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No extension for insurance recapitalisation exercise – NAICOM

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  • 22nd March 2026

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Japan urges calm as toilet paper panic buying resurface

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Labour advocates annual minimum wage adjustment to reflect inflation

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MTN rebounds with N1.1tn profit in 2025 financial year

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NAICOM warns insurers over 2026 recapitalisation deadline

No extension for insurance recapitalisation exercise – NAICOM

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Tag: Lagos State

Transportation

Lagos begins Carter railway channel to end Ebute Meta flooding

The Lagos State Government has taken decisive steps to permanently address decades-long flooding issues in Ebute Meta through the construction of the Carter Railway Drainage Channel. This major stormwater project will run through the Nigerian Railway Corporation corridor and discharge into the Iponri confluence on Western Avenue. The initiative was announced during a stakeholders meeting […]

LAWMA staff to receive 20% salary increase
News

LAWMA links Lagos waste crisis to infrastructure gaps

The Lagos Waste Management Authority has stated that the waste management challenges in the state are partly linked to gaps in infrastructure. This position was contained in a statement issued on Wednesday by the Director of Public Affairs at LAWMA, Mukaila Sanusi. According to the statement, the Managing Director/Chief Executive Officer of LAWMA, Dr Muyiwa […]

Policy and Regulations

Lagos taskforce seizes 50 motorcycles, 10 vehicles along coastal highway

The Lagos State Taskforce has launched a renewed enforcement drive along the Lagos–Calabar Coastal Road corridor, targeting commercial motorcycles, traffic violations including one-way driving, and illegal structures. The operation resulted in the confiscation of over 50 motorcycles and the arrest of 10 vehicles for various traffic offences. This development was revealed through videos posted on […]

Air cargo demand rises by 18.4% January - IATA
Aviation

DHL unveils two Boeing 737-400 aircrafts in Lagos, boosts logistics

DHL Aviation has increased its logistics capacity in Nigeria with the unveiling of two fully branded Boeing 737-400 aircraft at Murtala Muhammed International Airport, Lagos. In a statement, the company noted that as part of its ongoing investment in SSA’s logistics infrastructure, the additional air capacity will enhance transit times, improve delivery predictability, and extend […]

News

Lagos business mogul Otunba Adekunle Ojora dies at 93

The Ojora family of Lagos has announced the passing of their patriarch, Otunba Adekunle Ojora, the Olori Omo Oba of Lagos, who died early Wednesday morning at the age of 93. The family stated that he will be buried in Lagos according to Islamic rites. They called on members of the public to pray for […]

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 […]

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