Nigeria’s Raw Material Imports Rise To N2.4trn   Nigeria spent at least N2.4tn to import raw materials from other countries in 2022, according to data collated from Foreign Trade Statistics of the National Bureau of Statistics (NBS). The data also showed that Nigeria exported raw materials to...

LCCI Urges FG to Remove Petrol Subsidy, Implement PIA The Lagos Chamber of Commerce and Industry has requested the Federal Government to remove fuel subsidies and implement the Petroleum Industry Act. The Vice President, LCCI, Gabriel Idahosa, made this request while representing the President, LCCI, Dr....

Increase in Diesel Will Lead to Fuel Hike - Experts Analysts at the Lagos Chamber of Commerce and Industry and the Centre for the Promotion of Private Enterprise have said that the soaring cost of diesel is expected to accelerate inflationary pressure on the economy...