LCCI 2019 Economic Review and Outlook for 2020
The global Gross Domestic Product (GDP) growth of 3% in 2019 was the lowest output growth in a single year since 2011 and below the 10 years (2001-2010) average of 3.9%…
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LCCI MEDIA STATEMENT ON PROJECTIONS BY IMF AND WORLD BANK 2025
BEYOND THE FORECAST: RESETTING NIGERIA’S ECONOMIC COMPASS The Lagos Chamber of Commerce and Industry (LCCI) acknowledges with deep concern the projections presented in the April 2025 World Economic Outlook (WEO) and Global Financial Stability Report (GFSR) of the International Monetary Fund (IMF) and the World Bank at the ongoing 2025 Spring Meetings in Washington D.C….
LCCI MOURNS THE DEATH OF FORMER HEAD OF INTERIM NATIONAL GOVERNMENT, CHIEF ERNEST SHONEKAN
13 January, 2022; Lagos, Nigeria: The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice of the organised private sector (OPS) in Nigeria, has expressed sadness over the death of Nigeria’s Former Head of Interim National Government, Chief Ernest Shonekan, which sad event took place in the early…
LCCI STATEMENT ON TRANSPARENCY ON THE DOWNSTREAM SECTOR
The Lagos Chamber of Commerce and Industry views with concern incidents of speculation around the pricing of PMS and the opaqueness in the pricing mechanism of petroleum products in the downstream sector. The Chamber is also worried by the likely implications of the dominance of a monopoly supplier like the NNPC Limited on competition. The…
LCCI STATEMENT ON THE DECLINING PERFORMANCE OF NIGERIA’S SOLID MINERALS MINING SECTOR.
The Lagos Chamber of Commerce and Industry (LCCI) is deeply concerned about the performance of the Nigerian solid mineral sector. The Nigerian mining industry has recorded low performance in the last two quarters. According to the National Bureau of Statistics (NBS), the Mining & Quarrying sector contributed 4.47% to the overall GDP in the fourth…
NIGERIA’S ECONOMY AT 65: RENEWED MOMENTUM AND CAUTIOUS OPTIMISM
As Nigeria celebrates 65 years of independence, the Lagos Chamber of Commerce and Industry (LCCI) extends warm felicitations to the government and people of Nigeria. This milestone offers not only a moment of celebration but also a sober reflection on the state of our economy, the business environment, and the need for sustained reforms required…
AfCFTA, key driver for Africa’s economic recovery post COVID-19- Secretary-General
AfCFTA, key driver for Africa’s economic recovery post COVID-19- Secretary-General Mr Wamkele Mene, Secretary General, Africa Continental Free Trade Area (AfCFTA) has described the AfCFTA as a driver for Africa’s recovery from the impacts of the coronavirus pandemic.He said it would drive recovery from impacts of the pandemic on the continent’s industralisation growth and development…
