Lagos to Unveil Africa’s Inaugural Purpose-Built Entertainment Arena

Persianas Group and Nigerian Sovereign Investment Authority Break Ground on Lagos’ Cutting-Edge Entertainment Arena.

In a momentous ceremony on Victoria Island, Lagos, the Persianas Group and the Nigerian Sovereign Investment Authority (NSIA) marked the beginning of an ambitious project: a 12,000-capacity arena that promises to redefine entertainment in Africa. This groundbreaking event drew key stakeholders, partners, and government officials, underscoring the significance of this venture.

Africa’s first purpose-built entertainment arena is set to transform Lagos into a hub for major cultural and sporting events.

With an estimated investment of $100 million, this state-of-the-art facility will not only be a trailblazer but also a home for unforgettable experiences.

The arena’s multipurpose design ensures versatility, accommodating a wide spectrum of events. From electrifying performances by global and Nigerian music icons to family-friendly entertainment, intense basketball games, UFC fights, boxing matches, and WWE extravaganzas—the possibilities are boundless.

Tayo Amusan, Chairman of The Persianas Group, envisions the arena as a beacon for live entertainment. Hosting over 200 events annually, it aims to be Africa’s premier destination for cultural spectacles. This dedicated space will provide exciting opportunities for both local talents and international artists.

Beyond entertainment, the arena is poised to catalyze growth in Nigeria’s music, sports, and entertainment sectors. It’s not just about the spotlight; it’s about creating a thriving ecosystem. Anticipated to generate over 1,500 direct and indirect jobs, the project underscores its commitment to community development.

As Afrobeats conquers global charts, Nigerian superstars like Burna Boy, Wizkid, and Davido lead the charge. Now, it’s time for our facilities to match their rhythm a symphony of creativity, passion, and excellence.