Ambassador Nura Abba Rimi, the Permanent Secretary of the Ministry of Industry, Trade, and Investment, has emphasized the government's commitment to enhancing the Nigerian economy...

From 28 to 30 May 2024, the World Trade Organisation, in collaboration with Nigeria's Federal Ministry of Industry, Trade and Investment, hosted a 3-day national workshop...

The Export Expansion Grant (EEG) Scheme was introduced in 1986 through the Export (Incentives and Miscellaneous Provisions) Act (amended in 1992) to stimulate non-oil exports.

The Standards Organisation of Nigeria (SON) is the government agency responsible for setting and maintaining standards for products imported into and manufactured in Nigeria.

The directive of the CBN is predicated on the high credit and liquidity risks posed by these types of investments to the affected OFIs and the entire OFI sub-sector.

Nigeria has the potential to become one of the largest export markets for the US creative sector. Ramin Toloui, assistant secretary for economic and business affairs, United States department of state...

The Nigerian Export Promotion Council (NEPC) has requested qualifying exporters to submit baseline data for the determination of export ratings for the 2017 fiscal year ...

On June 19, 2024, the Nigeria Custom Service ("NCS") commenced a verification exercise for private aircraft owners.

An export licence is a document issued by the Nigerian government through the Nigerian Export Promotion Council (NEPC) that authorizes a business to export specified goods...

Recently, UK Export Finance; the United Kingdom's export credit agency, added the Naira to its list of pre-approved currencies.

Compliance with corporate regulations is a fundamental aspect of operating a business legally and efficiently in Nigeria. Among these regulations, the requirement to file annual returns...

The Federal Government of Nigeria (FGN), vide the Nigerian Export Promotion Council (NEPC), recently issued the revised guidelines for operation of the Export Expansion Grant scheme ...

In February 2024, the African Continental Free Trade Area (AfCFTA) Protocol on Digital Trade (the "Protocol") was adopted. The Protocol seeks to govern the cross-border exchange of goods, services and other tradeable...

A major highlight of 2018 was the re-passage of the Federal Competition and Consumer Protection Bill by the Nigerian Senate in December 2018.

A survey carried out by the African Private Equity and Venture Capital Association (AVCA) in 2018 indicates that Private Equity and Venture Capital (PE) activity in Africa has been increasingly consistent

For a business entity to commence exporting in Nigeria, certain requisite licenses are needed, which are provided by a recognized regulatory authority, the Nigerian Export Promotion Council.

Citizenship acquisition can be a long and rigorous process but that is not always the case for high-net-worth individuals who may explore the option of acquiring citizenship by investment.

The Central Bank of Nigeria (CBN) recently issued a circular on 8th January, 2025 (the "circular"), announcing the immediate suspension of approvals for extending the timeline for repatriating export proceeds.

On January 1st 2018, the Federal Government of Nigeria commenced the implementation of the 2017 Revised

The Central Bank of Nigeria in a circular issued on September 13, 2018 addressed to all Deposit Money Banks, Micro Finance Banks and other Financial Institutions, Mobile Money Operators, Development Finance Institutions, ...