Business

Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t

  • 27th April 2026
South African billionaire Wiese sells Shoprite shares worth $49.5m

Lagos court bars Shoprite directors from selling assets

  • 27th April 2026
Toyota explores regenerative cell tech to power lunar power

Toyota sales drop as Middle East tension disrupts

  • 27th April 2026
Nigerians to present BVN, NIN for dollar bond subscription

DMO plans N700bn federal bond auction for April

  • 27th April 2026

Contact Info

Some Populer Post

Oil prices climb as US-Iran peace talks stall again

Oil and Gas
Transcorp hotels posts 60% revenue rise, declares interim dividend

UBA assets hit ₦33tn as Q1 earnings rise 5%

Banking
Stock investors gain N3.4tn in shortened trading week

NGX hits record high as banking stocks drive market

Finance

Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t work

Business

Tag: Lagos State

Business

Lagos signs power purchase deals to boost supply by 400MW

The Lagos State Government has executed Power Purchase Agreements and concession deals with three independent power producers in a move to increase electricity generation capacity to between 200MW and 400MW over the coming years. The agreements were signed at Lagos House, Marina, with Mainland Power Limited, Fenchurch Power Limited in partnership with Aggregate Utilities Limited, […]

Transportation

Sanwo-Olu reveals Red Line rail extension into Ogun

Lagos State Governor Babajide Sanwo-Olu has revealed that talks are in progress to extend the Red Line rail into Ogun State as part of efforts to ease congestion through an integrated transport system. Nairametrics reported that the disclosure was made in a statement issued on Wednesday by Gboyega Akosile, Special Adviser on Media and Publicity […]

Helth

NAFDAC busts fake alcohol factories in Lagos, seizes ₦350m products

The National Agency for Food and Drug Administration and Control has uncovered and dismantled two illegal production outlets involved in the counterfeiting and adulteration of alcoholic beverages in Lagos State. This was disclosed in a statement shared by the agency on Wednesday following enforcement operations across key commercial hubs in the state. The raid led […]

Business

Sanwo-Olu hails LIRS as key driver of Lagos economic growth

Lagos State Governor, Babajide Sanwo-Olu, on Wednesday praised the Lagos State Internal Revenue Service for its strong performance, describing it as a key driver of the state’s economic growth, while advocating greater autonomy for tax authorities nationwide. He made the remarks at the State House, Marina, when he received members of the Joint Revenue Board […]

Policy and Regulations

Viral video: Sanwo-Olu’s aide backs solar panel installation levy

The Lagos State Government has clarified that residents living in its social housing estates are required to obtain and pay for alteration permits before installing solar power systems. The Senior Special Assistant on Media to Governor Babajide Sanwo-Olu, Wale Ajetunmobi, stated this on Wednesday while responding to a viral video showing task force officials from […]

Transportation

Dispatch rider killed by speeding NIPCO tanker in Lagos

The Lagos State Traffic Management Authority has confirmed a fatal crash at Motorways inward Estate, Alapere, Lagos, which claimed the life of a dispatch rider. LASTMA General Manager, Mr Olalekan Bakare-Oki, confirmed the accident in a statement on Monday. He said preliminary findings showed that an empty NIPCO tanker, registration number TTN-776ZQ, allegedly speeding, rammed […]

featured

Open your toilets for public use, Lagos urges banks, others

The Lagos government says it has deployed 1,710 public toilets across the state to tackle open defecation. In a post on X on Saturday, Tokunbo Wahab, the commissioner for environment and water resources, said the facilities were strategically sited to improve access to sanitation for residents and visitors. “As part of our sustained efforts to […]

Economy

Lagos GDP to hit ₦73.15trn in 2026 — Report

The Lagos Development Update 2026 report has projected significant expansion in the state’s economy, with nominal Gross Domestic Product expected to rise to N73.15 trillion this year from N62.66 trillion in 2025, supported by easing inflation, stronger consumption, and improved revenue mobilisation. Speaking at the presentation of the report, Commissioner, Ministry of Economic Planning and […]

News

Lagos to open Ojota-Opebi link bridge to public this week

The Lagos State Government has announced that the Ojota-Opebi Link Bridge will be opened to the public this week. The Special Adviser on Media and Publicity to the Lagos Governor, Gboyega Akosile, made the disclosure in a statement on Monday, April 6. The bridge is one of several projects that President Bola Ahmed Tinubu is […]

Helth

Lagos pharmacists urge digital innovation for better healthcare

The Association of Community Pharmacists of Nigeria, Lagos State chapter, has emphasised the need for continuous education and digital innovation to strengthen healthcare delivery. The community pharmacists also seek to expand their roles beyond traditional drug dispensing. Vanguard reported that this formed the focus of discussions at the 2026 Continuing Education Conference of the Association […]

featured News

Fire razes textile shops in Lagos

Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by flames in the early hours of Saturday. The Lagos State Fire and Rescue Service disclosed this in a statement issued by its Controller General, Margaret Adeseye. According to the agency, the incident occurred […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in