Tag: Lagos State

Conferences

Lagos urges private sector partnership to accelerate AI adoption

The Lagos State Government has said collaboration with the private sector is critical to accelerating artificial intelligence adoption in Nigeria, as stakeholders warn that innovation is advancing faster than governance and infrastructure. The position was reinforced at the “AI in Action Now” Conference 2026, held at the Lagos Oriental Hotel, where technology leaders, regulators and […]

Housing

Firm launches 18-block estate to bridge Lagos housing deficit gap

Nigeria’s housing deficit is continuing to shape investment decisions in the real estate sector, with HFP Engineering Ltd reaffirming its dedication to tackling the challenge through a new residential development designed to increase housing supply in Lagos. Statistics show that the housing deficit in Lagos has risen by 15 per cent, from approximately 2.95 million […]

Conferences

Ministers, regulators convene in Lagos for electricity reforms

Ministers, regulators, and other stakeholders in the power sector will meet in Lagos to discuss solutions to Nigeria’s power challenges. Smart-grid solutions provider, NOJA Power Australia, will on Tuesday, January 27, host a high-level executive dialogue aimed at strengthening collaboration among states, regulators, distribution companies, and financiers in Nigeria’s electricity sector, as the industry adjusts […]

featured Finance

LIRS vows to recover unpaid taxes through banks, employers

The Lagos State Internal Revenue Service has announced that it will enforce its statutory powers to recover unpaid taxes from defaulting taxpayers through third parties, including banks, employers, debtors, tenants and business partners. This is contained in a public notice dated January 21, 2026, and sighted by our correspondent on the LIRS website on Sunday. […]

News

Fire razes Computer Village building, millions lost

Property worth several millions of naira was destroyed in the early hours of Tuesday when a fire razed a one-storey commercial building on Somoye Street, Computer Village, Ikeja, Lagos State. Eyewitnesses said the incident, which occurred around midnight, involved a commercial building housing dealers in computers and computer accessories. No casualty was recorded in the […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG denies owning gold refinery in Lagos

The Federal Ministry of Solid Minerals Development has dismissed claims by the Northern Elders Forum that the Federal Government sited a gold refinery in Lagos in violation of the federal character principle. It said the allegations contained in a statement signed by the Northern Elders Forum spokesperson, Prof. Abubakar Jiddere, were not true and misleading. […]

News

Ikorodu ferry terminal to reopen after prolonged hyacinth blockage

The Ikorodu Ferry Terminal is set to resume passenger services on Monday, January 19, 2026, after being closed for several months due to heavy water hyacinth that obstructed navigation. The Lagos State Waterways Authority confirmed this in a statement released on Friday. The terminal had remained closed since October 20, 2025, when the widespread infestation […]

Business

Lagos plans affordable electric boats for commuters

The Lagos State Government plans to add electric-powered boats to the Lagos Ferry Services fleet this year, aiming to lower fares for commuters. The Managing Director of LAGFERRY, Hon. Abdoulbaq Ladi-Balogun, made this disclosure in a statement on the Lagos State Government’s X account on Wednesday. The move is part of a push for affordable, […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
News

Lagos named one of seven top global art destinations 2026

Lagos State has been named as one of the seven art destinations to visit in 2026, according to a report by Artsy, the leading global online Art Marketplace. The city was described as “a banner biennale in West Africa’s preeminent art capital.” This was contained in a statement signed and released by the Special Adviser […]

Finance

Lagos Assembly approves ₦4.4trn 2026 budget

The Lagos State House of Assembly has approved the ₦4.4 trillion 2026 Appropriation Bill, officially tagged the Budget of Shared Prosperity, following weeks of extensive scrutiny and sector-by-sector evaluation by lawmakers. The passage of the budget reflects the conclusion of detailed legislative engagements aimed at ensuring fiscal responsibility and alignment with the developmental priorities of […]

Scams

Court jails ex-Lagos education director over N48.9m theft

An Ikeja Special Offences and Domestic Violence Court on Monday sentenced a former Lagos State Education Director, Olawale Faleti, to two years and five months’ imprisonment for stealing N48.9 million from Access Bank Plc. Justice Rahman Oshodi convicted Faleti, aged 64, on five counts of stealing after finding him guilty of charges filed by the […]

News

Fire destroys four Lagos shops on New Year’s Day

Four electronics shops located in a building at Ikotun, Lagos State, were razed by fire in the early hours of New Year’s Day, with all items in the affected shops completely destroyed. The shops are housed in a building located beside the GUO Transport Company in the Ikotun area. According to the News Agency of […]