Speaking during a press conference on Monday, November 17 2025, Distinguished Professor Simon Emeje, the executive chairman of CLMI, said the conference and investiture will take place on Wednesday, 26th November 2025, at the prestigious Oriental Hotel, Victoria Island, Lagos.

Described as a premier world-class experience, he said that the conference will bring together industry leaders, policymakers, innovators, and strategic thinkers from across sectors to examine the trends, challenges, and opportunities shaping Africa’s fast-evolving logistics ecosystem, as the global logistics, courier and transport market value is an average of $60 Trillion.

“The CLMI International Conference & Investiture 2025 provides a unique platform where strategies are formed, partnerships are nurtured, and actionable insights drive real economic impact. It aims to strengthen the logistics sector’s role in driving sustainable business growth, wealth creation, and national development,” Prof. Emeje said.

“Nigeria, for instance, has been dependent on oil and gas for a long time, but courier and logistics, when fully harnessed, have the capacity to generate 50% of the country’s revenue.

“The global logistics, courier and transport (LCT) market value is an average of $60 Trillion. The market value in Nigeria is about N25 trillion (market value). There is need to examine further on Africa’s position in the market in light with the African Continental Free Trade Area (AfCFTA) implementation.

He said that participants will have the opportunity to engage directly with top industry leaders and decision-makers, gain practical insights into building sustainable, high-impact businesses through trade logistics, explore new opportunities for career growth, investment, and commercial expansion, and join a national movement committed to transforming Nigeria’s trade and logistics ecosystem.

“This is more than a conference,” Prof. Emeje stated. “It is a transformative platform where vision turns into impact and where participants, from industry professionals to aspiring leaders, gain the tools and network needed to influence Africa’s future.”

Themed, “Building Entrepreneurship and National Wealth through Trade Logistics”, the event will be held under the chairmanship of Senator Aliyu Ikra Bilbis, chairman, Senate Committee on Communications, while Senator Adedayo Clement Adeyeye, chairman, Nigerian Ports Authority (NPA), will deliver the keynote address.

The conference will also feature renowned figures shaping Africa’s logistics and trade landscape, including Capt. Giorgio Enrico Del Celo, CEO, Primenext Logistics; Dr. Sola Obabori, Executive Director, Corporate Services, NAHCO; Dr. Sonny Allison, Founder, RedStar Plc., Dr. Ebere Njoku, Director-General, Nigeria-British Chamber of Commerce & Industry, amongst others.

“Their expertise will offer a roadmap for repositioning Africa’s logistics industry as a catalyst for global competitiveness.

“Participants can register at www.clmi.ng or use the direct registration link: https://bit.ly/2025-INVESTITURE”, the executive chairman said.

Speaking further, he said that CLMI is committed to advancing professionalism, excellence, and innovation in logistics, supply chain management, and trade operations.

“Through conferences, certifications, and capacity-building initiatives, CLMI continues to strengthen the industry’s role in national and continental development”, he explained.

Through the Courier product (formerly known as Uber Package), users can book a delivery driver to collect prepaid items from stores, whether purchased in-store or online. This service caters to the growing demand for quick and hassle-free delivery solutions.

“We aim to stay close to the evolving needs of our consumer base and the introduction of Store Pickups with Courier demonstrates this understanding. With Courier, one can send or receive items and also have purchased items picked up in-store, providing convenience for consumers and allowing them to spend more time with loved ones this festive season,” said Tope Akinwumi, country manager, Nigeria, Uber.

With Store Pickups, one can upload a picture of his or her receipt and provide specific instructions for the driver regarding where and how to pick up the items. Additionally, the driver can interact with the store on the customer’s behalf.

To use the service, consumers simply need to prepare the item for pickup, select “Courier” on the Uber app, choose the delivery type (send or receive), input the pickup and delivery addresses, and review the terms and conditions.

Upon confirmation of the request, the consumer can monitor the delivery progress in real-time via the app.  

Safety remains a core principle that Uber embeds into all products and services. With Store Pickups, users can take advantage of Live Tracking, which allows them to follow the pickup and delivery of their items, and PIN Verification, which provides a unique PIN that the delivery person can use to verify that the correct item has been collected or delivered.

The Uber Store Pickups is currently available in Lagos, with plans to extend availability to other key cities in the near future.

In fact, the World Bank said in a new study that central banks around the world have been raising interest rates this year with a degree of synchronicity not seen over the past five decades, a trend that is likely to continue.

Investors expect central banks to raise global monetary policy rates to almost four percent through 2023, an increase of more than two percentage points over their 2021 average.

However, Subramaniam’s comments followed the release of poor first-quarter financial data and the announcement of a number of drastic cost-cutting initiatives to assist the company weather the impending storm.

“I think so. But you know, these numbers, they don’t portend very well, “Subramaniam said in response to a question about whether the economy was “going into a worldwide recession.”

FedEx faced a decline in shipments around the globe “as macroeconomic trends significantly worsened later in the quarter,” the company said. It reported earnings of $3.44 a share, significantly below the analysts’ consensus of $5.14.