Dangote Refinery: Aliko Came to Lagos 45 Years Ago with Nothing — Sanwo-Olu   The Governor of Lagos State, Babajide Sanwo-Olu, has commended Africa's richest man, Aliko Dangote, on the inauguration of the Dangote Refinery at Ibeju-Lekki, Lagos, on Monday. During his speech at the refinery's inauguration,...

Lagos to Borrow N350bn to Fund 2023 Budget Lagos State Governor, Babajide Sanwo-Olu, on Thursday revealed that the state will borrow N350 billion to fund the 2023 budget. The governor had presented a budget of N1.69 trillion to the State House of Assembly for approval for...

JUST IN: Metropolitan Trains for Lagos Red Line Project Arrive  The Governor of Lagos State, Babajide Sanwo-Olu, has announced the arrival of metropolitan trains for the Red Line project. Sanwo-Olu made this announcement in a series of tweets on Tuesday via his official Twitter handle. “On 15th...

Lagos to Receive Two EMU Coaches for Blue Rail - Sanwo-Olu The Governor of Lagos State, Babajide Sanwo-Olu, has revealed that two sets of Electric Motor Unit (EMU) coaches procured for the Blue Line operations would arrive in Lagos from China in October. Sanwo-Olu stated this...

Microsoft Spends $200m on ADC initiative The ADC's Managing Director in West Africa, Gafar Lawal, says Microsoft has spent $200 million since it introduced its African Development Centre in 2019. This was revealed at the opening of the office in Lagos. He said the ADC had...

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure   Lagos State has signed a 10-year Bond to raise N137.3billion to finance key infrastructural projects in the state. The 13 per cent Fixed Rate Series IV Bond Issuance, under the N500 billion Fourth Debt Issuance Programme, is...