Lagos Faces Blackout Threat as Egbin Plant Collapse Triggers Power Crisis
LAGOS, Nigeria – Africa’s largest city is bracing for a potential prolonged blackout after a sudden shutdown of the Egbin Power Station wiped out…
Topic
Lagos economy
Three Weeks, Four Hikes: Lagosians Decry Fuel Price Crisis
LAGOS, Nigeria – Lagos residents reel from a wave of petrol price hikes within just three weeks, as motorists and commuters describe the surging…
Lagos Unveils Roadmap for Global Financial Centre Ambition
LAGOS, Nigeria – Lagos State unveils a formal roadmap to establish the Lagos International Financial Centre (LIFC), positioning Nigeria as West Africa’s leading financial…
Scrap Dealers Assert Role in Steel Supply Chain
LAGOS, Nigeria – Scrap dealers in Lagos have declared that they are legitimate contributors to Nigeria’s production and recycling economy, not vandals, stressing that…
Lagos, Rivers, FCT Dominate as States’ IGR Hits ₦3.63trn in 2024
LAGOS, Nigeria – Internally Generated Revenue (IGR) across Nigeria’s 36 states and the Federal Capital Territory (FCT) rose sharply by 49.7 per cent in…
Nigeria–UAE Trade Hits $4.3bn, Stronger Ties Urged
LAGOS, Nigeria – Trade between Nigeria and the United Arab Emirates (UAE) rose to $4.3 billion in 2024 for non-oil commodities, according to UAE…