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. Yusuf further attributed Read More…
Amid the resurgence of COVID-19, the Lagos Chambers of Commerce and Industry (LCCI) has predicted that Nigeria risks a further perpetuation of the current recession if the pandemic persists into the first quarter of 2021. LCCI, Africa’s second chamber of commerce with over 2,500 registered members, has equally acknowledged that the federal government initiates long-standing Read More…
The Lagos Chamber of Commerce and Industry (LCCI) says the mounting inflationary pressure reported in the November 2020 was expected, given the prevailing economic conditions and escalating cost environment. Dr Muda Yusuf, Director-General, LCCI made the assertion in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. NAN reports that the Read More…
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…