Apapa is the site of a major container terminal. The terminal was owned and operated by the Federal Government of Nigeria until March 2005, when it was sold to the Danish firm A. P. Moller-Maersk Group for about US$1 billion. Adjacent to the container port is the Tin Can Island port, which has ro-ro facilities.
It also houses some refineries like the Bua Group.  It also has a big banking software company, Neptune Software plc. and major Shipping and Custom Clearing Agencies such as Fisolak Global Resources.
Other notable buildings include the Folawiyo Towers and so on.