Otunba Subomi Balogun House: What We Found Out


Otunba Subomi Balogun is the owner of First City Monument Bank, one of the most outstanding banks in Nigeria of today. Aside being a banker, he is equally a highly stylish personality. He owns one of the most expensive houses in the country today.  the house actually worth N500 million.


Otunba Subomi Balogun House: What We Found Out

Otunba Subomi is also the Olori Omo Oba of Ijebuland and he is a real power dresser.  His N500 million home is located in Ikoyi, Glover Road to be precise.  The banker also has a host of exotic cars in his garage.  He has two Rolls Royce phantom and a host of others.

The N500 million mansion owned by Otunba Subomi is supported by six pillars all around. The building also has his personal emblem displayed on it.

Practically all the furniture in the exotic home was imported. They all fit perfectly into his personal taste too.   And yes, Otunba Subomi has got taste! The house is well protected of course. There are barricades all around and you can only gain entrance when you are invited.

The mansion at Ikoyi has some similarity with that of his Ijebu home.  The front design looks so much like the design given to virtually all branches of Frits City Monument Bank.  The house is painted all white with a nice looking garden up front and within the premises.

The house is about 3 years old and it still stands out as one of the most beautiful in the whole of Ikoyi and it can stand out among other houses across Lagos state.




  1. Otunba Richard Akin-Olanbiwoninu Oshungboye
  2. Joshua Mologbu
    • Mike Adesanya

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