CBN foreign currency policies killing us – LCCI

The Lagos Chamber of Commerce and Industry, LCCI, yesterday, said the biggest challenge facing investors currently is the dislocations caused by the recent foreign exchange policies of the Central Bank of Nigeria, CBN. Speaking at 2015, third quarter press conference, the President of LCCI, Alhaji Remi Bello, said the chamber appreciates the challenge of scarcity […]

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MANUFACTURING TAKES A MAJOR HIT DUE BUHARI’S LACK ECONOMIC POLICY

The Nigeria’s manufacturing sector which accounts for 10 per cent of Gross Domestic Product (GDP) contracted for a second consecutive quarter, by 3.8 per cent year-on-year in the second quarter of 2015, just against 14.0 per cent a year earlier. This is an indication, according to the latest report by Renaissance Capital Limited released on […]

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Buhari’s lack of economic blueprint is diminishing investor’s confidence in Nigeria’s economy – LCCI

The Lagos Chamber of Commerce and Industry, LCCI, has called on President Muhammadu Buhari to immediately release the blueprint of his economic policy and constitute an economic team that will facilitate a new policy direction. The chamber also said it was not comfortable with the present approach of the Federal Government to economic issues, which […]

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