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Meet the Agege Boy who Built A $650 Million Luxury Real Estate Empire from Scratch

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Meet the Agege Boy who Built A $650 Million Luxury Real Estate Empire from Scratch

Meet the Agege Boy who Built A $650 Million Luxury Real Estate Empire from Scratch

 

 

From Agege to Ikoyi, Dr. Olasijibomi Ogundele, GMD Sujimoto Group, has grown up to belong to a rare breed of men who possess the ability to consistently go the extra mile and do more than they say. ‘If he promises you a hill, better be sure you’re getting a mountain’.

 

 

Meet the Agege Boy who Built A $650 Million Luxury Real Estate Empire from Scratch

 

In an undercelebrated real estate sector where over 27 banks have only a 2.5 percent appetite for investment, the entrepreneurial mogul has successfully scaled from constructing a few units of luxury apartments to now building the tallest twin tower in Africa. Dr. Ogundele beams with the glow of perpetual investors’ confidence in an environment notorious for its herculean business climate.

 

 

 

 

The poster boy from the rusty slums of Agege, with the help of the Almighty, has turned the lemon life dealt him into lemonade by raising the bar for luxury living in Africa and putting Nigeria on the world’s list.

 

 

 

Like some of his peers, Dr. Olasijibomi has, over the years, sailed troubled waters, navigating numerous business tides with the grace and nous of a veteran captain. 12-12-2015 serves as an important reference point, when Nigeria witnessed the unveiling of the most audacious project in the real estate industry, The LorenzoBySujimoto. Although the ambitious project couldn’t continue after going through a lot of difficulties in 2016 due to the economic recession, government policies, and a disabling environment, even the only investor who said ‘yes’ as of then looked at the pressing economic situation and then pulled the last straw that broke the camel’s back, bringing the project to a halt.
Little did society know that the halt of this ambitious project would birth multiple folds of other successful projects like GiulianoBySujimoto, which sold out six months before completion, as well as the almost completed LucreziaBySujimoto (The Most Sophisticated building in Nigeria). Today, Providence has once again smiled on this astute entrepreneur and the brainchild behind this real estate powerhouse, as he has been included in the unique list of industrious changemakers who consistently create opportunities and impact through their remarkable projects and audacious business models.

 

 

 

 

The young CEO and Luxury Czar beams among the honourable list of outstanding African Changemakers such as Mr. Tunde Folawiyo, Nwankwo Kanu, Osimhen Victor, and Linda Ikeji, creating extraordinary footprints and providing leadership in their spheres of influence.

 

 

 

 

The luxury real estate Maestro didn’t just stumble on this feat with mere word of mouth, but through sheer hard work and utmost dedication. In fact, no one would have thought a young man from the remote corners of Agege would build a $650 million luxury real estate powerhouse from scratch, a testament to his strong, resolute, and resilient business mind.

 

 

 

 

Where laudable economic achievements are rare, capital is scarce, and government assistance is almost nonexistent, young Olasijibomi Ogundele, just like a rose that sprouted from concrete, has today, through passion and dedication, created the ultimate standard for luxury living in Africa with Sujimoto Group while revamping the real estate industry, which was previously dominated by top-grade mediocrity and profit maximisation over value creation.
Sujimoto Group, in less than a decade, has transformed into a Luxury real estate behemoth, focused on building extraordinary edifices in the premium neighbourhoods of Ikoyi and Banana Island. With annual revenue of approximately $50 million and many projects in the pipeline, Dr. Ogundele believes Sujimoto Group, as of today, is worth over $650 Million.

 

 

 

Dr. Ogundele ranks among a few entrepreneurs from Africa that can rub shoulders with other top businessmen around the globe as he commands respect in the Nigerian business sector, succeeding in engraving his name in the hearts of the generality of his high-end customers and business associates.
For the young CEO, success is no respecter of race or face; it only answers to hard work, God’s grace, integrity, and the spirit of excellence. In building the most gossiped-about building in Banana Island, LucreziaBySujimoto, he dared architectural complexities by erecting the tallest and most sophisticated residential building with never-seen-before facilities in Nigeria.
Now, the Beau De’ Monde of Luxury Living is on the cusp of creating the finest expression of waterfront living reserved for the lucky few luxury aficionados: The LeonardoBySujimoto an ultimate address where design artistry meets ultimate sophistication.

 

 

 

 

Nested in the Shimmering corners of Banana Island (Africa’s most expensive square metre) that is home to billionaires like Abdul Samad Rabiu, Sayyu Dantata, Mike Adenuga, amongst a host of other managing directors of multinationals as well as ambassadors, the extravagant 25-floor Leonardo high-rise building comes with high-end appliances and exceptional facilities that are second to none.
Forget every notion of luxury you’ve ever seen, The LeonardoBySujimoto waterfront project accentuates as the pinnacle of opulence that draws Inspiration from the iconic 16th-century artist and Renaissance man, Leonardo Da Vinci, embodying a standard of luxury that is rarely witnessed, standing at the very core of sophistication, art, and architecture.

 

 

 

 

LeonardoBySujimoto comes with limited-edition sanitary ware by Zaha Hadid, as well as other top-of-the-line features and facilities such as full home automation, Offending mediocrity interior by renowned luxury brand Fendi, a fully fitted European Standard kitchen, 3 metre doors, Duravit’s by Phillip Stark, Award-winning sanitary ware, Simone Saragoni’s Technogym Olympic size temperature-regulated swimming pool, Mini-mart, Mini-clinic, Hair salon, interactive lobby of 5-star hotel standard, squash court, 48-seater B&0 standard IMAX cinema, indoor virtual golf, luxury spa, bar & Lounge, and many more.
It is paramount to note that over the years, Sujimoto Group ‘The Talk and Do’ luxury real estate giant has established a firm reputation with its successfully scaled projects, based on a solid brand identity and philosophy of keeping stakeholders and customers at heart. The brand has over time established cash cow projects that have seen over 200% ROI for current investors as well as stakeholders.

 

 

Meet the Agege Boy who Built A $650 Million Luxury Real Estate Empire from Scratch

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Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour

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Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour

 

 

 

Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”

 

Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.

 

The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.

 

This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.

 

Speaking on the collaboration, the Laffmattazz team stated:

 

“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”

 

As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.

 

With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.

 

 

About Laffmattazz

 

Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.

 

About First Bank of Nigeria Limited

 

First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.

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Opinions divided over Pasuma Jaiye Kuti proposed wedding 

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Opinions divided over Pasuma Jaiye Kuti proposed wedding 

 

 

The current threading in *entertainment* world of speculated society marriage between oganla Fuji, Wasiu Alabi Pasuma with Nollywood icon, and widely acclaimed Queen of the tube jaiyeola Kuti has brought out different opinions amongst the fans and entertainment personnel.

 

What started as a rumour and mirage is gradually turning to reality and some fans are saying it’s not possible for Jaiye Kuti who is one of the scandal free Nollywood actress to be involved in such an unholy union with Pasuma

Most people who spoke with our correspondence, are of opinion that such a marriage can only happen in a mirage sessions and in Nollywood movies that apart Jaiye Kuti been responsible and married with children, Pasuma is someone who have vowed not to married and have a woman under his roof.

But to some also, it’s not impossible as artistes are known to be engaging and married to each other after denied and counter claims, which made and at the end they will go ahead and married . With this most people believe that truly there’s marriage in offspring for both celebrities While both parties refused to comment on the trend controversial issues about the whole issue , the world is anxiously waiting if this well circulated story of Pasuma getting married to Jaiye Kuti will come to pass or it will turn out to be a mirage.

Either way the die is cast as all eyes will be on Jaiye Kuti and Pasuma with searchlight on Nigeria entertainment industry once again

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PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

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PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

 

President Bola Ahmed Tinubu has congratulated his Senior Special Assistant on Digital Engagement, Strategy and New Media, Mr Otega Ogra, on his election to the Executive Committee of the World Federation of Advertisers (WFA).

 

The election took place today at the organisation’s Annual General Meeting, held during the Global Marketing Week Conference in Stockholm, Sweden.

PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

President Tinubu described the development as a significant step for Nigeria’s growing influence in global communications.

 

He noted that Mr Ogra’s emergence as the only representative from West Africa and Sub-Saharan Africa on the Executive Committee reflects the depth of Nigerian expertise and the contribution of a new generation of young Nigerian professionals to global industry standards.

 

Mr Ogra was elected to the Executive Committee on the platform of the Advertisers Association of Nigeria (ADVAN), underscoring the role of Nigeria’s organised advertising and marketing industry in shaping representation at the global level.

 

The WFA is the leading global body for advertisers, representing over 150 multinational and Fortune 500 companies, alongside national advertiser associations across more than 60 countries, with a combined annual marketing spend running into hundreds of billions of dollars. Its Executive Committee is the organisation’s highest decision-making body, responsible for setting priorities and guiding global policy on responsible advertising, media transparency, sustainability, and the evolution of digital ecosystems.

 

President Tinubu noted that Mr Ogra’s election is both a personal distinction and a strategic opportunity for Nigeria and the African continent, placing them at the centre of global conversations on brand trust, platform accountability, innovation and the future of marketing and communications.

 

The President commended Mr Ogra, who also serves as Vice President of ADVAN, for his sustained contributions to strengthening Nigeria’s marketing and communications ecosystem, drawing on a career spanning leadership roles across the banking, manufacturing, and public sectors.

 

“Otega’s election reflects the growing recognition of Nigerian expertise and affirms our capacity to contribute meaningfully to the frameworks shaping global markets,” the President said.

 

President Tinubu added that the achievement aligns with his administration’s Renewed Hope Agenda, particularly in advancing the creative economy, strengthening digital governance, and positioning Nigeria as a competitive hub for innovation and enterprise.

 

Josh Faulks, CEO of the Australian advertiser association (AANA), and Simon Michaelides, Director General of the UK advertiser association (ISBA), also join the leadership team.

 

Current members of the executive committee, David Wheldon, President and Philip Myers, Deputy President, who is also the Chief Institutional Affairs and Corporate Communications Officer at Ferrero, continue in their current roles, as do all regional vice presidents.

 

 

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