News
KSI Apartments Shines as Koleola Fadeni Takes Top Real Estate Honour
Cyril Ogar
Popular philanthropist and Managing Director/ Chief Executive Officer of the leading real estate firm, KSI Construction Company Ltd, Engr. (Dr.) Koleola Emmanuel Fadeni, has emerged the Real Estate Giant of the Year, following his selection for an Award of Merit by African Giant.
The award is in recognition of Dr Fadeni’s impact in the real estate sector and his extensive humanitarian contributions to society.
According to the organisers of the African Giants Awards, the award reflects Dr. Fadeni’s consistent commitment to using his resources, influence and professional expertise to improve lives, particularly among vulnerable groups across different communities in Nigeria.
The organisers further disclosed that Fadeni’s humanitarian efforts played a major role in his emergence as Real Estate Giant of the Year, describing him as a “development-driven individual whose compassion and generosity complement his professional achievements.”
Speaking with reporters at the event, the CEO of African Giant Awards, Okpe Lawrence, said Dr Fadeni’s philanthropic activities and work ethics is second to none, hence the merited award.
“His impact is not limited to the real estate sector alone; he has extended his goodwill to various parts of the country, including the Federal Capital Territory (FCT). This is why he deserves this recognition by African Giant,” he said.
Fadeni, a native of Ondo Town in Ondo State, South-West Nigeria, is widely known for his philanthropic interventions, especially within the FCT.
He has facilitated the construction of boreholes in several communities like Bwari, providing residents with access to clean and potable water and easing the burden of water scarcity.
He has also empowered numerous widows through financial assistance and material support, particularly during festive seasons. Beneficiaries say these gestures have brought relief, restored hope and improved living conditions for many households.
Beyond his current interventions, Fadeni plans to deepen his humanitarian engagements through his Funke Fadeni Foundation.
He is expected to roll out a youth empowerment programme in Ondo State from Monday, April 13th, to Thursday 16th April, 2026.
The event is aimed at equipping young people with relevant skills, startup support and opportunities to lift them out of poverty.
Also, several widows will be gifted both cash and food items during the empowerment programmes.
About Fadeni
Fadeni holds a Bachelor of Science degree in Civil Engineering from the University of Pretoria, South Africa, and a Doctorate degree from the ESAE Benin Republic University.
Although he is the Managing Director and Chief Executive Officer of KSI Construction Company Ltd, Abuja, with operations in other countries, observers say his influence increasingly goes beyond business into humanitarian service, youth development and community empowerment.
Over the years, KSI Apartments has specialised in making homes affordable for residents of the FCT, with the Golf Estate in Dei Dei and Investment Property in Maitama and Kubwa being presently subscribed to by Nigerians in different parts of the FCT.
Apart from the Golf Estate in Deidei, KSI Apartments also has KSI Terrace Homes in Deidei, KSI Terrace Homes Phase 2 in F01 Kubwa, KSI Platinum Homes in Katampe Extension, KSI Platinum Homes Phase 2 also in Katampe Extension, KSI Visionary Apartments in Maitama 2 and KSI Visionary Homes also in Maitama 2.
Foreign news
Algeria’s Glorious Revolution: Embassy Marks 72nd Anniversary in Abuja
Joel Ajayi
The Embassy of Algeria in Nigeria has commemorated the 72nd anniversary of the country’s Glorious Revolution of November 1, 1954, with a reception in Abuja, highlighting Algeria’s liberation struggle and strengthening diplomatic relations with Nigeria.
The event, held on November 9, 2026, at Continental Suites Hotel, attracted prominent personalities, including the Speaker of the House of Representatives, Dr Tajudeen Abbas, members of the Federal Government, senior government officials, heads of diplomatic missions and other friends of Algeria.
Speaking at the reception, Algeria’s Ambassador to Nigeria, Hocine Mezoued, welcomed guests and paid tribute to the country’s freedom fighters who sacrificed their lives during the struggle for independence.
He described the November 1, 1954 revolution as the foundation of modern Algeria, noting that the sacrifices of the nation’s martyrs made it possible for the country to reclaim its sovereignty.
On Algeria’s development agenda, Mezoued said President Abdelmadjid Tebboune’s administration had continued to pursue economic reforms, diversification and national development under its New Algeria vision.
He noted that the country was recording progress in non-hydrocarbon exports, while improvements in the business environment had boosted investor confidence and attracted significant foreign investments.
On foreign policy, the ambassador reaffirmed Algeria’s commitment to non-interference, respect for national sovereignty, peaceful conflict resolution and the right of peoples to self-determination.
Addressing security challenges in the Sahel, he stressed that lasting peace could not be achieved through military measures alone, insisting that economic development, inclusive dialogue and peaceful resolution of disputes remained essential.
Turning to Nigeria-Algeria relations, Mezoued described the partnership as one founded on shared values and the commitment of both countries’ leaders to advancing African development.
He identified the Trans-Saharan Highway, Trans-Saharan Gas Pipeline and Trans-Saharan Fibre Optic Backbone as major strategic projects receiving attention from both countries.
The ambassador also disclosed that Algeria had continued to provide scholarships to Nigerian students to strengthen human capital development and capacity building.
He further announced that Air Algérie expanded its Nigerian operations on October 26, 2026, with the introduction of two weekly flights to Lagos, expressing confidence that the service would boost trade and tourism.
Looking ahead, Mezoued said 2027 would offer fresh opportunities to deepen bilateral cooperation, particularly through the fifth Joint High Bi-National Commission scheduled to hold in Abuja.
He expressed optimism that the meeting would provide an opportunity to assess existing partnerships, identify new areas of cooperation and move Nigeria-Algeria relations towards a more practical and results-driven phase.
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