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LCCI COMMENTS ON THE LABOUR STRIKE
The LCCI notes with concern the proposal by the Nigeria Labour Congress [NLC] and the Trade Union Congress [TUC] to proceed on strike from Monday 28th September 2020. The LCCI appreciates the perspective of the labour unions with regards to the pains and hardship that the recent price hikes in petrol and electricity will inflict…
LCCI Statement-International Women’s Day 2022
The Lagos Chamber of Commerce & Industry, a gender-sensitive organization is pleased to congratulate women all over the world on this year’s International Women’s Day celebrations today, 8th of March 2022. The theme of this year’s edition, “Gender Equality Today for a Sustainable Tomorrow” provides us an opportunity to join voices with people around the…
LCCI Statement on Downgrades of Nigeria’s Sovereign Risk Profile
The Lagos Chamber is gravely concerned about the recent downgrades of Nigeria’s Sovereign Risk profile by three leading global default risk rating agencies. Fitch downgraded Nigeria’s long-term foreign currency debt Issuer Default Rating (IDR) from ‘B’ to ‘B-, few notches above a junk status, following Moody’s lead in downgrading Nigeria’s risk outlook, and Standard and…