Digital Economy and Business Friendliness

Ease of doing business within the digital economy across African countries…   The World Bank annually publishes the Ease of Doing Business index, which ranks countries from 1 to 190 and calculates an average score for countries and regions based on how favourable the countries’ regulations are for business operations. Year over year, countries work…

Mr. Olusola Obadimu

Appointment of NACC New Director General

We are pleased to announce the appointment of Mr. Olusola Obadimu, 57, as Director-General of Nigerian-American Chamber of Commerce with effect from Wednesday, 1st of July, 2020. This, in a statement signed by the National President, Nigerian-American Chamber of Commerce Otunba Oluwatoyin Akomolafe. Sola has a B.Sc in Chemical Engineering, M.Sc in Economics and MBA in Marketing…

ECOWAS adopts global certification benchmark for products

The European Union and the ECOWAS Commission have developed standards for the certification of some major products to boost the level of international trade. The five priority products selected by the member states are water, cashew nuts, vegetable oil, cement and fish. The certification programme, funded by the EU, is being implemented by the United…

Nigeria: Govt to Inaugurate Rail Cargo Delivery in Kaduna Inland Dry Port

The Federal Government has concluded plans to introduce cargo delivery by rail to the Kaduna Inland Dry Port. Mr. Tahir Idris, Director, Special Duties, Nigerian Shippers Council (NSC) said in statement in Abuja recently, that the inauguration was scheduled to hold on May 7, at the facility’s premises in Kakuri, Kaduna State. Idris said in…

Fintech: CBN to establish collateral management regime

In order to encourage more innovations in the payment system, the Central Bank of Nigeria, is putting in place a Collateral Management Regime to regulate the activities of Fintech firms and startups in the country. The Director, Payments System Management Department, Sam Okojere, who represented the Governor of the CBN, Godwin Emefiele, disclosed this in…

4th industrial revolution: Develop indigenous technology, experts tell Nigeria

Nigeria will have to spot opportunities for development in the age of technology or be left behind. This view was shared by experts in Lagos during the Nigerian-American Chamber of Commerce April Business Luncheon which held on 25th April, 2019 at the Lagos Oriental Hotel, Victoria Island, Lagos. “Since the fourth Industrial revolution builds on digital…

FG pledges to complete satellite assembly plant

The Federal Government has pledged to complete the construction of satellite Assembly, Integration and Testing (AIT) centre at the National Space Research and Development Agency. Minister of Science and Technology, Dr. Ogbonnaya Onu, made the pledge while inaugurating some projects at the campus of the satellite agency along Nnamdi Azikiwe Airport Road in Abuja recently.…