The region of Apapa lies near the mouth of Lagos lagoon, and contains ports and terminals for various commodities such as containers and bulk cargo, houses, offices and a small old disused railway station (Apapa North). It is the site of a major container terminal which was owned and operated by the Federal Government of Nigeria until March 2005, and now is operated by the Danish firm A. P. Moller-Maersk Group. 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. Apapa houses the headquarters of the Nigerian newspaper Thisday.