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Legal Storm Gathers Over Victoria Island High-Rise linked to Former Lagos Governorship Candidate Dr. Samuel Ajose as Landowner Terminates JV and Takes Control

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  What began as a Joint Venture for a high-rise development in Victoria Island has reportedly escalated into a major legal dispute, following the Landowner’s termination of the JV over a fundamental breach by the developer, Levitikal Construction Limited and subsequent move to reclaim possession of the property linked to former Lagos governorship aspirant Dr. Samuel Mawuyon Ajose and Levitikal.  The dispute has reportedly spilled into multiple court proceedings including in Suit No: FHC/LAG/CS/1245/2026 instituted at the Federal High Court, Lagos, arbitration and EFCC investigations. Interestingly, the property had also previously been sealed by the EFCC amid EFCC probe, raising fresh questions about its legal and commercial status.  The latest development leaves prospective buyers and investors with critical questions: Is  it safe to invest in a project riddled with multiple court cases? The legal battle appears far from over. For prospective buyers, the warning is ...

$10bn Investment Puts Ogun, NNPC Partnership and Long-Delayed OGLNG Project at Centre of Emerging Coastal Economy

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By Kayode Akinmade For more than three decades, the Olokola Liquefied Natural Gas project remained largely a promise on paper. Now, renewed discussions between the Ogun State Government and the Nigerian National Petroleum Company Limited (NNPC) are placing the stalled project at the centre of a broader plan to transform the state’s coastline into an energy, maritime and industrial hub. The talks on the development of the OGLNG project in Ogun Waterside come barely a week after the state government signed Memoranda of Understanding with global ports and logistics operator DP World for the development of the Gateway Deep Sea Port and the 10,000-hectare Ogun State Blue Marine Special Economic Zone. Together, the projects are expected to attract an initial investment of $10 billion and create more than 50,000 direct jobs. The proposed port will have a four-kilometre berth and an 18-metre draft, while the adjoining economic zone is planned to accommodate manufacturing, processing, logistics...

66th Independence: Tinubu Is Not Perfect, But He Is The Best For Nigeria - Lagos City Boy Director, Moyosore Ogunlewe

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The City Boy Movement, Lagos State Chapter, has felicitated with President Bola Ahmed Tinubu, GCFR, all Nigerians and Lagosians on the occasion of Nigeria's 66th Independence Anniversary. In a goodwill message from its Director, Barr. Moyosore Ogunlewe, the movement said President Tinubu's administration has made unprecedented progress in infrastructure, job creation, economic diversification and governance since assuming office. Barr. Ogunlewe stated: "Like no one is perfect, President Tinubu is not perfect. Nevertheless, he has remained a kind-hearted leader with an exceptional eye for talents, putting round pegs in round holes. He understands our problems as a nation and has shown the political will to fix them. "He noted that in the fourth year of the administration, Nigerians have experienced a clear departure from the past, with exemplary leadership, vision and foresight driving the Renewed Hope Agenda. These were contained in a statement signed by Hon. Kanbi Ow...

Lagos High Court Reserves Ruling On Tajudeen Akanbi's Bail Application

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  A Lagos State High Court on Tuesday heard the bail application of Hammed Tajudeen Akanbi and reserved ruling to a date to be communicated to parties.   The application was argued before Justice A.T. Muyideen, who had earlier adjourned proceedings to November 2026 due to the annual court vacation. However, the court brought forward the hearing of the bail application following concerns over the deteriorating health of the defendant.   Counsel to Akanbi, Olalekan Ojo, SAN, urged the court to grant bail on medical grounds, stating that his client’s condition had worsened in custody. He also relied on a Certified True Copy of the police investigation report, which he said exonerates the defendant.   In a related application, Rukayat Afolabi, Esq., representing co-defendants Shafi Fatai and Yusuf Ismaila, asked the court to direct the Kirikiri Correctional Centre clinic to release the medical records of her clients.   The Director of Public Prosecutions opposed the...

Polaris Bank Takes Customer Service To “The Extra Mile”

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Polaris Bank is set to join organisations around the world in celebrating the 2026 Customer Service Week, holding from October 5 to 9, under the theme, “The Extra Mile.” For Polaris Bank, the theme represents a continuation of its longstanding commitment to putting customers at the heart of its business and continually improving the quality of their banking experience. Over the years, the Bank has used Customer Service Week not only to appreciate its customers, but also to recognise employees who consistently demonstrate exceptional service and reinforce the importance of customer-centricity across the organisation. The Bank’s Customer Service Week celebrations have evolved over the years, reflecting different dimensions of its service culture. In 2020, the Bank celebrated under the theme “Dream Team,” recognising the collective efforts of its employees in sustaining service delivery during a particularly challenging period. The 2021 celebration continued the focus on service excellenc...

Construction Work To Begin On Ogun Deep Sea Port In November — Abiodun

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L-R: The Chairman, All Progressives Congress (APC), Ogun State, Chief Yemi Sanusi; the Ogun State Governor, Prince Dapo Abiodun; and a former Local Government Coordinator for former Governor of Ogun State, Otunba Gbenga Daniel, Hon. Tayo Otusanya, during a warm handshake in Ijebu East Local Government Area on Monday Ogun State Governor, Prince Dapo Abiodun, has disclosed that construction work on the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside Local Government Area will commence in November this year. Abiodun made the disclosure while addressing All Progressives Congress (APC) stakeholders in Ijebu East and Ijebu North Local Government Areas, days after signing a Memorandum of Understanding (MoU) with DP World MEA FZE in Paris, France, in the presence of President Bola Ahmed Tinubu. The governor said the groundbreaking ceremony for the project would take place in November, after which construction would commence immediately, ...

From Paris To Abeokuta: How One Signing Capped Seven Years Of Ogun’s Investment Push

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By Seyi Bakare On Thursday in Paris, thousands of kilometres from the Nigerian coastline it is ultimately designed to transform, Governor Dapo Abiodun of Ogun State stood alongside President Bola Ahmed Tinubu and the leadership of DP World as the Ogun State Government and the global ports and logistics giant signed Memoranda of Understanding for the development of the Gateway Deep Seaport and the Ogun State Blue Marine Special Economic Zone. The agreements envisage more than $7 billion in initial investment and the creation of over 50,000 direct jobs when the projects are fully developed. The proposed Gateway Deep Seaport will feature a four-kilometre berth and an 18-metre draft, while the adjoining Blue Marine Special Economic Zone is designed to create an integrated platform for maritime trade, manufacturing, processing, logistics and exports. (State House) It was, by any measure, a defining moment for Ogun State. But the significance of Paris cannot be understood simply by looking a...