₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,273 members, 8,421,101 topics. Date: Friday, 05 June 2026 at 06:58 PM

Toggle theme

MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessMTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic (22066 Views)

1 2 3 4 Reply (Go Down)

Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by anonimi: 3:04am On Mar 14, 2025
helinues:
Good

Lagos state is becoming more conducive for business to thrive in Nigeria

Kudos to the current governor, SanwoOlu
What % of Lagos state is Eko Atlantic and other private estates compared with the entire state that remains a water-less glorified ghetto as reflected in the city’s ranking among global cities huh

obonujoker:
Liveability indicators
1 — 🥷Stability
2 — 🏥Healthcare
3 — 🪘Culture & Environment
4 — 📚Education
5 — 🚧Infrastructure

2024 LEAST LIVEABLE CITIES

TOP 10
1 🇸🇾Damascus, Syria
2 🇱🇾Trioli, Libya
3 🇩🇿Algiers, Algeria
4 🇳🇬Lagos, Nigeria
5 🇵🇰Karachi, Pakistan
6 🇧🇩Dhaka, Bangladesh
7 🇿🇼Harare, Zimbabwe
8 🇵🇬Port Moresby, Papua N Guinea
9 🇺🇦Kyiv, Ukraine
10 🇻🇪Caracas, Venezuela

#Statisense
(The Economist)
Lawmaker scores Lagos Water Corporation low

A Lagos State lawmaker, Mr Saka Fafunmi, on Thursday expressed dissatisfaction at the performance of the state Water Corporation.

Fafunmi, a member of the Lagos State House of Assembly (LAHA), said in Ikeja that the corporation had not been able to justify statutory allocations to it.

The lawmaker, who represents Ifako-Ijaiye Constituency 1 at the assembly, spoke to the News Agency of Nigeria (NAN).

He said that the corporation had the capacity to generate much fund internally through water rates but had relied solely on government funding because of poor performance.

'' Anyone that is using water will be willing to pay for it; the corporation has not been giving us water.

"Is there any new community that Water Corporation has given water? People depend on boreholes; even government estates have industrial boreholes.

"Why do we keep pumping money into an agency that does not give us the desired results?'' he asked.

He noted that the Adiyan Waterworks was located at Ifako-Ijaiye, where many of the residents had resorted to digging boreholes as a means of getting water.

''A lot of people are falling sick because they don't drink clean water.

''In the same compound, where you have sewage, is where you have a borehole.

''There is no way you can manage the sewage that it will not leak and pollute the water; everyone drinking such is drinking contaminated water,'' he said.

The lawmaker urged the corporation to increase water reticulation and supply to residents.

From: http://www.punchng.com/politics/lawm...rporation-low/
https://repository.upenn.edu/cgi/viewcontent.cgi?article=1056&context=mes_capstones;Ensuring
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by helinues: 3:05am On Mar 14, 2025
anonimi:
What % of Lagos state is Eko Atlantic and other private estates compared with the entire state that remains a water-less glorified ghetto as reflected in the city’s ranking among global cities huh
Stop wailing on my mentions all the time.

Make you try and have respect for yourself
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by anonimi: 3:08am On Mar 14, 2025
JaskanFactor:
soon to become the only safe place in Nigeria
Does this mean that Tinubu screwed up and scammed us into buying the APC change messiah he called expired four years before he alone made him president to earn his ebilokan turn for continuity last election huh

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by UncleJJ(m): 3:55am On Mar 14, 2025
Seyi8750:
No wonder mtn data charges skyrocketed. To hell with MTN. To hell with FGN. To heaven with PDP. lol.
This one get small sense ! wink
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by greypencils: 4:16am On Mar 14, 2025
Lagos is for the rich, Eko Atlantic is for the super-rich.

You might not like Tinubu but you have to applaud him for his vision of Eko Atlantic.
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by greypencils: 4:17am On Mar 14, 2025
papyjaypaul:
It will be called the New Island and VI and its environs will be called Old Island.

Old market road.
New market road.

Old money, new money.

My son, that is life. There is nothing to this world but fantasies. One time, Opebi Allen was the mecca for parties, now it's on the Island, very soon, it may be near Dangote Refinery.

World Trade Center was a tourist destination and then the Emirati built their own Burj Khalifa. Tomorrow, China will build their own and people will flock to the place.

Don't rush after new things because it will become old one day. Dear young people, all the luxury you are chasing today, no one will want to touch it again. That is life for you. Read between the lines to get the message in this post.
Wisdom spoken. Pray others learn.
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:20am On Mar 14, 2025
chopnaira:
Tinubu really got it right on this Eko Atlantic and the Lekki free trade zone. A man with vision.
I remember when one Ibo guy stated on one YouTube channel that EAC development is being dragged because Igbo people have stopped investing in Lagos
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:27am On Mar 14, 2025
jaxxy:
Nice but the city still in early stages and with no clear blueprint.
Are you sure of what you are saying?
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:32am On Mar 14, 2025
jaxxy:
My dear brother I don't know if ure a bigot or not but if so that's a pity..

In anycase I was born and breed in lagos i didn't migrate here like tinubu from osun so I have know lagos from its earliest days however I appreciate the new work done and the Eko Atlantic City. I said what I said as a lagos boy because I expect Eko Atlantic to follow the rich, enterprising and entertaining path of dubai and not banana island.

If there is a blue print which I believe there is and I have seen abit on social media explain its vision I'm yet to see a very clear blueprint. That's all
You forgot to add that you are Oba of Lagos son.
Ehn...chinedu??,
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:33am On Mar 14, 2025
sulaak:
It has more to do with Tinubu himself using his position as president to get favours. Tinubu is the silent majority owner of Eko Atlantic.
Better than all your politicians in your regions that invested their stolen money in DUBAI
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:34am On Mar 14, 2025
Kennyswag:
lies. $6b to reclaim land? Oga rest. The project costs $6b to build. That is even what was written in their site. They didn't specifically mention it was for reclaimation.
You are not making sense.
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 4:35am On Mar 14, 2025
mikeapollo:
Lagos has always been attractive to businesses because of the infrastructure that was put in place when it was the federal capital. It is not because of any state governor.
Democracy has also attracted a lot of foreign investments into Nigeria and Lagos is the preferred destination because of its population and presence of other businesses which had been attracted to the place due to all the economic benefits and previous status as former federal capital.
Well.....you are not making any sense
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by ExpertEDITOR: 4:41am On Mar 14, 2025
jaxxy:
My dear brother I don't know if ure a bigot or not but if so that's a pity..

In anycase I was born and breed in lagos i didn't migrate here like tinubu from osun so I have know lagos from its earliest days however I appreciate the new work done and the Eko Atlantic City. I said what I said as a lagos boy because I expect Eko Atlantic to follow the rich, enterprising and entertaining path of dubai and not banana island.

If there is a blue print which I believe there is and I have seen abit on social media explain its vision I'm yet to see a very clear blueprint. That's all
If you like, have 3 generations in Lagos. You are not a lagosian. You are Omo Ibo.
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by occfx: 5:24am On Mar 14, 2025
princepee:
huh Will that make their data price to come down.

They are just drinking my data like water
Stealing not drinking... The way they are zapping data like anaconda
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by bellosulaiman(m): 5:34am On Mar 14, 2025
Great100000:
Source: https://techcabal.com/2025/03/13/mtn-nigeria-joins-big-firms-relocating/
And one useless minister said they are not profitable? May God pun!Sh that minister and his cronies !
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Dawn91(m): 5:42am On Mar 14, 2025
nedu666:
Oga where did dangote say he is relocating to eko. The man said he is tired from completing refinery let him rest
Exactly,I don't know why the author of this piece lied
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Honestey: 5:54am On Mar 14, 2025
Lagos is now finally becoming the main sole of Nigeria. Eko o ni baje ooo
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Nobody: 6:56am On Mar 14, 2025
lailo:
All oil companies, telecommunications and other international companies are moving their headquarters there.
Igbo go cry faya grin
Wetin Tinubu see sitting down, let 1 million igbo leaders climb ontop themselves, dem no go see grin grin grin
Hahahahahaha illiterate and coward everywhere, I think say Yoruba people get sense until I start to see this type of comments, na the same Igbo people dey buy off this your Lagos land, small time now you and your fellow hungry yorubas go start wailing and telling Igbos to leave your Lagos. Mkpi Awusa
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Konquest: 7:00am On Mar 14, 2025
Great100000:
MTN Nigeria, the country’s largest mobile network operator, is building its new headquarters in Eko Atlantic, joining a growing list of large firms relocating to the 10-square-kilometer city, including First Bank and Dangote Group. The United States Embassy is also developing a new diplomatic facility in Eko Atlantic, drawn by its promise of high-end infrastructure, modern office spaces, and a well-planned city layout.

MTN Nigeria CEO Karl Toriola confirmed on Wednesday that the company’s new headquarters will be situated in Eko Atlantic, four years after first announcing plans to build a new head office. MTN is the first telecom operator to build in the coastal city, signaling confidence in its potential as one of the premier business hubs in Nigeria.


“Beyond connectivity, we are committed to making long-term investments in Lagos. As part of this commitment, we have acquired a piece of land in Eko Atlantic City, and we will commence construction once we have gotten the equipment,” Toriola said at the MyLagosApp launch event in Lagos.

Eko Atlantic City was launched in 2008, with land reclamation starting the same year. Located next to Victoria Island, Lagos’ main business district, it aims to become the city’s most advanced commercial hub. With its modern infrastructure and strategic location, Eko Atlantic is attracting corporations, real estate investors, and high-profile organizations looking for a well-planned business environment.

Toriola did not disclose the construction cost, but sources familiar with the matter estimate it to be in the millions of dollars. Land prices in Eko Atlantic City—divided into three phases— vary based on size, location, and intended use. Phases 1 and 2, designated for mid- to high-rise developments, have plot sizes starting at approximately 2,200 square meters with a starting price of $1,150 per square meter. Phase 3, intended for low-rise residential houses with plot sizes starting at around 1,200 square meters, is priced at $1,050 per square meter.


Additional costs such as agency and administrative fees can increase the total price per square meter. For instance, a 3,336 square-meter plot was listed on propertypro.ng for ₦5 billion, translating to about $1,200 per square meter.

MTN Nigeria is also constructing West Africa’s largest Tier 4 data center in Lagos. The facility will house 1,500 racks and operate as a carrier-neutral hub, allowing multiple Internet Service Providers (ISPs) and cloud service providers to interconnect. Toriola also confirmed to TechCabal that the data center will not be situated within Eko Atlantic but on the Lagos mainland.

“With seven degrees of connectivity, this facility will be the most sophisticated data hub in the region, further strengthening Nigeria’s position as a leader in digital transformation,” Toriola said.


Source: https://techcabal.com/2025/03/13/mtn-nigeria-joins-big-firms-relocating/
That's an impressive move from Karl Toriola. A lot of high-networth corporations are gradually moving to Eko Atlantic City (including the United States Embassy which has already started construction).

For those who are not aware, the location of Eko Atlantic City was solid ground decades back going to 50 years ago, but the raging Atlantic Ocean and rising waters due to the melting of the North Pole as a result of global warming gradually swallowed the original oceanfront land and horrendous yearly floods overwhelmed Victoria Island back in the late 1990s right into the 2000s.


The foresight and sagacity of the former Governor of Lagos now President Tinubu saw him going into a PPP with Chagoury Group to reclaim the original land that had been lost to the ocean using advanced technology to simply dredge sand from the ocean floor right back to the land and a sea wall was also built.
Former President Bill Clinton of the United States was at Eko Atlantic City to officially launch the new city with others.


Indeed, knowing how endangered the Bar Beach and the entire Victoria Island were back in the day, and seeing how the very heavy yearly ocean water floodings on Victoria Island have since stopped, I give big props to everyone who made Eko Atlantic City happen.
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Atarakpa: 7:33am On Mar 14, 2025
nedu666:
Oga where did dangote say he is relocating to eko. The man said he is tired from completing refinery let him rest
he is building his head office on Alfred rewane road ikoyi close to falomo
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by dalass(f): 7:46am On Mar 14, 2025
princepee:
huh Will that make their data price to come down.

They are just drinking my data like water
The data consumption no be here. They will increase data cost to cover their building at Atlantic City in Lagos undecided

Lord help us grin
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Truvelisback(m): 7:47am On Mar 14, 2025
Is that place Nigeria's Dubai or a kind of Paradise? grin
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Kennyswag: 8:35am On Mar 14, 2025
hafeeanubasy:
You are not making sense.
oga the whole project costs $6b
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 9:34am On Mar 14, 2025
ObaaOfYorubaLan:
Hahahahahaha illiterate and coward everywhere, I think say Yoruba people get sense until I start to see this type of comments, na the same Igbo people dey buy off this your Lagos land, small time now you and your fellow hungry yorubas go start wailing and telling Igbos to leave your Lagos. Mkpi Awusa
Yorubas have never for once think Igbo people get sense talk less of changing their perception.

Who will think of believers of buhari is jubril of Sudan stupid claim or people worshipping 32yro cowardly ojukwu who wasted 3million of his people and ran to ivory toast with his own family as been intelligent?

Brainless Nzogbu Nzogbu people 😆
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by hafeeanubasy: 9:38am On Mar 14, 2025
Kennyswag:
oga the whole project costs $6b
What project?
Land reclamation and roads or that with buildings that have not being builthuh?


Use your brain na 😆
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by jaxxy(m): 10:13am On Mar 14, 2025
Appletek:
A slave born in the palace doesn't make the slave a prince. A dog from Okemesi or Ilesa has more rights than you in Lagos.

Born in Lagos but you supported Kanu, you supported the Eze Ndigbo who threatened to bring Ipob to Lagos.
I don't even support ipob. Why are u Masturbating on issues of the south east but when it comes to worse things in the North u and tinubu are all silent?
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by Imabasiblessing: 11:07am On Mar 14, 2025
Good development...









check out this industrial automation fieldbus protocols, this may interest someone please share.
https://www.nairaland.com/8272225/industrial-automation-fieldbus-protocols
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by lexy2014: 11:13am On Mar 14, 2025
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by lexy2014: 11:14am On Mar 14, 2025
Appletek:
Every stranded Obidient idiot from the Monday imprisonment region has an opinion on Lagos affairs.

Eko Atlantic has a blueprint currently being implemented, one refugee is here talking nonsense.

You people should keep supporting Ekpa, Kanu and sit at home. Your generations will curse you for the damage you're going to Igboland.
are your ancestors lagosians?
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by lexy2014: 11:15am On Mar 14, 2025
Emmanuel900:
10 years after now when Eko Atlantic become the talk of the town, you will see riffraffs from the East claim they are the one that developed the place

A project initiated by Tinubu
'
can you afford a bucket of sand in eko atlantic?
Re: MTN Nigeria Joins Firms Relocating Headquarters To Eko Atlantic by lexy2014: 11:17am On Mar 14, 2025
SatoshiX:
Where are those ignorant people criticising FG when MTN move it's HQ to Ghana few years ago? Guess who's laughing now?
Nigeria will succeed while y'all will continue to cry.
"Nigeria will..."

that is future tense.

why has Nigeria not succeeded yet?

why didnt you say "Nigeria is succeeding..."?
1 2 3 4 Reply

First Bank Flags Off 40-Storey Head Office At Eko AtlanticPrince Arthur Eze Arrives At The Opening Of Zone 13 Police Headquarters In StyleEfcc Raids Mtn Nigeria Head Office Over Share Listing234

Naira Needs Devaluation - Segun Agbaje, GTBank CEODollar To Naira Black Market Rate Today 25 May 2024Productive Business He Can Start With 30K As A Student