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Pegasus Realty: The Real Deal in Ghana’s Real Estate Market

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By Eric Elezuo
Here’s the new kid on the block in Ghana’s estate market and development; Pegasus Realty, the firm mandated with the humongous task of creating the ambitious Palladium Residences in Achimota, Ghana.
Pegasus Realty’s influence speaks volumes, giving it the leverage to manage the project of producing one of Ghana’s most prestigious residential quarters; highly elitist, yet suitable for all cadre of income earners.
The grace of Pegasus Realty is captured in the following words as sourced from its website: “Accra’s real estate market is booming at an unprecedented rate, with annual increases in demand for quality and luxurious homes. Despite the current economic crunch, more of Accra’s youthful population are achieving the milestone of homeownership. Additionally, diasporans, international remote workers, and business-savvy individuals are looking to relocate to the gateway of West Africa and invest their hard-earned resources in building homes. To meet this demand, Pegasus Realty, a new, full-service real estate company based in Accra, Ghana was established. Pegasus Realty aims to build and sell high-end home units that cater to the needs of the country’s burgeoning middle class. The company offers a range of services, including property sales and purchases, leasing, property management, property legal consultancy, and home insurance consultancy, all geared towards providing its clients with comprehensive real estate solutions.
With a keen eye for detail and a passion for design, Pegasus Realty has assembled a team of experts in architecture, engineering, and construction to deliver world-class housing solutions that are both functional and aesthetically pleasing. Pegasus Realty prides itself on using high-quality building materials sourced from reputable suppliers to ensure that the homes it builds are structurally sound and long-lasting. One of the key selling points of Pegasus Realty’s homes is their luxurious finishes. Each unit is carefully crafted with attention to detail to give homeowners a comfortable and luxurious living experience. Modern homeowners require modern amenities, and Pegasus Realty innovates in this direction. Their home units feature modern amenities such as swimming pools, fully-equipped gyms, and smart home technology to cater to the needs of discerning buyers.
Pegasus Realty’s portfolio includes a range of homes to suit different needs and budgets. The Berkley, one of the company’s projects, offers a collection of impeccably designed apartments with top-of-the-line amenities, including Italian cabinetry, stone countertops, smart home systems, and high-speed internet infrastructure. Painite Residences, another notch in the company’s belt, is a luxurious multi-family residential development located in Dzorwulu. The development offers four townhouses and six apartments, each with breathtaking views of the suburbs. Painite Residences provides its homeowners and investors with the highest level of comfort, convenience, and peace of mind, with 24-hour surveillance, leisure and fitness facilities, and private lifts in townhouses.
Whether you’re looking for a spacious family home or an apartment, Pegasus Realty has various tasteful options. The company also offers flexible payment plans to make homeownership more accessible to a wider range of people. However, the company’s commitment to excellence extends beyond the homes it builds. The company places great importance on customer satisfaction and aims to build long-term relationships with its clients. From the initial consultation to the final handover of the property, Pegasus Realty works closely with clients to ensure that their needs are met and they are satisfied with the final product.
One key service that Pegasus Realty provides is property management. For property owners, Pegasus Realty’s property management services ensure that their investments are well-maintained and profitable. The company’s property management team is experienced, knowledgeable, and dedicated to providing personalized services to each client. This includes everything from tenant screening and rent collection to property maintenance and repairs.
Considering how real estate transactions can be complex and challenging, Pegasus Realty also offers property legal consultancy services. The company’s legal team has extensive experience in Ghana’s real estate laws and regulations and can provide legal advice and consultation on a range of real estate matters, including property ownership, transfers, and disputes. This ensures that clients have the support and guidance they need to confidently navigate the legal aspects of real estate transactions.
Pegasus Realty home insurance consultancy services to its clients, ensuring that their investments are adequately protected. The company’s insurance team works with clients to assess their insurance needs and provides customized insurance solutions to protect their homes and belongings. In addition to these services, Pegasus Realty also offers a range of real estate solutions for individuals and businesses. This includes everything from buying, selling, and renting properties to property valuation and investment advice. The company’s team of experienced real estate professionals is committed to providing personalized services that meet the unique needs of each client.
Overall, Pegasus Realty will be a leading player in Ghana’s real estate market that offers comprehensive real estate solutions to its clients. With its commitment to quality, customer satisfaction, and comprehensive real estate solutions, Pegasus Realty is a leading player in Ghana’s real estate market that is definitely worth considering for your next real estate transaction.”

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US Cancels Visa Processing for Nigeria, Brazil, Russia, 72 Other Countries

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The Trump administration is suspending all visa processing for applicants from 75 countries, a State Department spokesperson said on Wednesday.
The spokesperson did not elaborate on the plan, first reported by Fox News, which cited a State Department memo.
The pause will begin on January 21, Fox News said.
Somalia, Russia, Iran, Afghanistan, Brazil, Nigeria, Thailand are among the affected countries, according to the report.
The memo directs U.S. embassies to refuse visas under existing law while the department reassesses its procedures. No time frame was provided.
The reported pause comes amid the sweeping immigration crackdown pursued by Republican U.S. President Donald Trump since taking office last January.
In November, Trump had vowed to “permanently pause” migration from all “Third World Countries” following a shooting near the White House by an Afghan national that killed a National Guard member.
Source: Reuters

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‘A Friend of a Thief is a Thief’, Defence Minister Warns Gumi, Other Bandit-Sympathizers

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The Minister of Defence Minister, Lt.-Gen. Christopher Musa, (rtd), has warned Sheikh Ahmed Gumi and other persons in the country against including bandits in northern brotherhood.

General Musa, via a statement on Wednesday in Maiduguri, declared: “A friend of a thief is a thief,” warning Nigerians against supporting terrorists and bandits in any form.

He said that the warning statement is neither accidental nor symbolic; explaining that it is a clear response to narratives previously promoted by Sheikh Gumi, who described bandits’ hiding in the bush as “our brothers” and argued that society cannot do without them.

General Musa’s message draws a firm line between compassion and complicity. While empathy has its place, justifying or normalising terrorism only strengthens criminal networks that have devastated communities, displaced families, and claimed innocent lives.

Labeling bandit as “brothers” does not reduce violence it legitimizes and undermines national security efforts.

The Defence minister’s warning serves as a reminder that terrorism thrives not only on weapons but also on moral cover. Anyone who excuses, defends, or shields criminals through words, influence, or silence shares responsibility for the consequences. In matters of national security, neutrality is not an option.

Nigeria cannot defeat banditry and terrorism while dangerous rhetoric blurs the line between victims and perpetrators. The choice is clear: stand with the law and the nation, or be counted among those enabling crime.

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Strategy and Sovereignty: Inside Adenuga’s Oil Deal of the Decade

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By Michael Abimboye

In global energy circles, the most consequential deals are often not the loudest. They unfold quietly, reshape portfolios, recalibrate value, and only later reveal their full significance.

The recent strategic transaction between Conoil Producing Limited and TotalEnergies belongs firmly in that category. A deal whose implications stretch beyond balance sheets into Nigeria’s long-troubled oil production narrative.

For Mike Adenuga, named The Boss of the Year 2025 by The Boss Newspapers, the agreement is more than a corporate milestone. It is the culmination of a long-term upstream strategy that is now translating into hard value barrels, cash flow, and renewed confidence in indigenous capacity.

At the heart of the transaction is a portfolio rebalancing agreement that sees TotalEnergies deepen its interest in an offshore asset while Conoil consolidates full ownership of a producing block critical to its medium-term growth trajectory. The parties have not publicly disclosed the monetary value, industry analysts place similar offshore and shallow-water asset transfers in the high hundreds of millions of dollars, depending on reserve certification and development timelines. What is indisputable, however, is the deal’s structural clarity: each partner exits with assets aligned to its strategic strengths.

For Conoil, the transaction represents something more profound than asset shuffling. It is the validation of an indigenous oil company’s ability to operate, produce, and partner at scale. That validation was already underway in 2024, when Conoil achieved a landmark breakthrough: the successful production and export of Obodo crude, a new Nigerian crude blend from its onshore acreage.

In a country where new crude streams have become rare, Obodo’s emergence signalled operational maturity. More importantly, it shifted Conoil from being perceived primarily as a downstream and marginal upstream player into a full-spectrum producer with export-grade assets.

The commercial impact was immediate. Obodo crude enhanced Conoil’s revenue profile, strengthened cash flows, and materially improved the company’s asset valuation.

For Mike Adenuga, Obodo represented something else entirely: oil income with scale and durability. Producing crude shifts wealth from theoretical to realised. It is the difference between potential and proof.

That momentum was reinforced by Conoil’s acquisition of a new drilling rig, a move that underscored its intent to control not just resources, but execution. In an industry where rig availability often dictates production timelines, owning modern drilling capacity gives Conoil a strategic advantage lowering costs, reducing dependency, and accelerating development cycles. It also enhances the company’s bargaining power in partnerships such as the one with TotalEnergies.

Taken together, the Obodo crude success, the rig acquisition, and the TotalEnergies transaction, these moves materially expand Conoil’s enterprise value. While private company valuations remain opaque, upstream assets with proven production, infrastructure control, and international partnerships typically command significant multiple expansion. For Adenuga, all of these represents a stabilising and appreciating pillar of wealth.

As The Boss Newspapers honours Mike Adenuga as Boss of the Year 2025, the recognition lands at a moment when his oil ambitions are no longer peripheral to his legacy. They are central. In Obodo crude, in steel rigs, and in carefully negotiated partnerships, Adenuga is shaping a version of Nigerian capitalism that privileges patience, scale, and execution over spectacle.

In the end, the most powerful statement of wealth is not net worth rankings or headlines. It is the ability to convert strategy into assets, assets into production, and production into national relevance. On that score, the Conoil–TotalEnergies deal may well stand as one of the most consequential chapters in Mike Adenuga’s business story and in Nigeria’s evolving oil future.

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