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Tag: Lagos

FG targets 6500 megawatts power generation in six months
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FG transfers Lagos electricity market regulation to LASERC

The Federal Government, via the Nigerian Electricity Regulatory Commission, has transferred the regulatory responsibility for the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission. This was disclosed in a statement by NERC on X (formerly Twitter) on Thursday. This transfer of regulatory oversight follows the amended provisions of the Nigerian […]

US Consulate introduces new two-visit requirements for visa applicants
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US Consulate introduces new two-visit requirements for visa applicants

Immigrant visa applicants with interviews scheduled at the U.S. Consulate in Lagos will now be required to visit the consulate twice as part of a new procedure aimed at streamlining the visa process and reducing delays. The U.S. Department of State’s Consular Affairs department announced that the change, effective for applicants with interviews after January […]

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Lagos, EU-Africa sign EoI to enhance technology transfer, advance SDGs

The Lagos State Government has signed an Expression of Interest with the EU-Africa Chamber of Commerce to advance sustainable development. The partnership will focus on unlocking climate financing, promoting technology transfer, and supporting green economic growth. This initiative aligns with Governor Babajide Sanwo-Olu’s vision of making Lagos a sustainable and resilient mega city. The EoI […]

UK launches Africa's largest visa application centre in Lagos
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UK launches Africa’s largest visa application centre in Lagos

The United Kingdom has officially opened its largest Visa Application Centre in Africa, located in Ikeja, Lagos. This new facility, which is operated in partnership with VFS Global, represents a significant step in enhancing visa application services for Nigerian residents. The new Ikeja centre, along with existing centres in Abuja and Victoria Island, Lagos, began […]

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Lagos startup accelerator Techstars shuts down after two years

Alex Odense Two years after its highly anticipated launch, the ARM Labs Lagos Techstars Accelerator, known as Techstars Lagos, has closed its doors, abruptly ending its third cohort, which began in March 2024. The decision was confirmed by Matthew Grossman, Techstars’ global Chief Brand and Communications Officer, in an email. “Techstars’ partnership with ARM Labs […]

Lagos unveils plan to tax remote workers to generate N200bn
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Lagos unveils plan to tax remote workers to generate N200bn

The Lagos State government has launched an ambitious plan to generate an additional N200 billion annually by broadening its income tax base and employing advanced digital solutions to enhance revenue collection. This initiative is set to be a central topic at the upcoming EKO Revenue Plus Summit, scheduled for September 25-26, 2024, under the theme […]

Lagos ban articulated trucks on Lekki-Epe expressway
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Lagos ban articulated trucks on Lekki-Epe expressway

The Lagos State Government has announced a ban on articulated trucks using the Lekki-Epe corridor during peak hours, effective August in a bid to ease traffic congestion and enhance road safety. This directive will coincide with the launch of the electronic call-up system aimed at regulating truck movement in the area. Mr. Oluwaseun Osiyemi, Lagos […]

Lagos plans CNG-powered buses by end of 2024
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Lagos plans CNG-powered buses by end of 2024

The Lagos State Government has unveiled plans to introduce compressed natural gas-powered buses for public transportation operations by the fourth quarter of 2024, pending any unforeseen challenges. This initiative, announced by the Lagos Metropolitan Area Transport Authority, is part of a broader strategy to adopt biogas as an alternative fuel source for state-regulated buses, aimed […]

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Lagos partners CIG motors to enhance public transport

Governor Babajide Sanwo-Olu of Lagos State presided over the signing of a significant joint venture agreement between IBILE Holdings Limited, a state-owned corporation, and CIG Motors Company Limited. This partnership, heralded as a transformative move for Lagos’ transport sector, involves the acquisition of 5,000 new vehicles for the LAGRIDE fleet, injecting $260 million into the […]

Lagos unveils plan to tax remote workers to generate N200bn
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Lagos allocates N25bn for SME development projects

Governor Babajide Olusola Sanwo-Olu of Lagos State has announced that approximately N25 billion has been disbursed to Small and Medium Enterprises through the Lagos State Employment Trust Fund over the past six years. This initiative aims to bolster productivity and stimulate economic growth across the state. Speaking at the 2024 Business Day Newspaper CEO Forum […]

Police rescue Fouani brothers abducted in Lagos
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Police rescue Fouani brothers abducted in Lagos

The Lagos police command has announced the successful rescue of the three Fouani brothers, who were abducted on June 14. The brothers, identified as Abbas, Youssef, and Amtal Fouani, were reportedly kidnapped around 6 pm on June 14 while returning by boat from their factory in Apapa to Victoria Island. The Fouani brothers are associated […]

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Lagos partners stakeholders on zero carbon emissions

The Lagos State Government has concluded plans to partner with stakeholders to achieve Zero-Carbon Lagos by 2055. This was revealed during the inaugural stakeholders meeting organised by the Special Adviser on Climate Change and Circular Economy to the Lagos State Governor, Titilayo Oshodi, on Tuesday in Lagos. Commenting during the event, Lagos State Governor, Babajide […]

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