Business
How Adron Homes Transformed Shimawa into Ogun State Premier Real Estate Hub
Shimawa, a once tranquil and little-known town in Ogun State, has emerged as the premier real estate location in the region, thanks to the transformative efforts of Adron Homes. This metamorphosis has redefined the town’s identity, making it a beacon of modern living and investment opportunities.
Adron Homes’ strategic initiatives have played a central role in Shimawa’s transformation. By developing numerous estates with state-of-the-art amenities, Adron has set new standards for residential living. These estates are equipped with modern infrastructure, including well-paved roads, reliable water supply, and efficient drainage systems, enhancing the quality of life for residents. The real estate has sold out four estates in shimawa over 10 years and is currently selling five different estates in shimawa.
List of Adron Homes Estates In Shimawa
Treasure Park and Gardens Estate Phase 2 (City of David)
Treasure Park and Gardens Estate Phase 3 (Capetown)
Treasure Park and Gardens Estate Phase 3 Extention (Jerusalem City)
Treasure Park and Gardens Estate Phase 4 (Jerusalem Extention)
Treasure Park and Gardens Estate Phase 5 (City of God)
Adron Homes has introduced a range of affordable housing solutions that cater to different income levels. This inclusivity has attracted a diverse population, fostering a vibrant community. The availability of affordable, yet high-quality housing options has made Shimawa an attractive destination for both first-time homebuyers and seasoned investors.
The influx of new residents and businesses has spurred economic growth in Shimawa. Adron Homes’ developments have created numerous job opportunities in construction, real estate management, and ancillary services. This economic activity has not only improved the standard of living for many but has also positioned Shimawa as a hub for business and commerce in Ogun State.
Adron Homes’ commitment to sustainability is evident in its eco-friendly initiatives. Green spaces, parks, and recreational areas have been incorporated into the estates, promoting a healthy and sustainable lifestyle. These efforts have not only beautified the town but have also contributed to the well-being of its residents.
Shimawa’s transformation has caught the attention of investors, both local and international. The town’s strategic location, coupled with Adron Homes’ high-quality developments, has made it a prime investment destination. This influx of investment is set to further accelerate Shimawa’s growth and development.
Adron Homes places a strong emphasis on community building. Regular events, social gatherings, and initiatives to foster a sense of community have been integral to the company’s approach. This focus on community has created a welcoming and cohesive environment, making Shimawa not just a place to live, but a place to thrive.
The transformation of Shimawa into Ogun State’s best real estate location is a testament to Adron Homes’ vision and dedication. By providing affordable housing, fostering economic growth, promoting sustainability, and building a strong community, Adron Homes has set Shimawa on a path to continued success and prosperity. As a model of modern urban development, Shimawa stands as a shining example of what strategic planning and investment can achieve.
Financial Strength and Market Position
Fidelity Bank Plc has demonstrated remarkable financial resilience, solidifying its position as one of Nigeria’s leading financial institutions. Recent reports highlight the bank’s impressive growth trajectory, including its re-entry into the N1 trillion market capitalization club and a 167.8% increase in profit before tax (PBT) to N105.8 billion in Q1 2025. Fidelity Bank’s financial performance has been exceptional, with a 64.2% year-on-year increase in gross earnings to N315.4 billion in Q1 2025. The bank’s total deposits have surged to N6.6 trillion, driven by a 21.4% increase in foreign currency deposits. These figures highlight its ability to attract and retain capital, ensuring liquidity and operational efficiency.
Investor Confidence and Regulatory Compliance
Fidelity Bank’s stock performance has been impressive, with a 237% oversubscription in its capital raise venture. Analysts predict continued growth, with gross earnings expected to reach N1.5 trillion and profit before tax projected at N415.4 billion in 2025. The bank’s ability to meet the N500 billion capitalization target set by the Central Bank of Nigeria (CBN) underscores its financial resilience and regulatory compliance.
Support for Small and Medium Enterprises
Fidelity Bank’s commitment to supporting Small and Medium Enterprises (SMEs) plays a crucial role in its significance to the economy. By providing tailored financial solutions and resources for SMEs, such as the recently launched SME Hub, the bank contributes to job creation and economic development, further cementing its importance in the financial ecosystem.
Regulatory Compliance and Risk Management
Fidelity Bank has demonstrated a strong commitment to regulatory compliance and risk management. By maintaining capital adequacy ratios above the required thresholds – liquidity ratio at 54.7% and capital adequacy ratio (CAR) at 20.3%, compared to the minimum requirement of 30.0% and 15.0%, respectively- the bank not only ensures its own stability but also contributes to the overall health of the banking sector.
Strategic Expansion and International Presence
The bank’s acquisition of Union Bank UK in 2023 marked a significant step toward international expansion. This move strengthens its global footprint and enhances its ability to serve a diverse clientele. Fidelity Bank’s leadership has also set ambitious goals to elevate the institution to tier-1 status, further reinforcing its stability and growth potential.
It is also worth noting that global best practice allows for judgement payments of this nature to be made in installments as agreed by the relevant parties. This is to ensure that the judgement is executed to the letter in a sustainable manner.
Fidelity Bank on Monday confirmed a subsisting Supreme Court judgement involving GCappa and Sagecom Concepts Limited, adding its computation puts the settlement figure at N14 billion.
The bank disclosed this in a statement on Monday, maintaining that the issues leading up to the judgment arose from a legacy transaction between the defunct FSB International Bank and Sagecom Concepts Limited.
The bank clarified, however, that a sponsored publication of the apex court judgement has allegedly been orchestrated and syndicated in the media with the aim of embarrassing the bank.
Source: Nairametrics
As global financial fraud surges to over $485 billion in annual losses, Access Holdings PLC is setting a new standard in Africa’s banking industry through aggressive and strategic investment in technology aimed at combating the growing threat, National Association of Online Security News Publishers, NAOSNP can report.
With Nigeria’s financial sector experiencing a spike in digital fraud, particularly through mobile and online channels, Access Holdings has emerged as a front-runner in fraud prevention through innovation.
In 2024, Access Holdings, the parent company of Access Bank, recorded a landmark ₦193.5 billion ($120.5 million) in technology investments, a 147% increase over the previous year and the highest IT spend in Nigeria’s banking industry. This bold move has paid off significantly. The Group reported a 73% drop in fraud-related losses, falling from ₦6.15 billion in 2023 to just ₦1.64 billion in 2024.“Our customers’ trust is our most valuable asset,” said Bolaji Agbede, Acting Group Chief Executive Officer of Access Holdings Plc.
“In a world of rising digital risks, we have chosen to lead with innovation and resilience. Our sustained investment in cybersecurity, AI-driven fraud detection, and biometric authentication is delivering real results, and reinforcing confidence in our digital banking platforms.”
Globally, banks like JPMorgan Chase are increasing technology budgets to combat fraud, with a record $17 billion in 2024. Nigeria is not left behind. Among local peers, Access Holdings has demonstrated the strongest correlation between strategic tech spending and measurable fraud reduction.
Access Holdings’ investments include AI-driven transaction monitoring, biometric verification systems, enhanced core banking upgrades, and real-time fraud analytics, all designed to detect and respond to threats with speed and precision.
While digital innovation is expanding access to banking, it has also exposed customers and institutions to evolving threats.
According to Nigeria Inter-Bank Settlement System (NIBSS) data, fraud incidents in the country jumped 112% from 2019 to 2023, underscoring the urgent need for systemic countermeasures.
Access Holdings’ proactive stance not only affirms its leadership in Nigeria’s digital banking landscape but also offers a compelling model for financial institutions across Africa looking to secure trust in an increasingly digital world.
