Ooni Ogunwusi's Ojaja Mall to Boost Local Businesses

HRM Oba Adeyeye Enitan Ogunwusi, the Ooni of Ife, is distinguished among Nigerian monarchs for his commitment to local enterprise and economic empowerment. He has invested significantly across various sectors, including mining and banking, and is a major shareholder in GT Bank PLC and Imperial Home Mortgage Bank Ltd.

His latest venture is the Ojaja Mall, set to open in late 2025 in Lagos, covering approximately 18,000 square meters and featuring 295 shops, including salons, pharmacies, and restaurants. The mall aims to showcase local products and will include a cinema, recreational facilities, and a supermarket.

This initiative is part of Ogunwusi's broader philosophy to strengthen local businesses and empower the youth, as he engages with a following of 35 million young Nigerians. His efforts reflect a commitment to improving the business climate in Nigeria, particularly for micro, small, and medium enterprises (MSMEs).