Nigeria


Nigeria, Singapore enforce new bilateral investment treaty
Nigeria and Singapore have strengthened their economic ties with the enforcement of a new Bilateral Investment Treaty, BIT.
EU commits €1.1 billion to boost AfCFTA as Job creation, MSMEs take centre stage
The European Union (EU) has committed about €1.1 billion to help the African Union (AU) implement the African Continental Free Trade Area (AfCFTA), a key agreement aimed at boosting trade across Africa.
D-8 preferential trade agreement targets $500 billion in intra-trade by 2030
Amb. Isiaka Imam, Secretary-General, D-8, Organisation for Economic Cooperation, says the organisation is focusing on achieving a target of 500 billion dollars in intra-trade among member countries by 2030.
A new U.S.-Nigeria trade deal could unlock more investment for Nigerian startups
A new U.S.-Nigeria Memorandum of Understanding (MoU) may offer a lifeline to the country’s startup ecosystem amid a global funding slowdown. Signed in July 2024, the U.S.-Nigeria Commercial and Investment Partnership (CIP) aims to remove regulatory barriers, promote private investment, and open access to American venture capital, critical support for Nigeria’s tech sector.
Nigeria opens AfCFTA air corridor to Kenya, Uganda, South Africa, cutting export costs by up to 75%
Nigeria has officially launched an AfCFTA air corridor aimed at boosting exports to key African markets — Kenya, Uganda, and South Africa — while cutting logistics costs for Nigerian exporters by between 50% and 75%.
Nigeria signs on AfCFTA tariffs
Nigeria has gazetted its Provisional Schedule of Tariff Concessions (PSTCs) under the African Continental Free Trade Area (AfCFTA), marking a major milestone in the country’s commitment to regional integration and trade facilitation across Africa.
Taiwan urges Nigeria to sign trade agreement to boost bilateral ties
The Taiwanese government has appealed to Nigeria to sign the Investment Promotion and Protection Agreement, which has been discussed by the two countries.
Nigerian businesses yet to benefit from AGOA, says MAN
The Director General of the Manufacturers Association of Nigeria said Nigerian companies have not benefited much from the African Growth and Opportunity Act (AGOA) since it came into effect.
Nigeria’s first AfCFTA shipment arrives in Kenya
Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya.
Kwara garment to leverage African free trade agreement
Kwara Garment Factory in Nigeria plans are underway to leverage the African Continental Free Trade Agreement, and explore export opportunities across Africa.