Nigeria, Feb. 14 -- Nigeria and the UK on Tuesday signed a new trade agreement to boost trade and investment between both countries.

Called the Enhanced Trade and Investment Partnership (ETIP), the agreement is also expected to also unlock new opportunities for UK and Nigerian businesses.

"The Enhanced Trade and Investment Partnership (ETIP) is the first the UK has signed with an African country and is designed to grow the UK and Nigeria's already thriving trading relationship, which totalled £7 billion in the year to September 2023," the British High Commission Nigeria said in a press statement on Tuesday.

The agreement was signed by the UK Secretary of State for Business and Trade, Kemi Badenoch, alongside her counterpart and N...