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 In a bold move to confront the pressing social and economic challenges threatening urban resilience, the Lagos State Government has partnered with Sterling One Foundation to organise the second edition of Invest Lagos, a high-level investment summit set to hold on July 9. The summit is being held as a prelude to the Africa Social Impact Summit (ASIS), which will take place on July 10 and 11 at the Eko Hotels and Suites, Victoria Island, Lagos. With Lagos battling the pressures of rapid urbanisation, population growth, housing deficits, transport gridlock, climate threats, and rising inequality  the events aim to galvanise investment solutions to tackle what observers have described as “the hellish complexity” of running Africa’s most populous city. Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Bada Ambrose, disclosed this at a press briefing held at the Press Centre, Alausa, Ikeja, noting that Invest Lagos 2.0 is themed “Scaling Action: Bold Sol...

  The Lagos State Government, in collaboration with Afreximbank and ImpactHER, has launched a six-week training programme for 253 SMEs to boost export promotion efforts.   After the training, 20 outstanding SMEs will be selected to attend the Intra-Africa Trade Fair (IATF) in Algiers, Algeria, scheduled for September 2025.   Commissioner for Commerce, Cooperative, Trade and Investment, Mrs Folasade Ambrose, announced this during the programme’s launch in Alausa, Ikeja.   She said the initiative aims to broaden the reach of Micro, Small and Medium Enterprises (MSMEs) and recognise their role in economic development.   Ambrose described the opportunity as a gateway to 1.3 billion consumers across Africa, attracting buyers, investors, and policy influencers.   She added the programme would help position Lagos-based businesses as globally competitive exporters, fostering wealth creation and job opportunities.   Ambrose noted that export readiness is vital ...