New Lagos arena marks growing investment in sports and entertainment sectors
CONSTRUCTION has commenced on the Lagos Arena, a cutting-edge sports and concert venue set to elevate Nigeria's entertainment and sports economy by hosting global events. “The Lagos Arena is not just a building; it's a beacon of possibilities for our entertainment industry and is setting the stage for world-class entertainment,” Governor Babajide Sanwo-Olu stated at the launch event. With a capacity of 12,000, this state-of-the-art arena is situated adjacent to the Palms Mall in Lekki. Sanwo-Olu joined project developers to initiate construction on February 24, with a completion date set for December 2025. With the arena strategically located by a…