Nigeria’s Intra-African Trade Hits $9B as Non-Oil Exports Soar
Nigeria’s trade with other African countries grew from $7.47 billion in 2024 to $9.02 billion in 2025, according to the latest Afreximbank report. The rise was driven by policy reforms, improved logistics and the African Continental Free Trade Area. Nigeria’s provisional tariff concessions introduced in April 2025 have lowered duties on key exports. Chemicals, processed foods, cement and other non-oil products recorded strong gains alongside crude oil. A dedicated air-cargo corridor to East and Southern Africa also cut costs and sped up deliveries. Afreximbank notes that these trends, coupled with higher oil output and better investor confidence, helped Nigeria achieve 4.0% GDP growth in 2025. It calls for deeper industrialisation and regional integration to sustain momentum.
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