There was a fire outbreak on Thursday morning at the Olowu spare parts market in Lagos State.
Some shops engulfed by the inferno contained air-conditioners for sale, parts of vehicles, and motorcycles, among others.
The traders are now counting their losses, as the goods lost to the fire are worth millions of Naira.
The men of the Lagos State Fire Service and security operatives are at the scene. The situation is under control.
A similar incident occurred three weeks ago after Akere Spare Parts Market on Kirikiri Road, Olodi-Apapa in Ajegunle, went up in flames.
This week, a building in the Balogun market area of Lagos, also went up in flames.
Fire has razed all the major markets in Lagos in recent times.