Are there any relevant free trade agreements or preferential trade partnerships in place in Nigeria?
- The Trade Adviser
- Jun 20, 2024
- 1 min read
Updated: Jun 5
Nigeria, Africa's economic powerhouse, actively participates in several trade agreements that offer benefits and considerations for businesses operating within the country. Let's explore some key free trade agreements (FTAs) and preferential trade partnerships (PTPs) relevant to Nigerian trade:
1. African Continental Free Trade Area (AfCFTA):
Largest FTA in Africa: Launched in 2020, the AfCFTA aims to create a single African market with free movement of goods and services across the continent. This agreement has the potential to boost intra-African trade and economic integration.
