Lagos Chamber of Commerce and Industry LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has sought the supply of over 300,000 barrels of crude oil per day to the Dangote Refinery and other local refineries through a transparent, scalable naira-for-crude framework to reduce…

The Lagos Chamber of Commerce and Industry has endorsed the National Bureau of Statistics (NBS) revised Consumer Price Index (CPI) methodology, stating that the framework is technically sound, statistically credible, and consistent with…

The Lagos Chamber of Commerce and Industry (LCCI) has warned that Nigeria’s proposed 2026 Budget, with a N15.52 trillion debt servicing bill, could threaten fiscal stability and hinder growth prospects, even with signs of improving…

Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry (LCCI), a private sector body, has said the retained 27.5 per cent interest rate remains a significant obstacle for Nigerian businesses, urging the Central Bank…

The Lagos Chamber of Commerce and Industry (LCCI) has expressed cautious optimism following the latest inflation figures released by the National Bureau of Statistics (NBS), which show Nigeria’s headline inflation rate eased to 22.97 per…

The Lagos Chamber of Commerce and Industry (LCCI) has lauded the federal government’s bold economic reforms, stating that measures such as fuel subsidy removal, exchange rate unification, and fiscal tightening have begun to…

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns over the recently approved $500 million World Bank loan to Nigeria under the Community Action for Resilience and Economic Stimulus Program, calling for urgent…

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to ensure its monetary policy decisions reflect the actual challenges faced by businesses and consumers in the country. In a statement on…

The Lagos Chamber of Commerce and Industry (LCCI) has pointed out that the decline in inflation is not because of a reduction in the prices of items but a result of the new CPI calculation method, which reflects current…

The Lagos Chamber of Commerce and Industry (LCCI) has sought the suspension of the newly introduced 4 per cent Customs Processing Charge (CPC), which became effective February 4, 2025. Nigeria Customs Service in line with section 18…