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COVID-19: States’ IGR, Allocations Crash By N180.4bn

COVID-19: States’ IGR, Allocations Crash By N180.4bn         State governments may be currently grappling with varying degrees of financial concerns, following the N180.4bn crash in their internally generated revenues and the allocations they received from the Federation Accounts Allocation Committee. An analysis of various IGR and FAAC...

Nigeria Can Earn $1bn From Leather By 2025 – NEPC Boss

Nigeria Can Earn $1bn From Leather By 2025 - NEPC Boss       The Nigeria Export Promotion Council (NEPC) has said that the leather industry could generate $1bilion for Nigeria by 2025. The Chief Executive Officer of NEPC, Mr. Segun Awolowo, who disclosed this at the virtual summit...

LCCI Seeks Compensation For Looted Businesses Indebted To Banks

LCCI Seeks Compensation For Looted Businesses Indebted To Banks       Grieved by the loss of lives, property, and livelihoods triggered by recent peaceful EndSARS protests, the Lagos Chamber of Commerce and Industry (LCCI), has urged banks to be compassionate to looted businesses that are indebted to...

Nigeria Loses N700bn In 12 Days To #EndSARS Protests – LCCI

Nigeria Loses N700bn In 12 Days To #EndSARS Protests – LCCI       With EndSars protests hindering the movement of people and goods across the country due to the numerous roadblocks, the Lagos Chamber of Commerce and Industry (LCCI) has put the economy’s estimated loss to the...

Poor Forex Policies Discouraging Investors – LCCI

Poor Forex Policies Discouraging Investors – LCCI       The Lagos Chamber of Commerce and Industry has said inappropriate foreign exchange policies are discouraging new capital investments. The President, LCCI, Mrs Toki Mabogunje, during the group’s quarterly press briefing on the state of the economy, pointed out that...

LCCI Concerned About Food Security, Inflation As Floods Hit States

LCCI Concerned About Food Security, Inflation As Floods Hit States       With food inflation already spiralling out of control, thus putting pressure on disposable income of many households, the Lagos Chamber of Commerce and Industry (LCCI), has expressed concern over the recent incidents of flooding in...