Resources - Africa


The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) established in 1960, is the umbrella organization for all the various affiliate member chambers within the country. The Association’s membership is voluntary and it encompasses City, State and Bilateral Chambers, Business/Professional Association and Corporate Bodies. It champions the course of business through its advocacy role and influence public policies that promote free enterprise. The perspective of NACCIMA is in accordance with contemporary ideas of the chambers of Commerce Movement in a relatively free enterprise economy the world over.

NACCIMA is a foundation member of the Federation of the West African Chambers of Commerce, which provides the common platform for economic operators in the West African sub-region covered by the Economic Community of West African States. The Association is also member of International Chamber of Commerce, ICC headquartered in Paris and the African Chambers of Commerce, Head Office of which is in Cairo.

In fulfillment of its mandate, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in collaboration with the Centre for International Private Enterprise (CIPE), Washington D.C. mounted a number of programs in support of the emerging market economy in the country since the late eighties. Such programs include public policy Advocacy, Capacity Building for Chamber of Commerce and Business Associations, Business Participation in the Legislative Process, Training for journalists on Business and Economic Reporting and Watch-Dog Function on Economic policies.

NACCIMA publishes and circulates widely its Newsletters, Business Agenda, Legislative Alert, which have over the years proved to be veritable sources of information and ideas for government officials, local and foreign business operators, including the media.



Links to U.S. Government organizations and trade associations

Association of Nigerian Women Business Network

The Association was born in February 2013, with the support of the Centre for International Private Enterprise (CIPE). ANWBN serves as a unifying voice to effectively address issues affecting business and professional women across the thirty-six states of Nigeria, including the FCT, Abuja.


African Development Bank Knowledge Products:


Nigeria Economic Outlook

The economy continued to show signs of recovery from the 2016 recession. GDP growth was estimated at 0.8% in 2017, up from –1.5% in 2016. The outlook beyond is positive, with growth projected at 2.1% in 2018 and 2.5% in 2019. This outlook is anchored in higher oil prices and production, as well as stronger agricultural performance. Oil prices rebounded to an average of $52 per barrel (Brent crude) in 2017 and are projected to reach $54 in 2018, up from $43 per barrel in 2016. Oil production also increased from 1.45 million barrels per day in the first quarter of 2017 to 2.03 million in the third quarter of 2017 following de-escalation of hostilities in the delta region and is expected to remain at the same level in 2018 and 2019, in tandem with the Organization of the Petroleum Exporting Countries production restrictions.