The Lagos Chamber of Commerce and Industry (LCCI) on Thursday announced a change in its board with the election of Gabriel Idahosa as President and Chairman of the Council. The Chamber’s Director General, Dr. Chinyere Almona, who made the disclosure during the Chamber’s 135th Annual General Meeting (AGM) in Lagos, said that Idahosa’s appointment was […]
United Bank for Africa (UBA) Plc, one of Nigeria’s leading deposit money banks (DMBs) has restated its commitment to deepening intra-Africa trade to for regional self-reliance and economic development through its financing for up to US$6bn over the next three years to eligible businesses across the continent. The bank’s Deputy Managing Director, Muyiwa Akinyemi, made this […]
With just about nine days to the Central Bank of Nigeria (CBN) Monetary Policy Committee’s (MPC’s) next meeting, the Lagos Chamber of Commerce and Industry (LCCI) has advised the apex bank to suspend interest rate hikes, especially the Monetary Policy Rate (MPR), to reduce the pressures on the supply side affecting inflation and mitigate the […]
The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to establish dedicated websites that will guide foreign investors and other with the relevant information about investment opportunities in Nigeria. In a statement signed by its President/Chairman of Council, Asiwaju (Dr.) Michael Olawale-Cole, the organized private sector (OPS) group maintained that doing […]
The Lagos Chamber of Commerce and Industry (LCCI) has called on President Tinubu-led administration to urgently embark on institutional reforms to complement its ongoing initiatives targeted at sustaining the nation’s economic growth. The President of the organized private sector (OPS) group, Dr. Michael Olawale-Cole, made the call at the end of the 2023 Mid-Year Economic […]
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has advised business owners in the country to adjust to the potential risks of disruptive technologies now being adopted globally to enhance productivity and sustainability. The industry regulator told industry leaders and Information and Communication Technology (ICT) innovators, who gathered at […]
The Lagos Chamber of Commerce and Industry (LCCI) has advised President Bola Tinubu to use his leadership of the Economic Community of West African States (ECOWAS) to facilitate the implementation of the proposed common currency – ‘eco’ – for the sub-region. The President of the organized private sector (OPS) group, Dr. Michael Olawale-Cole, in a statement released on Tuesday said the […]
With just a few days to the inauguration of Dangote Refinery, the Lagos Chamber of Commerce and Industry (LCCI) on Wednesday commended the efforts of its visioner, Alhaji Aliko Dangote, and the Federal Government for translating the local crude oil refining dream into a reality. The leading organized private sector (OPS) group, in a statement […]
The Lagos Chamber of Commerce and Industry (LCCI) has expressed its concerns over Nigeria’s rising debt profile, warning of possible negative consequences if the fiscal challenge is not frontally addressed by the Federal Government. The Chamber’s Director-General, Dr. Chinyere Almona, pointed out one of the ways out of the fiscal problem required that the government […]
The Deputy President of the Lagos Chamber of Commerce and Industry (LCCI), one of Nigeria’s organized private sector (OPS) advocacy groups, Mr. Gabriel Idahosa, has projected Nigeria’s agricultural sector could record 5%-6% growth in 2023 if the issues of insecurity and infrastructure are addressed by the government Idahosa, who made this forecast when he featured […]