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A Chamber is an association of business outfits functioning as a Economic Advancement Organisation with the objective of promoting growth of each member by collective efforts. In order to attain this objective, members with similar business interests are put together and called Trade Group. Each Trade Group meets regularly to discuss problems of its members, formulate new ideas and arrive at new approaches to their challenges. In many countries, membership of the Chamber is voluntary, but in several others, the Chambers are set up by law and membership is compulsory for specified categories of enterprises.
In the Nigeria context, membership of Chambers of Commerce is voluntary and covers not only Commerce and Industry in a narrow sense, but also private operations in all sectors of the economy, namely, Agriculture, Commerce, Manufacturing, Mining, Banking, Finance and Insurance, Construction, Professional Services, Printing and Publishing etc.