Tag Archives: Director-General of the (LCCI)

  Amid the dispute between the Federal Inland Revenue Service and the Rivers State Government over the collection of Value Added Tax and the order by the Court of Appeal directing the parties to maintain the status quo, the Lagos Chamber of Commerce and Industry has advised businesses to pay …

The Lagos Chamber of Commerce and Industry, LCCI has urged the Federal Government to create more understanding about the three per cent revenue allocation to host communities in the Petroleum Industry Act. The President, Major General Muhammadu Buhari (retd.), had on Monday signed the Petroleum Industry Bill into law following …

The Lagos Chamber of Commerce and Industry, LCCI has advised the Federal and State Governments to liberalise the infrastructure sector by breaking government monopoly and securitize corporate assets via public offerings to attract investment. According to an official statement released on Sunday titled ‘Practical steps for boosting revenue and foreign …

…Debits Banks N122 Billion The Central Bank of Nigeria (CBN) has moved to unify the multiple exchange rates, as to as to generate more local currency from its dollar inflows and further achieve naira stability. As a result, the apex bank debited N122bn ($338m) from banks’ excess cash with the …