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The President, Alhaji Sheriff Balogun stated that the event equipped Nigerian and American businesses with insights and strategies for navigating the current economic landscape considering the opportunities currently available via digital banking. He was impressed by the standard and quality of the outcome of the Event considering it was his first epublic external engagement in his administration. He further stated that the Changing Banking Sector Landscape Can Support Nigeria’s Socioeconomic Reforms in various ways, especially with the emergence of new technologies that have disrupted the face of banking.

In a statement made by the Deputy President of the Nigerian-American Chamber of Commerce, Ehi Braimah, He noted that, the Chamber continues to be a model platform for Business and socio-economic development for Nigeria and the United States and this has been demonstrated by the collaboration with Woodhall Capital, a global financial Advisory Firm in celebrating creative industry entrepreneur, Mo Abudu

The CEO of Woodhall Capital, Moji Hunponu-Wusu, reiterated the platform as an opportunity for Successful Women like Mo Abudu to inspire other women who aspire for the highest forms if economic and corporate success.

Acting Director-General of the Nigerian-American Chamber of Commerce, #WofaiSamuel, mentioned that Nigeria’s Banking sector has undergone significant transformations. We, as a Chamber, were keen to review and understand how these transformations can support multi-national businesses, MSMEs, and SMEs across the country, as well as U.S. Businesses and Companies operational in the Country.As the first and oldest bi-lateral chamber of commerce in West Africa, we prioritize the Banking Sector and Financial Institutions, which has been a critical lifeline of Trade & Commerce for our esteemed Members.

Themed: “2025 Economic Outlook for Nigeria”, the Event brought together stakeholders from Nigeria’s Banking & Financial Institutions, Manufacturing, Creative Industry, Diaspora, Technology, and other sectors across the Country’s Economic value chain.

In a welcome remark delivered by the President, Alhaji Sheriff Balogun, He emphasized current key economic developments like the strategic reforms aimed at stabilizing and growing the economy, as well as the Medium-Term Expenditure Framework.

He further reiterated the Chamber’s position as instrumental in; facilitating Trade and Investments, strengthening economic ties between Nigeria and the United States through networking, advocacy, and trade services, Supporting Economic Diversification, promoting non-oil exports, encouraging investments in emerging sectors and urged stakeholders to collaborate with NACC in shaping Nigeria’s economic future.

The Guest Speaker, Tola Adeyemi – Managing Partner KPMG Professional Services, provided an insightful analysis of Nigeria’s economic landscape, discussing current challenges, ongoing reforms, and implications for 2025.

The Panelists were:
1. Dr. Muda Yusuf,
CEO, Center for the Promotion of Private Enterprise.
2. Dele K. Oye
President – Nigerian Association of Chambers of Commerce, Mines, Industry & Agriculture – NACCIMA.
3. Dr. Adelana Olamilekan
MD/CEO, Zenith Carex International Limited.
4. The Event was moderator: Dr. Nneka Okekearu,
Director – Enterprise Development Centre, Pan Atlantic University.

The Event also served as an avenue to Honour Excellence in the Creative Industry. Mr. Richard Mofe-Damijo (RMD), an iconic Industry Figure was presented with the Creative Industry Legend Award for his outstanding contributions to Nollywood and Nigeria’s broader creative economy.

The meeting focused on the policy, opportunities, and gaps in Trade Services in Nigeria in anticipation of the full implementation of the African Continental Free Trade Agreement, AfCFTA.

The Nigerian-American Chamber of Commerce remains steadfast in working with Organizations supporting stakeholders to maximize the benefits of the African Continental Free Trade Area.