Team Rafa takes pole position at E1 Lagos grand prix qualifying

Lagos, Nigeria – October 5, 2025Team Rafa, owned by tennis legend Rafael Nadal, dominated the qualifying session of the E1 Lagos Grand Prix, securing pole position in a dramatic race on the Lagos Lagoon. The event, presented by FirstBank, marks the African debut of the E1 Championship, the world’s first all-electric powerboat racing series. The…

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Lagos hosts historic E1 grand prix ceremony in Victoria Island

Lagos, Nigeria – October 5, 2025The Lagos State Government has officially concluded the E1 Lagos Grand Prix, marking the first-ever E1 Championship event held on African soil. The closing ceremony took place in Victoria Island, with Governor Babajide Sanwo-Olu highlighting the event as a milestone in innovation, clean energy, and global sports tourism. Governor Sanwo-Olu…

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Lagos government begins demolition of illegal structures at trade fair complex

The Lagos State Government has initiated the demolition of illegal and structurally unsafe buildings at the Trade Fair Complex in Ojo, as part of its wider efforts to enforce physical planning regulations and restore order in the area. The Senior Special Assistant on New Media to Governor Babajide Sanwo-Olu, Jubril Gawat, confirmed the development in…

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Lagos Assembly mourns Late Ex-Council Chairman, others

The Lagos State House of Assembly has expressed deep sorrow over the passing of Samuel Aina, a former chairman of Oshodi/Isolo Local Government, and other recently deceased councilors in the state. At plenary on Tuesday, Hon. Stephen Ogundipe, Chairman of the House Committee on Information, highlighted Aina’s notable contributions, including overseeing the construction of the…

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LBIC pre-tax profit rises 40% to n1.16bn amid strong 2024 performance

Lagos Building Investment Company Plc (LBIC) has posted a 40% increase in Profit Before Tax (PBT), hitting N1.16 billion in 2024, up from N829 million in 2023 — a performance the company attributes to strategic innovation and value-driven initiatives. At its recent Annual General Meeting held in Ikeja, the Chairman, Hakeem Ogunniran, praised the company’s…

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