Business
Why People Like to Live in Ojo, Lagos by Dennis Isong
People are renting rooms, apartments, self-cons, and even shared spaces. If you’re an investor reading this, take note. The rental demand in Ojo, especially near LASU and major roads, is not child’s play.
Ojo. That name rings a certain kind of Lagos bell — the kind that echoes both old-time charm and present-day promise.
Located on the western flank of Lagos State, Ojo has quietly but consistently won the hearts of many Lagosians looking for a place to call home.
In fact, when people say they’re relocating to the Lagos mainland but don’t want to “suffer,” Ojo is often their silent dream.
But what exactly makes this place tick? Why is it that people from different walks of life — from the everyday hustler to the savvy investor — are drawn to Ojo, like suya, to charcoal? It’s not just about the affordability, even though that’s a major sugar in the garri. It’s something deeper. Something a little emotional.
Ojo may not always be the loudest name on the Lagos real estate radar, but those who know… know. And trust me, many know.
Let’s start with the vibe. Ojo has a rhythm of life that somehow balances the Lagos bustle with a bit of hometown calm.
You see people moving, markets booming, buses shouting destinations in that dramatic conductor voice — yet you don’t feel overwhelmed. There’s room to breathe. Room to plan. Room to build.
That alone is gold in a city like Lagos where everything feels like a race. And speaking of building, the Ojo Lagos real estate scene has been buzzing, slowly but steadily.
The land here still gives you that hope — the hope that you can buy now, build small, and grow big without selling your grandfather’s inheritance. While some parts of Lagos make you feel like you need to be Dangote’s nephew to afford anything decent, Ojo gently whispers, “Relax, you can afford me.”
Ojo may not always be the loudest name on the Lagos real estate radar, but those who know… know. And trust me, many know.
Now, let’s not pretend that Ojo is some fantasy land where all your problems vanish. No, Lagos will be still Lagos. But Ojo gives you a softer landing.
It’s the kind of place where your Naira stretches just a little further. You buy a piece of land and still have money for block, cement, and maybe even a small naming ceremony afterward. That’s the subtle magic of Ojo Lagos real estate — it feels within reach.
Of course, we can’t talk about Ojo without mentioning its iconic market — Alaba International Market. It’s not just a market, it’s a city on its own. Electronics, appliances, gadgets, and goods of all kinds — if it plugs, charges, lights up or plays music, Alaba probably has it.
For many residents, living close to Alaba is not just convenient, it’s smart business. Imagine saving transport fare daily while your shop is booming.
That’s not just living, that’s strategic living. And then there’s the presence of Lagos State University — LASU.
The campus draws students, lecturers, and business people from across Nigeria. This means two things: First, it adds to the vibrant life of the community, and second, it feeds the rental economy like well-cooked jollof.
People are renting rooms, apartments, self-cons, and even shared spaces. If you’re an investor reading this, take note. The rental demand in Ojo, especially near LASU and major roads, is not child’s play.
Transport is another thing Ojo handles with surprising ease. From here, you can connect to FESTAC, Mile 2, Badagry, and even the Lagos-Badagry Expressway, which is slowly transforming into a world-class express corridor.
When that road fully hits its prime, let’s just say those who bought land in Ojo early will be smiling like politicians during campaign season. Ojo is also home to a rich mix of people.
There’s the core Lagos crowd, the business-savvy Igbo families, the student population, and a sprinkle of other tribes just doing their thing. It’s a cultural pot that simmers nicely, and somehow, people coexist. If you’re the kind of person who enjoys knowing your neighbor and greeting “Good morning, sir” with a smile, Ojo will feel at home.
Security?
It’s Lagos — we’re always watching our back. But Ojo holds its own. There are community vigilantes, police presence, and a population that looks out for itself. It’s not paradise, but it’s not chaos either.
With more estates springing up and more people investing in fencing, lighting, and organized structures, the environment is gradually evolving into a neater, safer version of itself.Let’s talk environment.
Ojo has water views. Not the fancy Lekki kind, but real water — the kind that reminds you of riverside childhoods, of fresh fish, and simple joys. Places like Iba and Iyana School have a mix of urban and rural beauty that makes for interesting real estate development.
You can literally build a bungalow beside a stream and still get Uber rides to your gate. Where else does that happen?
Then there’s something else — something less tangible but deeply felt. A spirit of growth. Ojo gives people the feeling that life can move forward. That a house isn’t just a roof over your head, but a sign that you’re progressing.
People don’t just live here; they thrive. They build. They plan weddings. They raise children. They retire in homes they built brick by brick.
The Ojo Lagos real estate market is not screaming headlines every day, but the smart ones are paying attention.
Plots of land are getting picked up quietly. Developers are carving out estates. New roads are being graded.
And one day soon, Ojo might just surprise everyone and become the new goldmine people wished they had entered early.
So yes, people like to live in Ojo. And it’s not just because of affordability, accessibility, or community.
It’s also because Ojo allows dreams to grow without choking them. In a city like Lagos where many live in survival mode, Ojo offers the rare chance to actually plan a life.
And if you ask me — or any of the sharp agents that roam that axis with their rolled-up trousers and unbeatable gist — they’ll tell you: If you miss Ojo now, you might be buying back in a few years at twice the price, with half the peace of mind.
Ojo is not just a place. It’s an opportunity. And in Lagos, opportunities like this don’t wait forever.
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Business
Exchange Rates Today Friday, 12 June
Black Market Rates
US Dollar (USD) ₦1,397
Great British Pound (GBP) ₦1,850
Official CBN Exchange Rates
US Dollar (USD) ₦1,363. 83
Great British Pound (GBP) ₦1,821. 25
EURO (EUR) ₦1,572. 90
SWISS FRANC (CHF) ₦1,706. 49
JAPANESE YEN (JPN) ₦8.50
CHINESE YUAN (CNY) ₦201.20
West African CFA (XOF) ₦2.40
West African Unit Account (WAUA) ₦1,857. 45
SAUDI RIYAL (SAR) ₦363. 29
SOUTH AFRICAN RAND (ZAR) ₦82.61
Black Market Rates
US Dollar (USD) Buy ₦1,397 Sell ₦1,405
Great British Pound (GBP) Buy ₦1,850 Sell: ₦1,870
EURO (EUR) Buy ₦1,587 Sell ₦1, 607
Canadian Dollar (CAD) Buy ₦1,030 Sell ₦1,100
South African Rand (ZAR) Buy ₦75 Sell ₦90
UAE Dirham Buy ₦350 Sell ₦370
Chinese Yuan Buy ₦180 Sell ₦200
Ghana Cedi (GHS) Buy ₦95 Sell ₦110
West African CFA Buy ₦2, 380 Sell ₦2, 460
Central African CFA Buy ₦2, 220 Sell 2,300
Australian Dollar Buy ₦800 Sell ₦900
Business
Airtel launches data calculator to counter depletion complaints
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said that the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
Airtel Nigeria has launched the Airtel Web Data Calculator, a new digital tool designed to help customers estimate and better understand their internet data consumption based on real-life usage patterns.
Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.
Speaking on the launch, Oladokun Oye, Customer Experience Director, Airtel Nigeria, said that the initiative reflects Airtel’s commitment to customer empowerment and service transparency.
“As Nigerians become increasingly dependent on digital services for work, education, entertainment and communication, it is important that customers have clear visibility into how their data is consumed.
The Airtel Web Data Calculator was developed to help our customers understand their usage patterns better, make informed choices, and enjoy greater confidence in their digital experience,” he said.
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
“The future of telecommunications will be defined not only by network investments but also by how effectively operators help customers understand and manage their digital lives. The Airtel Web Data Calculator represents a practical innovation that places more information and control directly in the hands of our customers.” He said.
Business
Kingsley Moghalu chairs Bluecode Africa subsidiary in Nigeria
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
Bluecode Africa, the European payments infrastructure operator backed by leading US and European institutional investors, has named Prof Kingsley Chiedu Moghalu as Chairman of the Advisory Board of its Nigerian subsidiary, Bluecode Payments Nigeria Limited as the company formally enters the Nigerian market.
The appointment was jointly announced by Chris Pirkner, Founder of Bluecode, and Odin Krismayr, Managing Director of Bluecode Africa, who described it as a foundational governance decision for the company’s Nigerian and continental operations.
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
He led the team that introduced the unique-identifier Bank Verification Number (BVN), enrolling 50 million banking users, simplifying Know Your Customer (KYC) procedures, and doubled Nigeria’s financial inclusion rate from 33 to 60 per cent.
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