lagos economy

  1. Lagos Now Africa’s 2nd-Largest City Economy as GDP Reaches $259 Billion

    Nigeria Lagos Now Africa’s 2nd-Largest City Economy as GDP Reaches $259 Billion

    Lagos has emerged as Africa’s second-largest city economy, with its GDP reaching $259.75 billion, surpassing other major African cities except Cairo. The state’s economy expanded to N27.38 trillion in 2024, driven by infrastructural investments and economic reforms. However, experts urge...
  2. Economic Desperation Drives Lagos Residents to Sell Semen for Survival

    Nigeria Economic Desperation Drives Lagos Residents to Sell Semen for Survival

    In the bustling streets of Lagos, where economic hardship looms large, an unconventional avenue for financial sustenance has emerged: the trading of male semen. Amidst the struggle to make ends meet, individuals are turning to innovative means of income generation, with some venturing into...
  3. Foreign Investors Snub 28 Nigerian States as Lagos Dominates with $1.48 Billion Investments

    Nigeria Foreign Investors Snub 28 Nigerian States as Lagos Dominates with $1.48 Billion Investments

    Foreign investors exhibited a noticeable shift in their preferences as capital importation into Nigeria declined by 30 percent, amounting to $2.16 billion in the first half of 2023, compared to $3.11 billion during the same period in the previous year. This revelation was made in the National...
Back
Top