and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island. The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play. However the influx of banks and other commercial ventures has changed the formerly serene atmosphere of the Island. Longtime residents complain about the increase in traffic and influx of street traders who cater to local bank employees and businessmen. A new project being developed by the Chagoury Group includes the Eko Atlantic City, located next to Victoria Island. The project is being built on reclaimed land that has been lost to coastal erosion. In 2021, as the demand for upscale Apartments/Condos is increasing in Victoria Island, a new development by Periwinkle Condos Limited a sister company of Periwinkle Residences Limited launched an Exclusive and Premium project called Atlantis City Towers at the heart of Victoria Island, on Bishop Aboyade Cole Street. Economy Guaranty Trust Bank and Access Bank plc have their headquarters on the island, Halliburton and IBM operate offices on Victoria Island. Maroko Town demolition The displaced former residents of Maroko Town have pursued redress within the Nigerian justice system, without success. In 2008, a human rights organization, Social and Economic Rights Action Centre (SERAC), filed a complaint with the African Commission on Human and Peoples' Rights on behalf of the Moroko people. Activists and displaced Maroko residents continue to hold Maroko Remembrance Day each year on 14 July. Diplomatic missions Victoria Island hosts most of the diplomatic presence in Lagos, many of which were previously the embassies to Nigeria prior to the move of the capital to Abuja. The now consulates, embassy branch offices, or Deputy High Commissions on Victoria Island include Benin, Brazil, Canada, China, Germany, India, Indonesia, Italy, Lebanon, the Netherlands, Russia, South Africa, the United Kingdom, and the United States. Education The British International School Lagos, and the Lycée Français Louis Pasteur de Lagos are on Victoria Island. Also located on Victoria Island is the American International School of Lagos, Famous residents Kehinde Wiley References Islands of Lagos Geography of Lagos Islands of Yorubaland Former islands