Stakeholders worry about attracting new investments over insecurity
Stakeholders and operators in the oil and gas industry have expressed concerns about safety of assets within Nigeria and offshore, especially with renewed pipeline vandalism and kidnapping of crew members of a Very Large Crude Carriers..
LCCI advocates financial support for start-ups, export simplification
With over 80 per cent of Small and Medium Enterprises (SMEs) failing within the first five years of their existence mostly due to lack of access to credit, the Lagos Chamber of Commerce and Industry...
FG urges private sector intervention in biodiversity conservation
Faced with increasing depletion of nature’s resources, critical stakeholders in the industrial sector has been urged to get involved in the quest for sustainable management and use of Nigeria’s biological diversity
Border closure bites harder, hobbles local production
Mid August, barely three months after signing the African Continental Free Trade Agreement (ACFTA), Nigeria initiated a partial border closure, which it later escalated to full closure.
Regulatory uncertainties, cultural sentiments slow insurance penetration
Experts have identified economic and regulatory uncertainties, cultural and religious sentiments, and unwillingness to purchase policies as major setbacks to boosting insurance penetration in the country.
Sanwo-Olu draws curtain on 2019 Lagos International Trade Fair
Lagos State Governor, Mr Babajide Sanwo-Olu, on Sunday declared the 2019 Lagos International Trade Fair closed, assuring investors that the government....
How legitimate businesses paid huge cost for reduced cross-border smuggling
The Federal Government, through some of its agencies, have recorded some gains in the fight to curb smuggling across the country’s land borders, especially for commodities like rice and petrol. With this success comes a huge cost to the country and several businesses in terms of revenue loss.
Government extends border closure to 2020
Nigerians and their neighbours are to wait till January 2020 or beyond for the land borders to be reopened for businesses. The new development may have dashed the hopes of entrepreneurs in the West African region who were optimistic that the Federal Government would end the exercise before Christmas.
Lagos trade fair begins today amid border closure
The atmosphere of the Tafawa Balewa Square (TBS), Lagos, was different yesterday with last-minute preparations as the 31st edition of the Lagos International Trade Fair begins today. The fair, which is being promoted by the Lagos Chamber of Commerce and Industry (LCCI), will hold from November 1 to 10
United States envoy blames regulatory policies for low FDI inflow
The Consul General, United States (U.S.) High Commission, Ms Claire Pierangelo, has blamed some Federal Government’s policies for the low Foreign Direct Investments (FDI) currently being witnessed in the country. Pierangelo, represented by the Commission’s Commercial Attaché, Christine Kelley, at the 2019 Lagos Chamber of Commerce and Industry (LCCI) International Investment Conference, said Nigerians…