The Nigerian-American Chamber of Commerce (NACC) is gearing up to host a pivotal summit in February 2025, aimed at charting the course for future business collaborations between Nigeria and the United States. This strategic gathering, themed “2025 Economic Outlook for Nigeria,” will convene in Lagos and serve as a crucial platform for in-depth economic discussions and cross-border trade engagements. The summit’s focus will be on dissecting key economic indicators that are expected to shape the Nigerian economy in 2025, including GDP growth projections, inflation trends, interest rate forecasts, employment figures, and consumer spending patterns. By bringing together key stakeholders from both nations, the NACC intends to foster a robust exchange of ideas and insights, ultimately facilitating stronger economic ties between Nigeria and the US.
Leading the charge at this significant summit will be NACC National President, Sheriff Balogun. He will be joined by a distinguished lineup of speakers, headlined by Tola Adeyemi, Managing Partner at KPMG Professional Services, who will deliver the keynote address. Adeyemi’s expertise in financial analysis and economic forecasting is expected to provide valuable context for the discussions. The summit will also benefit from the contributions of other influential figures in the Nigerian business landscape, including Dr. Muda Yusuf, Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), a renowned think tank focused on promoting private sector development. Furthermore, Dele Oye, President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), will bring his extensive experience in representing Nigerian businesses to the table. Dr. Adelana Olamilekan, CEO of Zenith Carex Express, a prominent logistics and supply chain company, will add his valuable perspective on trade and transportation dynamics.
Beyond the core economic discussions, the summit will also feature a special recognition for a prominent figure in Nigeria’s creative industry. Veteran Nollywood actor Richard Mofe-Damijo, popularly known as RMD, will be honored with the Creative Industry Legend Award, acknowledging his immense contributions to the Nigerian entertainment sector. This recognition underscores the NACC’s understanding of the broader cultural and economic impact of the creative industries. Dr. Nneka Okekearu, Director of the Enterprise Development Centre at Pan-Atlantic University, will moderate the discussions, ensuring a balanced and insightful exchange of perspectives. Her expertise in entrepreneurship and business development will add significant value to the proceedings.
The NACC anticipates that this summit will provide invaluable insights for business leaders seeking to navigate the evolving economic landscape in 2025. By focusing on key economic indicators, the summit will equip attendees with the knowledge and understanding necessary to make informed decisions and capitalize on emerging opportunities. The discussions surrounding GDP growth, inflation, interest rates, employment, and consumer spending will provide a comprehensive overview of the factors that are expected to shape the Nigerian economy in the coming year. Furthermore, the summit will facilitate networking and relationship-building among key stakeholders, fostering potential partnerships and collaborations between Nigerian and American businesses.
The NACC’s commitment to strengthening economic ties between Nigeria and the US is evident in the caliber of speakers and the depth of the topics to be covered at the summit. By bringing together leading experts from both nations, the NACC aims to create a platform for meaningful dialogue and knowledge sharing. This event promises to be a crucial milestone in the ongoing effort to promote bilateral trade and investment, ultimately contributing to the economic growth and development of both countries. The inclusion of a prominent figure from the creative industry further emphasizes the NACC’s recognition of the growing importance of this sector in the Nigerian economy.
The February summit is poised to be a significant event for businesses looking to engage with the Nigerian market. The insights shared by leading economists, business leaders, and industry experts will be invaluable for navigating the dynamic economic landscape. The event will not only delve into the predicted economic indicators but also explore the broader context of doing business in Nigeria. Attendees can anticipate gaining a deeper understanding of the challenges and opportunities that lie ahead, enabling them to make more strategic decisions. Furthermore, the summit will provide a platform for networking and building relationships with key players in the Nigerian-American business community, fostering potential collaborations and partnerships. The recognition of a prominent figure from the creative industry underscores the interconnectedness of various sectors and their contribution to the overall economic landscape.
