African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Dangote Offers East African Countries 30% Stake in Proposed $17 Billion Kenya Refinery
Citi Upgrades Zambia Bonds to Overweight After Hichilema Secures Second Term
China-Ethiopia Trade Deals Reach $330 Million as Exports to China Grow
Ivory Coast Cocoa Industry Faces Disruption Risk Ahead of EU Deforestation Rules
Nigeria SEC Proposes Rules Requiring Crypto Firms to Share Transaction Data
Ethiopia Says It Does Not Need Permission to Develop Abay River Resources
Ethiopia Central Bank Allocates $500 Million in Forex Auction at 160.21 Birr per Dollar
Egypt Holds Interest Rates at 19% as Inflation and Regional Risks Keep Central Bank Cautious
Global Wheat Supply Faces Pressure as Black Sea Attacks Disrupt Shipments
Kenya Treasury Bond Switch Opens KSh75 Billion Opportunity for Investors
US Funds African Rare Earth Projects as Private Investors Stay Away
Nigeria Energy Inflation Falls to 4.37% in July, Lowest in Four Months
MTN Nigeria Dividend to Generate $41 Million for Government
EDECS Expands DP World Partnership With Dar es Salaam Port Modernisation Project
Exxaro Resources Half-Year Earnings Fall 20% as Costs Rise and Rand Strengthens
SUBSCRIBE
African Economy Inc.
Subscribe
African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Nigeria, UAE Seal CEPA to Open Markets, Cut Tariffs and Accelerate Investment Flows
Economy

Nigeria, UAE Seal CEPA to Open Markets, Cut Tariffs and Accelerate Investment Flows

by Gift Egbeiyon January 14, 2026
written by Gift Egbeiyon January 14, 2026
FacebookTwitterLinkedinEmail
148

ABU DHABI, Jan 14 – Nigeria and the United Arab Emirates have formally signed a Comprehensive Economic Partnership Agreement, marking one of Nigeria’s most ambitious bilateral trade deals to date and signaling a deeper economic alignment between both countries.

The agreement, signed on January 13, 2026, is designed to significantly expand trade, improve market access, and unlock higher quality investment flows across key sectors including agriculture, manufacturing, financial services, digital trade, infrastructure, and real estate. The signing was witnessed by President Bola Ahmed Tinubu and UAE President Sheikh Mohamed bin Zayed Al Nahyan.

Under the deal, Nigeria will eliminate tariffs on 6,243 products imported from the UAE, while the UAE will remove tariffs on 7,315 Nigerian products. A large share of these tariff eliminations will take effect immediately, with remaining products phased out over three to five years. Clear rules of origin have been established to ensure only goods genuinely produced in either country benefit from the agreement.

For Nigerian exporters, the CEPA provides expanded access to the UAE market for agricultural goods such as fish, cereals, cocoa, fruits, and oilseeds, as well as industrial and manufactured products including pharmaceuticals, chemicals, machinery, apparel, paper products, footwear, and furniture. This is expected to support Nigeria’s push to grow non oil exports and diversify its economy.

You Might Be Interested In
  • Mozambique Clears IMF Debt Early With $700 Million Repayment

The agreement also delivers broad liberalisation in services. Nigeria secured commitments covering 99 specific services across 10 sectors, while the UAE opened 108 services across 11 sectors. Nigerian businesses will be able to establish operations in the UAE, access professional and financial services markets, and enter the country as business visitors for up to 90 days annually. Intra company transferees can stay for renewable three year periods.

From an investment perspective, the CEPA addresses long standing barriers to foreign direct investment from the UAE into Nigeria. Officials say the framework is expected to accelerate deals already underway in agriculture, infrastructure financing, digital banking, retail, and real estate, while strengthening Nigeria’s position as a preferred entry point into ECOWAS and the African Continental Free Trade Area.

Implementation efforts will now begin across trade, customs, investment promotion, and export agencies to ensure Nigerian businesses can fully leverage the agreement.

Read Next

  • Nigeria, UAE Seal CEPA to Open Markets, Cut Tariffs and Accelerate Investment Flows

    January 14, 2026
  • Namibia Removed from FATF Grey List After Strengthening Financial Crime Controls

    June 20, 2026
  • How Total Return Swaps Are Changing Sovereign Debt Financing in Africa

    June 25, 2026
  • AfDB Says Africa’s Trade Finance Gap May Widen Amid Middle East Tensions

    May 28, 2026
  • Kenya Introduces Licensing Rules for Crypto Exchanges and Digital Asset Firms

    July 27, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
African Economy Inc.
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy