Africa’s richest man, Aliko Dangote, has announced plans to relocate the headquarters of Dangote Group to Eko Atlantic City, a move that underscores the district’s growing importance as Nigeria’s financial hub.
Dangote Backs FirstBank’s Landmark Project
At the groundbreaking ceremony for FirstBank’s 40-story headquarters, Dangote—whose net worth stands at $28.2 billion, according to Richlist Nigeria—commended the bank’s bold vision.
“I will be here very soon,” Dangote told fellow billionaire Femi Otedola, FirstBank’s largest shareholder. “And I want to congratulate you on this groundbreaking ceremony.”
Set to rise 252 meters, the Iconic Head Office Building will be West Africa’s tallest skyscraper, boasting 115,000 square meters of built-up space with cutting-edge eco-friendly features to enhance efficiency.
Eko Atlantic Becomes Nigeria’s New Financial Powerhouse
Eko Atlantic City, developed on reclaimed land from the Atlantic Ocean, is quickly becoming Nigeria’s preferred business district. Designed to house 250,000 residents and accommodate 150,000 daily commuters, it is attracting major corporations seeking modern infrastructure and global connectivity.
For decades, Ikoyi and Victoria Island have been the top corporate addresses, but Dangote’s relocation and FirstBank’s move from Marina signal a major shift towards Eko Atlantic as Nigeria’s next financial capital.
A Defining Moment for Nigeria’s Corporate Sector
With FirstBank, Nigeria’s oldest financial institution, constructing a record-breaking headquarters, the country’s banking industry is embracing modernization and expansion.
Led by Otedola, First Holdco’s vision aligns with Lagos’ rapid development. As business titans like Dangote and Otedola commit to Eko Atlantic’s transformation, the district is fast becoming the preferred destination for Africa’s corporate elite, reinforcing Nigeria’s position on the global financial map.
