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Market women Exposed the many Atrocities of Iyaloja General of Lagos + pockets the association’s N50million largesse from APC – beats up men and women old enough to be her parents + modus operandi revealed

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If feelers reaching us are anything to go by, then Folashade Tinubu-Ojo, the Iyaloja general, has fallen short of expectations from all members of the Market Men and Women Association in Lagos.

It should be recalled that Folashade Tinubu-Ojo, daughter of the All Progressive Congress (APC)’s stalwart, Asiwaju Bola Ahmad Tinubu (Jagaban) became the Iyaloja general following the demise of her grandmother and predecessor, Alhaja Abibatu Mogaji.

However, it appears that there has been General dissatisfaction over the way she runs things and has been tagged a tyrant and oppressor by some of the market traders. She equally has been accused of being corrupt and act wickedly irrespective of whose ox is gored. Recently she was accused of sending some of her dreadful thugs to beat up the Babaloja mercilessly over his complaints on the deteriorating condition of the association that is at the brink of collapse under her oppressive rule. As if that was not enough, at another instance; she sent her thugs to also beat up the Iyaloja of mile12, Alhaja Iyabowale.

“These are some of the injustice and oppression we have been facing in the hands of Folashade Tinubu-Ojo”, says our source who begged for anonymity. “It is devastating as the center could no longer hold due to her harsh and unthoughtful leadership. Alhaja Abibatu Mogaji was a direct opposite of Folashade . Mama was really a mother and a goddess of a kind to everyone. She held the markets in the whole of Lagos in unity and was loved by all and sundry. She was always there for us and did not condone corruption. She loved transparency and would present things the way it is supposed to be. Unlike our mother as marketers fondly call her, Folashade the present Iyaloja general swims in corruption. She had collected money from most of the Ibo people in the markets and yank off posts from the authentic owners who are mostly Yorubas”.

According to our reliable source, she was collecting around 2.5 Million to 5 Million Naira from respective posts. The source continued “Gradually she has dominated all the important posts in the markets with the Ibo guys that have money to buy them. Some of the prominent members of the association like the Iyalaje general Lagos state, Alhaja Balikis Oluwatoyin Afolabi; the Iyaloja of mile 12 Alhaja Iyabowale and Iyaloja of Owolowo, Alhaja Idiat Olasunbo had on different occasions went to Folashade to complain on the unjust treatment meted out to the Babaloja and her habit of deposing the authentic owners of posts to give to the Ibo guys for huge money in return amongst other acts of atrocity and oppression. Instead of trying to turn a new leaf, she puts all those people in her black book”.

Other sources further revealed that many people are terrorized. In fact we heard that at any meeting at the state secretariat at 10, sunday Adigun st.off kaffi street Alausa-Ikeja, Lagos; she would harass people and even send some members out for no cogent reason. Some members even go to Sunday Adigun with escorts to protect themselves because no one could tell Folashade’s next line of action.

“When the All Progressives Congress gave out the whopping sum of 50 Million Naira to mobilize the market men and women, the Iyaloja general sat over the whole money. During campaign, Asiwaju Bola Ahmed Tinubu, her father noticed there was no support from the market people and called us. The matter was related to him, he begged us and gave us 10 Million Naira before we left his house and we shared the money between all the quarters without grudges from anyone. Upon that, Folashade called us thieves and insulted us like babies not even minding our age and status. Folashade Ojo loves money to a fault” claimed our source.

“When we tried to pick a new venue for our meeting, Asiwaju gave us land; we made a fence and bought blocks to develop the new site. She sent her hoodlums; they came and damaged our fence. They vandalized everything including all the blocks and the chairs we use at the venue. Severally, she had been reported to her father who is now fed up with her irrational behavior and does not actually know what to do to her. The case was at a time reported to the Oba of Ikeja and presently been taken to the Oba of Lagos who sent for her and spoke seriously to her on a faithful Sunday when she came to the palace with her full supporters dressed in the same attire with the inscription “Iyaloja general, Adunni Folashade. Either she would change or not, nobody knows”.

“All we pray for is that God should not allow Adunni Folashade Ojo  to break up the association that her grandmother toiled to keep as one”…

Sahara Weekly contacted the Iyaloja for her own side of the story but claimed she is busy at the moment.

iyaloja

 

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Business

Elite 18 global golfers honours Aare Adetola Emmanuelking with Nigeria’s first ever Noble Golfer award

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Elite 18 global golfers honours Aare Adetola Emmanuelking with Nigeria’s first ever Noble Golfer award

In a landmark celebration of sportsmanship, leadership, and vision, Aare Adetola Emmanuelking, the esteemed Chairman and Chief Executive Officer of Adron Homes and Properties, has been honored with Nigeria’s inaugural Noble Golfer Award. This prestigious accolade was conferred upon him by the renowned Elite 18 Global Golfers during a high-profile event that brought together key figures from the sports, real estate, and business sectors.

The Noble Golfer Award recognizes individuals who have shown steadfast dedication to advancing the game of golf and promoting sports culture in their communities. Aare Emmanuelking’s nomination exemplifies his exceptional commitment to enriching the golfing landscape in Nigeria, alongside his broader initiatives aimed at fostering sports development across the nation.

Aare Emmanuelking is not merely a business leader; he is a pioneer in integrating golf into modern lifestyle experiences. Currently, he is leading the ambitious development of a state-of-the-art golf course in Nigeria a monumental project that aspires to redefine leisure, tourism, and sporting excellence within the country. This golf course aims to provide a premier playing experience while also serving as a social hub for golfing enthusiasts and the community at large.

In a bid to make golf more inclusive and accessible, Aare Emmanuelking has also initiated the construction of advanced golf driving ranges in all Adron Homes Estates across Nigeria. This visionary project is designed to encourage participation in the sport among Nigerians of all ages and backgrounds, fostering wellness, recreation, and community engagement as integral parts of Adron’s residential developments.

At the award presentation, Aare Emmanuelking conveyed his heartfelt gratitude for the recognition, emphasizing his belief in the transformative power of sports as a vehicle for national development and youth empowerment. He remarked, “Golf is not just a game; it exemplifies discipline, a distinct lifestyle, and a pursuit of excellence. Through Adron Homes, we are not merely constructing houses—we are nurturing communities built on the foundations of wellness, unity, and opportunity.”

The Elite 18 Global Golfers commended Aare Emmanuelking’s innovative approach, highlighting how he effectively merges real estate advancements with world-class sports infrastructure. They acknowledged that his efforts have the potential to inspire a new generation of golfers and to position Nigeria as a premier destination for international golfing events.

As Aare Adetola Emmanuelking continues to break new ground in both the real estate and sports development arenas, receiving this award serves as a testament to his lasting influence—not only in the realms of business but also in cultivating a legacy of excellence, one fairway at a time. His contributions are poised to create lasting change, inspiring future generations and fostering a vibrant culture of sport and community in Nigeria.

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WHO IS AFRAID OF FIDELITY BANK -By Udeme Etukeyen

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WHO IS AFRAID OF FIDELITY BANK -By Udeme Etukeyen

Leading up to the recent superlative annual reports showcasing one of the most significant growth experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right?

My banking and financial sector experience got me digging deeper into the statistics of the report-Fidelity Bank recorded a substantial 210.0% growth in PBT, reaching N385.2 billion in FY 2024. Deposits increased by 47.9%, from N4.0 trillion in 2023FY to N5.9 trillion in 2024FY, Gross earnings shooting by 87.7% to N1,043.4 billion which was primarily caused by a 106.9% increase in interest and similar income. Was I impressed? Absolutely

Now to the scary part, they opened the year with a bang implying that 2025 year end results was going to be nothing but spectacular; check this out-Fidelity reported a whooping 167.8% increase in PBT (Profit Before Tax)to N105.8 billion in Q1 2025, compared to N39.5 billion in Q1 2024. Gross earnings from January to April had reached some N315.421 billion signaling a 64.21% increase year-on-year.

These results were nothing short of astonishing and with great hope I sat my team to review our Investment Strategy to accommodate taking up equities in Fidelity and advising our portfolio investors to do same.

We quickly appraised the fundamentals and Key Success Factors to include their focus on the strategic youth economy that the Creative and Digital Transformation sector promises, the banks bullish inroads in MSME promotion and financing, their glowing penchant for Gender inclusion without abandoning the core sectors of Mining, Renewables and other key industries

Then came the dissecting of Leadership, my team of analysts mostly female went on about Fidelity MD being one of the most experienced and affable Amazons in the industry; done this, achieved that and all the entreaties you’d expect from smart ladies who feel mentored from a distance. I didn’t hesitate to draw their attention to the experience of the menfolk within the organization like I had any measurable data to establish that mix…truth remains you can’t but admire the Banks Leadership and strides

A deeper look at the banks expansion globally could reveal a strategic and noiseless acquisition of Union Bank,London and their planned incursion into African and other European financial markets, you just can see that such daring strides and impact would give competition and detractors sleepless nights. Not in an era where sleeping pills are sold strictly by prescription and no thanks to the high cost of medication for peddlers of cheap propaganda

Within barely 30days of announcing such magnificent results little wonder how pundits would cook or spin a narrative to suggest a bank that has announced herself as First Tier with shoulders leveled up with other Banking giants would shudder over a judgement against her customer G.Cappa or even the contribution they would be required to cough out over that said Sagecom saga. With that judgement not going the way of pundits a contemptuous attempt at calculating interest at unclassified rates from an initial N14b to cause an unnecessary scare or negative press on the bank speaks volumes of how we unrepentantly strive to destroy value in our economy.

One would think that interpretation of the judgment and computation of due figures which will understandably come with a payment plan be awaited instead of the usual bad blood generated and envisaged by toddler media characters.

It is not in doubt that the discerning public sees through the cruise and flat falling attempt of dramatic clout chasers ever ready to stain Fidelity’s white apparel which savvy Investors and analysts are filled with bridal admiration

Like Joseph Campbell hinted in his famous quote “The cave you fear to enter holds the treasure you seek.” We cast our treasures and bets on Fidelity Bank as the Nigerian treasure house to beat in the years ahead!

*Udeme Etukeyen is an Abuja based Pan African Investment Advisory Expert*

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Business

Jemras Homes Unveils Treasure Mall in Lekki with a Star-Studded Grand Opening Ceremony

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Jemras Homes Unveils Treasure Mall in Lekki with a Star-Studded Grand Opening Ceremony

Jemras Homes, one of Lagos’ fastest-growing real estate firms, held a vibrant and star-studded grand opening of its debut commercial property, Treasure Mall, on Thursday, May 15, 2025, at Abijo GRA, Lekki-Ajah.

The colourful ceremony brought together top political figures, industry leaders, celebrities, and business stakeholders to celebrate the launch of this landmark development.

The event was graced by notable personalities, including Hon. Moshood Aro, member of the Lagos State House of Assembly; Hon. Fatiu Salisu, the immediate past Chairman of Ijede LCDA; and veteran actor and brand ambassador of Jemras Homes, Alhaji Taiwo Hassan, popularly known as Ogogo.

While addressing the press, Ogogo shared his deep connection with the brand “My relationship with Jemras Homes goes beyond mere brand representation — it’s a partnership rooted in trust, shared values, and a commitment to excellence. I believe in what the company stands for and the vision it’s bringing to life in the Nigerian real estate space.”

The Founder of Jemras Homes, Mr. Tayo Razaq, also delivered a heartfelt speech during the event, describing the company’s mission and the long-term value Treasure Mall offers “Treasure Mall is more than a building — it is a statement of our dedication to quality, innovation, and strategic investment. We are creating not just spaces, but opportunities that empower businesses and elevate communities.”

The grand opening was a lively affair, complete with music, entertainment, and testimonials from satisfied clients and partners who praised the transparency, quality, and professionalism of Jemras Homes. The atmosphere reflected the company’s growing reputation for delivering smart and stylish real estate developments.

Treasure Mall is a 1,350-square-meter, three-floor commercial complex offering business spaces ranging from 25 to 110 square meters. Located in the heart of Lekki’s flourishing Abijo GRA, it features ample parking, 24/7 security, and cutting-edge infrastructure — ideal for retail outlets, cafés, restaurants, and office spaces.

Strategically positioned near landmarks such as Lagos Business School, Novare Mall, and over 15 private estates, Treasure Mall also shares a boundary with the soon-to-be-completed Treasure 2 Residence — adding significant residential appeal to the area.

With this successful launch, Jemras Homes has not only unveiled a premium commercial destination but also reinforced its position as a visionary leader in Nigeria’s real estate sector.
[5/16, 8:41 AM] Peace: Pix

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