Business
Before You Buy Land This Ember Months in Nigeria, Read This Shocking Warning About Ibeju-Lekki – By Gbolahan Adetayo
Before You Buy Land This Ember Months in Nigeria, Read This Shocking Warning About Ibeju-Lekki – By Gbolahan Adetayo
As Ibeju-Lekki continues in its rapid rise as Africa’s fastest-growing real estate corridor, concerns are mounting over the increasing activities of land scammers targeting unsuspecting buyers, especially Nigerians in the diaspora returning home for the festive season.
Once a quiet suburb of Lagos, Ibeju-Lekki has transformed into a prime investment destination, driven by major infrastructural projects such as the Dangote Refinery, the Lekki Deep Seaport, and the proposed Lekki International Airport. These multibillion-naira developments have not only boosted commercial interest in the corridor but have also caused a dramatic spike in land value, turning the axis into a hotspot for real estate investors worldwide.
However, this boom has come with its own challenge and investment scammers are everywhere exploiting the Boom
Renowned Nigerian journalist, Gbolahan Adetayo has issued a strong warning to Nigerians abroad who intend to purchase land in Ibeju-Lekki during the upcoming Detty December holiday season. According to him, while genuine investors will return home eager to acquire property, others may fall prey to fraudulent individuals posing as real estate professionals.
“Christmas is almost here and the fact is that many Nigerians will smile to the bank, while others will return online shouting about being scammed after buying land from fake agents,” Adetayo cautioned.
“Shine your eyes. January is usually full of these heartbreaking complaints.”
Several cases of land fraud, illegal sales, and “Omo Onile” harassment have been reported in the media over the years, with victims particularly those abroad, losing millions to bogus companies.
The developer of the Seven Citadels of Joy tags Harmony Garden and Estate Developement is A Safer Option for not only Investors but for all Nigerians in Diaspora looking for Home Ownership Made Easy platform to become home owners at ease.
To help buyers avoid costly mistakes, Adetayo recommends sticking to trusted and verifiable developers. Among those he endorses are the estates owned by Harmony Garden and Estate Development Ltd, led by respected real estate entrepreneur Hon. Dr. Saheed Mosadoluwa a.k.a. Mr. Ibile and that is the man behind the 10,000 homes in 5 years initiative tags Ibile Traditional Mortgage System.
The recommended estates include as stated on the company official website : Home | Harmony Garden – Nigeria’s Most Trusted Real Estate Developer
Home | Harmony Garden – Nigeria’s Most Trusted Real Estate Developer
Secure land, property, and affordable housing with Harmony Garden. Trusted real estate developer in Lagos, Nigeria with flexible payment plans.
that house the seven estates which includes Granville Estate, Lekki Aviation Town, Majestic Bay, The Parliaments, Harmony Casa 2.0, Oju-Alaro GRA, and Harmonyville Estate all on Lekki-Epe Expressway, Ibeju-Lekki.
Harmony Garden is widely recognized for its zero-tolerance policy on corruption, land grabbing, and sharp practices issues that plague many parts of Ibeju-Lekki.
Why Harmony Garden Estates Keep Appreciating:
Beyond integrity, experts attribute the rising value of Harmony Garden estates to strategic land banking within Ibeju-Lekki’s development belt. The company’s estates are strategically positioned around critical infrastructure, such as:
Dangote Refinery, which is already reshaping industrial activity, Lekki Deep Seaport, boosting international trade, Lekki International Airport project, set to increase commercial traffic and residential demand, A rapidly expanding network of roads, industries, and residential hubs.
These factors have made the corridor one of Nigeria’s most lucrative real estate zones, with land prices rising significantly year after year.
Harmony Garden prides itself on transparency, ethical dealings, and long-term value creation. The company has earned national recognition as one of Nigeria’s top-selling real estate firms, focusing on quality, affordability, and accessible housing for all income levels.
“In an industry frequently tainted by fraudulent operators, Harmony Garden stands out for integrity,” Adetayo noted. “This is why I always recommend them for anyone buying property in Ibeju-Lekki.”
As Nigerians in the diaspora prepare to return for the festive holidays, the message is clear: invest wisely, verify every detail, and work only with trusted developers. With Ibeju-Lekki’s transformation accelerating, the stakes and the risks are higher than ever.
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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