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Lagos Chamber of Commerce and Industry

Chairman, Trade Promotion Board, Lagos Chambers of Commerce and Industry, LCCI, Gabriel Idahosa (left); Representative of the Lagos State Governor/Commissioner for Commerce, Industry and Cooporatives, Lagos State, Mrs Lola Akande; President, Lagos Chamber of Commerce and Industry (LCCI), Paul Ruwase and Deputy President, LCCI, Mrs Toki Mabogunjeu dring the Closing Ceremony of the 2019 Lagos International Trade Fair in Lagos

LCCI seeks permanent site for trade fairs over rising infrastructure costs

The Lagos Chamber of Commerce and Industry (LCCI) is soliciting the support of the Lagos State Government for a permanent site to hold the yearly Lagos International Trade Fair and exhibitions.
Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status. 1

Governor Sanwo-Olu urges Chinese firms to establish Lagos textile hubs

Governor Babajide Sanwo-Olu has urged the Chinese textile firms in Lagos State to set up production factories in the state.
Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status. 8

Lagos governor woos Chinese investors at trade fair

Gov. Babajide Sanwo-Olu of Lagos State on Monday assured Chinese investors of ample business opportunities in the state that would be mutually beneficial to both Nigeria and China.
Lagos State Governor Babajide Sanwo-Olu has announced the appointment of six new Permanent Secretaries in the States Civil Service.

Lagos trade fair will soon relocate to a permanent site – governor

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday said the Lagos International Trade Fair would soon be relocated to a permanent site.

LCCI: Insecurity, policy somersault bleeding Nigeria’s economy

The Lagos Chamber of Commerce and Industry (LCCI) has raised the alarm that uncertainty in the country’s business environment is not only posing risk for investors in the country but also costing the economy billions of Naira in losses.
President Muhammadu Buhari has described the death of retired Deputy Inspector General of Police, Muhammadu Danmadami as a great loss to the country.

Lagos Trade Fair: President Buhari urges Nigerian to patronise locally-made products

President Muhammadu Buhari on Friday declared the 2019 edition of the Lagos International Trade Fair open, reiterating that Nigerians should continue to patronise locally-made products and services to grow the nation’s economy.

LCCI: Border closure will affect Lagos trade fair

Organisers of the annual Lagos International Trade Fair, the Lagos Chamber of Commerce and Industry (LCCI), have said the land border closure with Nigeria’s neighbours will likely affect the 10-day event.
Closed Nigerian border without any activity

LCCI: Losses to border closure colossal

The Lagos Chamber of Commerce & Industry (LCCI) has frowned at the disruptions and losses that businesses and individuals have suffered as a result of the border closure. It said corporates, large number of informal sector players and individuals doing legitimate businesses across the borders have become victims of the new directive.
National Bureau of Statistics NBS

NBS: Border closure pushed inflation to 11.24 percent

The Consumer Price Index released by the National Bureau of Statistics on Tuesday showed inflation index rose to 11.24 per cent in September, barely a month after the border closure.

Poor ports facility frustrating Dangote refinery

Nigeria's inefficient ports have hampered the progress of what will be Africa’s largest oil refinery. Executives of the plant on Monday cited problems with importing steel and other equipment as a reason for the delays.

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.

Entrepreneur faults central bank export proceeds repatriation policy

Former President of Small and Medium Enterprise Group (SMEG) of the Lagos Chamber of Commerce and Industry (LCCI), Mr Jon Tudy Kachukwu, has said faullted six months export proceeds repatriation policy of the Central Bank of Nigeria (CBN).
Vice President of the Lagos Chamber of Commerce and Industry (LCCI), Asiwaju Michael Olawale-Cole, has expressed optimism that Nigeria is gradually waking up to Information Communication Technology (ICT).

Nigeria waking up to ICT – LCCI chief

Vice President of the Lagos Chamber of Commerce and Industry (LCCI), Asiwaju Michael Olawale-Cole, has expressed optimism that Nigeria is gradually waking up to Information Communication Technology (ICT).

2013 automotive policy dead as federal government mulls new policy

In October 2013, when the Federal Government under former President Goodluck Jonathan introduced a National Automotive Industry Development Plan (NAIDP) the objective was to stimulate investment in local vehicle production.
Minister of Mines and Steel Development, Olamilekan Adegbite, gave the hint at a meeting with the Mining and Solid Minerals Group of the Lagos Chamber of Commerce and Industry in Abuja.

Federal government to withhold small scale mining licences from foreigners

Indications emerged on Thursday that the Federal Government would no longer issue licences for small scale mining to foreign businessmen and companies.
At the just concluded Forum organised by the International Committee of the Red Cross (ICRC), key speakers Tony O. Elumelu, Founder of the Tony Elumelu Foundation and Peter Maurer, President of the International Committee of the Red Cross (ICRC) proffered entrepreneurship as the most sustainable solution to accelerating Africa’s transformation. During a one-on-one conversation at the event, both speakers called for a new private-sector-led approach to humanitarian development in Africa.

ICRC: Why we are partnering Tony Elumelu Foundation

Mr. Maurer said: “On one side, it is important that we assist and protect people when they are disrupted by violence and war. But what brought me together with Tony is not the white shirt and the blue suit, it is his deep conviction that with longer and protracted conflict we need to bring people much earlier into independence.”

Lagos chamber urges central bank to stop N305 per dollar official exchange rate

The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305 to one United States dollar.

Senator Adefuye marks 75th birthday

Rev. Father Pius Omofuma, a Catholic Priest, has called on Nigerians to renew their zeal for God’s work in alleviating the plight of the masses and love for all irrespective of creed, tribe or political leanings.

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Thierry Henry urges Arsenal fans to forget Nicolas Pepe’s price

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Real Madrid star Luka Modric hint Serie A move

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Man docked for importing 13 containers of substandard electric cable

A Lagos businessman, Ifeanyi Okoli, alleged to have imported into Nigeria 120,000 brands of substandard electric cables in 13 containers have been arraigned before a Federal High Court sitting in Lagos south west Nigeria by Standards Organisation of Nigeria (SON) on a three-count criminal charge of conspiracy and importation of substandard goods.
President of the Senate, Ahmad Lawan, presiding over the plenary in the upper chamber on Thursday, 3rd October, 2019.

Senate re-introduces bill to establish South East commission

Clause 15 (2a) of the bill which identifies source of funding for the commission, stipulates that the equivalent of 10% of the total monthly statutory allocation due to the member states of the commission shall be from the federation account.