Similar Posts
LCCI STATEMENT ON APRIL 2026 INFLATION
APRIL 2026 INFLATION SIGNALS FRAGILE ECONOMIC RECOVERY The Lagos Chamber of Commerce and Industry note the marginal increase in Nigeria’s headline inflation rate to 15.69 per cent in April 2026 from 15.38 per cent in March, according to the latest statistics. While the increase reflects persistent cost pressures across the economy, the sharp moderation in…
LCCI STATEMENT ON OCTOBER 2023 INFLATION RATE
Nigeria’s inflation continues its upward trend, rising to 27.33% in October from 26.72% in the previous month as released by the National Bureau of Statistics (NBS). This represents 0.61% points increase, reflecting higher food & fuel prices and the consistent depreciation of the Naira. The annual consumer price inflation soared by 6.24% points when compared…
TAX REFORMS FOR FINANCIAL RE-ENGINEERING AND FISCAL TRANSPARENCY
The Lagos Chamber of Commerce & Industry (LCCI) commends the Federal Government for enacting to law, four landmark tax reform bills today, the Nigeria Tax Bill (Ease of Doing Business), the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. These reforms, passed after extensive stakeholder consultations,…
HONOURABLE MINISTER OF INDUSTRY, TRADE AND INVESTMENT VISITS LCCI, ADDRESSES CRITICAL TRADE AND INVESTMENT CHALLENGES
On 21 February 2025, the Lagos Chamber of Commerce & Industry (LCCI) hosted the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, on a courtesy visit to discuss opportunities and challenges around trade and investment in Nigeria. The engagement provided a platform for constructive dialogue on critical issues such as policy instability and…
ADDRESS ON THE STATE OF THE ECONOMY BY THE PRESIDENT OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY, MR. GABRIEL IDAHOSA, FCA HELD ON THURSDAY 18TH APRIL 2024, AT THE COMMERCE HOUSE, VICTORIA ISLAND, LAGOS
I present the compliments of the Lagos Chamber to you all at this second press conference in 2024. Thank you for continuing with us on this journey of quarterly reviewing significant economic developments in the preceding quarter and in this particular period, the review of the first quarter of 2024,and communicating our position to the…
