Business
United Nations partners Sterling One Foundation to convene the Africa Social Impact Summit
United Nations partners Sterling One Foundation to convene the Africa Social Impact Summit
Sterling One Foundation has announced a partnership with the United Nations to host the Africa Social Impact Summit (ASIS) 2023 in August.
The event which will hold on August 10-11 at the Eko Convention Center, Lagos, will bring together key stakeholders in the African development space, including corporate executives, impact investors and development experts from various United Nations (UN) bodies and donor agencies, according to Mrs. Olapeju Ibekwe, CEO of Sterling One Foundation.
Other stakeholders expected at the event are leaders of non-governmental organizations (NGOs), heads of government parastatals, international investors, private equity firms, as well as members of the general public who have deeply invested in the growth and progress of Africans, she said.
Mrs. Ibekwe explained, “The Africa Social Impact Summit, is Sterling One Foundation’s flagship platform that collaboratively brings together all players in the African development space to share ideas, learnings, and plans to ensure the holistic achievement of the Sustainable Development Goals (SDGs 2030 and Agenda 2063).”
She explained that ASIS is focused on giving various social impact players the right setting to discuss practical solutions to the continent’s challenges across climate action, circular economy, health, education, youth empowerment, renewable energy, and other sectors.
According to her, this year’s summit aims to structure agreed-on solutions into a comprehensive approach with the potential for long-term impact on the continent by providing more opportunities for more people and equitable access for everyone.
Speaking on the partnership, the Resident and Humanitarian Coordinator for the United Nations in Nigeria, Mr. Matthias Schmale expressed delight at the partnership noting that convening the Africa Social Impact Summit was timely and highly relevant. He said that against the backdrop of the pandemic, the Ukraine war and the negative socio-economic impact these and other crises have had on the global 2030 Development Agenda, it is more urgent than ever to rescue the SDGs and to accelerate their achievement in Nigeria and across the continent. He added that the Africa Social Impact Summit provides an excellent platform for key development stakeholders in the country and on the continent to explore how to move forward together and find common solutions across borders.
Besides panel discussions, the Summit will also feature a deal room, which will allow innovative entrepreneurs pitch to a curated set of impact investors in a bid to access new investments for their businesses to help deepen their impact and scale their sustainable solutions.
The Sterling One Foundation is a vehicle for positive social impact across critical sectors of the economy. Driven by the unique challenges facing Africa and the need for progressive change, it is committed to being the benchmark of positive social impact in Nigeria by creating sustainable solutions for youth empowerment and job creation via impactful sectors.
The United Nations is an international organization founded in 1945. Currently made up of 193 Member States, the UN and its work are guided by the purposes and principles contained in its founding Charter. Besides its focus on development, the UN also promotes peace across the globe and assists governments and their citizens in overcoming humanitarian challenges.
Intending participants can register on www.theimpactsummit.org.
ZENITH BANK LIGHTS UP AJOSE ADEOGUN STREET, USHERING IN THE YULETIDE SEASON
In keeping with its acclaimed annual tradition, Zenith Bank once again set the stage for the Yuletide season with the Light-Up of Ajose Adeogun Street and Roundabout, Victoria Island, Lagos on Saturday, 23 November 2024. The Light-Up ceremony was performed by the Group Managing Director/Chief Executive of Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON.
The Light-Up ceremony is a Corporate Social Responsibility (CSR) initiative of Zenith Bank. Now in its 18th year, the beautiful Christmas decoration, which transforms the entire stretch of Ajose Adeogun Street (home to Zenith Bank’s Corporate Headquarters) and Roundabout into a breathtaking yuletide wonderland, has come to be recognized as an iconic tourist attraction, bringing visitors from far and wide who visit with their families and friends to take pictures and enjoy the ambience of the street.
Speaking during the ceremony, Dame (Dr.) Adaora Umeoji said “Over the years, Zenith Bank has hosted this spectacular event, transforming the entire Ajose Adeogun Street into a breathtaking yuletide wonderland. Our beautiful and elaborate Christmas decorations have become a centre of attraction and shared on social media platforms globally. As we light up the street tonight, we celebrate the essence of Christmas and Zenith Bank’s unparalleled CSR. Our customers will always be at the centre of all that we do in Zenith Bank.” She urged everyone to imbibe the message and spirit of Christmas which is about love, kindness, generosity and respect for humanity, and thanked the Lagos State Government for creating an enabling environment for the initiative.
She also praised the efforts of Quantum Markets, who have been responsible for the annual decorations, for their expertise and creativity in putting together the lovely decorations. In her words, “I want to thank the management of Quantum Markets for all the beautiful, creative and innovative ideas they keep coming up with. Quantum Markets always make it bigger and better every year, and we are always looking forward to it.”
Zenith Bank remains committed to furthering the economic, cultural and social development of its host communities. The bank’s sustainability and CSR initiatives are hinged on the belief that today’s business performance is not all about the financial numbers – the bank believes that an institution’s social investments, contributions to inclusive economic growth and development as well as improvements in the condition of the physical environment, all constitute a balanced scorecard.
As a testament to its contributions and social investments in its host communities and the society at large, the bank was recognised as the “Most Sustainable Bank, Nigeria” in the 2023 and 2024 International Banker Banking Awards and “Most Responsible Organization in Africa” at the Sustainability, Enterprise, and Responsibility (SERAS) Awards 2021.
Top 10 Places Where Smart Money Flows in Lagos Real Estate in 2024 by Dennis Isong.
Last week, my friend Chidi called me in a panic. “Bros, I just inherited ₦50 million from my extremely wealthy uncle, and my wife wants us to buy land in Banana Island!” he exclaimed. I couldn’t help but laugh. “Chidi,” I replied, “with ₦50 million, you can’t even buy a decent-sized parking space in Banana Island.” That’s the reality of Lagos real estate – a market where dreams meet practicality, and smart investors look beyond the obvious.
As Lagos continues its relentless expansion, new investment opportunities are emerging in previously overlooked areas. Let’s explore the top 10 real estate investment hotspots that promise significant returns in 2024.
1. Sangotedo
Once considered the backwoods of Lekki, Sangotedo has transformed into a real estate goldmine. With the completion of several major road networks and the presence of notable institutions like the Lagos Business School, property values here have appreciated by over 40% in the last two years. The area offers a perfect blend of residential and commercial opportunities, with land prices still reasonable enough for medium-scale investors.
2. Ikorodu North
Don’t roll your eyes just yet! Ikorodu North, particularly around Ijede Road, is experiencing unprecedented development. The ongoing road expansion project and the proposed Fourth Mainland Bridge access point have triggered a surge in property values. Early investors are already reaping rewards, with some reporting up to 60% appreciation in just 18 months.
3. Epe
The quiet transformation of Epe into a major industrial hub is perhaps Lagos’s best-kept real estate secret. With the Lekki Deep Sea Port now operational and the Dangote Refinery nearby, Epe’s real estate market is on steroids. Focus on areas around the Lekki-Epe Expressway and the new Epe Resort Road.
4. Badagry
History is repeating itself in Badagry, but this time with property values. The completion of the Lagos-Badagry Expressway project has opened up unprecedented opportunities. International investors are quietly acquiring large land parcels here, particularly around the Free Trade Zone area. The planned seaport project makes this a long-term investment goldmine.
5. Abijo GRA
Situated between Ajah and Ibeju-Lekki, Abijo GRA represents the new face of luxury suburban living in Lagos. The area benefits from excellent infrastructure and proximity to major developments along the Lekki corridor. Property values here have shown consistent appreciation, with a remarkable 35% increase in the past year alone.
6. Isheri North
This area’s transformation from a flood-prone zone to a prime real estate location is nothing short of miraculous. Improved drainage systems and the completion of several estate projects have boosted investor confidence. The proximity to both Lagos and Ogun states makes it a unique investment opportunity.
7. Bogije
Located along the Lekki-Epe Expressway, Bogije is experiencing a real estate renaissance. The area benefits from its strategic location between developed Ajah and the industrial hub of Ibeju-Lekki. Land prices here are still relatively affordable, making it attractive for both individual and institutional investors.
8. Agbowa
Don’t let the distance fool you. Agbowa is emerging as Lagos’s new industrial frontier. The state government’s focus on developing this area as an industrial hub has sparked interest from real estate investors. Early birds here stand to gain significantly as industrial development drives residential and commercial property demand.
9. Alimosho
As Lagos’s largest local government area, Alimosho continues to offer diverse real estate opportunities. The focus areas are around Ikotun-Igando and Ayobo-Ipaja axes, where improved road networks and the proposed rail line are driving property appreciation. The high population density ensures steady rental income for residential properties.
10. Ibeju-Lekki
Despite being an obvious choice, Ibeju-Lekki deserves its spot on this list. The area around the Lekki Free Trade Zone continues to appreciate, driven by industrial developments and improved infrastructure. However, smart investors are now looking at secondary locations within Ibeju-Lekki, particularly areas around Eleko Junction and Akodo.
Investment Tips:
Due diligence is crucial. Always verify land titles and obtain necessary documentation.
Consider infrastructure development plans when making investment decisions.
Long-term holds typically yield better returns in Lagos real estate.
Partner with reputable real estate professionals for guidance.
Keep an eye on government policies and development plans.
Remember Chidi? He eventually invested in two plots in Sangotedo instead of chasing the Banana Island dream. Six months later, a major tech company announced plans to build their campus nearby, and his property value jumped by 25%. Sometimes, the best investment opportunities aren’t in the most obvious places.
As Lagos continues its march toward becoming Africa’s premier megacity, these locations offer varying degrees of opportunity for different categories of investors. Whether you’re looking for quick appreciation or steady long-term growth, understanding these hotspots’ unique characteristics and growth drivers is crucial for making informed investment decisions.
The key to success in Lagos real estate remains the same: buy where development is going, not where it has been. As we navigate through 2024, these areas represent the sweet spot where opportunity meets affordability, promising significant returns for discerning investors.
Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041
Business
Why Nicholas Auto Solution Is The Leading Automotive Solution in South Africa ….Reasons To Patronise Them
Why Nicholas Auto Solution Is The Leading Automotive Solution in South Africa
….Reasons To Patronize Them
Evan Esar said “Some men take good care of a car; others treat it like one of the family”. Interestingly, Nicholas Auto Solution is arguably the leading automotive solution in South Africa. Owned by HRH, Dennis Ainabel Iseghohimen, NAS as the company is known for excel as the haven of auto solution to all brands of vehicles.
As reflected in their mission statement which is to serve customers and always deliver the highest level of customer service; to develop their team and strive to constantly improve; and to conduct themselves in an environmentally responsible manner, testimonies from customers affirm the fact that NAS is the best place to pamper your wonders on wheels.
Checks revealed that they provide excellence in motion with leading automotive solutions, and expertise in fast, affordable, and reliable auto services.
According to Kailash Rabikissoon , “I highly recommend this company if you need your car serviced or repaired , the staff is very friendly and honest and they are well trained in what they do, i previously took my 335i to them for a service and I’m really impressed with their level of expertise and service”.
TK Komape commended their Excellent customer service. “Clutch repair on the automatic Suzuki Dzire was excellent. Car starter was also repaired and the car is 100%. They are professional and responsive. Recommended”
Elijah mc master “Wonderful Service treated me very well and assistance and hospitality is great.Definitely recommend this Car Service Company, Went for my Brake service and repair and am satisfied.Thank You So Much.
Services”
Shailin Naidu “Excellent service. Brought my Citroen C3 in with an overheating problem,went to multiple places and couldn’t find the cause. It’s finally sorted now”
Shakhin Dinna, “Perfect service, my car was repaired in time with excellent service from the employees”
Kaiyal Ramsamy, “Brought my citi golf in for an engine swap, pleased with the results. Thanks NAS and team”
Leigh Cooke, “Excellent service by NAS Team. Quick response, efficient repair and reasonable rates”
gloria kamana, “The service was amazing and quick
I was treated like a queen. I recommend you guys to try NAS”
Osaretin e “Dollar6ix” Asemota, “Job was perfect and service is excellent”
HRH Dennis Ainabel Iseghohimen is the Chief Executive Office of the popular Nicholas Auto Solutions in Johannesburg, South Africa. His accomplishment has made him excel amid his contemporaries.
The well-achieved engineer, HRH Dennis is also the founder of the broken wall foundation, where he caters for aged men and women in the society, in terms of welfare and shelter. However, In South Africa, he is also a strong supporter of Nelson Mandela’s foundation.
Over the years, His Royal Highness Dennis Iseghohimen has been putting smiles on the faces of people around through his foundation, the Repairer of Broken Wall Foundation, whose responsibility is to help those aged from the age of sixty and above in his community in Edo State, Nigeria. The foundation has been in the front runner to empower people with their challenges.
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