HomeBusinessChagoury Backs Lagos Luxury Market With ORCA Deco Mall

Chagoury Backs Lagos Luxury Market With ORCA Deco Mall

Published on


KEY POINTS


  • ORCA Deco Mall Lagos opens as Africa’s largest home showroom.
  • Project creates 500 jobs and boosts Eko Atlantic’s commercial push.
  • Developers bet on experiential retail over online competition.

Ambassador Gilbert Chagoury is placing a bold wager on Lagos’ high-end consumer market with the launch of ORCA Deco Mall, a vast home and lifestyle showroom inside Eko Atlantic City that promoters describe as the largest of its kind in Africa.

The complex opened in late November along the Atlantic coastline, marking another milestone in the transformation of the reclaimed district into a functioning commercial hub.

The mall has more than 100,000 items for sale, including furniture, kitchen appliances, and smart home technology. It covers more than 50,000 square meters on four stories. Its arrangement is meant to seem like modern living spaces, so buyers can try out things in surroundings that are more like their own homes instead of just looking at them in separate displays.

ORCA Deco Mall Lagos anchors luxury retail

Chagoury, a key member of the Chagoury Group and one of the project’s backers, worked alongside Ronald Chagoury, Moufid Karameh of the Mikano Group, and Jamal Kawar, the founder of Orca Africa. Together, they are positioning ORCA Deco Mall Lagos as both a retail destination and a signal of long-term confidence in Nigeria’s largest city.

Organizers say the project has created more than 500 jobs, adding momentum to Eko Atlantic’s shift from a construction-heavy zone into an active mixed-use district.

Built off Victoria Island on reclaimed land, the area is increasingly attracting luxury residences, offices and flagship developments aimed at multinational tenants and affluent residents.

Eko Atlantic gains momentum with ORCA Deco Mall Lagos

ORCA Africa operates in more than 20 countries, but executives say the Lagos showroom represents its most ambitious footprint yet. The strategy is to blend scale with experience, offering customers the ability to see, touch and compare products in ways that e-commerce platforms cannot fully replicate.

Lagos State Governor Babajide Sanwo-Olu attended the opening alongside senior government officials and business leaders, describing the project as evidence that Lagos remains open to investment despite economic headwinds. Officials of Eko Atlantic Management echoed that sentiment, saying each completed project strengthens the district’s commercial viability.

According to Billionaires Africa, the building was delivered by ITB Construction, whose executives said the scale and coastal location required careful engineering to meet international safety and quality standards. With ORCA Deco Mall now operational, promoters say Eko Atlantic is steadily shedding its image as a future concept and emerging as a live commercial destination.

Latest articles

World Cup 2026: Nigerian-American Balogun earns back-to-back Man of the Match awards

Nigerian-American striker Folarin Balogun has earned a second consecutive Man of the Match award after helping the United States beat Australia and reach the World Cup knockout stage.

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.

Mother, Sister of Dead Bandit Leader Jailed 20 Years Each

 KEY POINTS A Federal High Court in Abuja sentenced the mother and sister of...

Police Restrict Movement in Two Kano LGAs for Bye-Election

KEY POINTS The Kano State Police Command has imposed a movement restriction in Dawakin...

More like this

World Cup 2026: Nigerian-American Balogun earns back-to-back Man of the Match awards

Nigerian-American striker Folarin Balogun has earned a second consecutive Man of the Match award after helping the United States beat Australia and reach the World Cup knockout stage.

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.

Mother, Sister of Dead Bandit Leader Jailed 20 Years Each

 KEY POINTS A Federal High Court in Abuja sentenced the mother and sister of...