MTN Nigeria, the country’s largest telecommunications operator, has announced plans to establish its new headquarters in Eko Atlantic, making it the first telecom company to build in the fast-growing coastal city.
Chief Executive Officer Karl Toriola confirmed the move, positioning MTN alongside major corporations such as First Bank, Shell, and TVC, which are among the growing number of businesses relocating to the 10-square-kilometer urban development.
Toriola shared the news on Thursday in Lagos during the launch of MyLagosApp, a digital platform designed to streamline access to essential city services for residents.
“As part of this commitment, we have acquired a piece of land in Eko Atlantic City, and we will commence construction once we have gotten the equipment,” he said.
While he did not disclose a timeline or financial details, the announcement reinforces MTN’s commitment to long-term investments in Lagos beyond just connectivity.
Eko Atlantic City, a visionary urban project built on 10 million square meters of reclaimed land along the Lagos coastline, is designed as a self-sustaining metropolis.
MTN’s decision comes shortly after First Bank’s groundbreaking ceremony last week for its green-certified headquarters in Eko Atlantic. The high-profile event was attended by Vice President Kashim Shettima, business magnates Aliko Dangote and Femi Otedola, as well as top government and industry leaders.