Forex Scarcity Bars Marketers From Petrol Imports       Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian National Petroleum Corporation’s apron strings as they continue to steer clear of petrol importation, ’FEMI ASU reports The expected...

Quality Investment Windows Few, Lending Rates High – Experts     Experts have said the new interest rate policy of the Central Bank of Nigeria on savings accounts will discourage people from saving and encourage investment. Some of the experts, who spoke on the policy, said quality investment...

LCCI To FG: Scrap Taxes On Solar Equipment   The Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, has said that the import duty and taxes on solar equipment including batteries and inverters should be scrapped so as to improve access to renewable energy solutions. The...

LCCI Advises CBN To Halt N305/dollar Official Exchange Rate   The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305 to one United States dollar. It said that the multiplicity of rates was inimical to...

Address Electricity Tariff To Achieve 25,000MW Target, Says LCCI   The Lagos Chamber of Commerce and Industry has charged the Federal Government to address the liquidity crisis and tariff issues in the power sector in order to enhance investment that would enable the country meet the...

The Director-General, Lagos Chamber of Commerce and Industry (LCCI), Mr Muda Yusuf condemned the late passage of 2017 appropriation bill. Mr. Yusuf, who spoke to newsmen in Ota, Ogun, said that the development was not good enough for the economy. He said the appropriation bill was...