The LCCI has urged the FG to intensify efforts toward addressing issues of insecurity, foreign exchange hurdles, and rising inflation.
The Commissioner for Commerce has stated that government's failure to support SMEs will increase poverty and insecurity in the State.
The LCCI has disclosed that Nigeria has lost more than N700 billion since the #EndSARS protests started days ago.
Only two sub-sectors in the manufacturing space reported real growths.
The impacts of COVID in real estate would not be felt now but later.
The report of the LCCI stated that businesses with a focus on non-essential services faced significantly lower demand as consumers prioritised essential items.
The LCCI has advised CBN to curb multiplicity of exchange rates, a development it argued could send negative signals to investors.
President Muhammadu Buhari’s administration is trying to lure foreign investors to support Nigeria's weakened currency.
Several stakeholders have called on the Government to rescind its directive to the CBN to grant Forex to food importation in the country.
The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Babatunde Ruwase, has opposed the new import duty exchange rate set by the Central...
