LCCI
4 hours ago
Former Vice President Atiku Abubakar has slammed President Bola Tinubu’s appetite for loans following yesterday’s swift passage of the president’s fresh request to borrow N1.77 trillion (approximately $2.2 billion) in support of the N28.7 trillion 2024 budget.
2 days ago
The key parameters and assumptions of the 2025-27 Medium-Term Expenditure Framework (MTEF) are overly optimistic considering the prevailing economic and social indicators, the Director-General of Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has said.
9 Nov
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Inland Revenue Service (FIRS) to prioritise effective tax governance to enhance the ease of doing business in Nigeria. Mr Gabriel Idahosa, President, LCCI, made the call at the FIRS Special Day event at the ongoing 2024 Lagos International Trade Fair (LITF) on Friday.…
9 Nov
The Lagos Chamber of Commerce and Industry (LCCI) has lauded the Federal Inland Revenue Service (FIRS) for its shift from merely collecting taxes to actively providing services that enhance business operations. This commendation was made during the FIRS Special Day at the ongoing Lagos International Trade Fair (LITF), where LCCI President, Mr. Gabriel Idahosa, highlighted…
7 Nov
The Nigeria Social Insurance Trust Fund (NSITF) has disbursed a total of N6.6 billion as compensation to 103,000 injured employees.
5 Nov
Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has hailed the country’s Chinese trade partners for what she described as “their invaluable support towards Nigeria’s industrialisation efforts”.
1 Nov
Governor Babajide Sanwo-Olu of Lagos State has said that the Lagos International Trade Fair (LITF) is a testament to the power of partnerships in advancing economic prospects of large corporations and small businesses. The governor, represented by his Deputy, Dr Obafemi Hamzat, said this at the opening of the 38th LITF by the Lagos Chamber…
30 Oct
Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has urged the newly-appointed minister of Industry, Trade and Investments, Dr Jumoke Oduwole to improve the business and operating environment for manufacturers and MSMEs before looking to attract Foreign Direct Investments (FDI). Almona said to attract FDIs, there are fundamental factors to consider in…
26 Oct
The Federal Government has been tasked to properly articulate regulations, enhance industrialisation and champion economic diversity to promote Nigeria's trade and investment outcomes.
25 Oct
The Auto and Allied Sub-Sectoral Group of Lagos Chamber of Commerce and Industry (LCCI) have concluded plans to host its yearly symposium. For decades, the African automobile industry has long been dominated by Tokunbo (imported used vehicles).
23 Oct
Local manufacturers have lamented frequent collapse of the national grid, saying production and business operations are being negatively affected.
23 Oct
President, Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has urged the Federal Government to make credit available to businesses to support their operations and production lines.
Latest
2 mins ago
The National Identity Management Commission (NIMC) on Friday says Nigerians would have to pay for the new multipurpose national Identity card due to limited government revenue. The NIMC Head of Card Management Services, Dr Peter Iwegbu, said this during a two-day round table event organised for online editors in Lagos. Iwegbu said that the payment…
3 mins ago
Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) said 17 communities in Akwanga local council have benefited from its rural infrastructure development which has helped reduce conflict between herder and farmers. ACReSAL said it constructed 17 solar-powered boreholes in 17 communities, and 408 solar-powered streetlights in 83 communities in the state since 2023. The agency made this…
9 mins ago
The ambassador of France to Nigeria, Marc Fonbaustier, has emphasized the importance of fostering partnerships and collaborations to strengthen the Nigerian educational system. According to him, these efforts would enhance the educational ties between the two countries, creating opportunities for shared growth, research development, and educational tourism The ambassador made this known yesterday at the…
35 mins ago
The Economic and Financial Crimes Commission (EFCC) has arraigned the Director of Human Resources Management of the Rural Electrification Agency (REA) Mr. Sulieman Garba Bulkwang before Justice Joyce Abdulmalik of the Federal High Court, Abuja for fraud. He is being prosecuted on a five-count charge bordering on criminal diversion of funds and money laundering to…
37 mins ago
The Lagos State Government has warned against the use of open spaces for illegal activities, especially for miscreants specialised in assaulting residents, theft, and causing disorderliness. This was disclosed at a stakeholders’ meeting organised by the Lagos State Planning and Environmental Monitoring Authority (LASPEMA) in Ikorodu. The meeting on Wednesday held at the Ikorodu North…
38 mins ago
Barely eight hours after its release, Wizkid's sixth studio album, Morayo, has claimed the number one spot on the Nigerian Apple Top Albums Chart. The Afrobeat icon, whose real name is Ayodeji Balogun, continues to prove his dominance in the music scene with this deeply personal project. The album, released on November 22 under Starboy…
53 mins ago
Leaders Barcelona have lost two matches this season in La Liga, both without teenage starlet Lamine Yamal starting, and the winger will also be missing for Saturday's match at Celta Vigo. Hansi Flick's side have struggled when the 17-year-old is not on the pitch, as the Spain international has become a crucial part of their…
54 mins ago
The Federal Government has said it will collaborate with the World Bank to expand Nigeria's credit support funds by 50 million dollars to reach more young people, including businesses led by going women, people with disabilities, and young rural dwellers. Minister of Youth Development, Comrade Ayodele Olawande, who communicated this when he hosted the World…
55 mins ago
An Alabama man convicted of the murder of a hitchhiker was put to death by nitrogen gas on Thursday, officials said, the third use of the controversial execution method in the southern US state this year. The execution of Carey Grayson, 49, was conducted at the William Holman Correctional Facility in the town of Atmore,…
1 hour ago
The International Criminal Court (ICC) decision Thursday to issue arrest warrants for Israel's Prime Minister Benjamin Netanyahu and his former defense minister "ignores" the country's right to defend itself, Argentina's leader said. Argentina "declares its deep disagreement" with the decision, which "ignores Israel's legitimate right to self-defense against the constant attacks by terrorist organizations like…