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Why You Should Explore Property Options in Ajah, Lagos State by Dennis Isong

Major projects like the Lekki F⁸ree Trade Zone, the Dangote Refinery, and the proposed Lekki International Airport are also nearby.

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If you’re thinking about buying land or a home in Lagos, Ajah should be on your radar.

It’s one of the few places in Lagos where you can still get good value for money without sacrificing accessibility and modern comforts.

Whether you’re an investor, a first-time buyer, or just looking for a place to call home, Ajah has a lot to offer.

1. Affordable Compared to Other Prime Lagos Areas Buying property in Ikoyi or Victoria Island is like trying to buy a plot on the moon—very expensive.

Even Lekki Phase 1 is getting out of reach for many buyers. But Ajah? Ajah is still relatively affordable. You can get a decent plot of land in Ajah at a fraction of the price of similar land in Lekki. And the best part?

Ajah is growing fast. So, buying now means you’ll enjoy significant appreciation in the coming years.

2. Strategic Location

Ajah sits between the busy Lekki Phase 1 and the fast-growing Ibeju-Lekki. This means you’re close to major business hubs without being stuck in the thick of the congestion.

The area is well-connected by the Lekki-Epe Expressway, making it easy to move around. Whether you work on the Island or have business in Lagos Mainland, Ajah gives you access to both sides without too much hassle.

3. Growing Infrastructure

Ajah is developing rapidly, and property prices are rising. If you buy land or a house now, you’ll likely sell it at a much higher price in a few years.

A few years ago, Ajah was mostly waterlogged and difficult to navigate. But today, things have changed. Roads are being fixed, drainage systems are improving, and there’s better power supply in many parts.

Major projects like the Lekki F⁸ree Trade Zone, the Dangote Refinery, and the proposed Lekki International Airport are also nearby.

These developments will boost property value and make Ajah an even more attractive place to live and invest in.

4. Wide Range of Property Options

Whether you want the land to be built from scratch or a finished apartment, Ajah has something for you. From affordable mini-flats to luxurious duplexes in estates, you’ll find properties that suit your budget and lifestyle.

Many developers in Ajah offer flexible payment plans, making it easier for buyers to own property without breaking the bank. If you can’t pay all at once, installment plans are often available.

5. Perfect for Family Living If you have a family or are planning to start one, Ajah is a great place to consider.

It’s quieter than many parts of Lagos, with less noise and pollution. Many estates in Ajah come with security, good roads, and access to schools, supermarkets, and hospitals.

Schools like Caleb British International School and Green Springs School provide top-quality education, so you don’t have to worry about sending your kids far away for good schooling.

6. A Hub for Business and Investment

Ajah is not just for residential living. If you’re a business-minded person, you’ll love the opportunities here. Shops, supermarkets, hotels, and offices are springing up daily.

With more people moving in, businesses in Ajah are thriving.

If you’re an investor, rental income is promising here. Many people who work in Lekki and Victoria Island prefer to rent in Ajah because it’s more affordable. This makes it a great spot for buy-to-let investments.

7. Estates Everywhere

If security and community living are important to you, you’ll love the estate options in Ajah.

Popular estates like Abraham Adesanya Estate, Crown Estate, and Royal Gardens offer modern living with good security and amenities.

Living in an estate means you don’t have to worry about bad roads, unreliable power supply, or water issues—things that can be a problem in other parts of Lagos.

8. Future Appreciation

Ajah is developing rapidly, and property prices are rising. If you buy land or a house now, you’ll likely sell it at a much higher price in a few years.

With the ongoing expansion of the Lekki-Epe Expressway and the development of new estates and business hubs, property value in Ajah will only go up. If you want to invest in a place with high returns, Ajah is a smart choice.  

How to Get Started with Buying Property in Ajah

If you’re convinced that Ajah is a good place to buy property, the next step is knowing how to go about it. Buying property in Lagos can be tricky if you’re not careful, so here are some tips to guide you:

1. Work with a Trusted Real Estate Agent

Not all land or houses in Ajah are genuine. Some properties have issues like land disputes, double allocation, or fake documents.

That’s why you need a reliable real estate expert who knows the area well. An experienced agent will help you find the right property, verify the ownership, and guide you through the buying process.

2. Do a Proper Land Search

Before paying for any land or house, make sure you check its legal status. Visit the Lagos State Land Bureau to confirm if the land has proper documentation and isn’t under government acquisition.

For houses, ensure the title documents (Certificate of Occupancy, Governor’s Consent, Deed of Assignment, etc.) are authentic. Don’t rely on what the seller tells you—verify!

3. Consider an Estate Property If you don’t want to stress about land verification and legal issues, buying in a registered estate is a safer option.

Estate developers usually provide proper documentation, making it easier for buyers to secure their investment. Some well-known estates in Ajah include:

●      Abraham Adesanya Estate (Great for family living)

●      Crown Estate (Luxury and comfort)

●      Royal Gardens Estate (Well-planned and secure)

●      Lafiaji Estate (Close to Lekki and affordable) These estates offer good security, steady electricity, and modern facilities, making them a smart choice for both living and investment.

4. Think Long-Term

Ajah is still growing, so don’t just look at its present state—think of the future. If you buy land in an area that looks undeveloped today, it could be worth millions in a few years.

For example, some parts of Ibeju-Lekki, which were once considered too far, are now in high demand because of projects like the Lekki Free Trade Zone and Dangote Refinery.

So, if your budget is small, don’t be afraid to buy in the outskirts of Ajah. Development will catch up soon, and your property value will appreciate.

5. Negotiate and Compare Prices Property prices in Ajah vary depending on location, estate, and seller. Before making a payment, compare prices in different areas.

Don’t just settle for the first option you see—there’s always room for negotiation. A professional real estate agent can help you get the best deal without overpaying.

6. Have a Budget Beyond Just Buying the Property Many people forget that buying property comes with extra costs.

Apart from the purchase price, you may need to budget for: ●      Legal fees (to process your documents) ●      Survey and land registration ●      Development fees (if buying in an estate) ●      Building costs (if you’re buying land to develop later)

Understanding these costs will help you plan better and avoid surprises.

Ajah is one of the few places in Lagos where you can still find affordable property with great future potential.

As development continues, prices will keep rising, and opportunities will become limited. If you’ve been thinking about buying property in Lagos, Ajah is a smart place to invest.

Whether you’re looking for land, a house, or rental property, there’s something for everyone.

But don’t wait too long—the best time to buy property in Ajah is now!  

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Business

Crude Oil Prices Drop Below $95 After US-Iran Ceasefire

Earlier, crude prices had surged above $110 per barrel amid fears of supply disruptions as tensions escalated in the Middle East.

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Crude oil prices fell below $95 per barrel in early trading on Wednesday following a ceasefire agreement between the United States and Iran.

The global oil benchmark fell by about 13% to around $94–$95 per barrel, marking one of the steepest single-day declines in recent years after weeks of war-driven price spikes.

The dramatic selloff came after U.S. President Donald Trump announced a conditional two-week ceasefire, pausing military operations in exchange for the reopening of the Strait of Hormuz—a critical route for global oil shipments.

West Texas Intermediate (WTI), the U.S. benchmark, also dropped significantly to around $95–$96 per barrel, reflecting a broad easing of geopolitical tensions and a rapid unwinding of the war risk premium in oil markets.

Earlier, crude prices had surged above $110 per barrel amid fears of supply disruptions as tensions escalated in the Middle East.

However, the ceasefire has restored some confidence that oil flows will resume, triggering a sharp correction in prices.

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Afreximbank Avails US$10 billion to insulate African Energy Producers , Exporters from Gulf Crisis

GCRP is designed to, among others sustain essential imports – including fuel, LNG, food, fertiliser, pharmaceuticals – by providing vital short-term Foreign Exchange (FX) and liquidity to support vulnerable member states.

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Dr. George Elombi, President and Chairman of the Board of Directors at Afreximbank on Tuesday commended members of the Board for their approval of a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies.

” This crisis response programme is in tune with our DNA. We understand how our economies work and the pain points associated with these transitory crises,” said Elombi.

He emphasised that the intervention will support African countries in adjusting smoothly to the crisis while strengthening their resilience to future shocks through interventions that transform the structure of their economies.

The conflict, which escalated on 28 February 2026, has sent shockwaves through the global economy, with African and Caribbean economies bearing the largest share of the brunt.

Given the significance of the Gulf region as a primary global source of oil, Liquid Nitrogen Gas (LNG), fertilisers, as well as the critical role of the Strait of Hormuz, the outbreak has triggered wider repercussions at a global scale, including adversely affecting African and CARICOM economies.

These impacts specifically affect nations that heavily rely on fuel, fertiliser, and food imports, alongside those exposed to Gulf shipping corridors, investment flows, tourism and remittance inflows.

GCRP is designed to, among others sustain essential imports – including fuel, LNG, food, fertiliser, pharmaceuticals – by providing vital short-term Foreign Exchange (FX) and liquidity to support vulnerable member states.

It further aims to empower African energy and minerals exporters to capitalise on elevated prices and rerouted trade flows, by scaling productive capacity in strategic commodities, through pre-export finance, working capital, and inventory financing.

Additionally, it provides short term relief to African and Caribbean member states whose tourism and aviation industries have been adversely impacted by the crisis.

The programme is also designed to build the medium to long-term resilience of African and Caribbean economies against future shocks by scaling productive capacities for producers and exporters of energy, minerals while accelerating the completion of critical energy, port, and logistics infrastructure projects in African and Caribbean member states, delayed by the conflict.

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President Tinubu Approves N3.3Trn Payments Plan To Restore Reliable Electricity

Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion.

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President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.

The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.

State House press release signed by Bayo Onanuga Special Adviser to the President(Information and Strategy), said that the long-standing debts accumulated between February 2015 and March 2025.

Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.

Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion.

The Federal Government has already raised ₦501 billion to fund these payments.

Out of the amount, N223 billion has been disbursed, with further payments underway.

What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.

And as the sector stabilises, more investment, more jobs, and better service will follow. “This programme is not just about settling legacy debts.

It is about restoring confidence across the power sector — ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably”, explained Olu Arowolo-Verheijen, Special Adviser on Energy to President Tinubu.

“It is part of a broader set of reforms already underway — including better metering and service-based tariffs that link what you pay to the quality of electricity you receive.

“The government is also prioritising power supply to businesses, industries, and small enterprises — because reliable electricity is critical to creating jobs, supporting livelihoods, and growing the economy.

“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians”, she added.

President Tinubu has commended all stakeholders who supported efforts to resolve the legacy issues in the power sector.

He has also confirmed that the next phase (Series II) will begin this quarter.

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