Business

UK sets £40bn target for education exports by

  • 23rd January 2026

Cashew industry generates over $400m from export –

  • 23rd January 2026

Nestlé ‘recovers all plastic’ placed on Nigerian market

  • 23rd January 2026

Tinubu approves commercial oil exploration at Tongeji Island,

  • 23rd January 2026

Contact Info

Some Populer Post

Nigeria has no Turkish ambassador yet, says Presidency

Appointments

2026 budget: FG allocates N198.53bn for 9,230 intervention projects

Finance

Wizkid, Asake make African music history with ‘Jogodo’

News

NEITI, EFCC, ICPC strengthen alliance against corruption in oil

News

Tag: Lagos

News

Lagos unveils first phase of Lekki–Epe bus reform initiative

Lagos is set to begin regulated bus services on the Lekki–Epe corridor on December 8, introducing 229 high- and medium-capacity buses as part of the first phase of its new transit reform initiative. The Lagos Metropolitan Area Transport Authority announced on Tuesday that this rollout represents the initial stage of the Lekki–Epe Bus Reform Scheme. […]

Foreign airlines increase airfare by 20%
Business

Lagos records 18,273 international tourists in 2024

The Lagos State Government reported 18,273 international tourist arrivals in 2024, an increase from 16,798 in 2023 and 14,357 in 2022. The figures were disclosed on Tuesday in Ikeja during a Public Policy Engagement Session with ministries and agencies from the entertainment and tourism sectors, according to NAN. The session was organised by the Policy […]

Business

Lagos attracted $6bn foreign funding for tech startups – Sanwo-Olu

Lagos State attracted over $6 billion in foreign funding for tech startups between 2019 and 2024, Governor Babajide Sanwo-Olu said on Wednesday. Speaking at the GITEX Nigeria 2025 conference in Lagos, Sanwo-Olu described the state as the “innovation nerve center” of Africa, noting it accounted for more than 70% of Nigeria’s tech investment inflows during […]

Business

Lagos partners Siemens on waste-to-energy projects

The Lagos State Government has unveiled plans to collaborate with Siemens Group to support waste-to-energy initiatives that will convert municipal waste into electricity. The announcement was made on Tuesday via a statement shared on the state government’s official X account. The partnership will be jointly overseen by the Ministry of the Environment and Water Resources […]

World Fintech Day: All you need to know about the fintech industry
featured

Lagos ranked world’s fastest-growing tech city in 2025 

Lagos, Nigeria, has been crowned the world’s fastest-growing tech ecosystem for 2025, according to the Global Tech Ecosystem Index 2025 report released by Netherlands-based research firm Dealroom.co. The city’s vibrant tech scene, bolstered by five unicorns—Interswitch, Flutterwave, Jumia, OPay, and Moniepoint—has solidified its position as a magnet for startups and investors. The report places Lagos […]

Business

Lagos partners BOI, Sterling Bank to boost MSMEs

The Lagos State Government, in collaboration with the Bank of Industry and Sterling Bank, has launched a new initiative to support Micro, Small, and Medium Enterprises. In a statement on Wednesday, this partnership, formalized through a Memorandum of Understanding, will offer MSMEs access to single-digit loans at a 9% interest rate, aimed at fostering business […]

News

Lagos issues 100+ contravention notices for illegal land reclamation

The Lagos State Government, through the Ministry of Waterfront Infrastructure Development, has served over 100 contravention notices to individuals and developers engaged in unauthorized land reclamation in the Ikota area of Lekki. This enforcement exercise forms part of ongoing efforts to safeguard the state’s waterfront zones and enforce compliance with physical planning and environmental regulations. […]

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

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

Lagos State has solidified its status as one of Africa’s leading economic powerhouses, with its Gross Domestic Product reaching an impressive $259 billion based on purchasing power parity. This achievement positions Lagos as the continent’s second-largest city economy, following Cairo, Egypt. The announcement was made during the official launch of the Lagos Economic Development Update […]

C'River's 20km Road to boost economic growth - Lafarge
featured

Lagos, Lafarge partner to convert waste into fuel

The Lagos State Government, through the Ministry of Environment and Water Resources, has entered into a Memorandum of Understanding with Lafarge Africa PLC to utilize non-recyclable combustible waste as an alternative fuel. Under the agreement, Lafarge Africa will collect and process non-recyclable waste from various companies and dumpsites across the state, transporting it to their […]

News

Lagos agro-hub generates N2.495bn in first year

The Lagos State Government announced that the Mushin Fresh Food Agro-Hub recorded N2.495 billion in transactions during its first year, with contributions from 348 vendors. This was disclosed in a statement by the State Commissioner for Agriculture and Food System, Ms. Abisola Olusanya, according to NAN. The food hub attracted 75,000 visitors who engaged in […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in