Its Director-General, Dr Muda Yusuf, made the projection in the LCCI 2019 Economic Review and Outlook For 2020 made available to newsmen on Thursday in Lagos.
He said the performance of the trade sector in 2020 would be shaped by the direction of government policies. Yusuf said a higher Value Added Tax rate of 7.5 per cent and the early disbursement of funds for budget implementation following the return of the budget cycle would also be contributory factors.
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Cost of doing business in Nigeria to rise in 2020 - ReportMuda Yusuf made the projection in the LCCI 2019 Economic Review and Outlook For 2020 made available to journalists on Thursday in Lagos. Because this regime doesn’t know how to create prosperity or generate new employment , instead they are taxing the existing tax paying public to death thereby causing runaway inflation and cost of borrowing money. They need to enlarge the people in the tax bracket with employment
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Stock market: Operators foresee positive performance in 2020 – Daily TrustOperators have expressed optimism that the nation’s bourse will witness positive performance in 2020 due to low interest rate in money market instrument and early passage of the budget. They stated this in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Thursday, while reacting to the stock market expectations in 2020.ADVERTISEMENT …
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Analysts Hope Of Attractive Capital Market To Investors In 2020As the Nigerian stock market enters into the year 2020, coming from a loss position in the outgoing year 2019, analysts expect the year 2020 to provide a more attractive market for investors. OLUSHOLA BELLO writes With the Nigerian stocks market closing 2019 on a negative note with investors recorded losses, stakeholders have predicted the […]
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