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…

Foreign investment into Nigeria drops by 43% – UN report

Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported recently that investors were put off by a dispute between the government and South African telecom giant MTN over repatriated profits. Banks HSBC and UBS both closed representative offices there in…