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Nigerian, Indonesian firms sign $10m business deals

Nigerian and Indonesian companies have signed business agreements worth a combined $10m to strengthen trade and economic cooperation between the two countr Read More: https://punchng.com/nigerian-indonesian-firms-sign-10m-business-deals/

Nigerian, Indonesian firms sign $10m business deals

Nigerian and Indonesian businesses have signed $10 million worth of trade and economic cooperation agreements at the 2026 Trade Expo Indonesia. Ambassador Bambang Suharto of Indonesia reported these agreements, which involved dental equipment and pharmaceutical sectors, are expected to boost bilateral relations and provide economic benefits to both nations.

The ambassador encouraged Indonesian businesses to invest in Nigeria and vice versa, highlighting the countries' large populations, available human resources, and investment potential. Nigerian investor Ralph-Michael Simon-Michael from Irad Investment Limited signed an agreement with Indonesian company PT Winn Appliance to bring domestic gas appliances to the Nigerian market, with plans to establish a factory in Indonesia and expand into other African countries.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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