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Lagos ports handled an estimated ₦35.07 trillion, representing 84.6 per cent of Nigeria’s ₦41.44 trillion total merchandise trade in the second quarter of 2026, highlighting the state’s continued dominance as the country’s principal gateway for international commerce. The concentration of trade across Apapa, Lekki and Tin Can Island ports also has wider implications for Lagos’ logistics, industrial and commercial property markets, as sustained cargo activity increases demand for warehouses, distribution facilities, industrial sites and supporting infrastructure.
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Lagos Ports Handle 84.6% of Nigeria’s ₦41.4tn Trade
Lagos’ ports handled an estimated ₦35.07 trillion, representing 84.6 per cent of Nigeria’s ₦41.44 trillion total merchandise trade in the second quarter of 2026, reinforcing the state’s position as the country’s dominant trade and commercial gateway.
Karu Road Upgrade Boosts Property Potential as Traffic and Flooding Ease
The completion of a 15-kilometre road network in Karu, Federal Capital Territory, is improving mobility, reducing flooding and supporting commercial activity, developments that could also strengthen the area’s prospects for residential and commercial property investment. Residents and commuters have described the upgraded corridor as a major improvement after years of traffic congestion and poor drainage
Blu Dot surpasses 2,000% ROAS with self-serve CTV ads
Blu Dot used Roku Ads Manager to drive incredible results for its furniture sales event. Its strategy hinged on custom audiences and retargeting, where intent was strongest.
“Roku has been a top performer,” said Blu Dot’s Claire Folkestad. “We have seen…CPMs lower than any other CTV partner we've worked with.”
Lagos Housing Affordability Crisis Puts Pressure on Next Government
Lagos’ worsening housing affordability crisis is putting pressure on Kadri Obafemi Hamzat to set out a clear housing agenda as he seeks to succeed Babajide Sanwo-Olu as governor of the state.
FG Targets 200 Telecom Towers to Connect Unserved Communities by December
The Federal Government’s plan to activate at least 200 telecommunications towers in previously unconnected communities by December could create new opportunities for residential, commercial and mixed-use property development as improved connectivity makes underserved locations more viable for economic activity.
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Garki Traders Ask FCTA to Halt Development Along Abuja Railway Corridor
The Garki Model Market Association (GAMMA) has asked the Federal Capital Territory Administration (FCTA) to immediately halt ongoing development along the railway transit corridor adjoining Garki Model Market in Abuja, warning that commercial conversion of the area could worsen congestion and undermine planned infrastructure.
Dangote IPO Shapes Investor Positioning as NGX Gains 0.10%
The Nigerian Exchange (NGX) closed higher on Monday as banking stocks supported the market on the first day of the ₦2.15 trillion Dangote Refinery initial public offering (IPO).
Quote of the day:
“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”
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