LCCI targets sustainable growth at 2017 trade fair
The Lagos Chamber of Commerce and Industry (LCCI) has unveiled its agenda for this year’s international trade fair, with focus on charting the path of recovery in terms of industrialisation and sustainable growth.
Stakeholders meet on cargo handling, port charges today
Major stakeholders in the maritime sector will today converge on Lagos to discuss salient issues around cargo handling and port charges.
120 South African companies in Nigeria risk attacks
A Reprisal attack against South Africa’s business interests in Nigeria could do huge damage to its economy, those who have been following the ongoing xenophobic attacks...
Commodity prices to go up
As rising cost of energy and inflationary pressure continue to affect operations of many manufacturers, local operators are already considering an upward review in commodity...
LCCI tasks government on PPP model to develop ICT sector
The Lagos Chamber of Commerce and Industry (LCCI), has urged the Federal Government to explore Public-Private Partnership for mobilising critical investments towards bridging infrastructural gaps..
Output drops as companies combat rising energy costs
Operators in the real sector relying on diesel and gas for production now grapple with higher operational costs amidst drop in capacity utilisation levels.
Nigeria’s crude oil output increases by 403,900bpd
Nigeria’s crude oil output increased by about 403,900 barrels per day (bpd) to 1.940 million bpd in December 2016, above November levels of 1.536 million bpd, according to the current figures released by Organisation of the Petroleum Exporting Countries (OPEC).
LCCI boss seeks incentives for private investors in petroleum sector
The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to grant special incentives to private investors in the domestic refining of petroleum products.
Unsold goods threaten jobs as inventory hits N100 billion
Members of the Manufacturers Association of Nigeria (MAN) last year recorded the highest inventory since the group came into being. They are certain there will be further job losses this year.