Business

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

News

Navy seizes 500 litres of suspected illegal AGO, cannabis in Lagos

The Nigerian Navy has intercepted 500 litres of products suspected to be illegally sourced Automotive Gas Oil, alongside substances believed to be Cannabis sativa, during an operation in Folu Community, Ibeju-Lekki area of Lagos State. This was disclosed on Wednesday by the Director, Naval Information, Navy Captain Abiodun Folorunsho. Folorunsho said the operation was carried […]

Housing

Developers to deliver over 602 Victoria Island housing units in 2026 — Report

Victoria Island is expected to deliver more than 602 residential units in 2026 as developers continue to expand housing supply across the district. Nairametrics reported that this is according to a report by real estate market intelligence platform, Estate Intel, titled Residential Pipeline Activity in Victoria Island July 2026. The report identified more than 2,850 […]

Finance Finance tips

Lagos has paid ₦168.2bn to over 48,000 retirees since 2007 — LASPEC

The Lagos State Government has paid a cumulative N168.2 billion to over 48,000 retirees under the Contributory Pension Scheme since 2007, including a landmark N5 billion single-batch payment in July 2024 that cleared all outstanding pension backlogs at the time. The state government disclosed the figures on Tuesday via its official Facebook page, describing the […]

Finance

Lagos pensioners give Sanwo-Olu August 31 deadline over unpaid arrears

Lagos State Government is facing a looming confrontation with retirees under the Contributory Pension Scheme as pensioners have issued Governor Babajide Sanwo-Olu an August 31 ultimatum to pay their long-awaited pension enhancement and wage award or face what they described as the “mother of all protests.” The ultimatum was announced by the Chairman of the […]

Ports and Airports

Customs arrest two in Lagos over importation of 399 pump-action rifles

The Nigeria Customs Service has arrested an importer and a female clearing agent over the alleged illegal importation of 399 Jojef pump-action rifles through the Tin Can Island Port, Lagos. The Comptroller-General of Customs, Bashir Adewale Adeniyi, disclosed this on Monday during the formal handover of the seized firearms to the National Centre for the […]

News

NDLEA destroys ₦301bn worth of illicit drugs in Lagos

The National Drug Law Enforcement Agency has destroyed 329,865.585 kilogrammes of assorted illicit drugs and psychotropic substances with an estimated street value of N301.06 billion in Lagos. The destruction exercise was carried out on Monday, August 17, at Navy Town in the Ojo area of Lagos, following orders from the Federal High Court, Lagos Judicial […]

Technology

Lagos adds EV charging points to new fresh food hub

Lagos State has provided electric vehicle charging points at its 7,000 square metre fresh food hub in Pen Cinema, Agege, as part of the facility’s infrastructure. The Lagos State Governor, Babajide Sanwo-Olu, made the announcement on X on Wednesday following the commissioning of the Lagos Fresh Food Hub in Pen Cinema, Agege. The facility provides […]

featured Ports and Airports

BREAKING: Lagos Airport arrivals reopen, Air Peace resumes noon flights

The arrivals section of the General Aviation Terminal, also known as MMA1 Lagos, has been reopened to passengers after remaining closed since morning amid the ongoing industrial action by aviation unions. Nairametrics reported that the gate to the arrival section was opened at exactly 2:25 pm on Tuesday, allowing passengers to enter the terminal building. […]

Finance

Lagos, FCT, Rivers owe 43% of states’ debt — DMO

Lagos, the Federal Capital Territory and Rivers State accounted for more than 43 per cent of the N4.52 trillion domestic debt owed by Nigeria’s 36 states and the FCT as of March 31, 2026. This is according to the first-quarter 2026 domestic debt data released by the Debt Management Office. Combined, the three states had […]

Housing

Ikoyi two-bedroom rent hits ₦17.25m annually — Report

The cost of renting a two-bedroom apartment in some of Lagos Island’s most sought-after neighbourhoods has risen sharply, with annual rent reaching as high as N17.25 million in Ikoyi. The figure is contained in the 2026 Lagos Island Residential Market Report by Lagos Realty, which tracks rental prices, property values and land costs across four […]

Aviation

Air Canada to begin direct Lagos flights from 2027

Air Canada has announced plans to begin scheduled flights to Lagos in 2027 following the expansion of the Air Transport Agreement between Canada and Nigeria. The airline disclosed that it has commenced the process of securing the necessary regulatory approvals required to operate commercial flights into Nigeria, paving the way for what would become a […]

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