HomeBusinessCommonwealth Encourages Nigerian Businesses to Explore Global Trade Opportunities

Commonwealth Encourages Nigerian Businesses to Explore Global Trade Opportunities

Published on

The Commonwealth Enterprise and Investment Council (CWEIC) is actively engaging Nigerian businesses to connect them with trade and investment prospects within the Commonwealth and worldwide. The CWEIC’s CEO, Mrs. Rosie Glazebrook, is currently in Nigeria to promote the upcoming Commonwealth Trade and Investment Summit, scheduled for November 27 and 28, 2023, in London.

During her visit, Glazebrook will co-chair the Nigerian International Advisory Council (NIAC) and host a Commonwealth reception and dinner event. She aims to facilitate connections between Nigerian businesses and trade and investment opportunities within the Commonwealth, emphasizing the “Commonwealth Advantage” that makes trading between member countries 21% cheaper than with non-member nations.

According to the Sun, Glazebrook commended Zenith Bank Plc for its consistent support as one of the anchor sponsors for the Commonwealth Trade and Investment Summit. She outlined the CWEIC’s plans for 2024, including a Commonwealth Trade and Investment Forum in Malta and the Commonwealth Business Forum (CBF 2024) in Samoa.

Highlighting Nigeria’s significance as a market for businesses across the Commonwealth and beyond, Glazebrook noted the country’s growing stability and economic growth, attracting interest from various sectors such as financial services, oil and gas, healthcare, and technology

The CWEIC’s work extends to fostering business ease through initiatives like the Commonwealth Standards Network and the Commonwealth Legal Network, focusing on breaking down trade barriers and supporting SMEs. Glazebrook expressed optimism about Nigeria’s role in the CWEIC’s network and its potential for growth.

She encouraged Nigerian businesses to become part of the CWEIC’s network, which already includes prominent Nigerian Strategic Partners such as Dangote Group, Zenith Bank Plc, and African Export Import Bank, among others. Glazebrook affirmed her commitment to helping Nigerian businesses expand their global connections and showcasing Nigeria’s opportunities on the world stage.

Latest articles

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

Sowore Sues Police Chief Over Alleged Rights Violations

Activist Omoyele Sowore has sued Nigeria’s police chief, alleging unlawful arrest, detention, and rights violations linked to a protest in Abuja.

NYSC to Standardise Protocols for Corpers With Disabilities

NYSC introduces a standardised protocol to ensure inclusive handling of corps members with disabilities during the orientation course and service year.

More like this

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

Sowore Sues Police Chief Over Alleged Rights Violations

Activist Omoyele Sowore has sued Nigeria’s police chief, alleging unlawful arrest, detention, and rights violations linked to a protest in Abuja.