ADVERTISEMENT
Monday, June 1, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Monday, June 1, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Home » MacFolly Hospitality to Build 100-Room Courtyard by Marriott in Lagos

MacFolly Hospitality to Build 100-Room Courtyard by Marriott in Lagos

Peter Oluka by Peter Oluka
March 4, 2025
in Travel
Reading Time: 2 mins read
0
Lagos Marriott Hotel and MacFolly Hospitality Limited,

L-r: Johan Cronje, Regional Vice President of Marriott International for Sub-Saharan Africa; Oba Rasheed Akanbi, Telu 1., The Oluwo of Iwo land; Dr. Taiwo Afolabi, Chairman of SIFAX Group; Mrs. Folashade Afolabi, Wife of Chairman, SIFAX Group; and Mr. Chike Ogeah; Managing Director of MacFolly Hospitality Limited at the groundbreaking ceremony of Courtyard by Marriott, last week Wednesday at GRA Ikeja.

After the huge success recorded with the iconic Lagos Marriott Hotel, MacFolly Hospitality Limited, the hospitality subsidiary of SIFAX Group, is set to add another hotel brand, Courtyard by Marriott, to its collections, Techeconomy can report.

The 100-room Courtyard by Marriott will be built next to the Lagos Marriott Hotel, which is located at GRA Ikeja, Lagos and it will reinforce MacFolly Hospitality Limited’s commitment to delivering world-class hospitality experiences in Lagos.

The hotel, which is scheduled to be completed within 24 months., will feature state-of-the-art facilities, expanded meeting spaces, and world-class amenities designed to cater to both local and international guests.

This project will further enhance Lagos’ reputation as a hub for luxury hospitality, increase room capacity, create more employment opportunities, and meet the growing demand for premium hospitality services in Nigeria.

The official groundbreaking ceremony of the hotel was attended by prominent figures, including Dr. Taiwo Afolabi, Chairman of SIFAX Group, his wife, Mrs. Folashade Afolabi, Johan Cronje, Regional Vice President of Marriott International for Sub-Saharan Africa, and Oluwo of Iwo land, Oba Rasheed Akanbi, Telu 1, among others.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

While speaking at the occasion, Dr. Taiwo Afolabi, noted that the growing demand for premium hospitality experience in Lagos has necessitated this new project.

“About four years ago, we launched the Lagos Marriott Hotel which is next door and the experience has been very fascinating due to the world-class lodging, dining, and event experience that we offer our customers. We have not only met but also exceeded our expectations in terms of patronage and this demand keeps growing by the day. This new hotel, when it comes on stream, will further validate our unwavering commitment to delivering premium hospitality service in Lagos.”

On his part, Mr. Chike Ogeah, managing director of MacFolly Hospitality Limited, said,

“We are not just building another hotel; we are expanding our capacity to meet the needs of our growing clientele. This development is not just about building a hotel; it’s about creating jobs, boosting tourism, and contributing to the growth of Nigeria’s economy. We are committed to delivering a product that will make Nigerians proud and attract visitors from around the world.”

The groundbreaking ceremony concluded with a symbolic shovel-turning by key stakeholders, officially marking the commencement of its construction.

0Shares
MTN Live It 100 Thematic Campaign
Previous Post

LIRS Urges Taxpayers to Meet Deadline for Annual Tax Return Submission

Next Post

UK and Nigeria Launch Quality Infrastructure Policy Phase II

Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

Related Posts

Travel, tourism, airport passenger, air traffic, holiday

African Airlines Saw 2.2% YoY Increase in Air Passenger Demand | April 2026

May 29, 2026
World Cup 2026 Travelers

How Scammers are Exploiting World Cup 2026 Travellers

May 29, 2026

Viral Cambodia Immigration May 31 Eviction Notice Sparks Anxiety among African Nationals

May 28, 2026
Load More
Next Post
National Quality Infrastructure Policy | UK and Nigeria

UK and Nigeria Launch Quality Infrastructure Policy Phase II

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.