American Business Council
 
 
LinkedIn/ABC
 
Twitter/ABC
 

WELCOME

Breakfast Session: Ease of Doing Business

 
Image
 
Image
 
Image

The American Business Council held a Breakfast Session on the Ease of Doing Business on the 4th of April, 2018 in partnership with NESG and NACC. The key objective of the meeting is to examine the Ease of Doing Business landscape post-recession with the aim of identifying new and or emerging challenges and agreeing on modalities to address same. Outcomes of this session with the private sector will be presented to the Minister for Investment Trade and Investment as well as the Vice President as additional input into ongoing work by the Presidential Enabling Business Environment Council (PEBEC).
The event took place on Wednesday, April 4th, 2018 at IBM WestAfrica,
5th floor, Churchgate, Victoria Island between 9am -12 pm.

 
Image
 

CBN Communiqué No. 117 of the MPC Meeting – Apr 03-04, 2018

Proshare

The re-constituted Monetary Policy Committee (MPC) held its maiden meeting, the 260th meeting of the Committee, its first in 2018, on 3rd and 4th of April, 2018 against the backdrop of strengthening global growth and improving domestic economic conditions. The Committee assessed the developments in the global and domestic economic environments during the first quarter of 2018, including the risks to price stability, financial stability, and economic growth in the short-to-medium term. Nine members of the Committee attended the meeting.

 
Image
 

Nigeria’s active oil rigs hit three-year high

Punch

From a record low of 23 in December 2016, the number of the nation’s active oil rigs rose to 35 in February this year, a level last seen in early 2015. The upturn in the rig count was mostly triggered by the recent rally in global crude oil prices and the suspension of militant attacks on oil facilities in the Niger Delta. The country recorded the second biggest increase...

 
Image
 

PMI Reading No 60: Strong, and Broad-based

Guardian

Our manufacturing Purchasing Managers’ Index (PMI), the first in Nigeria, rose strongly in March from 54.7 to 59.4. Our partner, NOI Polls, has gathered and compiled the data. The index is found in developed markets (such as the ISM’s in the US), larger emerging markets such as China, India and Brazil, and a few other frontiers. It is based upon manufacturers’ ...

 
Image
 
 
Image
 

Financial Inclusion: CBN, banks target 60m Nigerians with 500,000 agents’ network

Vanguard

The Central Bank of Nigeria (CBN), deposit money banks, licensed mobile money operators and super agents yesterday unveiled a new initiative designed to extend financial services to 60 million financially excluded Nigerians by year 2020. Known as the Shared Agent Network Expansion Facilities (SANEF), the initiative ...

 
Image
 

NNPC pledges to assist National Assembly in passage of PIB

Guardian

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has pledged commitment to the passage of Petroleum Industry Bill (PIB).Baru, who spoke yesterday in Abuja, said the corporation would do everything possible to ensure that the lawmakers avoid making mistakes in the bill. He...

 
Image
 

On the African Continental Free Trade Agreement

Guardian

The big economic news over the last month was Nigeria’s refusal to sign up to the agreement establishing the African Continental Free Trade Area (AfCFTA). The official reason given for not signing was to “allow for further consultations”. Whether or not you believe that probably depends on what you think about how government operates. Although to be fair “consultations” ...

 
Image
 

Treasury bill yields Decline Further on Excessive System Liquidity

Proshare

The bond market remained slightly bullish in today’s session compressing by c.7bps on average, in a continued recovery from the bearishness of the previous week. Traded volumes however remained relatively thin with the bullish trend mostly hinged on price action by traders and a change in broader sentiment to a slightly bullish posture. We expect the market to remain relatively stable in the near term, as there are no...

 
Image
 

Fifteen Applications Of AI And Machine Learning In Financial Marketing

Proshare

AI and machine learning are making the customer experience more personalized and contextual than ever before. Banks and credit unions are using advanced technology to make websites, emails, digital advertising, social media and other content more efficient and effective. This is increasing marketing ROI as well as customer satisfaction. The greatest potential for AI in marketing is around the opportunity...

Follow us for all the latest updates

LinkedIn
 
Twitter
 

© 2018 American Business Council. All rights reserved.

KPMG Towers, Bishop Aboyade Cole Street, Victoria Island, Lagos


Subscribe Here