bilaterals.org logo
bilaterals.org logo

Nigeria


Modi’s visit: Nigeria, India finalise pending agreements to facilitate trade, investments
Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements between the two countries.
British Virgin Islands court grants Chinese firm right to seize Nigerian $25m assets
The ruling marks the latest in a string of losses Nigeria has suffered in foreign jurisdictions over the past years.
Nigeria launches review of bilateral investment treaties
The state’s trade policies will be updated over the coming months by a nine-member committee.
Nigeria, Ethiopia, others endorse AfCFTA Digital Trade Protocol
The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, reaffirmed Nigeria’s commitment to upholding the digital trade protocol to boost investment, export, and economic reforms.
Nigeria should audit her Bilateral Investment Treaties –Owonikoko
Why President Bola Tinubu should use diplomatic means to resolve the dispute, ANAYO EZUGWU brings the excerpts
How the treaty signed with China under OBJ got Nigeria’s jets seized, – ex-Presidential aide
Laolu Akande, former presidential aide, has shed light on the complexities and consequences of Nigeria’s bilateral investment treaty with China, which has led to significant legal challenges for the country.
‘Political instability threatens AfCFTA implementation’
Political Instability and policy inconsistencies, among others, constitute barriers that threaten the success of the African Continental Free Trade Area Trade in Services Protocol.
Investment treaties are undermining the global energy transition
Globally, 2 gigatonnes (Gt) of carbon dioxide equivalent (CO2e) of potential annual greenhouse gas emissions is protected via investment treaties.
Dangote, Flour Mills, Tolaram make first AfCFTA exports
Dangote Group, Flour Mills of Nigeria and Tolaram are among nine companies that made first exports under the African Continental Free Trade Area.
Nigeria set to begin preferential trade under AfCFTA guided initiative
All is now set for the launch of preferential trade under the AfCFTA Guided Trade Initiative by President Bola Tinubu.
EU woos Nigeria with elaborate trade deal
The European Union urged Nigeria to reconsider its position on the Economic Partnership Agreement to boost trade relations with the EU.
Dangote Refinery opens opportunity for shipping business, AfCFTA
Dangote Refinery is positioning Nigeria for the AfCFTA, which is also creating new trade opportunities between Nigeria and African countries.
Nigeria strengthens partnership with UAE to boost economy
Discussions on the Comprehensive Economic Partnership Agreement between Nigeria and the United Arab Emirates are advancing.
Taiwan seeks renewal of trade pact with Nigeria after 33 years
Taiwan urges Nigeria to renew their 1991 investment protection agreement to foster a safer investment climate between both nations. With Taiwan’s trade totaling $1bn in 2022, the country aims to expand its presence in areas such as technology, education, and agriculture.
Nigeria, UK to sign enhanced trade investment partnership agreement on Tuesday
Governments of Nigeria and the United Kingdom will, on Tuesday, sign the Enhanced Trade Investment Partnership (ETIP) Agreement to not just boost its trade volume but also reduce market access and regulatory barriers discouraging people from investing in either of both nations.
FG approves investment agreement with UAE
The Federal Government has approved the ratification of the Investment Promotion and Protection (IPPA) agreements between Nigeria and the United Arab Emirates (UAE).
Customs, AfCFTA lament low intra-African trade volume
The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has lamented the low trade volume in Africa and the stagnant growth in the continent’s trade.
Abuja agrees to settlement with ENI over OPL 245
The battle over block OPL 245 between Nigeria and Italian major ENI was suspended on 16 November.
Nigeria may miss October trading date for AfCFTA
From all indications, Nigeria may likely fail in its bid to commence trading in the African Continental Free Trade Area (AfCFTA), under the Guided Trade Initiative (GTI).
Despite AfCFTA, Nigeria’s intra-African trade down 12%
Nigeria’s intra-African trade value dipped 11.95 per cent year-on-year (YoY) from N956.93 billion in the first quarter of 2022 (Q1 2022) to N842.6 billion in Q1 2023, despite operation of the African Continental Free Trade Area (AfCFTA) since 2021.