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Nigeria


Eni confirms deal with Nigeria to split OPL 245 oilfield into four licences
The agreement includes the “mutually satisfactory settlement” of all claims related to OPL 245 and the termination of an international arbitration procedure, the Italian energy major said.
‎Japan supports unlocking Nigeria–Japan trade, investment under AfCFTA
The event, on 28, January, 2026, aims to strengthen institutional capacity, enhance understanding of AfCFTA regulations, and promote sustainable business linkages between Japanese and Nigerian enterprises.
Decades of trade deals fail to wean Nigeria off crude oil dependence
Despite two decades of being handed preferential access to global markets, Nigeria remains trapped in oil dependence as many deals fail to deliver the much-needed diversification.
Nigeria, UAE strike trade pact to scrap tariffs on over 7,000 products
Nigeria has signed a far-reaching trade agreement with the United Arab Emirates that will eliminate tariffs on thousands of products and deepen economic ties between Africa’s largest economy and one of the world’s most dynamic trading hubs.
Nigeria has cleared final barriers to African Continental Free Trade Area
Nigeria has removed the remaining legal and policy obstacles to trading under the preferential terms of the African Continental Free Trade Area (AfCFTA) after the Federal Government gazetted key instruments required to activate the agreement, the Minister of Industry, Trade and Investment.
Google, AfCFTA to train 7,500 African SMEs on AI, digital trade skills
Google and theAfCFTA Secretariat have launched the AfCFTA Digital Inclusion & Entrepreneurship Programme that will train thousands of SMEs across Nigeria and the African continent on critical AI and digital skills to expand their businesses and trade continent-wide.
UAE advances CEPA talks with EU, Japan, Nigeria and Mercosur as trade hits $727bn
UAE advances CEPA talks with the EU, Japan, Nigeria and Mercosur as non-oil trade reaches $727bn in first nine months of 2025.
United Arab Emirates plans to conclude trade deal with Chad by end 2025
UAE could conclude negotiations for a bilateral trade agreement with Chad by the end of the year. Known as Comprehensive Economic Partnership Agreements, or CEPA, the trade, investment and cooperation deals are a key element of the oil-rich UAE‘s strategy to reduce its dependence on fossil fuels and bolster long-term growth.
Nigeria-Singapore and Côte d’Ivoire-Singapore bilateral investment treaties enter into force
The Nigeria-Singapore BIT and the Côte d’Ivoire-Singapore BIT have both entered into force. They establish rules on how Nigeria and Côte d’Ivoire should treat investments from Singapore, and vice versa. With these treaties, Singapore companies operating will enjoy enhanced protection of their investments
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.
Taiwan seeks bilateral agreement renewal with Nigeria
Taiwan is actively seeking closer ties and investment opportunities in Nigeria, but faces potential obstacles related to investment security and a lack of sustained high-level engagement from the Nigerian side.