LCCI, MAN, Others Kick As CBN Raises Lending Rate To 13%
The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and the Nigerian-American Chamber of Commerce (NACC) have criticised the hiking of the monetary policy rate by the Central Bank of...
Nigeria’s Duty-free Export To US Shrinks To $351.73m
Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September.
According to the latest African Growth and Opportunity Act policy trade statistics, exports to...
Nigeria lost $450bn worth of assets in 2016 due to withdrawal of some foreign firms from the country, according to the Nigerian-American Chamber of Commerce.
The NACC said the affected firms suffered a combined loss of N64bn investment due to naira devaluation, inability to repatriate...
