Business

SEC DG secures second term as IOSCO regional

  • 24th March 2026

FG launches national single window to cut port

  • 24th March 2026

Unilever Nigeria’s profit surges 128% to ₦51.7bn

  • 24th March 2026

FG moves to tackle gas shortages disrupting power

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Gradual removal of old naira notes continues – CBN

Naira opens Wednesday with marginal gains at ₦1,375.61/$

Finance

Dangote Refinery suffers 79 million barrels crude supply shortage

featured Oil and Gas

Signature Bank appoints Alex Alozie as deputy MD

Appointments
[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables

Lagos-Calabar coastal road to boost Nigeria’s GDP to $14trn

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Tag: Lagos State

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
News

Lagos raises N245bn for major infrastructure devt projects

Lagos State has successfully raised N244.82 billion through the issuance of green and conventional bonds, with proceeds earmarked for major infrastructure projects across the state. Speaking at the Ministry of Finance and DMO bond signing ceremony in Lagos, Governor Babajide Sanwo-Olu thanked investors for their strong confidence in the state, noting that the issuance is […]

News

Lagos postpones Lekki-Ajah corridor rehabilitation

The Lagos State Government has indefinitely postponed the planned rehabilitation of the Lekki-Ajah corridor. The announcement was made in a statement by Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, on his official X (formerly Twitter) account on Tuesday, November 18, 2025. Osiyemi noted that the works, originally scheduled to begin on November 15, have been […]

Maritime

NPA confirms 20 ships offloading food, fuel at Lagos ports

The Nigerian Ports Authority announced on Wednesday that 20 ships were currently discharging petroleum products and food items across the Lagos ports, specifically at Apapa, Tincan, and Lekki Ports. This information was detailed in the NPA’s publication, ‘Shipping Position’, a copy of which was provided to the News Agency of Nigeria in Lagos. The contents […]

Gas export: FG records N1.2tn loss
featured News

One injured as gas explosion rocks Lagos market

A gas explosion occurred on Sunday afternoon at Orisunmibare Market in the Orile-Iganmu area of Lagos State, but the situation was quickly brought under control by men of the Lagos State Fire and Rescue Service. The blast, which took place around 2:13 p.m., originated from a gas retail outlet housing multiple cylinders of different sizes. […]

N40,000 rice initiative targets public servants, others to follow
featured Food

Rice prices crash in Lagos markets over import surge

Rice prices have dropped sharply in several Lagos markets due to a surge in border imports, easing the financial burden on consumers. This development, however, has raised concerns among traders over reduced profits and the sustainability of their businesses. The News Agency of Nigeria reported that a 50kg bag of rice in Lagos currently sells […]

Finance

Lagos’ ₦3.355trn 2025 budget hits 80% performance – Omotosho

The Lagos State Government has announced that its ₦3.366 trillion 2025 budget has achieved an impressive 80 percent cumulative performance as of October. Gbenga Omotoso, Commissioner for Information and Strategy, disclosed this during a weekend media chat at Alausa, Ikeja, noting that both revenue generation and capital project execution were performing strongly. Omotoso provided the […]

featured News

LASAA staff cleared of fraud, sanctioned for no-cash policy breach

The Lagos State Signage and Advertisement Agency has announced that an internal investigation has cleared a staff member of a fraudulent transaction allegation that recently went viral on social media. However, the employee will still face disciplinary action for violating the agency’s strict ‘no cash’ policy and using a personal account for the transaction. The […]

Aviation auditors begin security audits of Lagos, Abuja airports
Transportation

NAF to close Lagos airport road for walk/jog exercise

The Nigerian Air Force Headquarters Logistics Command has announced the temporary closure of certain sections of the Murtala Muhammed Airport Road, Lagos, on Saturday, October 18, 2025. This closure is necessary to allow for the Command’s routine 10-kilometre Walk/Jog Exercise. According to a statement signed by the Command Public Relations Officer, Squadron Leader Abigail Ologun, […]

News

Two arrested at Lagos airport with undeclared foreign currencies

The Economic and Financial Crimes Commission has launched an investigation into two travellers, identified as Mamud Nasidi and Yahaya Nasidi, who were found in possession of undeclared foreign currencies totalling over $6,000 and £53,000 at the Murtala Muhammed International Airport, Terminal 2, in Lagos. The anti-graft agency confirmed the development in a statement posted on […]

Lagos has maintained it's position as the top recipient of Capital Influx in Nigeria during the fourth quarter of 2023 (Q4 2023).
Conferences

Lagos targets Africa’s model megacity with global safety summit

The Lagos State Government is set to host the Lagos State Occupational Safety and Health Conference on Tuesday, October 7, 2025, a high-level gathering aimed at repositioning safety as a central pillar of the state’s economic and social transformation. The landmark event, themed “Occupational Safety and Health (OSH) as a Catalyst for Nation Building,” is […]

Maritime

Second LNG-powered containership berths at Lagos port

Gold Star Line has become the latest foreign shipping company to sail a vessel powered by alternative energy into Nigeria’s seaports with the berthing of its first Liquefied Natural Gas-powered containership, the MV Sapphire, at APM Terminals in Apapa, Lagos. The vessel, built in 2024 and sailing under the flag of Singapore, boasts a capacity […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
Business

Lagos eyes 45,000 building permits annually to manage urban growth

The Lagos State Government has set a target of issuing up to 45,000 building permits each year to better regulate development and keep pace with the state’s rapid urban expansion. Commissioner for Physical Planning and Urban Development, Dr. Olumide Oluyinka, revealed this on Wednesday during a press briefing in Alausa, according to the NAN. He […]

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