The fire outbreak started on Wednesday at Martins street of the popular market.
It was reported to have began from a building which is now transferring to other buildings on the street. Operatives of the Lagos State Emergency Agency (LASEMA) have swung into operation to stop the fire.
In November 2019, a fire outbreak happened on the same street.
It affected a five-storey building (No 43) on Martins street, Balogun market, as well as other adjoining buildings on the street.