Press Release

Comments On Monetary Policy Rate Communique

The Lagos Chamber of Commerce and Industry welcomes the decision by the Central Bank of Nigeria [CBN] to reduce the Monetary Policy Rate (MPR) by 50 basis points from 14% to 13.5 %. This is in consonance with the clamour by the private sector for a relaxation of the tight monetary policy regime in the…

Press Release

Special Press Briefing On The Agenda For The New Government By The President of LCCI, Mr. Babatunde Paul Ruwase, FCA held on 5th March 2019

INTRODUCTION I welcome you all to this special press briefing which is to set an agenda for the administration of President Muhammed Buhari, GCFR in his second term. The past few months have been characterized by uncertainty which had affected investors confidence and caused a deceleration in the tempo of economic activities. Investors were worried…