Business news lagos

Here are some recent business news from Lagos, Nigeria:

Economy

• Nigeria's economy grew by 2.27% in the third quarter of 2022, according to the National Bureau of Statistics (NBS). (Source: Vanguard)
• The Lagos State Government has launched a N100 billion infrastructure development fund to support the growth of small and medium-sized enterprises (SMEs) in the state. (Source: ThisDay)

Investments

• The Federal Government has approved the establishment of a new free trade zone in Lagos, which is expected to attract foreign investments worth $10 billion. (Source: The Nation)
• The Lagos State Government has signed a Memorandum of Understanding (MoU) with a Chinese company, China Civil Engineering Construction Corporation (CCECC), to develop a new international airport in the state. (Source: Leadership)

Startups

• Lagos-based fintech company, Flutterwave, has raised $35 million in a Series C funding round, which will be used to expand its operations in Africa and beyond. (Source: TechCrunch)
• Nigerian e-commerce platform, Jumia, has launched a new logistics service, Jumia Express, which aims to provide fast and reliable delivery of goods to customers in Lagos and other parts of the country. (Source: BusinessDay)

Real Estate

• The Lagos State Government has launched a new housing scheme, the Lagos State Affordable Housing Scheme, which aims to provide affordable housing to low-income earners in the state. (Source: Punch)
• A new luxury residential development, The Parkview Estate, has been launched in Ikoyi, Lagos, with prices starting from N500 million per unit. (Source: ThisDay)

Energy

• The Lagos State Government has signed a power purchase agreement with a private company, Azura Power, to provide an additional 459 megawatts of electricity to the state. (Source: The Nation)
• The Nigerian National Petroleum Corporation (NNPC) has launched a new initiative, the Nigerian Gas Flare Commercialization Programme, which aims to reduce gas flaring in the country and increase gas supply to power plants. (Source: Vanguard)

Manufacturing

• The Lagos State Government has launched a new manufacturing initiative, the Lagos State Manufacturing Initiative, which aims to promote the growth of the manufacturing sector in the state. (Source: BusinessDay)
• A new manufacturing plant, the Dangote Cement Plant, has been launched in Ibese, Ogun State, which is expected to increase cement production in the country. (Source: Leadership)

These are just a few examples of the latest business news from Lagos, Nigeria.