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Tag: Lagos

Lagos unveils plan to tax remote workers to generate N200bn
News

Lagos VIS to take action against Danfo, others

The Lagos State Vehicle Inspection Service has promised to concentrate its enforcement efforts on commercial yellow-branded buses in the state that are often referred to as “Danfo” and “Korope” buses and that are in violation of the Road Traffic Law 2021. According to The Times, On Monday, February 19, 2024, during an appearance on Channels Television’s […]

Lagos vows to uphold monthly rent agreement
Real Estate

Lagos budget allocation can’t meet housing gap – Commissioner

Lagos State’s Commissioner for Housing, Moruf Akinderu-Fatai, has said budgetary allotments are insufficient to meet the state’s housing shortage. According to The PUNCH, he revealed this during a recent media briefing in Lagos, when he provided an overview of the state government’s housing intervention plans for the year. “The state budget cannot meet the enormous gap […]

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

Lagos maintains top spot for capital inflow into Nigeria

Melvin Onwubuke Lagos has maintained it’s position as the top recipient of Capital Influx in Nigeria during the fourth quarter of 2023. According to Nairametrics analysis of the published National Bureau of Statistics report, in regards to capital importation in Nigeria in Q4 2023. Capital inflow into Lagos State totaled $771.68 million during the fourth […]

CBN stops foreign oil corporations from sending all fx proceeds abroad
featured

Relocated CBN staff to resume Lagos office February 2

The Central Bank of Nigeria’s redeployed staff, estimated at 1,533 or 36.22 per cent, are due to resume in the Lagos headquarters on Friday, February 2. According to The PUNCH, a person who was privy with the situation stated the plan was still in place and affected employees would return this weekend. “Yes, the plan is […]

Lagos unveils plan to tax remote workers to generate N200bn
Aviation

Lagos State considers building own airline

Lagos State has considered establishing an airline for passenger operations as it prepares to begin construction of its own airport in Lekki. According to Arise News, Governor Babajide Sanwo-Olu disclosed the idea on Thursday during the Lagos West Senatorial District People’s Town Hall Meeting. Sanwo-Olu said that the proposal had been in the pipeline for […]

US mission in Nigeria launches tech centre in Lagos
Tech

US mission in Nigeria launches tech centre in Lagos

Alex Omenye The United States Mission in Nigeria has launched an advanced American Space in Lagos, named the American Corner Lekki. The centre is aimed at promoting youth innovation, entrepreneurship, and creativity. This technology hub aligns with the Biden Administration’s U.S. Strategy for Sub-Saharan Africa, emphasizing digital transformation and the development of an inclusive digital […]

Lagos shuts down Lekki Conservative Centre
News

Lagos shuts down Lekki Conservative Centre

The Lagos State government, through the Lagos State Safety Commission, has ordered the immediate shutdown of the Lekki Conservation Centre. In a Facebook post on Monday, the centre stated, “Following the viral social media post on the State of the facility at the Lekki Conservation Centre, the Lagos State Government through its agency, Lagos State […]

Lagos council to launch 200 electric minicabs in March
Business

Lagos council to launch 200 electric minicabs in March

The Chairman of Ikoyi Obalende Local Council Development Area in Lagos State, Fuad Atanda-Lawal, has announced intentions to roll out 200 electric mini-cabs as part of the council’s empowerment program in 2024. The Times reported that this project, announced during a press event at the council secretariat, is expected to be implemented in two phases by the end of […]

FG relocates FAAN headquarters from Abuja to Lagos
Aviation

FG relocates FAAN headquarters from Abuja to Lagos

The federal government has announced the relocation of the Federal Airport Authority of Nigeria from Abuja to Lagos. FAAN’s managing director and chief executive officer, Olubunmi Kuku, stated this in a circular dated January 15, 2024. According to Kuku, the Minister of Aviation and Aerospace, Festus Keyamo, gave the order to relocate the headquarters to Lagos. In […]

Optimera Energy establishes gas facilities in Lagos Free Zone
Oil and Gas

Optimera Energy establishes gas facilities in Lagos Free Zone

Optimera Energy LFZ Enterprise has begun development of infrastructure at the Lagos Free Zone to supply natural gas to zone businesses. According to The PUNCH, the Managing Director of Optimera Energy, Mrs Audrey Joe-Ezigbo, revealed during the zone’s groundbreaking event on Tuesday that the infrastructure included a 25 million Standard Cubic Feet per day City Gate Station, […]

LASEPA seizes three Lagos tankers over illegal diesel sales
Oil and Gas

LASEPA seizes three Lagos tankers over illegal diesel sales

The Lagos State Environmental Protection Agency, has seized three tankers selling Automative Gas Oil also known as diesel along Taslim Elias Close in Victoria Island. The statement which was announced on Saturday via X revealed that they acted based on complaints from residents regarding illegal fuel sales in the area. “The apprehended trucks were discovered […]

Lagos ranked 8th African city with best healthcare
News

Lagos ranked 8th African city with best healthcare

Numbeo, a research firm focusing on data that centers around quality of life has ranked Lagos as the 8th city with the best healthcare system in Africa. In the list, Numbeo uses an elaborate algorithm to arrive at ranked Cape Town in South Africa first, Pretoria second, and Nairobi third. Modern, high-tech hospitals are starting […]

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