Connect with us

Business

Nigerian-American Chamber of Commerce To Inaugurate 20th President & Executive Council, Unveils Bold Economic Agenda

Published

on

 

adron lemon friday

The Nigerian-American Chamber of Commerce (NACC) has announced April 12, 2025, as the date for the Presidential Inauguration Dinner & Awards Night at Lagos Continental Hotel, Victoria Island, in honour of Alhaji Sheriff Balogun.

This announcement was made recently at a press conference held at Adna Hotel, GRA, Ikeja, Lagos.

In his welcome remarks, Dr. Ikenna Nwosu, Chairman of the Inauguration Planning Committee, outlined the core objectives of the event, followed by an inspiring opening address from Alhaji Balogun.

The president emphasised the Chamber’s rich legacy as a pillar of excellence in fostering trade relations and economic development.

He also highlighted his personal dedication to advancing economic growth through strategic initiatives, citing his successful organisation of the Annual NACC SME Conference when he was Chair of the Kaduna State Chapter of NACC, which attracted major investors and secured substantial funding agreements.

While addressing the media, Alhaji Balogun unveiled a 10-point strategic agenda aimed at driving economic transformation.

The agenda includes SME development and training, an export focus group, financing opportunities, enhanced member engagement, and geographical crop identification.

Other key areas include synergy between the chapters and headquarters, alignment with national strategies, chapter expansion, business incubator and accelerator programmes, and trade missions and expos.

Deputy President, Ehi Braimah, emphasised the need for stakeholder support, stressing the importance of inducting new members to strengthen the Chamber’s membership.

National Treasurer, Mr. Tobi Oduyale, highlighted the significance of expanding income channels and attracting foreign exchange to sustain the Chamber’s financial strength.

Acting Director General, Ms. Wofai Samuel, acknowledged the media’s role in promoting NACC’s vision and called for increased media and stakeholder support in celebrating visionary leadership across both private and public sectors.

The presidential inauguration dinner and awards night also marks NACC’s 65th anniversary and promises to be a groundbreaking celebration, where distinguished Nigerian and American business leaders across private, public, and social enterprise sectors will be honoured for their contributions to economic development.

“The 65th Anniversary Celebration of the Nigerian-American Chamber of Commerce will be nothing short of a trailblazing, trend-setting, and statement-making event,” Dr. Nwosu declared.

This prestigious event will also mark the unveiling of NACC’s new headquarters building, a 3D model showcasing an architectural multistorey masterpiece, which is clearly a testament to the Chamber’s sustainable growth and long-term vision.

As the chamber embarks on this new chapter, its unwavering commitment to economic prosperity, innovation, and strategic partnerships will continue to drive growth and investment for its members and the broader business community.

Business

ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026

Published

on

By

New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.

adron lemon friday

Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.

The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.

The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.

ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.

“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”

Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.

“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”

With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.

45 / 100 SEO Score
Continue Reading

Business

Airtel Africa Repurchases Over 7.7 Million Shares in Ongoing Buyback Programme

Published

on

Airtel Africa

Airtel Africa has repurchased over 7.7 million shares since May as part of its ongoing buyback programme aimed at reducing outstanding share capital (more…)

67 / 100 SEO Score
Continue Reading

Business

UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026

Published

on

UBA Foundation

UBA Foundation tree planting initiative marks World Environment Day 2026 with sustainability drive across Lagos schools to promote climate action

(more…)

adron lemon friday

49 / 100 SEO Score
Continue Reading

Trending News