Nigeria
Singapore and Nigeria's bilateral economic relations are deepening through growing trade and investment flows, as well as strong business linkages. Both countries continue to strengthen economic cooperation through the Nigeria-Singapore Bilateral Investment Treaty.
Last updated on 12 November 2026
Singapore-Nigeria Economic Relations
Singapore and Nigeria have strengthened their bilateral ties through constructive engagement and cooperation since establishing diplomatic relations on 20 April 1970. In recent years, there has also been growing interest in exploring partnerships in other key sectors.
Bilateral Agreements involving Nigeria
Nigeria-Singapore Bilateral Investment Treaty (BIT)
Signed on 27 August 2014 and entered into force on 26 August 2025, the Nigeria-Singapore Bilateral Investment Treaty (NSBIT) aims to enhance cross-border investments between Nigeria and Singapore by offering legal protections and certainty, as well as dispute resolution mechanisms.