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‘Agric Sector Surplus Hits N668bn, Yet Hunger Persists’

'Agric Sector Surplus Hits N668bn, Yet Hunger Persists'   Agricultural stakeholders reckon that the threat of hunger persists in Nigeria despite recording a N668.34bn agricultural surplus and have called for improved food processing and support for local farmers. The value of agricultural exports surpassed imports by N668.34bn...

‘Tinubu’s Reforms Bold, But Brought Pains on Citizens, Businesses’

'Tinubu’s Reforms Bold, But Brought Pains on Citizens, Businesses'   The Lagos Chamber of Commerce and Industry (LCCI) yesterday said President Bola Tinubu’s administration in the last two years has been characterised by bold macroeconomic reforms and significant policy shifts. The LCCI, however, said the measures have...

Agro-Processing Sector Needs $538m Annual Investment – LCCI

Agro-Processing Sector Needs $538m Annual Investment - LCCI   The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require a continuous investment of $538m yearly for at least a decade. In separate phone interviews, agriculture stakeholders urged...

Nigeria Misses Out on $3.7bn Metals Boom

Nigeria, a nation rich in natural resources, is missing out on a lucrative $3.7 billion global rare earth metals boom as it fails to capitalise.

Petrol Export Holds Key to Reducing Inflation, Says LCCI

Petrol Export Holds Key to Reducing Inflation, Says LCCI   The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to increase domestic crude oil refining and petrol export. This strategy is expected to help the government achieve its goal of reducing inflation...

LCCI Forecasts Decrease in Interest Rates for 2025

LCCI Forecasts Decrease in Interest Rates for 2025   The Lagos Chamber of Commerce and Industry (LCCI) has forecast a decline in interest rates for 2025, citing a slowdown in inflation as a key factor. This positive outlook suggests that borrowing costs may decrease, potentially boosting...