News
Lagos Seeks Global Investment for $9 Billion Startup Ecosystem
The Lagos State Government is partnering with the Dubai World Trade Centre to attract global investors to its growing startup ecosystem, worth $9 billion. During meetings in Dubai, Deputy Governor Obafemi Hamzat and Commissioner for Innovation, Science, and Technology, Tunbosun Alake, discussed strategies to draw international investments ahead of GITEX Nigeria 2025, a tech event expected to boost Nigeria’s economy by $25 million.
Alake highlighted that Lagos is home to over 2,000 tech startups, including successful companies like Flutterwave and OPay, with fintech making up about 40% of the industry. He encouraged potential investors to seize opportunities in Lagos, which has a skilled workforce and innovative ideas.
The 2024 Startup Index ranked Lagos 70th globally among top startup cities, making it one of only two African cities in the top 100. Alake expressed optimism about recent growth, supported by new regulations like the Startup Bill, and invited stakeholders to join Lagos’s entrepreneurial journey. LohMirmand emphasized Nigeria’s importance as Africa’s largest AI market and its role in the global tech landscape.
News
Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident
An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.
According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.
The survivor has since been taken for proper medical care, while further details are yet to be released.
Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.
News
Anthony Joshua Discharged from Hospital After Fatal Car Crash
It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.
The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.
Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.
News
‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law
It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.
This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.
“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”
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