Connect with us

News

Lagos Tops World’s Fastest Growing Tech Cities In The world [See Top 5]

Published

on

Lagos has been named the world’s fastest-growing tech city for 2025, according to the Global Tech Ecosystem Index 2025 released by Netherlands-based research firm Dealroom.co.

The Nigerian commercial hub tops the list ahead of Istanbul, Turkey, and Pune, India. Lagos was ranked under the “Rising Stars” category, highlighting cities with rapidly expanding tech ecosystems that are outperforming global counterparts in growth relative to their economic size.

According to Dealroom.co, Lagos has achieved an 11.6x increase in ecosystem valuation since 2017 and has produced five tech unicorns: Interswitch, Flutterwave, Jumia, OPay, and Moniepoint. These accomplishments have set Lagos apart as a prime destination for startups and venture capital in Africa and beyond.

Advertisement

This year, Lagos (#1) is topping the list, having created five unicorns and grown its ecosystem valuation 11.6x since 2017 despite having a smaller economy,” the report stated.

READ ALSO: Commissioner Reveals Crime Hotspots In Lagos

Other cities rounding out the top five fastest-growing tech hubs include:

Advertisement

Lagos, Nigeria
Istanbul, Turkey
Pune, India
Belo Horizonte, Brazil
Curitiba, Brazil
Additional cities highlighted in the report include Mumbai (India) and Riyadh (Saudi Arabia), signalling strong momentum in emerging markets across Africa, Asia, and Latin America.

The “Rising Stars” list evaluates cities based on startup ecosystem growth, unicorn creation, and increases in enterprise value—factors adjusted for local GDP and cost of living to ensure fair comparisons.

The rise of Lagos as a global tech powerhouse has coincided with strategic investments under the administration of Governor Babajide Sanwo-Olu. The Lagos State Science Research and Innovation Council (LASRIC) has made over ₦1 billion in grants available to support local startups.

Advertisement

READ ALSO: Govt Kicks As Controversial Influencer Tagged Lagos Smelly, Mosquito-infested City

Reacting to the report, Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, quoted Governor Sanwo-Olu saying: “We are thrilled but not surprised because of the hard work that our youths are doing. We plan to make Lagos a big centre for tech experts. If Microsoft or Google and other giants are looking for good hands, there will be a big pool from which they can draw.”

Sanwo-Olu also pointed to the vibrancy of the city’s innovation scene. “Thousands of our youths are busy at tech hubs, using technology to resolve everyday challenges. We will keep encouraging them,” he said.

Advertisement

The recognition from Dealroom.co follows other accolades for Lagos, including its inclusion by Time Out Magazine as one of the Top 3 African Cities to Visit in 2025.

News

Edo NLC Crisis: Caretaker Committee Drags Rival Exco, Govt To Court

Published

on

By

The division in the Edo State Council of the Nigeria Labour Congress (NLC), took a new dimension on Wednesday as Prof. Monday Monday Lewis Igbafen-led caretaker committee approached the National Industrial Court of Nigeria, Benin Judicial Division, seeking to affirm its authority and restrain a rival executive from parading itself as the council’s leadership.

Joined in the suit are the Edo State Government, the Commissioner for Labour and Productivity, and the Attorney-General and Commissioner for Justice.

In a suit marked: NICN/BEN/12/2026, and filed before the court in Benin, the claimant, Igbafen, acting for himself and on behalf of the NLC Caretaker Committee in Edo State, is challenging the continued occupation of the union’s secretariat and control of its assets by members of the Bernard Egwakhide-led factional State Executive Council.

Advertisement

READ ALSO:Edo NLC Divided Over May Day Celebration

The claimants are asking the court to declare that the caretaker committee (Igbafen-led faction), constituted on August 11, 2025, by the NLC national leadership, remains the only lawful authority to administer the affairs of the Edo State Council pending fresh elections.

They further seek a declaration that the continued occupation of the NLC secretariat located at No. 1 Teboga Road, Benin City, as well as the retention of union assets, financial records, and official instruments by the defendants, is illegal and void.

Advertisement

The suit also prays for an order of perpetual injunction restraining the defendants from parading themselves as officials of the NLC Edo Council or interfering with the functions of the caretaker committee.

In addition, the claimants are seeking a mandatory order compelling the defendants to immediately hand over the secretariat, vehicles, financial documents, cheque books, and all other properties belonging to the union.

READ ALSO:JUST IN: NLC Begins Meeting With ASUU, Other Unions Over Strike

Advertisement

The caretaker committee further urged the court to restrain the state government and its officials from interfering in the internal affairs of the union, alleging undue support for the dissolved executive.

The claimants further demand N50 million as general and exemplary damages against the defendants for alleged unlawful usurpation of office and acts prejudicial to the administration of the council.

According to court documents made available to our correspondent, the crisis followed the dissolution of the Edo State Council by the NLC National Executive Council on February 27, 2025, over allegations of misconduct, anti-union activities, and constitutional violations.

Advertisement

However, the matter has yet to be assigned a hearing date.

Continue Reading

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

on

By

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

Advertisement

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

Advertisement

He has been a regular feature for Lazio this season.

Continue Reading

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

on

By

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

Advertisement

READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

Advertisement

“This contradiction will no longer be tolerated,” the statement said.

Continue Reading

Trending

Exit mobile version