GDP: Whose figures’ll Nigerians believe more, FG or OPS?
Since the recent report of the National Bureau of Statistics (NBS) showing that Nigerian economy has distanced self far away from recession, considering recording 1.4 per cent rise in Gross Domestic Product (GDP), stakeholders in the Organized Private Sector (OPS),…
Now it’s clear that 2013 Auto Policy is not working, review it—LCCI
The leadership of Lagos Chamber of Commerce and Industry (LCCI), has called on the federal government to quickly review the 2013 Auto Policy which raised tariff on imported cars from 20 per cent to 70 per cent to grow local…
Customs should face revenue, trade facilitation, outsource scanner issues—LCCI
The Director General of Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf has joined the league of stakeholders calling for outsourcing of scanning and its maintenance at the nation’s entry points including air and seaports. Speaking in an interview…
Twist as LCCI picks holes on NASS over N30tn probe of 63 leading firms
More divisions are still emerging on the best way to handle the trending N30tn infractions allegedly perpetrated by some number of highly respected firms operating in Nigeria. The latest voice is coming from the leadership of the Lagos Chamber of…
LCCI kicks as CBN retains monetary policy rate at 14%, others unchanged
The Lagos Chamber of Commerce and Industry (LCCI) has frowned at the retention of Monetary Policy Rate at 14 per cent, saying “The retention of the rates is only good for portfolio investors and this economy is tired of such…
FG may be on daily loss of N58bn if production exceeds 1.8mbpa
With Nigeria agreeing the Organisation of Petroleum Exporting Countries’ (OPEC) new condition not to cross 1.8mbpa, the country may begin to lose about N58bn daily if oil production exceeds the new mark. Though it was a voluntary agreement with OPEC…
Stop using property value for assessment of Company tax, LCCI tells FG
The leadership of the Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Inland Revenue Service (FIRS) to upgrade itself and begin to use technology and reliable indices in assessing values of companies in times of computing…
Non-oil exports may continue in limbo as far as current forex policy remains unchanged—LCCI
Barely less than one week the Lagos Chamber of Commerce and Industry (LCCI) hailed the federal government’s in recovering the ailing economy, the same body has turned around to say that the current foreign exchange policy is detrimental to non-oil…
LCCI picks holes in IMF’s recommendations relating to forex, economy
Less than one week after the International Monetary Fund (IMF) have advised the federal government and the Central Bank of Nigeria (CBN) in particular to lift ban on 41 forex restricted items to renew activities in the ports further close…
LCCI, Egypt industrialists to hold business summit to grow manufacturing today
Today, 2nd March, 2017, at the Board Room of the LCCI at No 1, Idowu Taylor Street, Victoria Island by 11am, the Lagos Chamber of Commerce and Industry (LCCI) in collaboration with the Commercial Office of the Egypt Embassy in…
