Skip to content
Nigeria has approved a N1.7 trillion ($1.24 billion) Sokoto-Badagry highway contract for Gilbert Chagoury's Hitech Construction, owned by a billionaire convicted in 2000 of laundering Abacha's funds.
Gilbert Chagoury, billionaire developer of Banana Island and Eko Atlantic, receives Nigeria’s Grand Commander of the Order of the Niger.
Eko Atlantic, developed by Gilbert Chagoury’s group, leads Lagos luxury property sales with nearly 60 percent growth.
Nigeria approves $1 billion to modernize Lagos seaports after Gilbert Chagoury’s ITB Nigeria wins upgrade contract.
In 2000, a Swiss court reportedly convicted Chagoury of laundering funds looted by Nigeria’s late military leader Sani Abacha.
Lebanese-Nigerian tycoon Gilbert Chagoury recently entered a deferred prosecution agreement with the U.S. Department of Justice.