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Brent crude falls on US-Iran 60-day nuclear roadmap

  • 22nd June 2026

NCC, CAC introduce new rule on telecom ownership

  • 22nd June 2026

NAICOM warns public against fake recruitment advert circulating

  • 22nd June 2026

Crude prices slide as US-Iran peace revives bearish

  • 21st June 2026

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Nigeria flares 77bcf gas despite rising cooking gas prices

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Brent crude falls on US-Iran 60-day nuclear roadmap deal

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Bayelsa spent ₦26.1bn on salaries in April, May

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NCC, CAC introduce new rule on telecom ownership transfers

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Tag: Lagos State

Economy featured

Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

Governor Babajide Sanwo-Olu has declared that Lagos is strategically positioned as Africa’s leading geo-economic hub, leveraging trade, infrastructure, finance, technology and human capital to drive prosperity across Nigeria, West Africa and the global economy. Vanguard reported that Sanwo-Olu made the assertion on Saturday at the Geo-Economic Optimization Summit Lagos 2026, organised by the Citadel School […]

Maritime

Lagos’ ‘Omi Eko’ project to add 75 electric ferries

As part of efforts to develop an efficient, resilient, and affordable water transport system, the European Investment Bank and the Lagos State Government, through the Lagos State Waterways Authority, are partnering on a €170 million initiative aimed at enhancing urban mobility while delivering significant socio-economic and environmental benefits to residents. Speaking on the development, Mr. […]

News

268 Nigerians arrive Lagos from South Africa amid xenophobic attacks

The first batch of Nigerians evacuated from South Africa following the recent wave of xenophobic attacks has arrived in Lagos. A total of 268 returnees landed at the Murtala Muhammed International Airport on Thursday aboard an Air Peace flight arranged as part of the Federal Government’s repatriation efforts. The evacuation flight, originally scheduled to depart […]

Transportation

Lagos Blue line extends hours, increases trips from June 15

The Lagos Rail Mass Transit Blue Line will begin operations at 6:00 a.m. and increase daily train trips from June 15, 2026, as part of a timetable adjustment aimed at improving commuter convenience and expanding capacity along the Marina–Mile 2 corridor. Nairametrics reported that the announcement was contained in a statement issued on Monday by […]

Business

Lagos identifies 3,700 hectares of informal spaces across 1,700 locations

The Lagos State Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, has revealed that more than 3,700 hectares of informal settlements and developments were identified across over 1,700 locations in the state as of December 2025. Olumide disclosed this on Friday during the 2026 Ministerial Press Briefing held in Lagos to mark Governor […]

Business

Lagos waste recovery facilities to create 5,000 new jobs

The Managing Director of the Lagos Waste Management Authority, Dr Muyiwa Gbadegesin, says new material recovery facilities being developed by the Lagos State Government will create about 5,000 jobs. Gbadegesin disclosed this in an interview with the News Agency of Nigeria while monitoring the monthly environmental sanitation exercise in Apapa on Saturday. He said the […]

Business

Lagos reports N80bn income from building permit applications

The Lagos State Government generated approximately N80 billion in revenue from building approval applications in 2025. The Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, disclosed this on Friday during the 2026 Ministerial Briefing held in Lagos to mark the seventh anniversary of Governor Babajide Sanwo-Olu’s administration, according to The Punch. Explaining the […]

featured Food

Lagos food prices soar amid rising transport costs — Report

Food prices across major Lagos markets rose again in May 2026, reversing part of the broad-based relief observed in April as transportation costs, seasonal supply fluctuations, and rising logistics expenses affected staple commodities. The rise in major food staples is largely attributable to rising diesel and transport costs, as the price of fuel rose again […]

Economy

Cash outside banks drops ₦104bn after CBN rate cut

Cash held outside Nigeria’s banking system declined by N104.76 billion between February and April 2026 following the Central Bank of Nigeria’s decision to cut interest rates at its first Monetary Policy Committee meeting of the year, fresh data from the apex bank has shown. Figures obtained from the CBN’s money and credit statistics revealed that […]

IGR
featured Finance

Lagos revenue hit ₦2.6trn in 2025 — Commissioner

Lagos State recorded a total revenue of N2.6 trillion in 2025, marking a 16 per cent increase from the N2.3 trillion generated in 2024. The Commissioner for Finance, Abayomi Oluyomi, disclosed this figure on Friday during a press briefing held in Alausa, Ikeja, according to The PUNCH. The briefing formed part of activities commemorating the […]

Okomu Oil Palm reports N32.9bn pre-tax profit in 2023
Food

LASCOPA raises alarm over adulterated palm oil in Lagos markets

The Lagos State Consumer Protection Agency has raised concerns over the circulation of adulterated palm oil in Lagos markets following reports of contaminated products being sold to consumers. The agency, in a statement posted on Lagos State Government’s official X handle, said market surveillance and consumer complaints uncovered the sale of artificially enhanced palm oil […]

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