Train Nigeria - Learn Nigeria, A Training, Development and Empowerment exchange program  that focused on Train for Trade, Employment, Entrepreneurship and Man power Development to encourage indigenous contents and professionals by Training. 

Educating, Developing and Empowering Indigenous Start-ups and professionals on advanced technologies and Engineering in world class institutions.

The desire to be efficient and to be effective in meeting the needs of the apprentice, Trade Nigeria in partnership with Globe Chamber of Commerce and Industry has lay down plan with Nissan and Toyota to train and develop experts who will meet the demands of industries.

The training will necessitate review of the project on a continuous basis to ensure that current needs of industry and apprentice are being satisfied. Through a process of accreditation, regular input from the industry advisory committees, as well as input from company's involved in the  delivery of the training. We are confident that participant in this project who will pursue an apprentice occupation as a career choice will receive high quality training and thus will be prepared to compete for jobs worldwide.

NIGERIA - CZECH BILATERAL TRADE MISSION

The Trade Mission brings together the public and private sector from around the world, with the aim of strengthening the private sector in Africa, promoting sustainable development, stimulating local production as well as the access to international markets, expanding partnership and business.

Asia Technology meets Nigeria Textile and Leather Industries

Asia Technology meets Nigeria Textile and Leather Industries. The project seek to further deepen and broaden Investment base within the state and as well upgrade, stimulate growth and create productive employment in the state.

Provide enabling business environment to Local Traders, Investors and Manufacturers within the state through the bilateral trade mission and Business Delegation to Vietnam 2020/2021. 

Foreign direct investment (FDI) in Nigeria

Nigeria is the third host economy for FDI in Africa, behind Egypt and Ethiopia. The country is among the most promising poles of growth in Africa and attracts numerous investors in the sector of hydrocarbon, energy, buildings etc. The country undergoes the effects of the oil counter-shock. According to the UNCTAD 2020 World Investment Report, FDI flows to Nigeria totaled to USD 3,3 billion in 2019, showing a 48,5% decrease compared to the previous year (USD 6,4 billion in 2018) under the effects of austerity measures. The total stock of FDI was estimated at USD 98,6 billion in 2019. Some of the main investing countries in Nigeria include the USA, China, United Kingdom, the Netherlands and France.

Nigeria intends to diversify its economy away from oil by building a competitive manufacturing sector, which should facilitate integration into global value chains and boost productivity. The recent merging of trade, industry and investment under the ambit of the Federal Ministry of Industry, Trade and Investment reflects Nigeria's intention to effectively coordinate between these three key areas to improve its trading and investment environment. Some of the country's main advantages are a partially privatized economy, an advantageous taxation system, significant natural resources and a low cost of labor.

The country has improved in many subcategories: Starting a business, Dealing with construction permits, Getting electricity, Registering property, Trading across borders, and Enforcing contracts. Nigeria appears as one of the top-10 improvers for the second time. (Doing Business). Nigeria has been attracting strong inflows from foreign countries.

China has also been investing considerably in the country, mainly in the textile, automotive and aerospace industries.

Football and Business Fora: How Globe Chamber of Commerce and Industry will connect businesses to Nigeria

The prudent of Globe Chamber of Commerce and Industry, Hon. Nwabueze Buchi George has revealed that their post-covid-19 era plans to bring business to Nigeria will take both conventional and unconventional approaches.

With most countries suffering economic setbacks, Hon. Buchi George said, the world is in a situation where even the helpers are looking for help, adding that one thing that will be a game changer at the moment will be unconventional meaSures.

Having lined up global joint partnership programmes with India, China, some other European and Asian counties and a pan-African network for trade and development, Hon. Buchi George said his organization is doing more.

“It is important that we do more because making Nigeria a good business destination is something that will favour all of us as individuals and as a Nation” 

“We know how tough things are everywhere in the world at the moment and we are hoping to take drastic measures that will yield instant results for both the investors and Nigeria”

Speaking further, he said that Globe Chamber of Commerce and Industry is planning a friendly football match between Nigeria and Australia as part of the proceedings for Nigeria Australia Economic Forum, adding further that the football match will be chaired by Nigeria’s foremost business mogul, Engr. Author Eze.

“We now live in an unconventional time and nothing is normal again. Every strategy that works is good because Covid-19 has put the world behind schedule”

“We have to do everything good for Nigeria and we also have to make sure they are beneficial to our partners. Globe Chamber of Commerce and Industry is committed to a lot of things and as it stands now globally, all hands must be on deck to move the world away from the shackles of covid19”

African Continental Free Trade’s first commercial deal to take off January 1, 2021

The world’s biggest free-trade pact, the African Continental Free Trade Area (AFCFTA), has been announced to take off  January 1, 2021.  Virtual meetings will be used to complete the outstanding discussions and negotiations.

The free trade agreement, was signed last year and was supposed to take off on July 1, this year, had been delayed due to the coronavirus disease outbreak that has set back negotiations on the protocol for trade in goods, including tariff concessions.

The continental body that is leading this trade deal, African Union, in a statement said that the outstanding negotiations will be finalized through a new African Virtual Trade Diplomacy Platform which is developed as a public-private partnership between the African Union Commission and over 20 African multinational companies.

The free trade area, is the world’s biggest free-trade zone by area, is expected to be fully operational by 2030. It has 55 member countries that have signed on to join including Nigeria, out of which 28 of them have ratified that agreement.

Africa is behind other parts of the world in terms of internal trade, with intra-continental trade accounting for just 15% of the total when compared to what is obtainable in Asia which is 58% and over 70% in Europe.

The AFCFTA agreement is expected to substantially increase trade within the region by lowering or eliminating cross-border tariffs on 90% of goods, thereby facilitating the movement of capital and people, promoting investment and paving the way for a continent-wide customs union.

Canada-Africa Economic Forum 2020 reschedule for 2021.

The Executive Director of Trade NigeriaIn, Hon. Nwabueze Buchi George yesterday update the strategy to start planning for the post Covid-19 

era, "we have shifted focus to 2021 with plans to partner with Globe Chamber of Commerce and Industry to host Canada-Africa Economic Forum 2020 reschedule for 2021. 

The move is an optimistic one with enough time for the global economy to also heal. According to Buchi George, the Canada-Africa Economic Forum 2021 will also be part of the plans to get economy of participating nations back on track, adding that “just few goods and services are moving across borders and hopefully by 2021, the world must have gotten over Covid-19 so that international economic relationships can come alive again”

Aside United States of America, Canada is the next destination in the continent and it will really be lovely if African nations can see what we can learn from this great nations”He said that every nation of the world has something to offer each other and with Canada economically bonding with Africa to establish a union that will see industries, ideas and technologies cross borders, a brand new light will shine on Africa again. 

Canada-Africa Economic Forum has been scheduled to hold from 24th to 27th of March, 2021 in Ottawa, Ontario, Canada, while the organization is looking forward to so much more, having suspended other events as a result of the Coronavirus pandemic across the world. 

Globe Chamber of Commerce which is established for the promotion and development of both local and international trade is on the front line, alerting the international business. Globe Chamber Of Commerce has its headquarters in Abuja Nigeria, with branches in more than 20 countries of Africa, Europe and Asia.