The Federal Inland Revenue Service (FIRS) has revealed plans to introduce an e-invoicing platform aimed at improving Nigeria’s tax administration system. The digital platform, called FIRS e-Invoice, is designed to streamline invoice processing in compliance with the Tax Administration and Enforcement Act of 2007. FIRS Executive Chairman, Zacchaeus Adedeji, announced this during a stakeholders’ engagement … Read more
LCCI warns of persistent food pricess increases in Nigeria International tensions and threats to key shipping routes exacerbate the impact on Nigeria’s market. Decentralization of agricultural activities, particularly into poultry and fisheries EKO HOT BLOG reports that the Lagos Chamber of Commerce and Industry (LCCI) has issued a warning that the soaring food prices in Nigeria … Read more
The Lagos Women Affairs ministry held the 2022 Women Security and Peace Forum. Eko Hot Blog reports that the Lagos State Ministry of Women Affairs and Poverty Alleviation (WAPA), has held the Year 2022 Women Security and Peace Forum with the theme: “Strengthening Women’s Resilience and Leadership as a Path to Peace in Regions”, aimed … Read more
Lagos State Traffic Management Authority (LASTMA) has concluded plans to partner with the Lagos Chamber of Commerce and Industry (LCCI) on traffic management and control during the forthcoming 2022 Lagos International Trade Fair. Eko Hot Blog reports that the General Manager of LASTMA, Mr. Bolaji Oreagba stated this during a courtesy visit by officials of … Read more
Lagos State Government through the State Employment Trust Fund has supported 3,673 businesses with the sum of N1.56 Billion as grants and provided mentorship and business advisory to young people to start and grow their businesses. Eko Hot Blog reports that the Governor disclosed this today at the Lagos Chamber of Commerce and Industry … Read more
2023: Atiku Vows To Lead Nigeria Out Of Darkness EKO HOT BLOG reports that Atiku Abubakar, Presidential Candidate of the Peoples Democratic Party (PDP), has vowed to lead Nigeria out of darkness if elected in 2023. Atiku said this while presenting his economic blueprint for Nigeria at the Private Sector Economic Forum on … Read more
2023: Atiku Reveals Plans For Economy, Insecurity EKO HOT BLOG reports that the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, says his administration will address the nation’s security challenges by taking tough decisions if elected in the coming general elections. With about six months to the polls, the PDP candidate … Read more
Lagos state government has trained teachers on environmental sustainability EKO HOT BLOG reports that the Lagos State Government on Wednesday charged Environmental School Teachers, handlers of the Environmental Bees Club in schools across the State, to become agents of positive change in the environment. EDITOR’S PICK Tinubu Reveals Meeting Details With Obasanjo In Abeokuta JUST … Read more
Former President Olusegun Obasanjo, LCCI Applauds Development Of Ocean City Island EKO HOT BLOG reports that former President Olusegun Obasanjo, the Lagos State Chambers of Commerce and Industry (LCCI ) and others have applauded the development of a new Island christened Ocean City that would parade the tallest skyscrapers in Africa and an airport. Speaking … Read more
LCCI, Joe Biden The Lagos Chamber of Commerce and Industry (LCCI) has said that the administration of Mr Joseph Biden, the 46th elected U.S President, would usher in new dispensation for global economy. You May Also Like LCCI Urges National Assembly On PIB #EndSARS: LCCI Urges Youth On Dialogue Mrs Toki Mabogunje, LCCI’s President stated … Read more
LCCI, PIB The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to ensure the passage of a competitive Petroleum Industry Bill (PIB) that would make Nigeria an investment destination of choice. Mr Muda Yusuf, Director General, LCCI, made the call in a statement issued on Sunday in Lagos, Eko hot blog … Read more
The Lagos Chamber of Commerce and Industry says losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is approximately N2.7 billion, due to the unprecedented Coronavirus lockdown. LCCI’s Director-General, Dr. Muda Yusuf, made this known on Sunday through the LCCI’s Economic and Business Review for 2020 and Outlook for 2021. Eko Hot Blog gathered … Read more
LCCI, Projection The Lagos Chamber of Commerce and Industry (LCCI) has projected a further perpetuation of the current recession on the Nigerian economy should the reverberating effects of COVID-19 pandemic persist into Q1-2021. “The economy was faced with positive but sluggish growth before the pandemic with real GDP growth averaging 1.94 per cent between Q2-2017 … Read more
The Lagos Chamber of Commerce and Industry says the worsening poverty in the country posed a great deal of risk to Nigeria’s democratic process and security. Nigeria’s Gross Domestic Product, Foreign Direct Investment, foreign exchange rate, and lending rate, among others, were all weak between 2015 and 2019, the chamber said on Sunday in its … Read more
Automobile importers and the Lagos Chamber of Commerce and Industry have kicked against the proposed increase in import tariff for new and used vehicles. The National Automotive Design and Development Council on Thursday proposed higher import tariffs of 100 per cent on fully built new vehicles and 125 per cent on used cars, whose current … Read more
The Lagos Chamber of Commerce and Industry (LCCI), has urged the Federal Government to take practical measures that would ensure economic inclusion as the nation commenced the new year. LCCI disclosed this in a statement while reacting to President Muhammadu Buhari’s new year address. The statement reads in part “The key things that government must … Read more
United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far reaching benefits that will help transform their businesses and take it to the next level. UBA’s Head Group Consumer Retail Business, Mr. Jude Anele gave … Read more
The Lagos Chamber of Commerce and Industry (LCCI) has called on President Muhammadu Buhari to promptly assent to the Companies and Allied Matters (CAM) Bill 2018, saying it has huge potential to catalyze the growth and transformation of Small and Medium Enterprises (SMEs) in the country. Making the call in a statement, Director General, LCCI, Muda … Read more