On 23 June, 2021 Lasu emerged as the best young university in Nigeria having been below the age of 50 years to be added.[6] Times Higher Education ranked the Lagos State University as the second best university in Nigeria on the 2 September 2020,[7] and was the only state university included in the rankings for 2022.[8] The university has attracted international funding, including for the establishment of a World Bank Group Africa Centre for Excellence on Science, Technology, Engineering and Mathematics.