Press Release

The commitment of the CBN to the backward integration agenda of the Federal Government is laudable. However, it is important that in seeking to achieve this objective, the sequencing and strategy must be right. The policy will do more harm than good, both to investors...

THE NEW LENDING POLICY OF THE CBNThe new lending policy for deposit money banks which prescribes a minimum Loan Deposit Ratio of 60%, effective 30th September 2019 is a move in the right direction. The focus of the policy on SMEs, Retail, Mortgage and...

Three critical factors are crucial to drive economic diversification in the Nigerian economy. These are the quality of infrastructure, the quality of policies and the quality of institutions. It is crucial to get these key parameters right. It is equally critical to ensure...

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...

The Lagos Chamber of Commerce and Industry [LCCI] wishes to express its deep reservations over the Nigeria Postal Commission Bill currently before the National Assembly. We submit that the bill is inimical to private sector investments in the Courier business; it is a negation of...

SPECIAL PRESS CONFERENCE BY THE PRESIDENT OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY, MR BABATUNDE RUWASE, FCA ON NIGERIAN MARITIME PORTS HELD ON TUESDAY 2ND OCTOBER 2018 AT COMMERCE HOUSE, VICTORIA ISLAND, LAGOSOFFICERS, COUNCIL AND OTHER MEMBERS OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY HERE PRESENTMRS. OMOWUNMI...

The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 4th edition of the Information, Communication, Technology and Telecommunications (ICTEL) Expo.The tech event is scheduled...