ISDS Case Map
Nigeria
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 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 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 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.
The Taiwanese government has appealed to Nigeria to sign the Investment Promotion and Protection Agreement, which has been discussed by the two countries.
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 shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya.
Kwara Garment Factory in Nigeria plans are underway to leverage the African Continental Free Trade Agreement, and explore export opportunities across Africa.
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.
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.
