Travel/Tourism
Palton Morgan Selects BCL as Paramount Twin Towers Main Contractor
By Dipo Olowookere
Business Contracting Limited (BCL) has been chosen by Palton Morgan as the main contractor for Paramount Twin Towers, a magnificent mix-use masterpiece at Oniru Waterfront, Victoria Island, Lagos.
Palton Morgan, the parent brand of Grenadines Homes and Oceanna, disclosed that it picked BCL for the job because of its track records.
Speaking at an event to sign the contract, the Group Chief Operating Officer/Executive Director of Palton Morgan, Mr Nidal Turjman, disclosed that, “We have worked with them (BCL) on several projects and they have always delivered top-notch services timeously.”
“We launched construction of Paramount Twin Towers project with Trevi foundation as pilling contractor, and now we have BCL on board as the main contractor,” he added.
In his remarks, the Managing Director of BCL, Mr Roda Fadlallah, expressed gratitude at the opportunity to work with Palton Morgan again on the Paramount Twin Towers project and why he loves working with the company.
“Palton Morgan has a full package. They are very professional, transparent and readily available to help us sort out whatever challenge we encounter. It’s an organization that I find pleasure working with.”
“I am confident in the delivery of this project. From the design plan down to the materials that will be used, I don’t think any investor will be disappointed in the project’s outcome. All the apartments are finished with world-class materials and designed to provide adequate luxury living,” he stated.
Palton Morgan is a company that is focused on creating exquisite structures and aspirational lifestyles to advance lives and the real estate sector.
It started the Paramount Twin Towers project in 2021 in Oniru, Victoria Island. The luxurious property is a 160-unit high-rise development with first-class facilities for residential and commercial purposes.
It is one of the most desired sophisticated projects in the Nigerian luxury real estate segment and the Commercial Director of Palton Morgan Holdings, Mr Dimeji Olatunji-Audu, attested to this.
Hear him, “Since the project’s launch, Paramount Twin Towers has enjoyed good reception in the market with over 90 per cent of Tower A sold to discerning investors and first-time homeowners.
“This is why we have opened up the sales of Tower B with various unit options – Studio, 1 – 3 bed apartments & maisonettes.”
Palton Morgan, a parent real estate brand of Grenadines Homes, Oceanna and PropertyMart, has dedicated her resources to setting standards and breaking real estate records.
The company has committed itself to redefine the luxury market with transformative experiences through detailed designed architectures in its truest form.
By Adedapo Adesanya
The Federal Airports Authority of Nigeria (FAAN) has announced plans to introduce V-Pass, a biometric facial recognition system designed to make passenger processing faster, safer and more seamless across its domestic airports.
According to FAAN, the new technology will allow passengers to verify their identities through facial recognition after a one-time enrolment, reducing reliance on physical identification documents and shortening queues through automated electronic gates.
The authority said the system is expected to enhance airport security while improving the overall travel experience for domestic passengers.
FAAN added that V-Pass has been developed with data privacy at its core and is compliant with the Nigeria Data Protection Regulation (NDPR).
The agency described the initiative as part of its commitment to delivering smarter, technology-driven airport services and said nationwide sensitisation and rollout updates would be announced in due course.
Airports in countries including the United States, the United Kingdom, Singapore and the United Arab Emirates already deploy facial recognition technology for processes such as check-in, security screening, immigration and boarding, so the move also aligns Nigeria’s aviation sector with a growing global trend towards contactless travel.
These systems have been adopted to improve operational efficiency, strengthen security and enhance the overall passenger experience.
For FAAN, the deployment of V-Pass forms part of its broader digital transformation agenda aimed at modernising airport operations and accommodating rising passenger traffic.
Experts say that beyond improving convenience, the authority expects the biometric platform to strengthen identity verification, reduce the risk of impersonation and support more efficient airport security, while maintaining compliance with data protection.
By Aduragbemi Omiyale
About 14.12 per cent stake in Ikeja Hotel Plc has been acquired by Honeywell Group Limited, a notice on the Nigerian Exchange (NGX) Limited has revealed.
Honeywell Group took up the part of the hospitality firm through one of its affiliates known as HGL Real Estate Limited.
Ikeja Hotel, in the disclosure filed with the NGX on July 2, 2026, said the stake comprised 305,323,525 units of its equities.
“Ikeja Hotel hereby notifies the Nigerian Exchange Limited and the general public that it has received notification from HGL Real Estate Limited, an affiliate of Honeywell Group Limited, that it has acquired 305,323,525 units of Ikeja Hotel Plc’s shares, representing 14.12 per cent shareholding in the company,” the notice stated.
Ikeja Hotel is one of Nigeria’s leading hospitality investment and hotel management companies with premium hospitality assets.
It operates two leading hospitality organisations in Lagos, the Sheraton Lagos Hotel and Balmoral Convention Centre.
By Aduragbemi Omiyale
About 10 hospitality establishments, including hotels and restaurants, were sealed on Wednesday by officials of the Lagos State Environmental Protection Agency (LASEPA).
The affected businesses are located in different locations in the Alimosho Local Government Area of the metropolis, Business Post learned from a statement from the agency.
It was stated that they were sealed by LASEPA for persistent violations of environmental regulations despite repeated warnings, abatement notices, and several opportunities to comply with the agency’s directives.
According to the notice, the enforcement exercise was carried out in line with the directives of the Lagos State government to ensure strict compliance with environmental laws and to safeguard public health.
The affected facilities were said to have breached various environmental regulations, including noise pollution, air pollution, unlawful discharge of untreated effluent, obstruction of official duties, among others.
LASEPA closed the premises of Granduer Meridian at Obasa Akiniyi Street, Oluwaga, Ipaja for non-compliance with the agency’s directives; Lasola (Spazio Bar), located on Ipaja Road, Fatolu Bus Stop, Ipaja, was sealed for noise pollution and non-compliance with directives; Millennium Restaurant, located at Gate Bus Stop, Ipaja, Ayobo, was shut down for non-compliance with directives; O2 Exquisite Suites & Tower on Jimoh Akinremi Street, Jimoh Bus Stop, Akowonjo, was sealed for non-compliance with directives; and Chirozz Hotel & Suites, located on Samuel Street, Akowonjo, by Vulcanizer Bus Stop, Egbeda, was closed for noise pollution and non-compliance with directives.
In addition, House 7 Hotel, located at Remi Akande Street, Egbeda, was sealed for non-compliance with LASEPA’s directives; House 48 on Isiba Oluwo Street, Egbeda, was sealed for non-compliance with directives; Exclusive Hotel, located at Ishan Kimishe, Akesan Bus Stop, was shut down by non-compliance with directives; Sabola Ventures Limited, Iocated at Km 11, LASU–Isheri Road, Igando, was shut down for operating without evidence of an Effluent Treatment Plant (ETP), and discharging untreated effluent into public drains; and City Int’l Motel, located at Chief Olu-Adegbite Street, off Oladun Street, Council Bus Stop, Idimu, was sealed for non-compliance with directives.
