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December 3, 2023
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Border closure: LCCI, MAN slam UK, others

Border closure: LCCI, MAN slam UK, others

The Lagos Chamber of Commerce and Industry (LCCI) and Manufacturers Association of Nigeria (MAN) have berated the United Kingdom and other countries for mounting pressures on Nigeria to close her borders. Other countries that are…

Nigeria’s 98% debt service to revenue ratio worrisome – LCCI

Nigeria’s 98% debt service to revenue ratio worrisome – LCCI

…says commitment taking huge toll on GDP …advises on sectors to boost revenue The Council of the Lagos Chamber of Commerce and Industry (LCCI) has raised serious economic concerns over Nigeria’s rising debt service payment,…

Yusuf decries FG’s excess borrowing amid dwindling revenue

Yusuf decries FG’s excess borrowing amid dwindling revenue

The immediate past Director- General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, has expressed concern over excess borrowing by the Federal Government in the midst of dwindling revenue. He observed…

LCCI: Challenges still trailing AfCFTA implementation

LCCI: Challenges still trailing AfCFTA implementation

With the African Continental Free Trade Area (AfCFTA) still struggling to take off properly, the Lagos Chamber of Commerce and Industry (LCCI) has emphasised that the regional economic communities need to take appropriate steps to…

Multiple rates: LCCI demands forex reforms

Multiple rates: LCCI demands forex reforms

The Lagos Chamber of Commerce and Industry (LCCI) has called for a review of Nigeria’s foreign exchange policy framework towards expanding the scope of market mechanism in the determination of exchange rate in the country.…

LCCI: Economy still fragile despite exiting recession

LCCI: Economy still fragile despite exiting recession

The Lagos Chamber of Commerce and Industry (LCCI) has revealed that the economy’s exiting recession does not imply an end to the country’s numerous economic woes as growth remains fragile in all fronts. The LCCI…

Lending rate: LCCI backs MPC’s decision

Lending rate: LCCI backs MPC’s decision

Following the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to retain policy parameters, the Lagos Chamber of Commerce and Industry (LCCI) has disclosed that the decision is most…

LCCI: How COVID-19, #EndSARS protests impacted PMI

LCCI: How COVID-19, #EndSARS protests impacted PMI

A new survey of the Lagos Chamber of Commerce and Industry (LCCI) has revealed that COVID-19 and EndSARS protests resulted to the country’s volume of business activities contracting in December 2020 with Purchasing Managers’ Index…

Recession: LCCI, APC, others excited over recovery

Recession: LCCI, APC, others excited over recovery

Following the announcement by the Nigeria Bureau of Statistics (NBS) yesterday that the country’s gross domestic product (GDP) grew by 0.11 per cent in Q4’20, the Lagos Chamber of Commerce and Industry (LCCI) and stakeholders…

OPS: FX policies, others’ll put pressure on consumer prices

OPS: FX policies, others’ll put pressure on consumer prices

The Lagos Chamber of Commerce and Industry (LCCI) has disclosed that broad-based harmonisation of fiscal and monetary policies are the best options towards addressing the identified structural constraints that will significantly help to moderate inflationary…