Nigeria, UK agree on regulations to deepen insurance market, expand digital economy - Premium Times Nigeria

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Nigeria, UK agree on regulations to deepen insurance market, expand digital economy

icx-Nigeria’s Minister of Industry, Trade and Investment, Okechukwu Enelamah, and his UK counterpart and Foreign Secretary Jeremy Hunt

The EDF was launched in August 2018 by President Muhammadu Buhari and Prime Minister Theresa May to foster economic and development ties between Nigeria and the United Kingdom. Also, the meeting agreed on the UK government’s commitment to providing more technical assistance to Nigeria’s exports diversification efforts, attracting investment and creation of jobs.

The summit is expected to discuss ways to create conditions for more British investments in Nigeria, particularly in manufacturing and services. “In the last three years, the government has allocated and disbursed over N3.5 trillion from the National budgets to infrastructure.

 

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Nigerian, UK tech companies sign £56 million contract - Premium Times NigeriaMr Hunt said the technology will be similar to London’s Oyster card system, a form of electronic ticket used on public transport.
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