General
Propertymart Allocates Plots to Subscribers at Fairmont Hilltop Estate
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.
General
2027: Court Orders Deregistration of ADC, Four Other Political Parties
By Adedapo Adesanya
Justice Peter Lifu of the Federal High Court in Abuja has ordered the deregistration of the African Democratic Congress (ADC) and four others over failure to meet the constitutional requirements for political parties in the country.
In a judgment, Justice Lifu ordered the Independent National Electoral Commission (INEC) to deregister the affected parties, having failed to secure 25 per cent of the votes in the last general elections in compliance with the provisions of the law.
The five political parties include ADC, Accord (A), Action Alliance (AA), Action Peoples Party (APP) and Zenith Labour Party (ZLP).
Justice Lifu, who earlier dismissed all the multiple preliminary objections filed by the defendants, ordered INEC not to allow the parties to participate in the subsequent elections, including the 2027 general polls, having failed to meet the constitutional threshold.
A group, the Incorporated Trustees of the National Forum of Former Legislators, had filed the suit against the five political parties.
The plaintiff, who also joined the Attorney-General of the Federation (AGF) in the suit, named INEC as the first defendant.
The forum argued that the affected political parties failed to meet constitutional requirements relating to electoral spread and performance.
It contended that political parties were required to secure at least 25 per cent of votes in prescribed elections to remain relevant under the law.
It therefore urged the court to order the deregistration of the parties, insisting that none of the defendants had effectively countered the arguments.
This development comes as the ADC announced former Rivers State Governor, Mr Rotimi Amaechi, as the running mate to its presidential candidate, former Vice President Atiku Abubakar, for the 2027 general election.
It said that the decision followed extensive consultations with party leaders, coalition partners, youth and women stakeholders, and representatives of all geopolitical zones.
“The National Leadership of the African Democratic Congress (ADC), after extensive consultations with party leaders, coalition partners, youth and women stakeholders, and representatives of all geopolitical zones, is proud to announce that Mr Chibuike Rotimi Amaechi has been selected as the vice-presidential candidate of our great party for the 2027 presidential election,” the party disclosed in a statement on Monday.
General
Nigerian Oil and Gas Park to Start Operations Q4 2026
By Adedapo Adesanya
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed that the anticipated Nigerian Oil and Gas Park Scheme (NOGaPS) will become operational by the fourth quarter of 2026.
According to a statement by the General Manager of Corporate Communications Division at NCDMB, Mr Obinna Ezeobi, ahead of the target date for the park located at Emeyal-1, in Ogbia Local Government Area of Bayelsa State, the NCDMB is set to install a 2.5-megawatt Com- pressed Natural Gas (CNG) power plant at the park.
He added that the power plant is one of the key steps to getting the facility operational, as it will provide a reliable and sustainable electricity supply to support industrial operations within the park.
Mr Ezeobi gave the assurance after an assessment visit to the facility by key personnel of the Board.
According to the statement, the tour revealed significant progress across key infrastructure and support systems designed to position the facility as a major industrial hub for Nigeria’s oil and gas industry.
It added that the Nigerian Oil and Gas Park Scheme was conceived to deepen Nigerian Content by providing a conducive environment for the manufacturing of components, equipment and other inputs required by the oil and gas industry, while creating employment opportunities for over 2000 persons when fully operational, and stimulating economic growth.
The oil and gas park scheme is a purpose-built industrial park with manufacturing shop floors and factories, warehouses, training centres, mini estates, truck parking and holding spaces, fire stations, administrative blocks, and security services, among other things, and is a critical initiative of the board geared towards in-country capacity development through local manufacture of equipment components and spare parts required in the oil and gas industry.
Six parks have been conceptualised and are located in different parts of the country, and they form a key part of NCDMB’s strategy for sustainable local content development and industrialisation. Two of the parks at Odukpani, Cross River State, and at Emeyal 1, Bayelsa State, have been completed, and interested companies have begun to take up shop floors, preparatory to the commencement of operations.
General
Yuno, Onafriq to Unlock Pan-African Payments for Global Merchants
By Modupe Gbadeyanka
A partnership for the integration of Onafriq’s leading pan-African payment network into Yuno’s orchestration platform has been entered into between the two organisations.
This collaboration gives merchants a single connection to Africa’s most expansive payments infrastructure, bringing the continent’s most expansive payments infrastructure to merchants worldwide.
Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly one billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors, all through Yuno’s single, developer-friendly API.
The partnership is part of Yuno’s broader strategy to build a truly global platform that connects merchants to every meaningful payment method and network, regardless of geography. Following successful expansion in the Middle East, Europe, and Asia, Africa is a key pillar of Yuno’s next phase of growth.
For Onafriq, the integration with Yuno extends its reach to an entirely new segment of global merchants who now benefit from a streamlined entry point into African markets. The partnership reinforces Onafriq’s mission of making borders matter less, bringing together mobile money operators, banks, fintechs, and enterprises into one connected payment ecosystem.
“Africa represents one of the most exciting growth opportunities in global commerce, and yet too many merchants are still locked out by payment infrastructure that wasn’t built for scale.
“Our partnership with Onafriq changes that. By bringing their unmatched African network into our infrastructure layer, we’re giving our clients a single path to a continent-wide ecosystem with the reliability, compliance, and local depth they need to grow with confidence,” the chief executive of Yuno, Mr Juan Pablo Ortega, stated.
Also commenting, the chief executive of Onafriq, Mr Dare Okoudjou, said, “Africa’s payment landscape has never lacked ambition or momentum; what it needed is the right infrastructure that matches its pace.
“Our partnership with Yuno changes the equation for global merchants who want to be part of this growth story. Through a single connection, global merchants can reach consumers and businesses across Africa more seamlessly than ever before, while more people across the continent gain access to the digital economy on their own terms. For us, this is what making borders matter less looks like in practice.”
Onafriq’s infrastructure supports the full payment lifecycle, from real-time disbursements and omnichannel collections to card issuance, treasury management, and stablecoin settlement, all underpinned by local regulatory licences and ISO 27001 and CMML3-certified security.
For Yuno’s merchant base, this means the ability to pay out to mobile wallets, bank accounts, or cash pickup points, and accept payments across channels, without managing multiple integrations or compliance frameworks independently.
The integration is now live and available across Egypt, Ghana, Kenya, Nigeria, Cameroon, Côte d’Ivoire, and Uganda. Yuno’s clients can access Onafriq’s capabilities, including mobile money disbursements and collections, card issuance, and FX treasury services, directly from the Yuno dashboard with no additional contract or integration required.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
