The Lagos Chamber of Commerce and Industry (LCCI) on Friday reiterated the need for the Federal Government to show more commitment to the promotion of investment-friendly policies as a strategic option of attracting capital into the economy and positioning it on the path of sustainable growth. The President of the organized private sector (OPS) group, […]
The Lagos Chamber of Commerce and Industry (LCCI) has commended the Executive and Legislative arms for timely preparation and presentation of the 2020 Appropriation Bill for enactment and listed some steps that should be taken by government in order to achieve the budget’s developmental objectives. The Organised Private Sector (OPS) group in a statement by […]
The Nigerian National Petroleum Corporation (NNPC) on Thursday hinted of its intention to invest more in downstream retail outlets with a view to increasing its share of the market from 14 percent. The corporation’s Group Managing Director, Dr Maikanti Baru, made the disclosure during the NNPC Special Day at the ongoing Lagos International Trade Fair […]
The Lagos Chamber of Commerce and Industry (LCCI) has charged African leaders to jointly tackle the challenge of associated with the use of Non-tariff Barriers to Trade (NTBs) among African countries in order to achieve the desired regional and continental economic integration. Non-tariff Barriers to Trade (NTBs) are trade barriers that restrict imports or exports […]
The Head, Quality Assurance/Quality Control, Dangote Oil Refinery Company Limited, Rama Rao Putta, has projected that when it comes on stream, the refinery could save Nigeria yearly about $26 billion on fuel bills among other socio-economic benefits. He described the project as the largest single train petroleum refinery globally with capacity to process 650,000 barrels […]
The Lagos Chamber of Commerce and Industry LCCI) on Thursday advised the Central Bank of Nigeria (CBN to prioritize achieving low interest rate over maintaining high monetary policy rate (MPR) in its monetary policy measures targeted at stimulating economic growth in the country. The Chamber hinged its stance on the fact that doing so would […]
The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Ruwase, has lauded the National Assembly on the passage of the Companies and Allied Matters Act (CAMA) Act amendment Bill in view of its potential to grow small businesses in the country. The Chief Press Secretary to the President of the Senate, […]