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Muda Yusuf Director General of Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, told DEBO OLADIMEJI that he expects more support for Nigeria from the United States (US) under the Biden administration. What are the economic implications of Joe Biden Presidency For Nigeria? There is likely to be some positive changes as far as bilateral economic and trade relations are concerned. The US-Nigeria Bi-national Commission, which has been in place for about 10 years, is likely to gain some traction under Biden administration, given the strategic position of Nigeria in Africa and given the favourable disposition of the US Democrats to Africa. This is a valuable platform that can be used to promote and deepen cooperation in many facets of governance. ....
The dithering by the Central Bank of Nigeria (CBN) to tackle foreign exchange (FX) rate unification, a programme it pledged to pursue aggressively last year, has become a major disincentive to attracting capital inflows needed to drag the economy out of recession. ....
Emerging from a tortuous year, concerned citizens and other interested parties have called for radical overhaul of policy frameworks. The calls came as authorities weigh options to stimulate local production and take the economy out of the woods. ....
LAHORE: The Lahore Chamber of Commerce and Industry and the Karachi Chamber of Commerce and Industry have decided to make joint efforts for the cause of trade, industry, and economy, a statement. ....