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and-steady – WEMABOD Limited Celebrates 60th AnniversaryOf Its Establishment


Wemabod Limited announced its 60th-anniversary celebration as one of Nigeria’s oldest but very solid property development and management company.

The company which has emerged as one of the longest-standing real estate solution providers over the period of sixty years is set to raise a glass on this momentous Diamond Jubilee celebrations.

THE 60TH JOURNEY-  Wemabod Limited is a property development and management company with focus on property development, property management and building/facilities service management.

It is a wholly owned subsidiary of ODU’A INVESTMENT COMPANY LIMITED and was incorporated under the name, Nabani Estates Limited, on the 20th of September, 1962;

Formerly (wholly) owned by the defunct National Bank of Nigeria Limited but In October of 1962, National Bank of Nigeria Limited., sold its shareholdings for £1,231,000  to the defunct Western Nigeria Marketing Board at Ibadan and the name of the company was thereafter changed from Nabani Estates Limited to Wemabod Estates Limited, then and recently to Wemabod Limited.

*PORTFOLIO AND PROFILE*-

With only eight properties inherited from the original company, Nabani Estates- (all of which were in Lagos and Apapa) – Wemabod Limited has, in the last 60 years, grown its portfolio of properties to include several commercial properties, industrial and multi-tenanted residential properties including  impressive legacy high rise structures in Lagos in Ibadan.

Most notable among Wemabod Limited’s commercial properties are Western House, Investment House, Unity House, Banuso House and Awolowo House located on Broad Street and Marina on Lagos Island as well as Ikeja;

Other holdings/ property developments  include  quite sizable residential real estate assets such as Wemabod Towers – 2/4 Mosley Road, Ikoyi, Odu’a House on 18C, Lugard Avenue, 37 Ikoyi Crescent Wemabod estate in Ikeja, Lagos state and Ibafo in Ogun state.

Wemabod Limited has evolved to provide an integrated one-stop shop real estate solution in a bid to meet up with demands from the Nigerian real estate market and other investors from the diaspora.

*CELEBRATION AND EVENTS*-*

The event for the celebration of the 60th anniversary would kick off with quite a number of events which have promised to be quite exciting.

● Tennis tournament  in conjunction with Ikoyi Club proudly sponsored by Wemabod Limited from the 17th of October 2022 to the 22nd of October 2022, at the Tennis section of the prestigious Ikoyi Club 1938.

> JUMAT Service at the Dolphin Central Mosque , Dolphin Estate, Ikoyi Lagos on the 21st of October ,2022.

> CHRISTIAN THANKSGIVING SERVICE  at the Archbishop Vining Anglican Church, Ikeja, Lagos on the 23rd October, 2022

Ground Breaking ceremonies of the Néw 5000 sq.m. GLA Retail Development project at Surulere , Lagos on the 31st of October, 2022.

Commissioning of Units of the newly completed Luxury residential development at Ikoyi Crescent , Ikoyi on Nov. 1 , 2022.

● Grand finale of the anniversary celebrations with a Symposium and Wemabod Award and Gala Night on the 3rd of November 2022 at the Lagos Airport Hotel, Ikeja.

ABOUT WEMABOD LIMITED.

Wemabod has reinvigorated her strategies recently leveraging on five (5) Strategic pillars to grow market share and deliver value to her shareholders . These include Property Portfolio  Optimization, Growth & Diversification, Financing and Investment Capital , Operational Excellence , People and Culture. These pillars have helped to reshape the strategic vision and  journey of the company in delivering excellent real estate solutions across Nigeria.





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