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Adron Homes Refutes Alleged Reports Of Fraudulent Handling Of Land Subscription, Clarifies Issues

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How Adron Homes Transform Shimawa into Ogun State Premier Real Estate Hub

Adron Homes Refutes Alleged Reports Of Fraudulent Handling Of Land Subscription, Clarifies All

Sequel to a recent trending publication alleging the operators of Adron Homes and Properties Limited of fraudulent activities in the sale and acquisition of their landed properties, the management has in a press release countered and refuted the allegations.

 

 

Adron Homes Refutes Alleged Reports Of Fraudulent Handling Of Land Subscription, Clarifies Issues

 

The statement reads:

DISCLAIMER/ CLARIFICATIONS
Our attention has been drawn to a recent malicious publication in some social media channels against our reputable Company, Adron Homes and Properties Ltd. A company built on integrity that also enjoys tremendous goodwill of the people with branches in several states of the Federation. It is, therefore, necessary we clarify the issues raised by the uninformed author by setting the records straight so that the lingering misinformation and half-baked truths trending do not end up being regarded as facts by our numerous customers and clients.
1. One of the allegations made was that Adron Homes has no one who has built, or is building in any of our estates littered across the country. On the contrary, however, we completely refute this unfounded allegation, as we have thousands of built houses and hundreds of landlords living in our estates across the country. with verifiable facts for those who wish to ascertain the true position and for the sake of due diligence. The insinuations that the company is fraudulent and won’t allocate plots of land to clients who have met the stipulated requirements are lies from the pit of hell; we condemn this in its entirety.
2. The allegation that our infrastructural and development fees are shrouded in secrecy is untrue. All necessary fees required to be paid per estate are well stated with clarity on our website with other terms and conditions stated on our subscription forms. In all real estate development, particularly for site and service schemes, good infrastructures and recreational facilities are essential. This includes perimeter fencing, secured gatehouse, road network, proper drainages, electricity, and street lighting, amongst others. We pride ourselves on keeping up with the best standards concerning infrastructural development in all our estates. We pride ourselves on keeping up with the best global practices concerning infrastructural development in all our estates. It is our pride to make all our estates luxuriously habitable to our landlords.
3. It is also germane to note that, due to the dwindling economy and surge in prices of commodities, we do not have control over the market prices of building materials. Hence, why these fees are reviewable periodically to reflect current market prices so that we can deliver on our promises without reducing infrastructural standards and quality. When such an increment is about to take place, we notify our customers accordingly via a memo.
4. The claim that Adron Homes mandates customers to use our engineers when the building is absolutely false. All we require of our client to do is to employ the services of qualified building engineers who are COREN or COBON certified this will ensure adhering to our laydown plans and uphold quality control to avoid hazards like building collapse among other disasters.
5. We at Adron Homes will like to urge clients who have defaulted on the contractual terms and conditions of purchase to explore the contractual options available for resolution and refrain from making disparaging posts or casting aspersions on social media about the brand in a bid to tarnishing the company’s image and reputation it has painfully built over the years. This is libelous and we shall take all necessary steps legally to ensure we protect our integrity by holding anyone found culpable responsible. We also implore the general public to refrain from sharing unverified and malicious statements attributed to the company’s image by these allegations. For any inquiry, our contact numbers are posted on our social media handles. Our contact lines are open to all sundry. Our well-trained sales executive and customer care agent will answer your questions accordingly and give clarity to your curiosity. You can equally walk into any of our offices across the country to ask any question.
In conclusion, Adron Homes and Properties remains committed to building cities, communities, and affordable homes. We will continue to serve and be accountable to all our clients, making their real estate sojourn seamless and hitch-free.
Signed: Management

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US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public

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US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public

US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public


The United States Mission in Nigeria has announced a new visa requirement mandating that all applicants for F, M, and J nonimmigrant visas must set their personal social media accounts to “public.”

These visa categories are issued to individuals seeking entry into the U.S. for educational and cultural exchange programs—including international students and scholars.

In a post on its official X (formerly Twitter) page on Monday, the U.S. Mission declared that the directive takes immediate effect, stating:

“Effective immediately, all individuals applying for an F, M, or J nonimmigrant visa are requested to adjust the privacy settings on all of their personal social media accounts to ‘public.’”

The U.S. Department of State emphasized that the move is part of its intensified vetting process to verify identities and determine admissibility, particularly to safeguard national security.

“We use all available information in our visa screening and vetting to identify visa applicants who are inadmissible to the United States, including those who pose a threat to U.S. national security,” the statement read.

The policy shift was first announced in June 2025, when the Department of State underscored that applying for a U.S. visa is a privilege, not a right.

“We will conduct a comprehensive and thorough vetting, including online presence, of all student and exchange visitor applicants,” the guidance stated.
“Every visa adjudication is a national security decision.”

The U.S. stressed that this move is to ensure that all applicants are credibly vetted, with proof that they intend to engage only in activities consistent with the terms of their visa and have no intention to harm U.S. interests.

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Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

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*”Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

 

For many Nigerians, the dream of owning a home often feels out of reach, clouded by financial limitations, uncertainty, and broken promises. But for Engr. & Mrs. Taiwo Ademola, that dream has become a beautiful reality, made possible by Adron Homes.

Speaking proudly from the comfort of his newly completed home in one of Adron’s thriving estates in Shimawa, Ogun State, Engr. Ademola shared his joy and fulfillment at finally becoming a landlord.

“When I thought about owning a home, it felt like a far-off dream,” he recalled. “But Adron Homes changed everything. Their flexible installment plan gave me the confidence to start. Today, I stand here as a proud homeowner. For anyone still doubting, Adron Homes is real, and they are here to stay.”

The Ademolas’ new home, now dedicated and celebrated, is a symbol of stability, dignity, and the fulfillment of a long-held dream. Their success story is a powerful reminder of Adron Homes’ mission to make quality, affordable housing accessible to every hardworking Nigerian, regardless of financial background.

In his congratulatory message to the family, Sir Aare Adetola EmmanuelKing, Chairman/CEO of Adron Group, expressed his delight at yet another fulfilled homeowner.

“At Adron Homes, our vision has always been to make home ownership possible for every Nigerian, and I am glad we are living up to this vision” he stated. “Every key we hand over is a step towards fulfilling that vision”.

He welcomed them into the family, describing this feat as the foundation of new beginnings and joyful memories.

Adron Homes has become synonymous with reliability, integrity, and innovation in Nigeria’s real estate sector. With flourishing estates across Shimawa, Lagos, Abuja, Nasarawa, Epe, Badagry, and beyond, the company continues to redefine affordable luxury and accessible home ownership nationwide.

As more Nigerians like the Ademolas proudly unlock the doors to their dream homes, one truth remains undeniable, with Adron Homes, dreams are not just imagined; they are built, one family, one house, one community at a time.

Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

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GTCO Plc Becomes the 1st Financial Services Institution in West Africa to Achieve Listing and Trading of its Ordinary Shares on the London Stock Exchange

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GTCO Plc Becomes the 1st Financial Services Institution in West Africa to Achieve Listing and Trading of its Ordinary Shares on the London Stock Exchange

 

 

Guaranty Trust Holding Company Plc (GTCO Plc), Africa’s leading and most profitable Financial Services Group, has recorded a significant milestone in its growth and expansion journey with the successful admission of its Ordinary Shares to the Equity Shares (International Commercial Companies Secondary Listing) category of the Official List of the Financial Conduct Authority (FCA) and to trading on the main market for listed securities of the London Stock Exchange.

 

This historic achievement makes GTCO Plc, the 1st Financial Services Institution in West Africa to dual list its Ordinary Shares on both the Nigerian and London stock exchanges, and subject to certain criteria, it is expected that the Shares will be transferrable between the two exchanges.

 

The admission follows the successful pricing of its fully marketed offering (The Offering) on the London Stock Exchange to raise gross proceeds of $105million in exchange for 2.29 billion of new ordinary shares in the company, which was supported by a strong book of high-quality, long-term institutional investors.

 

Concurrent with the Offering, the Company also gave notice of its intention to cancel the listing of its existing GDRs on the certificates representing certain securities (depositary receipts) category of the Official List of the United Kingdom Financial Conduct Authority (“FCA”) and the admission to trading of GDRs on the London Stock Exchange’s main market for listed securities.

 

Building on the momentum of the successful first tranche of its equity capital raise programme in July 2024, which secured ₦209 billion, GTCO will deploy the proceeds from the Offering to strengthen its capital base, meet its recapitalization target, and fund strategic expansion across high-growth markets and priority sectors within and outside Nigeria.

 

It is expected that Admission and unconditional dealing in the Shares will become effective on or before 8.00 a.m. (UK time) on 9 July 2025 under the ticker “GTHC”. Following the cancellation of the GDRs listing, the Company intends to change the ticker symbol for the Shares from “GTHC” to “GTCO” and will issue a separate announcement in due course to that effect.

 

Commenting on the LSE Listing, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr. Segun Agbaje, said: “Today marks a major milestone—not just for GTCO, but for the future we see for African financial institutions on the global stage.

 

We are incredibly proud to be the 1st Financial Services Institution in West Africa to list our ordinary shares on London Stock Exchange’s main market for listed securities, and even more honored by the trust placed in us by the investing community. For us, this was not just about raising capital. It was about validating the strength of our franchise, the clarity of our strategy, and the discipline with which we execute.”

 

He further said; “I would like to thank everyone who made this possible—our advisors and legal teams, our longstanding shareholders, the regulators both in Nigeria and in the UK, as well as the Nigerian government for creating an environment that supports our bold ambition and vision to be Africa’s leading financial services institution.”

GTCO’s fully marketed offering attracted long-term institutional capital, reflecting investor confidence in the Group’s fundamentals, governance, and strategic outlook.

 

It also signals improving market sentiment, buoyed by ongoing economic reforms by the Federal Government and a return to traditional orthodox monetary policy by the Central Bank of Nigeria, which have gone a long way to stabilising the macroeconomic environment and gradually restoring investor confidence in Nigeria’s long-term prospects.

 

About GTCO Plc
GTCO Plc is one of Africa’s leading financial services institutions with a longstanding track record of strong growth, service excellence, and shareholder returns. The Group operates across banking, payments, asset management, and pension administration in eleven countries, including Nigeria, the UK, and key African markets.

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