Feb 18 β€’ 00:45 UTC πŸ‡³πŸ‡¬ Nigeria Punch

NBCC launches economic dialogue to boost bilateral trade

The Nigerian-British Chamber of Commerce (NBCC) hosted its first Economic Outlook UK forum aimed at enhancing trade and investment between Nigeria and the UK.

The Nigerian-British Chamber of Commerce (NBCC) organized its inaugural Economic Outlook UK forum in London, a gathering that attracted senior policymakers, economists, and leaders from financial institutions and the private sector. This event was focused on discussing ways to boost Nigeria-UK trade and investment amidst global economic challenges. Under the theme β€˜Nigeria-UK 2026 Economic Direction: Stability, Growth and Private Sector Outlook,’ the forum served as a vital platform for dialogue on essential macroeconomic reforms and investment strategies pertinent to both nations.

At the forum, Prince Abimbola Olashore, President and Chairman of the Council of the NBCC, emphasized the Chamber's dedication to enhancing commercial relationships between Nigeria and the UK. He articulated the importance of the private sector as a catalyst for sustainable growth and mutual benefits, pinpointing where stability can be harnessed and growth opportunities can be cultivated for both economies. The discussions highlighted not only the existing frameworks for trade but also the evolving investment climate and the potential for future collaboration.

In summary, the NBCC's Economic Outlook UK forum underscores the bilateral commitment to fostering trade relations and enhancing the investment landscape between Nigeria and the UK. With an eye toward future economic directions, the engagement of the private sector is seen as crucial for identifying prospects for growth and stability that will benefit both nations, reinforcing the strategic economic partnership between them.

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