Tag: Lagos State

featured Housing

Lagos rents hit fourth highest across African cities

Nigeria, Africa’s largest economy, Lagos State, has been ranked among the most expensive rental markets on the continent, as house rents in the country’s major cities rise almost monthly. According to BusinessDay, a new report, which looked at ‘Average Rent of 2-bedroom Apartment Across Africa’s Most Important Cities’, places Lagos, Nigeria’s most expensive housing market, […]

Access Bank nears final stages of National Bank of Kenya acquisition
featured Policy and Regulations

VIDEO: Lagos to seal Access Bank facility over alleged environmental violations

Lagos State Government has moved to seal off a facility belonging to Access Bank Plc in Oniru, Victoria Island, following allegations of environmental violations involving the discharge of untreated wastewater into public drains. The development was disclosed on Wednesday by the Commissioner for Environment and Water Resources, Tokunbo Wahab, who revealed that the action followed […]

featured Food

Fuel price surge hikes food costs in Lagos markets — Report

Food prices across major Lagos markets surged in March 2026 as rising petrol costs drove up transportation and logistics expenses, triggering widespread increases in staple commodities. This is according to a Nairametrics Research physical market survey tracking 68 food items across Mushin, Daleko, Mile 12, and Oyingbo markets. The data shows a sharp reversal from […]

Food

Lagos to complete massive food logistics hub in 2026

The first phase of the 1.2 million sqm Lagos Central Food Security Systems and Logistics Hub will be completed this year, the Lagos State Government has said. Oluwarotimi Fashola, special adviser to the Lagos state governor on agriculture and food systems disclosed this at the BusinessDay Future of Agriculture conference Wednesday in Lagos. He said […]

Lekki Deep Seaport berths largest container ship on Nigerian waters
Oil and Gas

129,000MT petrol vessels arrive Lagos amid surging fuel prices

As Nigerians contend with rising petrol prices, vessels carrying 129,000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) are expected to dock at Lagos Ports between March 14 and 17, 2026. This came as officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority explained why some importers were still importing […]

Policy and Regulations

Lagos to enforce 2025 land use charge payment soon

The Lagos State Government has notified property owners that it will soon begin enforcement actions against defaulters who fail to pay their 2025 Land Use Charge bills. The announcement follows the official release of the 2026 LUC bills. The state reiterated its commitment to funding critical infrastructure and essential public services through the timely payment […]

Policy and Regulations

Lagos seals COSJANE mall, public toilet over waste dumping

Officials of the Lagos State Ministry of Environment and Water Resources on Tuesday sealed the COSJANE Mall along Festac Link Road and a public toilet facility on Offin Road, Ikorodu, for alleged improper waste disposal. The Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this in a statement shared on X on Tuesday. Speaking […]

Policy and Regulations

LASTMA impounded 17,169 vehicles, rescued 1,075 crash victims in 2025

The Lagos State Traffic Management Authority impounded a total of 17,169 vehicles for various traffic violations throughout 2025. During the same period, the agency successfully rescued 1,075 accident victims through its coordinated emergency interventions. These enforcement and rescue operations took place across major traffic corridors in Lagos State. LASTMA utilised rapid incident response frameworks, inter-agency […]

News

Drama as Lagos prisoner ships cocaine consignment to London

Operatives of the National Drug Law Enforcement Agency have thwarted attempts by a convicted drug kingpin, Olashupo Michael Oladimeji, to export 1.10 kilograms of cocaine concealed in processed cassava granules, popularly known as Garri, to London, United Kingdom, on a Virgin Atlantic flight at the Murtala Muhammed International Airport Ikeja Lagos. The agency said “Olashupo […]

featured

Lagos health workers urge govt to end prolonged strike

Health workers in Lagos State on Tuesday urged the government to resume talks to end a strike entering its third month, citing ongoing disputes over pay, professional recognition, and authority within Nigeria’s public health system. The Joint Health Sector Unions, on strike since 2 December 2025, have disrupted services in public hospitals across the nation’s […]