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Muda Yusuf

Lagos chamber faults merger of finance, budget ministries

The Director-General, Lagos Chamber of Commerce and Industry, LCCI, Mr. Muda Yusuf, has faulted the merger of Finance, Budget & Planning ministries, and advised that fixing the economy should be paramount on the agenda of the newly inaugurated federal cabinet.

Nigeria-Siemens 25,000MW electricity deal to gulp over N1.15tn

The six-year electricity deal signed by the Federal Government and Germany-based Siemens AG in July will cost more than N1.15tn to execute
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

Report: Why stable power supply’ll remain a mirage

An end to the erratic power supply in Nigeria is far from sight. Reason: Nigeria’s power sector losses have risen to N332.4 billion due to insufficient gas supply, distribution and transmission infrastructure between January and July, 2019.

Lagos chamber: Central bank lending rate will normalise credit market, economic growth

Lagos Chamber of Commerce and Industry (LCCI) says the lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface between entrepreneurs and the banking industry.

Lagos chamber condemns deployment of customs strike force to ports

The Lagos Chamber of Commerce and Industry (LCCI) has condemned the deployment of Customs Strike Force to the nation ports, saying it will be harmful to investment and hinder cargo clearing process.

Lagos Chamber expresses worry over SON’s interception of containers on highways

The Lagos Chamber of Commerce and Industry has expressed concern over reports of interception of containers on the highways by the officials of Standards Organisation of Nigeria.

LCCI sets agenda for President Buhari’s second term

The Lagos Chamber of Commerce and Industry (LCCI) says the quality of the nation’s infrastructure, policies and institutions are crucial to driving economic diversification.

LCCI condemns deployment of Customs strike force to ports

The Lagos Chamber of Commerce and Industry (LCCI) has condemned the deployment of Customs Strike Force to the nation ports, saying it will be harmful to investment and hinder cargo clearing process.

MAN, LCCI disagree with Governor Yari over recession

The prediction of Zamfara governor Abdulaziz Yari that Nigeria will slide into a recession again has been faulted by Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI).
national assembly abuja

Experts: Delay in passing 2019 budget will cause inflation, affect GDP

Economic and financial experts have said delay in passing the 2019 budget will cause inflation and also affect the country’s Gross Domestic Product (GDP).

Lagos Chamber urges President Buhari to sign CAM bill

The Lagos Chamber of Commerce and Industry (LCCI) has called on President Muhammadu Buhari to sign the Companies and Allied Matters (CAM) bill 2018 in order to boost Micro, Small and Medium Enterprises (MSMEs) growth.

LCCI commends President Buhari over NHF Bill

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill.

TUC, LCCI applaud Senate for approving N30,000 minimum wage

The Trade Union Congress (TUC) yesterday applauded the Senate for approving N30,000 as new minimum wage.

LCCI decry exclusion of textile from Forex

The Lagos Chamber of Commerce and Industry (LCCI) says the exclusion of all forms of textile materials from the foreign exchange market pose a threat to the N5 trillion fashion industry.

Election postponement: LCCI, MAN lament disruption to economy, losses

The Lagos Chamber of Commerce and Industry (LCCI) and Manufacturers Association of Nigeria (MAN) said the postponement of elections by the Independent National Electoral Commission (INEC) has disrupted the economy causing colossal losses.
Ladi Lawanson

LASG, LCCI to train motorists on driving skills to reduce carnage

The Lagos State Ministry of Transportation says it will begin the training of motorists on driving skills to reduce carnage in the state.

Lagos Chamber urges World Bank to review Ease of Doing Business indicators

The Lagos Chamber of Commerce and Industry (LCCI) said the World Bank needs to review the indicators for composition of the Ease of Doing Business Index to reflect the reality of each country.

Lagos chamber set to interact with governorship candidates

The Lagos Chamber of Commerce and Industry has announced that it is set to host yet another edition of private sector interaction with governorship candidates in Lagos State.

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ANAP: We’ll resist planned concession of major airports

The Association of Nigerian Aviation Professionals (ANAP) on Sunday said that aviation unions would continue to kick against planned concession of some major airports across the country by the Federal Government.
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Cross River: Communal crisis impeding our development – governor

The Cross River State governor, Professor Ben Ayade, has deplored the upsurge in communal crisis in the state, stressing that this menace has been impeding the development.
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Nigeria striker Ajibade’s assist key in Avaldsnes win over Roa

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Pope urges Amazon fires to be put out, calls for prayers

The world must work together to extinguish the fires ravaging Brazil’s Amazon rainforest, Pope Francis said in his weekly address to thousands of people gathered in St. Peter’s Square on Sunday.