Breaking: Popular Dugbe Market in Ibadan on fire (Photos/Video)

Dugbe Market in Ibadan, Oyo state is currently on fire and here are photos and a video showing firefighters working hard to put out the fire.

So far, goods worth millions of naira have already been destroyed.

The fire which broke out on Wednesday afternoon destroyed a building and some shops in the Lebanon area of Dugbe, Ibadan.

According to reports, the fire, which started around 1.20 p.m., razed the building and the row of shops where mattresses, clothes, household goods and electronics are sold.

Men of the fire service from the Central Bank of Nigeria (CBN) and the state fire service rushed to the scene to put out the fire.

Although no life was lost in the inferno, many traders whose shops and goods were razed were seen crying and lamenting their loss.

The relevant authorities are yet to releases a statement on the incident.

Watch video below.

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