The Coliseum started off with the name NiteShift Club. They began operations in 1988 in a rented premises along Opebi Road, Ikeja. The Club served as a meeting forum for professionals, entrepreneurs and opinion leaders as well as a venue where exclusive class of Nigerians and foreigners could relax, discuss and have uninhibited fun. Nite Shift Club represented quality and excellence in Entertainment.

The Club came to be regarded at the time, as the leading entertainment center in Nigeria Events managers.The Coliseum now at its permanent site, was opened on February 2, 1999. It  comprises The Baby Coliseum (Security Tower), The Summit (Multi-purpose Conference/Banquet Hall), The Arena (Club Floor) and The Dacha(a 12-Room Bed & Breakfast Guest Lodge).

It is used now for: Banqueting, General Entertainment, Receptions, Workshops, Private Guest, Lodge for members and Night clubbing.

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