Reports reaching Naijazeal from Lagos has it that the palace of the Oba of Lagos, Rilwan Akiolu is currently on fire.
The monarch is said to have been taken to a safe place.
Officials of Lagos state fire service are within the palace trying to put out the inferno.
The real cause of the fire outbreak is still unknown at the moment.
The incident is coming barely one week after the Oba publicly shunned the Ooni of Ife, Oba Adeyeye Ogunwusi.
There were claims by a certain Tunde Awoyeni that the palace would invoke the wrath of his ancestors on the Oba of Lagos, Oba Rilwan Akiolu.
Oba Ogunwusi in his reaction denied planning to curse Oba Akiolu.