Lagos nightclubs generated a staggering N4.32 billion ($2.7 million) during the December period, a new report claims. The report by advisory firm MO Africa Company Limited analysed data from November 19 to December 26, highlighting how the city’s vibrant hospitality and tourism sectors attracted travellers from across the globe. Lagos alone welcomed an estimated 1.2 million tourists, of which 60% were domestic travellers, the report revealed. This surge was partly attributed to insecurity in southeastern Nigeria, which prompted many to prioritise Lagos which is deemed safer. Most arrivals came for leisure and tourism, while preferred destinations in Nigeria, for visitors coming from abroad, included Lagos, Edo, Delta, Ondo, and Ogun states. Kayode Omosebi, CEO of MO Africa Company Limited, says his team surveyed hotels, airports, short-let agents, and nightclubs to compile the data. Omosebi noted the increasing reliance on cryptocurrency in Lagos’ h...
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