Quilox Club Is Worth Over N1 Billion.Is This True?


Exclusive-VVIP-lounge-2Quilox Is Worth Over N1 Billion. How True Is This?You all remember the fastest growing night club in Lagos – Quilox shut down for a month because of the holy month of Ramadan and now they are back in business. It was re-opened on August 1st after the celebrated it as a new come back and now they have a restaurant. So, Quilox re-opened as a restaurant, bar and club.Nice move Shina Peller. Anyways, the new gist is that the  Nigeria’s most celebrated nightclubs and hospitality brand Quilox, is worth over one billion Naira. We don’t know how true this is but you can visit the club to confirm. The club’s chairman Shina Peller revealed this, during a business brunch with journalists in Lagos, ahead of the club’s re-opening, last Friday. The estimate covers the cost of the property, the internal club structure, fittings and assets. Peller also said the club’s value also includes identified brand equity and it took over two years to construct the luxury nightclub, which is located on Ozumba Mbadiwe road, in Victoria Island, Lagos.  SEE MORE ON PAGE2

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