RTS Global Insurance Brokers Ltd, a leading insurance and reinsurance broker, will expand its business in Lagos with a move to Alaro City, Lagos’ new city in the Lekki Free Zone.
The firm, which provides solutions for insurance and risk management, announced that it would build its new office in Alaro City to take advantage of the growing financial services sector in Nigeria and Lekki Free Zone benefits.
RTS Global joins more than two dozen companies moving to the new city.
Managing Director and CEO of RTS Global, Badejo Onaduja, said the firm chose Alaro City because it represented the future of Nigerian urban development.
“The choice of Alaro City for our new facilities is a key part of our repositioning to enhance our services to private and institutional clients.”
CEO of Alaro City, Odunayo Ojo, said the number of businesses that have signed up to build their facilities is a testament of the quality of infrastructure by Rendeavour, the developer of Alaro City, in partnership with Lagos State Government.
“We are pleased to welcome RTS Global to our community as we make significant progress with infrastructures such as roads, a power plant, and water.”
The city was launched in January 2019 on a 2,000-hectare land for mixed-income, among others.
In January 2020, the largest ready-to-eat therapeutic foods factory in Africa was launched in Alaro City by Ariel Foods FZE.
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