Lagos
Lagos Tech Ecosystem Surges Past $9 Billion, Sets New Benchmark for Africa’s Innovation Growth
Tech

Lagos Tech Ecosystem Surges Past $9 Billion, Sets New Benchmark for Africa’s Innovation Growth

Lagos State’s booming tech startup scene has crossed the $9 billion valuation mark, further cementing its status as a premier hub for innovation in Africa. This revelation was made by the Lagos State Commissioner for Innovation, Science, and Technology, Tunbosun Alake, during a high-profile breakfast meeting with global investors at the ongoing GITEX Global tech […]

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Lagos Set to Reduce 1.5 Million Tons of CO2 with Zoomlion’s €40 Million Waste Project
News Sectors

Lagos Set to Reduce 1.5 Million Tons of CO2 with Zoomlion’s €40 Million Waste Project

Zoomlion Nigeria Limited, a subsidiary of the Jospong Group of Companies (JGC), has reached a significant milestone by securing a groundbreaking €40 million export agreement with German firms FIMA Industries GmbH and FAUN Umwelttechnik GmbH. This deal, supported by the German government’s export credit agency, Euler Hermes, and Oddo BHF Bank, marks a major step […]

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Delta Air Lines to Launch Daily Flights from Lagos to New York by December 2024
Aviation Sectors

Delta Air Lines to Launch Daily Flights from Lagos to New York by December 2024

Delta Air Lines, the United States’ oldest operating airline and the seventh-oldest globally, is set to reintroduce daily flights from Lagos to New York in December 2024. The airline plans to upgrade its aircraft for this route, transitioning from the Airbus A330-200, which seats 223 passengers, to the larger Airbus A330-900neo with a capacity of […]

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Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st
Energy Sectors

Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st

Starting October 1, 2024, the Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin distributing 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians in the transportation sector across the country. This initiative is part of the government’s strategy to promote more affordable and eco-friendly transportation solutions. The PCNGi announced the program […]

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Lagos to Revolutionise Lekki-Epe Corridor Traffic with New E-Call-Up System Starting September 23.
News Sectors

Lagos to Revolutionise Lekki-Epe Corridor Traffic with New E-Call-Up System Starting September 23

News Highlights: The Lagos State Government has announced that the electronic call-up (e-call-up) system will take effect on the Lekki-Epe corridor starting September 23, 2024. This decision follows a postponement from the original August 1, 2024, rollout date. The e-call-up system is a digital platform designed to regulate truck movements within the Lekki-Epe Free Trade […]

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Startups Technology

Timbuktoo hub is looking to build innovative startup ecosystem for Africans

The Timbuktoo initiative, sponsored by the United Nations Development Programme’s (UNDP) Regional Bureau for Africa, was launched in Nigeria to mobilize and invest $1 billion in public and private funding over the next decade to help fuel Africa’s startup revolution. The Lagos event brought together representatives from various organizations, including governments, the private sector, development […]

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