The National bureau of statistics (NBS) in its latest Gross Domestic Product (GDP) report for Quarter 4 2020(Q4 2020) shows that the Nigerian economy grew by 0.11 %  in real terms from a negative of -3.2 % in Q3 2020. This represents the first positive quarterly growth since the 1st Quarter of 2020.  For the full...

In its quest to achieve backward integration, Fan Milk Plc, a Danone Company has commenced work on a proposed site allocated by the Ogun State Government which will host its flagship dairy farm and training institute. Fan Milk Plc is embarking on this project as part of its commitment to improving the local farmer and...

The value of Nigeria’s merchandise trade stood at N8,374.4billion in Q3 2020. This represents an increase of 34.15% in Q3, 2020 compared to Q2, 2020 but a decline of 8.85% compared to Q3, 2019. Total trade year to date amounted to N23,203.9billion. The import component was valued at N5,381.4billion representing an increase of 33.77% in...

Bolamark Engineering Limited is a leading indigenous power service provider committed to providing ultimate solutions to electrical problem. Bolamark is an industry leader in the area of installation, servicing, repairing, maintaining, and commissioning of electrical systems. A few of our Service Offering are; – Design Installation and Commissioning of electrical equipment – Power equipment procurement...

Capitana Resources Limited is an indigenous company and a prominent player in the Nigerian business space. The company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK), and Lubricants.  FNCCI members should present discount code FNCCICAP2346 or present their...

The Franco-Nigerian Chamber of Commerce and Industry in partnership with AELEX invites you to participate in it’s upcoming business webinar tagged: THE CAMA ACT 2020 AND THE EASE OF DOING BUSINESS IN NIGERIA.  DATE: Wednesday 16th September 2020 TIME: 10.00AM PROMPT FOCUS SCOPE AND APPLICATION OF THE CAMA ACT 2020 THE 2020 CAMA ON CORPORATE GOVERNANCE THE 2020 CAMA...

The rotating tenure system of the mantle of leadership of the Franco-Nigerian Chamber of Commerce and Industry has necessitated the appointment of Alhaji Usman Mohammed as the new President of the Chamber, this was disclosed at the 35th Annual General meeting of the Chamber which took a virtual form on Friday the 28th of August 2020. find...

The latest report from the National Bureau of Statistics for 2nd Quarter 2020 (Q2 2020) shows that the Nigeria’s Gross Domestic Product (GDP) decreased by -6.10%(year-on-year) in real terms, and aggregate GDP stood at N34,023,197.60 million in nominal terms. The Q2 2019 GDP recorded a growth of 2.12%, the Q2 2020 growth rate of -6.10% indicates...

In an attempt to lessen the impact of the COVID-19 pandemic on taxpayers, the Federal and State Internal Revenue Services have introduced emergency tax measures such as tax rebates, tax deductibility, deferral of tax payment and filing obligations. The House of Representatives passed the “Emergency Economic Stimulus Bill 2020” (“the Bill”) which provides that employers...

Attend the Chambers January Business Breakfast meeting with the theme; BUSINESS SURVIVAL IN THE NIGERIAN 2020 ECONOMY Date: 28th of January, 2020 Time; 8.30am Venue: FANTASIA HALL, Eko Hotel and Suites FOCUS AND CATCH -THE NIGERIAN 2020 ECONOMY; FACTS AND FIGURES -GOVERNMENT TAX POLICIES AND BUSINESS IMPLICATIONS -ANALYSIS ON THE 2020 EXPENDITURE FRAMEWORK -AFRICA CONTINENTAL...