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Tag: Dr. Muda Yusuf

LCCI Projects Higher February Inflation

LCCI Projects Higher February Inflation       The Lagos Chamber of Commerce and Industry (LCCI) has projected an increase within the range of one per cent in the headline inflation index for last month. The LCCI made this known in a report entitled: “Spiraling Inflation: Cost implications for...

Inflation: Experts Blame High Rate On Insecurity

Inflation: Experts Blame High Rate On Insecurity         Despite the opening of the country’s borders, the composite food index rose by 20.57 per cent in January 2021 from 19.56 per cent in December 2020. This accounted for the bulk of the country’s inflation rate which rose from...

WTO: How Nigeria Can Benefit From Okonjo-Iweala’s Leadership – LCCI

WTO: How Nigeria Can Benefit From Okonjo-Iweala's Leadership – LCCI       The Lagos Chamber of Commerce and Industry has highlighted steps Nigeria needs to take in order to fully take advantage of the opportunities offered by the World Trade Organisation under the leadership of Dr Ngozi...

Some PIB Provisions May Hurt Oil Industry, Economy – LCCI

Some PIB Provisions May Hurt Oil Industry, Economy – LCCI         The Lagos Chamber of Commerce and Industry said on Sunday that some provisions in the Petroleum Industry Bill, currently in the National Assembly, could adversely affect the growth of the industry and the overall economy. The...

How COVID-19, Taxes Stifled MSMEs In 2020

How COVID-19, Taxes Stifled MSMEs In 2020         The year 2020 has got its ups and downs for many businesses in Nigeria especially as they felt the brunt of the COVID-19 pandemic and its attendant lockdown as well as multiple taxes from the various authorities of...

Shrinking Of Economy: Experts Warn Of Mass Poverty, Predict Recession In Q3

Shrinking Of Economy: Experts Warn Of Mass Poverty, Predict Recession In Q3     The Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, has said that the Nigerian economy will slide into a technical recession in the third quarter of 2020. Rewane who spoke with one of our...