Business Inflation

LCCI tasks FG on inflation, others

Reading Time: 2 minutes Image Credits: peeterv/Getty Images. The Lagos Chamber of Commerce and Industry (LCCI) has called for better management of the country’s inflation, foreign exchange(FX) and debt portfolio indexes. LCCI President, Dr Michael Olawale-Cole, made the call during the Chamber’s 2022 first quarter press conference on Tuesday in Lagos. He said better management would improve economical outcomes. Read More…

Business Economy Featured SMEs

LCCI pegs COVID-19 loss by MSMEs in Lagos at N2.7bn

Reading Time: 2 minutes Image Credits: REUTERS. The Lagos Chamber of Commerce and Industry (LCCI)  says losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion, due to the  recent Coronavirus (COVID-19) lockdown. LCCI’s Director-General, Dr Muda Yusuf, made this known on Sunday through the LCCI’s Economic and Business Review for 2020 and Outlook for 2021. Read More…

Business Power Top Story

Corruption stalls uninterrupted electricity to Africa – CIPE

Reading Time: 2 minutes Centre for International Private Enterprise (CIPE) has said that huge sums lost to corruption in Africa was enough to provide 24 hours uninterrupted power supply for three years. Andrew Wilson, CIPE Executive Director, stated this at the 2020 edition of the Africa Business Ethics Conference (ABEC) on Monday in Lagos. The conference theme was: “Tackling Read More…

Business Economy Top Story Trade

Buhari declares 2020 Lagos trade fair open

Reading Time: 4 minutes President Muhammadu Buhari on Friday declared the 2020 edition of the Lagos International Trade Fair open, reiterating the Federal Government’s commitment to revamping Nigeria’s Industrial Revolution Plan (NIRP). The trade fair, which is being promoted by the Lagos Chamber of Commerce and Industry (LCCI), will be on till Dec. 13. The fair, the 34th edition, Read More…

Business Featured Inflation

LCCI advises CBN on tackling inflation

Reading Time: 2 minutes Image Credits: artsandculture.google.com. The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices.Dr Muda Yusuf, Director-General, LCCI, spoke in an interview with the News Agency of Nigeria (NAN) in reaction to the October 2020 inflation rate. The News Agency of Read More…

Business Economy Featured

FastTrack domestic refining capacity to end unstable petrol pricing – LCCI DG

Reading Time: 2 minutes Image Credits: REUTERS/Akintunde Akinleye. The Lagos Chamber of Commerce and Industry (LCCI) says accelerated domestic refining and processing of petroleum products would end the unstable petroleum pricing in the country, Dr Muda Yusuf, Director-Genera of the Chamber, said in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos. He explained that Read More…

Business Economy Featured

#EndSARS: LCCI urges dialogue, constructive engagement

Reading Time: 2 minutes The Lagos Chamber of Commerce and Industry (LCCI) has implored all stakeholders to prioritise dialogue and constructive engagement to rebuild the nation from the aftermath of the #EndSARS protests. LCCI President, Mrs Toki Mabogunje, gave the advice in a statement issued in Lagos on Monday. Mabogunje reiterated the chamber’s position on the imperative of peace, Read More…

Business Economy Featured Society

#EndSARS: LCCI urges youth on dialogue

Reading Time: 3 minutes Image Credits: AP Photo/Sunday Alamba. The Lagos Chamber of Commerce and Industry (LCCI) has advised the EndSARS protesters to progress to dialogue as the next stage of civic engagement, in consideration of economic activities. Mrs Toki Mabogunje, President, LCCI, made the appeal in a statement on Monday in Lagos. Mabogunje said the dialogue phase was Read More…

Business Top Story Trade

LCCI unveils plans for 2020 Lagos International Trade Fair

Reading Time: 2 minutes The Lagos Chamber of Commerce and Industry (LCCI) has unveiled plans to host the 2020 edition of the Lagos International Trade Fair to promote trade and drive industrialisation. Mr Gabriel Idahosa, Chairman, Trade Promotion Board, LCCI, made this known at a press conference on Tuesday in Lagos. Idahosa said the 2020 edition of the Lagos Read More…