The Lagos Chamber of Commerce and Industry (LCCI) has advised the Nigerian Stock Exchange (NSE) to mobilise investment funds for the private sector. Its President, Babatunde Ruwase, who spoke during his visit to the NSE, said the such support would facilitate the needed industrialisation. He said the two organisations have a lot to do together […]
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The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for the country in 2018. This is even as it projected that the external reserves would hit $40 billion mark based on the global oil price averaging $50 per barrel. In […]
Read More As the scarcity of Premium Motor Spirit (petrol) continues to rock many parts of the, the Lagos Chamber of Commerce and Industry has said the Nigerian National Petroleum Corporation cannot continue to be the sole importer of the product into the country. Private oil marketers had since last year stopped fuel importation due to shortage […]
Read More The Lagos Chamber of Commerce and Industry, LCCI, has said that provision of power remains at the heart of ease of doing business in Nigeria. Speaking at the 129th Annual General Meeting of the LCCI, the President of LCCI, Chief Nike Akande, called on the government to sustain the current reforms in such critical sectors […]
Read More President, Lagos Chamber of Commerce and Industry (LCCI), Chief Mrs. Onikepo Akande, has restated the need for Nigerian and West African farmers to use modern agricultural tools to boost food production in Nigeria and other West African countries. While giving a keynote address at the just concluded Agra Innovate West Africa in Lagos, Mrs. Akande, […]
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Vice President Yemi Osinbajo, will this Thursday, deliver a keynote address at a business event to celebrate the 55th anniversary of the Oil Producers Trade Section (OPTS), of the Lagos Chamber of Commerce and Industry (LCCI), in Lagos. The OPTS is the oldest and foremost sectorial group for operators in the upstream oil and gas […]
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Director, Research and Advocacy of the Lagos Chamber of Commerce and Industry, Dr Vincent Nwani, has decried Nigeria’s hostile business environment, saying it is one of the worst in the world. He said that businesses fail in the country because of the challenges of in security, infrastructure, stability of laws and policies. Nwani who made […]
Read More Director of Research and Advocacy of the Lagos Chamber of Commerce and Industry, LCCI, Dr. Vincent Nwani, yesterday, reiterated that multiple taxation and infrastructure deficit were harming the nation’s economy. Nwani made the observation in a paper titled, Regulations Undoing Diversification of the Economy, at the Breakfast Policy Dialogue, organised by the Initiative for Public […]
Read More International Oil Companies, IOCs, operating in Nigeria paid ₦828 billion ($2.3billion) as education taxes and levies to the Niger Delta Development Commission, NDDC between 2014 and 2016. Members of the Oil Producing Trade Section (OPTS) of Lagos Chamber of Commerce and Industry (LCCI) disclosed this, in Abuja, during a presentation at the House of Representatives’ […]
Read More The 2017 edition of Lagos International Trade Fair is expected to attract foreign investment, Lagos Chamber of Commerce and Industry (LCCI) Vice President and Chairman, Trade Promotion Board, Mr. Sola Oyetayo, has said. The fair, with the theme: “Promoting industriali-sation from economic recovery and sustainable growth”, Oyetayo said, is expected to attract over 200,000 exhibitors […]
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Lagos Chamber of Commerce and Industry has said that there is a need to provide greater market access for operators in the Small and Medium Enterprise sector of the Nigerian economy. The President, LCCI, Dr. Nike Akande, said this in an interview with our correspondent after the opening ceremony of the LCCI Members’ Day Exhibition […]
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The news that the nation exited its worst recession in 25 years was received with cautious optimism by a cross section of Nigerians on Tuesday, with many economists and analysts saying the 0.55 per cent growth in the Gross Domestic Product in the second quarter was slower than expected. They also warned that the growth, […]
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