Nigerian businessman Fola Adeola’s Iwosan Investments buys Paelon Memorial Hospital
Billionaires Africa | 19.11.2025 19:30
Iwosan Investments, the Lagos-based healthcare investment company led by Nigerian businessman Fola Adeola, has acquired Paelon Memorial Hospital, one of Lagos’ well-established multi-specialist medical centers, in a move that is part of a broader plan to expand its footprint through a mix of acquisitions and new hospital developments while raising the standard of care for patients across the country.
