LCCI

LCCI laments downgrade of Nigeria’s sovereign risk profike

…Advocates removal of waivers, subsidies The Lagos Chamber is gravely concerned about the recent downgrades of Nigeria’s Sovereign Risk profile by three leading global default risk rating agencies. Fitch downgraded Nigeria’s long-term foreign currency debt Issuer Default Rating (IDR) from…

2023 budget: LCCI knocks FG  on proposed N10.57trn loan

…Says debt servicing gulped N664.73bn  in Q2, 2022 …Advocates higher production, exports expansion to strengthen Naira value …Seeks better security, friendly policies to boost FDI, …Warns of job loss with high diesel price, poor power supply By Agunsoye Adenike The Lagos Chamber…

LCCI projects positive growth for year-end

The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Nigerian economy will end the year with a positive growth of three to four per cent. Dr Michael Olawale-Cole, president, LCCI, said this at the LCCI 134th Annual…