FEB 2025 NSACC NEWSLETTER-1Download
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening the financial sector by enhancing regulatory oversight, improving risk management frameworks, and ensuring strict compliance with global banking standards. In a rapidly evolving financial landscape, the apex bank said it was taking decisive steps to prevent financial crimes, maintain transparency, and reinforce public confidence in the Nigerian banking…
JANUARY 2025 NSACC NEWSLETTER JANUARY 2025 EDITION+-2Download
Nigeria, Africa’s largest economy, is facing a daunting challenge of insecurity. The country’s evolution from armed robbery to complex threats like kidnapping, terrorism, and cybercrime has worsened insecurity, particularly in the Northeast and Northwest. This has significantly impacted businesses operating in Nigeria, making it essential to understand the economic impact of insecurity with a view to identifying strategies to mitigate…
The Nigeria-South Africa Chamber of Commerce (NSACC) has taken a significant step towards strengthening bilateral relations between Nigeria and South Africa. A delegation of seven board/ExCo members of the Chamber, led by Chairman Dr. Ije Jidenma, paid a courtesy visit to the South African Embassy in Lagos. The visit which took place recently, was aimed at fostering closer ties between…
A KwaZulu-Natal aluminium alloys manufacturing company, Bingelela Alloys, which is based in Richards Bay, is a perfect example of the objectives that the South African Automotive Master Plan 2035 has set to achieve. These include increasing local content in vehicles assembled locally, doubling employment, achieving industry transformation across the value chain, and deepening value addition across selected commodities. Bingelela manufactures…