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Interest Rate Hikes Alone Won’t Tackle Inflation – LCCI

Interest Rate Hikes Alone Won't Tackle Inflation – LCCI The Lagos Chamber of Commerce and Industry (LCCI) says rate hikes alone will not curb inflation without first resolving the challenges in the real sector. President, LCCI, Mr. Gabriel Idahosa, made this known at its quarterly State...

NACCIMA, LCCI, NECA Lament Over Petrol Price Hike 

NACCIMA, LCCI, NECA Lament Over Petrol Price Hike  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Lagos Chamber of Commerce and Industry, LCCI, and Nigerian Employers Consultative Association, NECA, among others, yesterday expressed concern over the impact of the latest petrol...

‘Naira To Appreciate Towards N1000 Per Dollar’

'Naira To Appreciate Towards N1000 Per Dollar'   The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Naira would appreciate to N1,000 per Dollar. This was disclosed by the President of LCCI, Mr. Gabriel Idahosa, when he addressed news men on the state of...

FG’s $1trn GDP Projections not Sufficient, May Fail, Says LCCI

FG’s $1trn GDP Projections not Sufficient, May Fail, Says LCCI The Lagos Chamber of Commerce and Industry (LCCI) has stated that the macroeconomic projections in the Federal Government’s (FG) Medium Term Expenditure Framework (MTEF) are not sufficient to achieve the $1 trillion economy target it...

LCCI Decries High Importation of Loans, Bonds in Manufacturing Sector

LCCI Decries High Importation of Loans, Bonds in Manufacturing Sector The Lagos Chamber of Commerce and Industry (LCCI), yesterday, noted that the capital imported into the manufacturing sector in the first half of the year was largely in the form of loans and bonds, reflecting...

LCCI Warns FG to Stop $5bn Annual Freight to Foreigners

LCCI Warns FG to Stop $5bn Annual Freight to Foreigners The Lagos Chamber of Commerce and Industry has urged the President, Bola Tinubu, to stop the revenue leakage of more than $5bn paid annually as freight to foreign shipowners. LCCI in a position paper on current...