News filtering in reveals that in the early hours of today Saturday, July 30, 2011 fire guts Planet One Events Centre situated at Maryland area of Ikeja, Lagos.

According to source, the fire started at about 4am and all attempts by the resident guards to combat the fire with extinguishers prove futile.

It wasn't until the fire services came in at about 7am that they successfully put the fire out.

The roof was badly damaged and could not be salvaged as large fumes of smoke was seen oozing from through it.

We shall keep you posted on further findings.