LCCI Communique on International Investment

LCCI Communique on International Investment

The Lagos Chamber of Commerce &Industry (LCCI) held the second edition of the Lagos International Investment Conference in Lagos on Wednesday, November 9, 2016, with the theme “Positioning the Nigerian Economy for Diversification and Sustainable Growth.”   The event which...
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Business leaders seek fresh path to prosperity in SouthWest, lauds Awolowo

Business leaders seek fresh path to prosperity in SouthWest, lauds Awolowo

All is now set for business leaders from the South West to hold Economic Summit in Ibadan, Oyo State between November 18 and 25, 2016.       The gathering is expected to identify challenges confronting the region and how to overcome...
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Rail conveys 2,330 cattle to Lagos in two months

Rail conveys 2,330 cattle to Lagos in two months

Between September and October 2016, the Nigerian Railway Corporation (NRC) transported 2,330 cattle from the North to Lagos.   Lagos District Manager, Jerry Oche made this known in an interview with the News Agency of Nigeria (NAN) in Lagos.  He...
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LCCI Photo News

LCCI Photo News

Caption: Representative of the Government and Secretary to the State Government, Mr Tunji Bello(2nd Left) cutting the tape to declare open the 2016 Lagos International Trade Fair while being assisted by the Commissioner for Commerce and Cooperatives, Mr Rotimi...
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LCCI Photo News

LCCI Photo News

From left – Inger Ultvedt, Ambassador of The Embassy of Sweden in Nigeria; Chief Dr. Mrs. Nike Akande, CON, President, Lagos Chamber of Commerce and Industry and Mrs Ann Linde, Minister for EU Affairs and Trade, Sweden, during the Networking...
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TUC faults Senate on amendments to CCB/CCT Act

TUC faults Senate on amendments to CCB/CCT Act

The Trade Union Congress (TUC) of Nigeria at the weekend condemned amendments to the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) Act by the National Assembly.   In a statement titled: “Lawmakers: Self-Serving laws cannot...
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‘Trade, Transport Interconnectivity critical to sustained growth in Africa’

‘Trade, Transport Interconnectivity critical to sustained growth in Africa’

Member States of Union of Africa Shippers Council (UASC) on Thursday in Abuja commenced a two-day special Sub-Regional Interactive meeting aimed at improving trade and transport infrastructure within the continent.   With the theme:Transport Infrastructure De...
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Lagos Trade Fair targets 500,000 visitors

Lagos Trade Fair targets 500,000 visitors

Not less than 500,000 visitors are expected at the 2016 Lagos Trade Fair organized by the Lagos Chamber of Commerce and Industry (LCCI).   The Chairman, Trade Promotion Board, Mr Sola Oyetayo in a statement sent to www.citybusinessnews.com  said the...
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NSC seeks removal of physical trade barrier in African

NSC seeks removal of physical trade barrier in African

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ (NSC), has called for the removal of physical trade barrier in African sub-region. Bello made the call during the inauguration of the interim working committee of West Africa Road....
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Guinness Nigeria targets South African market

Guinness Nigeria targets South African market

(Bloomberg)  Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump in its home market.   The unit of London-based Diageo Plc will cons...
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Customs impounds 14,000 bags of rice at Tin-Can Island Command

Customs impounds 14,000 bags of rice at Tin-Can Island Command

The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 31 containers of 14,000 bags of rice.  Briefing Journalsits on Friday, the Comptroller General of Customs, Col Hameed Ali (rtd), represented by  Deputy Comptroller Generals Dan Ugo and...
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CBN increases BDCs weekly sales to $50,000

CBN increases BDCs weekly sales to $50,000

 The Central Bank of Nigeria (CBN) has increased the amount of foreign exchange that Bureaux De Change (BDCs) can access from $30,000 to $50, 000 per week.  Speaking in Abuja on Tuesday, Directors of CBN and some Managing Directors of...
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TUC explains majority stake in Unity Bank

TUC explains majority stake in Unity Bank

 By Moses Ebosele –   The Trade Union Congress of Nigeria (TUC) has successfully acquired majority stake in Uity Bank Plc.   Under the arrangement, the Congress will within the next three years invest a total of N80 billion in the...
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