Located in Dugbe, a major commercial area in Ibadan, Oyo State, Nigeria. It was built from proceeds of agricultural commodities such as Cocoa, Rubber, Timber of the then Western State of Nigeria.

The building was completed in July 1964 and commissioned in July 1965.

At a height of 105 metres, it was the first skyscraper in West Africa and was, from 1965 to 1979, the tallest building in Nigeria.

This 26-storey building houses offices for major firms and broadcasting companies.