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Tag: Lagos State

Business

Sanwo-Olu hails LIRS as key driver of Lagos economic growth

Lagos State Governor, Babajide Sanwo-Olu, on Wednesday praised the Lagos State Internal Revenue Service for its strong performance, describing it as a key driver of the state’s economic growth, while advocating greater autonomy for tax authorities nationwide. He made the remarks at the State House, Marina, when he received members of the Joint Revenue Board […]

Policy and Regulations

Viral video: Sanwo-Olu’s aide backs solar panel installation levy

The Lagos State Government has clarified that residents living in its social housing estates are required to obtain and pay for alteration permits before installing solar power systems. The Senior Special Assistant on Media to Governor Babajide Sanwo-Olu, Wale Ajetunmobi, stated this on Wednesday while responding to a viral video showing task force officials from […]

Transportation

Dispatch rider killed by speeding NIPCO tanker in Lagos

The Lagos State Traffic Management Authority has confirmed a fatal crash at Motorways inward Estate, Alapere, Lagos, which claimed the life of a dispatch rider. LASTMA General Manager, Mr Olalekan Bakare-Oki, confirmed the accident in a statement on Monday. He said preliminary findings showed that an empty NIPCO tanker, registration number TTN-776ZQ, allegedly speeding, rammed […]

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Open your toilets for public use, Lagos urges banks, others

The Lagos government says it has deployed 1,710 public toilets across the state to tackle open defecation. In a post on X on Saturday, Tokunbo Wahab, the commissioner for environment and water resources, said the facilities were strategically sited to improve access to sanitation for residents and visitors. “As part of our sustained efforts to […]

Economy

Lagos GDP to hit ₦73.15trn in 2026 — Report

The Lagos Development Update 2026 report has projected significant expansion in the state’s economy, with nominal Gross Domestic Product expected to rise to N73.15 trillion this year from N62.66 trillion in 2025, supported by easing inflation, stronger consumption, and improved revenue mobilisation. Speaking at the presentation of the report, Commissioner, Ministry of Economic Planning and […]

News

Lagos to open Ojota-Opebi link bridge to public this week

The Lagos State Government has announced that the Ojota-Opebi Link Bridge will be opened to the public this week. The Special Adviser on Media and Publicity to the Lagos Governor, Gboyega Akosile, made the disclosure in a statement on Monday, April 6. The bridge is one of several projects that President Bola Ahmed Tinubu is […]

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Lagos pharmacists urge digital innovation for better healthcare

The Association of Community Pharmacists of Nigeria, Lagos State chapter, has emphasised the need for continuous education and digital innovation to strengthen healthcare delivery. The community pharmacists also seek to expand their roles beyond traditional drug dispensing. Vanguard reported that this formed the focus of discussions at the 2026 Continuing Education Conference of the Association […]

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Fire razes textile shops in Lagos

Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by flames in the early hours of Saturday. The Lagos State Fire and Rescue Service disclosed this in a statement issued by its Controller General, Margaret Adeseye. According to the agency, the incident occurred […]

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
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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 […]

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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 […]

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