BrandsTrack

    The Manufacturers Association of Nigeria (MAN),  and the Lagos Chamber of Commerce and Industry (LCCI), have warned that the recent petroleum price hike may sound the death knell of the nation’s manufacturing sector, and force small businesses to shut down.     The two groups gave the warnings,  in separate  statements, issued  on Wednesday, in reaction to theRead More

The recent hike in the interest rates, as announced  by the monetary policy authorities, may signpost a deeper crises for the nation’s private sector, the Lagos Chamber of Commerce and Industry (LCCI), has warned.   The Chamber, in its reaction to the recent interest rates hike, on Wednesday, warned that such hike would throw the private sector to more profoundRead More

  The Lagos Chamber of Commerce and Industry (LCCI), has warned that plans by the federal government to implement the recently-introduced Expatriates Employment Levy (EEL), in the country,  may cause unintended consequences that may trigger the relocation of foreign companies to neighbouring countries that present a more conducive and less expensive environment for business.       The Chamber, inRead More

                        Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government on its commitment to power projects, including the Siemens Energy initiative. Giving the commendation in a statement signed by its Director General, Dr. Chinyere Almona, recently,  the Chamber described the present administration’s effortsRead More

                          Dr. Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI), has described the  federal government’s recent decision to suspend the 7.5%  Value Added Tax (VAT) on diesel for six months as commendable, but expressed concerns over high operating costs of  doing business. The Chamber, in aRead More