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Commonwealth Encourages Nigerian Businesses to Explore Global Trade Opportunities

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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.

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