Issue: Edition #140
ABC Events
ABC Nigeria Visits ARC-ESM to Strengthen Collaboration in Supply Chain Excellence
On November 13, 2025, the American Business Council (ABC) Nigeria paid a courtesy visit to the Africa Resource Centre for Excellence in Supply Chain Management (ARC-ESM), a social enterprise and the Council’s first Affiliate Member. ARC-ESM’s CEO, Azuka Okeke, warmly received ABC Nigeria’s CEO, Margaret Olele, and the Council team.
The meeting focused on deepening collaboration across key sectors—healthcare, education, innovation, sustainability, and food systems. Both organizations reaffirmed their shared commitment to advancing supply chain efficiency and creating opportunities for U.S. healthcare companies, particularly at the sub-national level.
ABC Nigeria and ARC-ESM will continue to work together to strengthen capacity, promote innovation, and drive sustainable growth across industries.
What does this mean for Multinational and Foreign Investors?
This partnership strengthens Nigeria’s supply chain ecosystem, creating a more reliable and efficient environment for investment. It opens new opportunities across healthcare, innovation, sustainability, and food systems, while making market entry and expansion easier for global companies.
ABC Nigeria Participates in TechCrunch Disrupt 2025 with Associate Member, All Talentz
The American Business Council Nigeria Secretariat joined one of its esteemed Associate Members, All Talentz, in San Francisco for their exhibition at TechCrunch Disrupt 2025. The Council was represented by Sarah Ogbolu-Paul.
Now in its 15th year, TechCrunch Disrupt has grown into a premier global platform that connects thousands of startups with investors, partners, and opportunities for collaboration. The event continues to serve as a launchpad for emerging technologies and innovative business models.
All Talentz, an innovative outsourcing company linking top African talent to global employers, showcased its commitment to reshaping the future of work and expanding access to high-quality technical expertise across borders.
The American Business Council is proud to support the achievements of All Talentz and other Associate Members who are driving innovation, trade, and investment across key sectors. Through such collaborations, ABC continues to strengthen Nigeria’s position as a hub for talent, technology, and business excellence, while fostering deeper U.S.–Nigeria economic cooperation.
Also present at the convention was Godsfavour Ahamisi, winner of the All Talentz Hackathon and former champion of the ABC Cybersecurity Hackathon, representing the next generation of emerging tech talent.
What does this mean for Multinational and Foreign Investors?
This engagement highlights Nigeria’s growing capacity in tech talent and innovation, creating stronger opportunities for global companies seeking skilled professionals and strategic partnerships. It signals a more vibrant, investable ecosystem—one that supports scalable talent pipelines, cross-border collaboration, and long-term business growth.
The Future of U.S.-Africa Relations
Key Takeaways:
Barrister Amobi Nzelu urges Nigeria to prioritize constructive dialogue with the U.S. over hostility, emphasizing diplomacy, transparency, and truth to preserve strong bilateral relations and protect national interests.
What does this mean for American Businesses?
For American businesses, constructive engagement between Nigeria and the U.S. signals a more stable and predictable environment for investment and operations. Stronger diplomatic ties help ensure smoother trade, clearer regulations, and opportunities for collaboration in key sectors.
Want to read the full article? [https://von.gov.ng/legal-luminary-urges-constructive-engagement-in-nigeria-us-relations/]
Business Updates
IOM urges Nigeria to convert $20.9bn diaspora remittances into long-term investments
The International Organisation for Migration (IOM) has urged Nigeria to convert the over $20.9 billion remitted by its citizens abroad in 2024 into sustainable, long-term investments that can fast-track inclusive economic development.
Delivering her address at the 8th Nigeria Diaspora Investment Summit (NDIS 2025) held on Tuesday in Abuja, Sharon Dimanche, IOM’s Chief of Mission in Nigeria, described the Nigerian diaspora as one of the nation’s most powerful drivers of growth, innovation, and inclusion.
Dimanche said while remittances continue to serve as a lifeline for many households, Nigeria must now focus on transforming diaspora contributions into structured, productive ventures that create jobs, strengthen industries, and power regional and national growth.
What This Means for Nigerian Businesses:
The $20.9 billion in diaspora remittances presents a major opportunity for Nigerian businesses to attract long-term investment. By improving transparency and aligning projects with clear outcomes, companies can tap diaspora capital to grow in sectors like infrastructure, healthcare, education, and technology.
Want to read the full article? [https://businessday.ng/news/article/iom-urges-nigeria-to-convert-20-9bn-diaspora-remittances-into-long-term-investments/]
‘Nigeria needs to enforce human rights in business environment’
nternational human rights scholar, Prof. Uchenna Emelonye, has renewed calls for an enforceable framework to mandate businesses in Nigeria to adhere to policies and a code of conduct that will entrench and internalise the protection of human rights in the course of their operations.
Emelonye, who is the Chief Executive Officer (CEO) of AfriRIGHTS and Professor of Law at Bournemouth University, United Kingdom, made the call while speaking at the United Nations Business & Human Rights Panel Discussion as a panellist.
The event, which was moderated by Adwoa Kufuor-Owusu of the United Nations Office of the High Commissioner for Human Rights (OHCHR), drew participants from across the world and had other eminent panellists like the Managing Director of the Bank of Agriculture, Dr Ayo Sotinrin.
What This Means for Nigerian Businesses:
Nigerian businesses must integrate human rights into their operations to stay competitive and attract global investors. Failing to do so risks reputational damage, regulatory penalties, and lost business opportunities.
Want to read the full article? [https://guardian.ng/news/nigeria-needs-to-enforce-human-rights-in-business-environment/]
Nigeria safe country for business – LFZDC boss, Dai
The Managing Director of the Lekki Free Zone Development Company (LFZDC), Mr. Dai Shunfa, has said that Nigeria remains a safe country for business and foreign investment, urging global investors not to be discouraged by negative reports about the country.
Speaking during a media interaction at the Lekki Free Zone, Dai said the free zone has continued to attract foreign and local investors who are contributing significantly to Nigeria’s industrial and economic growth.
Dai explained that despite such misconceptions, the free zone has remained a hub of stability and productivity, housing more than 130 enterprises, out of which 67 are already in operation.
He also revealed that the zone recorded over $250 million in foreign direct investment this year alone.
According to him, more investors are coming in due to improved infrastructure and a business-friendly environment.
What This Means for Nigerian Businesses: Nigeria’s growing investor confidence highlights a safer, more stable business environment. For Nigerian businesses, this opens opportunities in industrial zones and free trade areas, offering better infrastructure, incentives, and smoother operations.
Want to read the full article? [https://www.vanguardngr.com/2025/11/nigeria-safe-country-for-business-lfzdc-boss-dai/]
Startup Updates
Nigeria to deepen investments in tech startups with new funds
Nigeria has announced plans to expand funding for startups through the Investment in Digital and Creative Enterprises (iDICE) programme. The move follows the government’s recent investment in Ventures Platform’s latest fund.
Launched in 2023, the iDICE programme was created to support the growth of the country’s tech and creative industries. It is backed by the Bank of Industry (BOI), the African Development Bank (AfDB), Agence Française de Développement (AFD), and the Islamic Development Bank (IsDB).
Additional financing is expected from the private sector, though details of that participation have yet to be disclosed.
iDICE will introduce two new funds — one dedicated to the creative sector and a “fund of funds” that will invest in smaller funds supporting startups in both the technology and creative industries.
COWAN, MoMo PSB to empower 25 million entrepreneurs at NESE 2025
The Country Women Association of Nigeria (COWAN), in partnership with MoMo Payment Service Bank (MoMo PSB), has announced plans to empower 25 million entrepreneurs nationwide through the National Entrepreneurship Summit and Exhibition (NESE) 2025, set to hold from November 18–20, 2025, in Lagos.
Themed ‘Empowering Entrepreneurs, Transforming Communities and Driving National Development,’ the summit aims to strengthen Nigeria’s entrepreneurial ecosystem by connecting business owners, investors, policymakers, and development partners. It will also promote innovation and financial inclusion, with a special focus on women and youth.
Upcoming Events
American Business Council Nigeria Family Unfair 2025
The season is here again!
The American Business Council Nigeria is pleased to announce its upcoming Post-Thanksgiving Family Funfair. We look forward to a vibrant day of connection, celebration, and activities with our members, their families, and our valued partners.
Stay tuned—full details will be shared soon!
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