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Tourism Injects N4.1 trillion into Lagos GDP

Tourism Injects N4.1 trillion into Lagos GDP The tourism industry in Lagos is playing a vital role in the state’s economic growth, contributing N4.1 trillion to its Gross Domestic Product (GDP), according to fresh insights shared during the World Tourism Day celebration. The event, organized by...

Dangote Refinery: Group Takes Lagos Gov’t to Court Over $100m Land Deal

Dangote Refinery: Group Takes Lagos Gov't to Court Over $100m Land Deal The Lagos State Government has been dragged before the Federal High Court sitting in Ikoyi, Lagos, to be compelled to release information about whether or not Alhaji Aliko Dangote’s recent claim that he...

Lagos Partners Chinese Firm to Construct Green Line Rail

Lagos Partners Chinese Firm to Construct Green Line Rail The Lagos government has signed a memorandum of understanding (MoU) with the ministry of finance incorporated (MOFI) and China Harbour Engineering Company (CHEC) to construct the green line rail in the state. In an announcement on Thursday,...

Lagos to Launch Electronic Tax Portal Mid-August

Lagos to Launch Electronic Tax Portal Mid-August The Lagos state government says it will launch its online tax platform on August 15. The platform is called the ‘Lagos Revenue Portal (LRP)’, said Abdul-Kabir Ogungbo, special adviser to Babatunde Sanwo-Olu, Lagos governor, on taxation and revenue. Ogungbo, who...

Lagos Records $2.8b Capital Importation in Q1 2024

Lagos Records $2.8b Capital Importation in Q1 2024 The Lagos State Government has disclosed that capital importation into state amounted to US$2,782.41 million, which was over and above the entire capital importation it received in 2023 and accounted for 82.42 per cent of the total...

Lagos Beats Dubai, Beijing, Others, Ranks 19th Best City to Live

Lagos Beats Dubai, Beijing, Others, Ranks 19th Best City to Live By Zekeri Idakwo Lagos has ranked 19th out of 50 best cities to live in across the world, according to a 2024 ranking by Time Out Magazine. "With its vibrant nightlife, growing arts scene, and stunning...