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FGN savings bond allotments rise N11bn to N47.25bn

  • 2nd October 2026

Absa becomes first African bank to launch crypto

  • 2nd October 2026

Pension assets rise N3.8tn to record N31.8tn in

  • 2nd October 2026

Oil prices drop as EU weighs diesel reserve

  • 2nd October 2026

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FGN savings bond allotments rise N11bn to N47.25bn

Business

Absa becomes first African bank to launch crypto custody

Business

Pension assets rise N3.8tn to record N31.8tn in eight

Business

Pension assets rise N3.8tn to record N31.8tn in eight

Business

Tag: Lagos State

Transportation

Lagos receives CNG, electric buses to expand public transport fleet

The Lagos State Government has received Compressed Natural Gas and electric buses as part of efforts to expand the state’s public transportation fleet and promote cleaner mobility. The buses were received on behalf of the state government on Thursday. They were then handed over to operators under the Lagos Metropolitan Area Transport Authority at the […]

featured Policy and Regulations

Hamzat vows to end ‘agbero’ collections, multiple taxation in Lagos

All Progressives Congress governorship candidate in Lagos and incumbent Deputy Governor, Dr. Obafemi Hamzat, has promised to end unauthorised roadside collections and multiple taxation schemes that burden road operators and businesses in the state, if elected. Hamzat made the pledge on Thursday at a town hall meeting for governorship candidates in Lagos. Responding to the […]

Transportation

Lagos traffic is a lifestyle, not problem, says deputy gov Hamzat

Lagos State Deputy Governor Dr. Obafemi Hamzat has described the state’s traffic congestion as more than a transportation challenge, calling it “just a lifestyle” that has become woven into the everyday experience and cultural identity of the megacity. Speaking on Friday at PodFest Naija 2026, a festival of stories held at Harbour Point, Victoria Island, […]

Policy and Regulations

Police seal illegal alcohol factory in Lagos

Lagos State Police Command operatives have shut down a suspected illegal factory in Badagry allegedly used to manufacture and package adulterated alcoholic drinks. A 48-year-old man identified as Anaebo Hilary was arrested at the premises of the suspected factory, which is situated in the Yafin area of Badagry, Lagos State. The development was disclosed in […]

featured Finance

States’ IGR hit ₦5.15trn in 2025, Lagos leads

Internally Generated Revenue for Nigeria’s 36 states and the Federal Capital Territory climbed by 40.93 per cent year-on-year to N5.15 trillion in 2025, up from N3.65 trillion recorded in 2024. This is according to the National Bureau of Statistics, which released its IGR report for 2025 on Thursday, revealing that Lagos State alone accounted for […]

Transportation

Lagos moves to end traffic gridlock on Apapa, Lekki-Epe corridors

The Lagos State Government has moved to address renewed traffic congestion on the Apapa port access roads, the Lekki-Epe Expressway and the Lekki Free Trade Zone corridor. It convened an emergency meeting of maritime, transportation and enforcement stakeholders. The Permanent Secretary, Ministry of Transportation, Mr Olawale Musa, chaired the meeting. It focused on identifying and […]

Policy and Regulations

Lagos cracks down on use of rusty grinding machines

The Lagos State Consumer Protection Agency has warned operators of pepper and mill grinding machines against the use of rusty, corroded and poorly fabricated equipment, saying such practices could contaminate food and endanger consumers. In a statement shared by the Lagos State Government on Tuesday, the agency urged operators across the state to replace traditional […]

Opinion

Lagos produces more millionaires than most African cities — Omokri

Ambassador-designate to Mexico, Reno Omokri, has declared that Lagos State under Governor Babajide Sanwo-Olu has produced more dollar millionaires than most African countries. Omokri made the assertion during an appearance on Channels Television’s Sunday Politics programme, where he discussed Nigeria’s cost-of-living challenges and economic performance. He linked the development to the state’s rapid expansion, noting […]

featured Helth

Lagos public hospitals record doubled patronage amid brain drain, healthcare costs

Lagos State’s public hospitals have recorded a sharp increase in patient patronage, with outpatient attendance doubling in the last six months amid a shortage of healthcare workers caused partly by brain drain. The Commissioner for Health, Prof. Akin Abayomi, disclosed this while speaking in an interview with ARISE NEWS on Friday, saying the pressure had […]

Electricity

Elektron Energy unveils 40MW power project for Lagos community

Elektron Energy, a developer and operator of embedded power infrastructure, has unveiled its Victoria Island Power project, a 40-megawatt embedded power network designed to deliver dedicated and more dependable electricity supply to businesses operating within one of Lagos’ upscale commercial districts. The company recently opened the project to customers and business leaders at its Victoria […]

Conferences

FG, Lagos, private sector partner to build financial centre

Nigeria has taken a major step towards establishing the Lagos International Financial Centre, as the Federal Government, Lagos State Government and the private sector, represented by EnterpriseNGR, formally strengthened the national implementation architecture for an initiative designed to position Nigeria more competitively in the global race for capital. At the inaugural meeting of the LIFC […]

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