Nigeria imported £1.1 billion worth of refined oil from the United Kingdom in 2025, underscoring its continued reliance on foreign petroleum products despite efforts to expand local refining capacity.

The Federal Government has taken a step towards strengthening its gas sector regulatory framework through a partnership with the United Kingdom’s Office of Gas and Electricity Markets.

Nigeria-United Kingdom current trade is valued at £7.8 billion, UK Deputy High Commissioner, Mrs Gill Lever, has said.

Nigeria, UK Sign N589bn Deal to Boost Eight Sectors Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom. This was disclosed in a statement...

UK Commits $50m to Small Businesses in Nigeria British International Investment, the United Kingdom’s development finance institution and impact investor, recently announced a $50m commitment to Access Bank for businesses. A statement from BII said that the facility was part of a $295m loan package arranged...

UK Attracts $85m Investment into Nigeria’s Manufacturing Sector Since 2020 The government of the United Kingdom (UK) has helped to attract $85 million investment into Nigeria’s manufacturing sector through its Manufacturing Africa programme since 2020. Deputy British High Commissioner to Nigeria, Jonny Baxter, disclosed this at...