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Economy

Lagos, Mexico Pledge Stronger Bilateral Ties to Boost Investment and Trade

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Lagos

Governor Sanwo-Olu and Mexico Ambassador Alfredo Miranda-Ortiz stress stronger Lagos-Mexico ties to boost trade, investment, and tourism potential

The Babajide Sanwo-Olu and Alfredo Miranda-Ortiz have emphasised the importance of deepening bilateral ties between Lagos and Mexico to enhance economic prosperity and mutual benefits.

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Also read: Lagos Police Launch Eko Strike Force Divisional Station

The remarks came during a courtesy visit by the Mexican delegation to Lagos House, Ikeja, led by Ambassador Miranda-Ortiz on Monday.

Governor Sanwo-Olu reiterated his administration’s commitment to creating a business-friendly and tourism-oriented environment in Lagos.

He highlighted the THEMES+ developmental agenda as central to making Lagos more habitable, hospitable, and attractive to investors.

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Sanwo-Olu also praised the opening of the Honorary Consulate of Mexico in Lagos, under the leadership of Abiodun Otunola, as a step to strengthen ties between both regions.

Ambassador Miranda-Ortiz lauded Lagos’ economic progress, noting that Mexico, with its 53 free trade markets, is ready to collaborate with Lagos to expand trade and investment opportunities.

Also read: Lagos Police Launch Eko Strike Force Divisional Station

The visit underscores the growing efforts to position Lagos as an international hub for business, tourism, and foreign investment, while promoting a robust partnership with Mexico.

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Economy

CBN Reports Strong Surge in Nigeria Current Account Surplus

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CBN

The Central Bank of Nigeria has reported a robust Nigeria current account surplus of $4.98 billion in Q1 2026, a sharp 255.7 percent rise driven by higher oil exports and lower fuel imports

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