Forex Uncertainty Worries Businesses As CBN Retains 12.5% Interest Rate
The Central Bank of Nigeria on Monday retained the country’s benchmark interest rate or Monetary Policy Rate at 12.5 per cent.
It also held all other monetary policy parameters constant, as the bank stated that its...
Explore Equity Financing, Less Debt, LCCI Tells FG
The Lagos Chamber of Commerce and Industry has cautioned the Federal Government against continued use of debt to meet its financial obligations.
The President, Lagos Chamber of Commerce and Industry, Mrs Toki Mabogunje, in a statement on the...
LCCI, MAN Applaud CBN On Bailout Funds
Manufacturers have praised efforts of the Central Bank of Nigeria (CBN) on the planned disbursement of N93.2 billion out of N1 trillion intervention fund targeted at manufacturing and agribusiness sectors for economic recovery, post COVID-19.
Director-General, Lagos Chamber of...
Businesses Seek 50% Cut In Interest Rates – LCCI
The Lagos Chamber of Commerce and Industry has said 54 per cent of business owners in the country want commercial banks to reduce their interest rates by at least 50 per cent.
The LCCI said the business...
LCCI, NECA, PENGASSAN Demand PIB Passage, Stimulus Packages
Ahead of this year’s Workers’ Day, popularly known as May Day, frontline organisations in the organised private sector have called on the Federal Government to support the sector with stimulus packages.
The organisations include the Lagos Chamber of...
Rising Inflation Signifies Tougher Times Ahead – LCCI, NECA, ASBON
The Lagos Chamber of Commerce and Industry, Nigeria Employers’ Consultative Association, and the Association of Small Business Owners of Nigeria have warned that unless the Federal Government take some measures to reposition the economy, tougher...
