By Nkanu Egbe Lagos is no longer talking about agriculture as a rural support activity; it is now presenting food as a major urban economy, with the state framing itself as a systems hub rather than just a consumer market. That shift matters because Lagos says its food economy is worth ₦16.14 trillion, and the Read More…
As the Federal Executive Council approves the full reconstruction of a colonial-era crossing and greenlights a 68-kilometre rail spine through Lekki, the city faces its most disruptive — and potentially most transformative — infrastructure moment in a generation. By Nkanu Egbe For more than a century, the Carter Bridge has borne the weight of Lagos Read More…
A Return Framed by Politics, Defined by Economics President Bola Tinubu’s return to Lagos at 1.15 a.m. on Friday, March 20, after his UK state visit was politically choreographed around Eid-el-Fitr, but economically the bigger story travelled back with him in paperwork, signatures and financing guarantees. Before leaving London, Tinubu witnessed the sealing of a Read More…
By Joy Mfon Essien The Lagos Business Reality Lagos is not just Nigeria’s commercial capital—it is its economic heartbeat. From the ports of Apapa to the tech hubs of Yaba and the corporate towers of Victoria Island, the city hums with relentless energy. Every day, thousands of entrepreneurs launch new ventures, drawn by the promise Read More…
News-Analysis for Lagos MetropolitanBy Nkanu Egbe When Lagos State unveiled the Senator Oluremi Tinubu Industrial Leather Hub in Mushin this September, the fanfare was about far more than shiny machines and speeches. Officials promised 10,000 direct and indirect jobs, training for 150,000 artisans, and export earnings of US $200–250 million a year once the facility Read More…
President Muhammadu Buhari on Tuesday pledged that the Federal Government would support massive investments in Lagos State to boost its economic potential as one of the world’s fastest growing megacities. Buhari made the pledge in a virtual goodwill message during the Lagos Economic Summit (Ehingbeti) 2021 themed: ”For a Greater Lagos: Setting the Tone for Read More…
Lagos State Governor, Mr Babajide Sanwo-Olu says the state will be a megacity standing proudly beside every other one in many areas by the year 2030, going by the transformation in process. Sanwo-Olu said this on Tuesday, during the Lagos Economic Summit (Ehingbeti) 2021,with the theme: ”For a Greater Lagos: Setting the tone for the Read More…
The Lagos Chamber of Commerce and Industry (LCCI) has advised policy makers on the formulation and implementation of policies to facilitate sustainability as business operators grapple with the devastating impact of the COVID-19 pandemic. Mrs Toki Mabogunje, President, LCCI. gave the advice at a press conference on the state of the economy, on Tuesday in Read More…
The Lagos Chamber of Commerce and Industry (LCCI) has hinged the 6.1 per cent Gross Domestic Product (GDP) contraction according to the National Bureau of Statistics (NBS) on the socio-economic disruptions of COVID-19 pandemic. Dr Muda Yusuf, Director-General LCCI made this known in an economic report released to newsmen on Monday in Lagos. Yusuf noted Read More…
The Lagos Chamber of Commerce and Industry (LCCI) has called for inclusion and engagement of the Organised Private Sector (OPS) in the Economic Sustainability Plan (ESP) Committee for economic recovery during and after COVID-19 pandemic. Mrs Toki Mabogunje, LCCI President, made the call at the Chamber’s third edition on the state of the Nigerian Economy Read More…
