trade

Nigeria's Minister of Industry, Trade and Investment highlights the economic significance of Lagos International Trade Fair Complex traders, while the maritime sector prepares for key reforms and new tax measures raise data protection concerns.

European business leaders and multinational firms operating in Nigeria have called for consistent economic regulations, warning that policy unpredictability threatens the country's ability to attract long-term foreign capital and sustain investor confidence.

Nigeria unveiled its Industrial Policy 2025 while confronting ₦8 trillion in annual revenue losses from concessions, as the government pursues trade expansion and energy infrastructure development to stabilize the economy.

The Nigerian Maritime Administration and Safety Agency is driving shipyard development whilst the Customs Service targets a 48-hour cargo clearance system, signalling a coordinated push to modernise trade infrastructure and unlock blue economy potential.