, the Acting Customs Area Controller, PTML Area Command, Deputy Comptroller Nura Miko, said the command continues to prioritise trade facilitation while maintaining a balance with revenue generation and national security.

He disclosed that PTML, which currently achieves cargo clearance within two hours, is working towards reducing the clearance time to one hour through digital innovation and improved operational processes.

“At PTML, trade facilitation remains our priority. Having achieved a two-hour cargo clearance time, we are now working towards reducing it to one hour through the deployment of these digital platforms and continuous process improvements,” Mr Miko said.

The event featured a live demonstration of the MIS and ECTS by the Service’s ICT Unit, which explained that the in-house developed applications are highly scalable and designed to support indigenous technology development.

The team showcased key modules, including the Duty Roster, Internal Roster, File Tracker and Posting Management, while disclosing that officer onboarding, user training and deployment of the Electronic Cargo Tracking System are already underway as part of the pilot phase.

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