PMH Bags Business Day’s Next Bulls Awards, 2019.

BusinessDay Media Group, publisher of BusinessDay and BDSunday, honored our GMD/CEO, Mr Adeyinka Adesope among other chief executive officers of firms listed on the Nigerian Stock Exchange (NSE), at the Top 25 CEOs and Next Bulls Awards for having contributed to the growth of market capitalization in 2018 in spite of the overall market performance.

BusinessDay, in the Next Bulls Awards, also celebrated Palton Morgan and a number of firms for inculcating good corporate governance, innovations and raising the standards of their organizations to a point where it attracts international investors.

See Also: BusinessDay Access Bank, FCMB, Fidson Healthcare, others win big at Top 25 CEOs, Next Bulls Awards

Other winners include Access Bank, Berger Paints Nigeria PLCAmerican International Insurance Company Plc(AIICO) Custodian Investment Plc, FCMB, Fidson Healthcare Plc, Linkage Assurance Plc, Seplat Petroleum Development Company Plc Stanbic IBTC Sterling Bank Plc Bank Plc, Unity Bank Plc, Vitafoam Nigeria PLC, Wema Bank Plc Airtel Nigeria, Dana Air Farmcrowdy Innoson Vehicles Zinox Technologies Limited etc.


Popularity of Houses In Nigeria’s Mega City

Lagos was an orderly urban environment 70 years ago. This was the case from the 1950s, when the city was a federal territory through to the 1960s when it became federal capital – a status it held until 1991.

The foundations of orderliness for any city are planning and management. Lagos had this in place in the early days. The city was governed by an elected Lagos City Council, Nigeria’s oldest, established in 1900. It was governed according to colonial legislation, particularly the 1948 Building Line regulations and the 1957 Public Health Law.

The city was much smaller and was made up of Lagos Island (Eko) which included Ikoyi and Obalende neighborhoods. It was a beautiful environment that featured Portuguese, Brazilian, and British Victorian architecture. Its streets were clean and tree-lined. Urban crime was virtually non-existent.

Governance standards declined when political control of Lagos, and the rest of Nigeria, came under military rule between 1966 and 1979 and again from 1984 to 1999. Proximity of the two capitals – federal and state, respectively—in the Ikoyi and Ikeja neighborhoods of the same conurbation, put more pressure on the city. In the 1970s the city expanded to link up previously distinct areas such as Ikeja, Mushin, Orile, Ojo, Oshodi and Agege.

CategoriesNews & Update

Propertymart Gives Out Incentive On Citiview Estate

Propertymart Real Estate Investment Limited, one of the leading real estate firms in Nigeria, has reiterated its commitment not to relent in its quest in ensuring that every Nigerian has access to a home.
In View of this the company recently concluded plans to roll out incentive to buyers of its news estate called Citiview Estate.
According to the Managing Director of the company, Mr. Adeyinka Adesope, who disclosed that the incentive is borne out of the desire by the company to give satisfaction to its numerous consumers without making life difficult for them.
He said that between now and Christmas, customers can enjoy an incredible discount on each home and land purchase at Citiview Estate thereby becoming proud owner of a home in Lagos
“Citiview Estate is strategically located just less than 10 minutes away from Central Business District, Alausa, it is a perfect escape from the bustle of Lagos. This well-planned estate is zoned into different residential schemes with appreciable thoughts towards recreational and commercial areas” Mr. Adesope explained.
He further disclosed that when Citiview Estate was introduced in 2010; a plot of land in Scheme 1 was sold for N3.8 million. “12 months after according to him, the same plot was pegged at N5.5 million representing a staggering 69.1% appreciation,” he disclosed.
The Managing Director attributed this appreciation rate to continuous rapid development in the estate, provision of quality infrastructure, as well as improved accessibility and proximity to the city centre.
He said that Citiview Estate is for both residents and investors who are thinking of building their houses in an urbane area with modern infrastructure and sharp communal development as the estate offers serenity and high return of investment for both residents and investors.
To this end Mr. Adeyinka Adesope opined that, customers can have the opportunity of buying into Scheme 3 with just 10% initial deposit and spread the balance over a period of 12 months!
“This is, therefore, coming at the right time considering the rising demand for housing as a result of the ever increasing population of our urban centres, especially Lagos city, “This is also one way of supporting the Federal Government’s in terms of providing homes for Nigerians.“Citiview is a luxury estate and we hope to meet the housing needs of people who love luxury buildings when this project is completed,” he concluded.

Culled from Leadership Newspapers –

We make your life easy heres how

Chief Financial and Investment Officer

Kolade Oyegbesan

Kolade Oyegbesan stands as a distinguished Fellow of the Institute of Chartered Accountants of Nigeria, adorned with a scholarly journey that began at the esteemed halls of the University of Lagos, where he graduated with a B.Sc. in Accounting with honours of Second-Class Upper Division. His illustrious career is further embellished with memberships in prestigious institutions such as the Chartered Institute of Taxation of Nigeria, the Institute of Financial Consultants in Vancouver, Canada, and the Institute of Mediation and Conciliation. His unwavering dedication to lifelong learning is underscored by his active engagement in a myriad of domestic and international training programs.

With a thriving career spanning over three decades, he has meticulously crafted his expertise in delivering avant-garde management and financial solutions to an array of corporate entities spanning diverse sectors of the economy. His professional odyssey commenced in the realms of audit firms, culminating in a pivotal role within SCOA Nigeria Plc’s Industries Division, where he meticulously honed his prowess in financial accounting and treasury management.

His proficiency in finance and investments is exemplified through his mastery of treasury functions, financial control, regulatory reporting, and the adept management of equity and debt securities. His tenure at various financial institutions, including Magnum Trust Bank (now a part of Sterling Bank Group), Sterling Capital Markets, and Radix Capital Partners, saw him ascend to the esteemed position of Financial Controller and Chief Financial Officer, respectively. Noteworthy is his indelible mark within the power and energy sector, notably at the Abuja Electricity Distribution Company, where his strategic acumen facilitated the seamless transition of public sector entities to privately-driven enterprises. Furthermore, his tenure at Instinct Resource Services Ltd showcased his adeptness in management and financial consulting.

Presently, as the Chief Financial Officer and Chief Investment Officer at Palton Morgan Holdings, he continues to epitomize financial excellence and spearhead investment growth with an unwavering commitment to excellence.

Group Managing Director /CEO


Adeyinka Adesope is the GMD/CEO of Palton Morgan Holdings – the holding company of Grenadines Homes, Propertymart, The Oceanna, Paltonloitte & Associates, and Mitcherutti Contractors. Before leading Palton Morgan, Adeyinka was the Managing Director of Propertymart Real Estate Investment Limited, a fast-growing real estate development firm. The company witnessed significant growth and success during his tenure as the Managing Director.

 Adeyinka’s stint with both local & multinational companies and his valuable experience helped to transform the company into a strategy think-tank and a leader in the nation’s real estate sector. He is a known promoter of innovation and creativity. He does not believe in limitations. He is a young and unassuming entrepreneur with over a decade of experience in the business world.

 He is a first-class graduate of Law from the prestigious University of Buckingham, United Kingdom. He has degrees and professional certifications in business management, building & construction management, estate development, sales & marketing, leadership and politics.

 Adeyinka is an alumnus of Cambridge Judge Business School of the University of Cambridge, United Kingdom, an international member of the National Association of Home Builders, Washington D.C., United States, an associate member of the Institute of Directors, Nigeria, and a Fellow of the Institute for Government Research & Leadership Technology. He is a fellow of the Nigeria Institute of Marketing and an alumnus of both Lagos Business School and Ogun State University.

 Adeyinka is a recipient of numerous prestigious awards, a Peace Ambassador of the United Nations Universal Peace Federation and above all, a child of the Most High GOD.

Group Chief Operating Officer / Executive Director

Nidal Turjman

Nidal Turjman holds BS in Economics, Diploma of International Commercial Arbitration from Equity College, UK, and multiple executive development certificates in Project Management, FIDIC and Contract Management.

Before Joining Palton Morgan Holdings as Group Chief Operating Officer, Nidal was advisor to the board of ASAK Group in UAE, CEO Emaar for International projects in Levant region and Pakistan for about 12 years.

He is known for his proven achievements in Real Estate Development, Property Management, Assets Management in diversified Industries. His extensive experience in GCC and international markets at C-level in globally recognized multinationals as an inspiring Leader who implemented positive changes in Operational Management, Corporate Governance, Change Programs.

Nidal has great experience in transforming companies to achieve the best business objectives in terms of turnover growth through business re-structuring, high-profile sales, project management, financial re-structuring, JVs, business acquisitions and debt funding.

Group Commercial Director, MEA

Mumtaz Zaidi

Mumtaz Zaidi, serving as the Group Commercial Director for the Middle East & Africa at Palton Morgan Holdings, enriches our team with a wealth of experience and expertise cultivated through a distinguished career spanning various regions and industries.

Educationally adorned, he holds a Master’s in Business Administration from the reputable Institute of Business Administration (IBA) in Pakistan, complemented by a Diploma in Marketing from the prestigious Chartered Institute of Marketing (CIM) in the United Kingdom. His commitment to continuous learning is further evident through training in media production from Valkieser, Netherlands.

His professional journey paints a portrait of versatility and proficiency, boasting a broad skill set encompassing real estate sales, marketing, investments, joint ventures, franchise development, branding, and process digitalization.

In his current capacity as Group Commercial Director, he orchestrates Sales, Marketing, Strategy, and International Business, serving as the driving force behind our organization’s growth and prosperity. His tenure at Emaar Dubai, a titan in the real estate development arena, stands as a testament to his remarkable career achievements, significantly contributing to the company’s ascendancy in the real estate sector.

Mumtaz’s diverse background and extensive experience make him a valuable asset to our team, and we are steadfast in our belief that his strategic vision and leadership will chart a course towards new pinnacles of success for Palton Morgan Holdings.


Peter D. Raven

Peter D Raven is a Dutch, an architect by profession is all-round development, design & construction professional with important international experience, speaking fluently 3 languages (English, Dutch and Spanish). He has over 30 years experience which cut across Europe, Middle east and North Africa.

PMP Certified. He has experience in working side by side with developers to obtain the optimum result for the project by leading and coordinating multi-disciplinary and multi-cultural management & design teams.

From feasibility studies, to consultant selection, and design development in all its stages and all disciplines and specialties, cost control, planning, value engineering, procurement, contract management and up to construction supervision, commissioning handover and relations with authorities. Specialized in retail and mixed use projects with important experience in hospitality, commercial, residential, entertainment and even industrial developments in countries such as Spain, Qatar, Syria, Egypt, Lebanon, Libya, Morocco, Portugal, Holland, UK, Georgia, etc.

Some developers he worked with in the past are : Mall of Qatar-UCC (Qatar), PEO (Qatar), Emaar-IGO (UAE-Syria), Majid Al Futtaim (UAE), BENA Properties (Syria), Almana Group (Qatar), InterIKEA (Spain), ING Real Estate (Spain), BBVA (Spain – Portugal – Cuba), Metrovacesa (Spain – Portugal), Warner-Lusomundo (Spain – Portugal), Fadesa-Anjoca (Morocco), ESA (Spain-Germany), EADS (Spain)

Business/Assets Development Director

Oladimeji Olatunji-Audu

Oladimeji is a graduate of Lagos State University, Ojo, Lagos. He holds degrees in many fields including combined Social Sciences, (B.Ed.) Sociology of Education, (M.Ed); (M.Phil.). Prior to joining Grenadines Homes, he was with The Address Homes Limited, FBN Mortgages Limited and spent years in UK working in social healthcare sectors.

A strategic business leader who has worked extensively over the course of his career on
multiple real estate development projects across Lagos encompassing construction, project
management, real estate marketing and sales.

An astute real estate professional, strategist and educationist, he has a keen understanding of real estate investing principle, which has led to a 60% ROI on his projects. Highly passionate about incorporating intelligent design and aesthetics into building designs, Dimeji never compromises on quality and client satisfaction; at which time his expertise in project management, finance, and marketing stood him in good stead. He is also an expert in team building, employee motivation and performance management having spent time early in his professional life as a human resource executive. He has attended several trainings and workshops in Leadership, Project Management, strategy decision and risk

Group Chief Operating Officer

Fanibuyan John

Fanibuyan John, currently serving as the Chief Operating Officer at Palton Morgan Holdings, brings over 17 years of distinguished expertise across accounting, finance, internal control & audit, and business management. Renowned for his exemplary leadership, he has navigated multiple industries including Manufacturing, Telecommunications, Construction, Secure Prints, FMCG, and Real Estate, consistently delivering transformative results and fostering a culture of excellence.

His unwavering dedication to enhancing operational efficiency and productivity is matched only by his astute insight into financial management systems. Celebrated for pioneering business process enhancements, adeptly managing risks, and spearheading cost-saving initiatives, he propels organizations towards sustained growth and profitability.

Before assuming his current role, he served as the Head of Internal Audit at Superflux International Limited, where his strategic contributions significantly fortified internal controls. At Palton Morgan Holdings, he seamlessly integrates his expertise into driving operational excellence and strategic planning, further elevating the company’s trajectory.

His academic journey, including esteemed accolades from the University of Cambridge and the University of Ado Ekiti, underscores his commitment to continuous learning and professional development, cementing his position as a trusted leader in the corporate landscape.

Chief Financial Officer

Akintola Ademola

Ademola is a seasoned professional with over 12year experience in Accounting and Finance. His experience spans from Banking, Insurance Brokerage, Private Equity, Pharmaceutical and Real Estate Industry. Ademola holds B.Sc in Accounting from University of Ado-Ekiti and Master of Science in Finance from University of Lagos. He is a chartered Accountant with 11years post qualification experience. He has attended both local and international trainings among which is Turning Strategy to Action from Lagos Business School, People and Organization Effectiveness from Judge Business School, University of Cambridge, U.K and Leadership Principle from Harvard Business School.

Chief Legal Officer

Oyelami Oluwasogo

Sogo Oyelami is the Chief Legal Officer at Palton Morgan Holdings Limited (a foremost real estate holding company). Prior to joining Palton Morgan Holdings, for a brief period he headed the In-House legal department of TY Holdings Limited (an investment company with interests in Oil and Gas, Real Estate, Shipping, Hospitality, Agriculture, and Financial services) and provided strategic support to the Managing Director. He was before then Lead Consultant at DIANOIA PLURIS (Corporate commercial law firm) based in Lagos

Nigeria. He has a Bachelor’s degree in Law from the Olabisi Onabanjo University and was called to the Nigerian bar in 2007. Sogo is an alumnus of Daystar Leadership Academy, having successfully undergone the Basic and Advanced Leadership Course. He subsequently completed the coursework for a Masters in Managerial Psychology at the University of Ibadan. He has since then attended numerous trainings, and professional courses at the Harvard Business School, Association of Certified Anti-Money Laundering Specialists (ACAMS), the Lagos Business School, and the CITN Tax Academy He had a short stint with the firm of NATH AGUNBIADE & CO between 2005 and 2006 where he undertook a brief period of legal internship. Upon his call to the Nigerian Bar he undertook the mandatory National Youth Service Corps Scheme with the LEGAL AID COUNCIL OF NIGERIA from 2007 to 2008 and thereafter practiced with the firms of CHIEF MAKANJUOLA ESAN (SAN) & CO. (Ibadan, Oyo), TINU AJANAKU & CO.

Chief Internal Auditor

Agbonifo Samuel

Agbonifoh Samuel is an astute professional with over fifteen years working experience from various organization before joining Palton Morgan Holdings. He is very versed in Internal Audit and Risk management. He also has experience in investment and portfolio management, insurance, pension fund administrators etc. He obtained Bachelor’s degree in accounting from Abia State University (1997-2001) and a Master of Business Administration from the prestigious Obafemi Awolowo University (2012- 2014)

His Professional Certification include: Associate Chartered Accountant (ACA)( 2006- 2008), Certified Risk and Compliance Management Professional (CRCMP) 2017, Certified Information System Risk and Compliance Professional (CISRCP) 2018.


Hakeem Bakare

Hakeem has worked in the sales and marketing department of Propertymart Real Estate Inv. Ltd since February 2009. He started as a sales officer then progressed to become a Regional Director in Grenadines Homes Ltd. Hakeem is currently specializing in business development, execution and the co-ordination of two subsidiaries.

Hakeem’s role is largely based around providing leadership and support to middle level management staff in the two subsidiaries with operations in northern region. This includes managing human, material and financial resources, strategy execution, business development, project management, creating strategic partnership and report analyses for decision making. Hakeem graduated from University of Lagos in 2008 with a BA (Ed) in Islamic Religious studies. He has also attended certification courses at Lagos and Harvard business schools.

Group Head, Customer Service

Adebambo Adeyemi

Adebambo is a poised and result oriented professional, great leader and a good team player with over 10 years’ experience in sales and customer relationship management. He holds a bachelor degree in Computer Science from Olabisi Onabanjo University Ago-Iwoye, certificate in Cisco Certified Network Associate and ITIL version 3 with his Masters of Business Administration in view.

He has over 10 years’ experience in sales and customer relationship management. He was recently promoted to the Group Head customer service/Handover for Palton Morgan Holdings Limited. Before becoming the Group head Customer service/Handover, he was the unit sales manager for Grenadines Homes, a member of Palton Morgan Holdings Limited. Other Multinational organizations where he has worked and left an inspiring result includes; Nestle Nigeria Plc, GNT Nigeria Limited, The First Group; Nigeria, Dubai, Kenya, Liberia and Ghana. He has attended several trainings and workshops which includes Sales/Closing Strategy (TFG University Dubai), Leadership Principles (Havard Business School).