Chairman, Power Sector Group, Lagos Chamber of Commerce and Industry (LCCI), Mr Martins Arogie has hinted that a downward review of current prices of Premium Motor Spirit (PMS) also known as petrol is dependent on the improvement in the value…
Manufacturers and industrialists have urged the Federal Government to take urgent steps to address their concerns and derisk the impact of fuel subsidy removal on the real sector. They spoke in an interview with the journalists on Tuesday in Lagos.…
by Omolola Dede Adeyanju The Monetary Policy Committee (MPC) of the CBN, in its May 2023 Meeting, again hiked the benchmark interest rate by 50 basis points to 18.5% from 18.0%. It, however, retained the asymmetric corridor at +100 and…
The Lagos Chamber of Commerce and Industry (LCCI) mourns the demise of its Honorary Life Vice President, Otunba Michael Olasubomi Balogun, CON. “His life, accomplishments, and indomitable spirit have left an indelible mark on the world. His influence spanned continents…
By Oluwaseun agunsola, Omolola Dede Adeyanju The Lagos Chamber of Commerce and Industry (LCCI) has taken note of the Federal Government’s decision to delay the petrol subsidy removal. This was communicated by the National Economic Council (NEC), stating that the…
By Oluwaseun ogunsola The Lagos Chamber of Commerce and Industry (LCCI) has said that major factors causing setback is the high inflation rate of goods and services. Urged the Federal Government to sustain a targeted Intervention in selected sectors in…
The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday urged the Federal Government to tread cautiously in raising tax rates in an attempt to shore up its revenue in 2023. Dr Michael Olawale-Cole, President, LCCI, gave the charge at…
The Lagos Chamber of Commerce and Industry (LCCI) says the Federal Government’s planned petrol subsidy removal remains one of the best economic decisions that will reduce Nigeria’s debts and tackle widespread corruption in the oil sector. LCCl’s President, Dr Michael…
The Ecobank Nigeria and The Lagos Chamber of Commerce and Industry have collaborated to offer guidance on financing choices, regulatory frameworks, and the roles of public and private institutions in advancing the growth of export businesses. In a statement released,…
By Omolola Dede Adeyanju The Lagos State Chamber for Commerce and Industries (LCCI) has released its statement on Nigeria’s rising public debt. “Given the recent data released by the Debt Management Office (DMO), the nation’s public debt increased by N6.69…
