Nigeria has reaffirmed its commitment to deepening partnerships that benefit small and medium-sized enterprises (SMEs) and expand trade opportunities, following its participation at the 5th Singapore-Africa Ministerial Exchange Visit (SAMEV) held in Sin… | By Abimbola Akomolafe on September 3, 2025 | Nigeria has reaffirmed its commitment to deepening partnerships that benefit small and medium-sized enterprises (SMEs) and expand trade opportunities, following its participation at the 5th Singapore-Africa Ministerial Exchange Visit (SAMEV) held in Singapore from 26–28 August 2025. The high-level gathering, themed "Progressing Together towards a Sustainable Future", convened African ministers alongside Singaporean leaders to explore opportunities for collaboration in sustainability, trade, and innovation. Read also, Nigeria's delegation also took part in the 8th Africa-Singapore Business Forum (ASBF), which attracted over 700 business and government leaders from 40 countries, focusing heavily on economic growth through SME-driven trade and investment. For Nigeria, the visit marked a milestone with the entry into force of the Investment Promotion and Protection Agreement (IPPA) between both nations on 22 August 2025. The agreement is expected to unlock fresh opportunities for SMEs in areas such as technology, manufacturing, and services, while fostering long-term trade and sustainable development between Nigeria and Singapore. | | | |
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