Fire has gutted the Olowu spare parts market in Lagos.
The fire incident occurred on Thursday morning.
According to Daily Post, the inferno engulfed some shops that contained air-conditioners for sale, parts of vehicles, and motorcycles, among others.
Some of the traders who spoke to newsmen said losses are in the millions of naira.
The men of the Lagos State Fire Service and security operatives are at the scene, as the situation is now reported to be under control.
The latest fire outbreak is coming three weeks after a similar incident took place at Akere Spare Parts Market on Kirikiri Road, Olodi-Apapa in Ajegunle, destroying goods worth millions of Naira.
Similarly on Tuesday morning, yet another fire broke out at Balogun market, killing one person and injuring seven others.
Writing by Abdullahi Lamino; Editing by Tony Okerafor