Nigeria Removed from EU's Financial Crime High-Risk List   The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was published on the European Commission’s...

As of last year, the trade exchange between Nigeria and the United Kingdom amounted to over €35 billion, or roughly one-third of the country's total international trade.

Nigeria's VAT System Can do With Improvement – EU The European Union (EU) has said Nigeria's Value Added Tax (VAT) system can work better for companies with little improvements as the current system is riddled with inefficiencies. This assertion came from Massimo De Luca, Head of...

Nigeria's VAT System Can do With Improvement – EU The European Union (EU) has said Nigeria's Value Added Tax (VAT) system can work better for companies with little improvements as the current system is riddled with inefficiencies. This assertion came from Massimo De Luca, Head of...

EU To Invest €37m In Nigeria’s Power Sector   The European Union (EU) is set to invest €37 million in the power sector in Nigeria, in addition to the about €200 million grants it has invested in the sector since 2008. This disclosure was made by the...

EU Canvases for Maritime Security Improvement in Nigeria   The European Union (EU) through the West and Central Africa Port Security, has stressed the need for an improved security measures in the country’s maritime domain. EU said this on Thursday in Lagos during the closing ceremony of...