Be Where Europe and Nigeria Do

The upcoming 10th Nigeria-EU Business Forum, scheduled for June 25, 2026, in Lagos, is poised to strengthen economic ties between Nigeria and Europe. The event will gather key figures including policymakers, investors, development finance institutions, and business leaders from both regions. This gathering is particularly significant as the global economy undergoes rapid transformation, prompting nations to seek robust partnerships for investment, growth, and stability.

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The global economy is changing rapidly, and countries are increasingly looking for stronger partnerships capable of supporting investment, growth, and long-term economic stability.

Ambassador Gautier Mignot of the European Union Delegation to Nigeria and ECOWAS emphasized the forum's importance, highlighting Nigeria's status as a crucial African economy with vast potential across sectors like energy, infrastructure, agriculture, manufacturing, and technology. The EU is Nigeria's foremost trade and investment partner, boasting over €38 billion in foreign direct investment stock. The forum serves as a vital platform for the EU to deepen its engagement with Nigeria's government, businesses, and financial institutions, fostering long-term economic cooperation and translating broad interests into concrete investment opportunities.

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The EU is Nigeria’s first trade and investment partner. Nigeria historically maintains a strong trade surplus with the EU, exporting significantly more (mostly fuels, cocoa, and agricultural products) than it imports.

The primary objective of this year's forum is to enhance cooperation through active economic engagement between the private sectors of Nigeria and Europe. By uniting policymakers, investors, entrepreneurs, regulators, and business leaders, the forum creates a focused environment for discussing opportunities, forging partnerships, and driving growth. It addresses the needs of businesses seeking market access, governments aiming for job creation and economic expansion, and investors requiring confidence and long-term potential.

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The objective is straightforward. We want to strengthen cooperation between Nigeria and Europe through economic engagement between our private sectors.

Energy is identified as a critical sector for collaboration, given its foundational role in industrialization, productivity, and overall economic development. Nigeria's renewable energy sector, especially off-grid and distributed solutions, continues to attract significant investor interest, a market the EU has actively supported since 2008. Agriculture and agribusiness are also highlighted as key areas offering strong opportunities for mutual benefit and growth between Nigeria and Europe.

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Businesses want access to markets and investment opportunities. Governments want investment capable of supporting jobs, infrastructure, and economic expansion. Investors want confidence and long-term potential.