Fire has gutted the popular Ajao market in the Ajao area of Lagos State.
It was gathered that the incident started around 1am on Wednesday.
Although the cause of the fire incident was yet to be ascertained, our correspondent learnt that the inferno started around the shopping mall close to the market and had extended into the main Ajao market.
Properties worth millions of naira were said to have been destroyed as the fire had affected some adjoining buildings and made residents flee for safety.
Emergency responders, including the Lagos State Emergency Management Agency, Lagos State Fire Service, and men of the Nigeria Police Force are on the ground to manage the situation.
LASEMA spokesperson, Nosa Okunbor, while confirming the incident, said no casualty was yet to be recorded.