Nigeria

GDP (US$) $481.1 billion, 2015
Population, 182.2 million, 2015
Source: World Bank data

Nigeria flagNigeria boasts West Africa’s largest economy, characterized by strong growth in the past few years, making it an attractive market for regional products and considerable business expansion. However, inadequate power supplies, severe poverty rates and chronic corruption hobble the country’s potential. The West Africa Trade Hub is working in Nigeria to improve private sector capacity in targeted value chains—livestock and cereals for regional trade; shea and mango for global trade—with support from the AGOA Trade Resource Center in Abuja, which informs exporters about trading regulations and requirements regionally as well as to the U.S. and globally.

In Nigeria, the Trade Hub partners with the national government and private sector organizations like the Nigeria Export Promotion Council (NEPC) and regional governmental bodies like Economic Community of West Africa States (ECOWAS), which is headquartered in Abuja. Through its financial advisors network and agreements with financial institutions, the Trade Hub is developing in-country and regional capacity to help firms access finance and investment. The Trade Hub also partners with the Borderless Alliance and others in Nigeria to give truckers and others a resource for getting import, export and transit information—and a channel for reporting bribe requests and obstacles.

Download the country profile for Nigeria.

Nigeria News

  • Pre-MAGIC, Trade Hub workshop on trade show preparation for Nigerian apparel makers

    August 14, 2017
    Seven Nigerian apparel producers attending this week’s Sourcing at MAGIC show in Las Vegas learned how to get the most out of international trade shows during a one-day training organized by the Trade Hub and the Nigerian Export Promotion Council (NEPC). Four of the firms—Tiskies, Ruff n Tumble, Crown Natures and One Stop Celebration (OSC)—are among ...
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  • Cashew data collectors recommend improvements to ACA’s market information service

    August 14, 2017
    An African Cashew Alliance (ACA) workshop in early August gathered information from market analysts and data collectors from nine ACA member countries to guide improvements and boost use of its Market Information System (MIS). The August 1-3 workshop in Ouagadougou, Burkina Faso—organized by the African Cashew Alliance with Trade Hub support — will inform a ...
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  • Nigerian customs learn AGOA export procedures

    August 8, 2017
    More than 40 Nigerian customs officers learned standard operating procedures under the U.S. African Growth and Opportunity Act (AGOA) at a two-day workshop in the country’s commercial capital, Lagos. During the August 3-4 workshop, Trade Hub-hired U.S. customs lawyer Ms. Jan Forest and Senior AGOA Specialist Dr. Mohamed Abou iiana explained step-by-step procedures for compliance with ...
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  • Growth financing approved for Nigerian agro-processors

    August 8, 2017
    Three Nigerian agro-processors of various sizes have new bank financing totaling Naira 421,706,825 (about $1.35m) for equipment and working capital, thanks to facilitation by the Trade Hub and its financial advisors’ network. Leading cereals processor Graceco Limited received a N350 million (about $1 million) debt facility from the Bank of Industry and Access Bank to finance ...
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  • New ATRC grantees learn the ropes to promote AGOA advantages

    July 31, 2017
    Coordinators from five African Growth and Opportunity Act (AGOA) Trade Resource Centers—Guinea, Liberia, Nigeria, Sierra Leone, and Togo—attended a two-day capacity building workshop from July 24-25 in Accra, Ghana. These ATRCs are recent recipients of Trade Hub grants, which they’ll use to organize AGOA promotional activities. These ATRCs join seven other export promotion institutions in ...
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  • Bridging apparel export gaps in Nigeria, following Trade Hub sector assessment

    July 18, 2017
    From July 5-7, the Trade Hub and the Nigerian Export Promotion Council (NEPC) brought together about 40 Nigerian apparel stakeholders to learn how to expand and enter international markets, particularly the U.S. market through the U.S. African Growth Opportunity Act (AGOA) – an  important challenge for Nigerian apparel factories, as identified in a 2016 Trade ...
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  • Trade Hub talks export requirements at food and products conference in Nigeria

    June 5, 2017
    On May 26, the Trade Hub participated in the African Foods and Products Exhibition and Conference in Lagos, Nigeria, hosted by the Nigerian American Chamber of Commerce (NACC) and attended by food producers, clothing and textiles manufacturers as well as African handcrafts producers. Dr. Okechukwu Enelamah, the Nigerian Minister of Industry, Trade, and Investment, and Mr. ...
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  • Nigeria apparel makers and customs officials learn AGOA basics for U.S. exports

    May 29, 2017
    Tiskies Global, a Nigerian apparel exporter, attempted its first shipment to the U.S. under the U.S. African Growth Opportunity Act (AGOA) on May 15. The attempt was unsuccessful due to improper export documentation. Nine days later, a Tiskies representative joined 25 other exporters and Nigerian customs officers to learn more about customs documentation requirements for ...
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  • Your packaging is your ambassador, women entrepreneurs learn at workshop

    May 3, 2017
    Thirty female entrepreneurs from Benin, Burkina Faso and Togo joined their Ghanaian counterparts to learn how to add value and better market their products at an April 25-26 workshop on proper packaging. The Trade Hub’s workshop for members of the African Women’s Entrepreneurship Program (AWEP) was also livestreamed to members in Liberia. Led by Mr. Raymond ...
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  • Nigerian American Chamber of Commerce awards plaque to Trade Hub

    April 18, 2017
    The Nigerian-American Chamber of Commerce (NACC) presented the Trade Hub with this plaque in appreciation of the project’s panel presentations during the AGOA Non-Oil Export Training with NAAC in Lagos on April 4, 2017. At the training, three experts from the Hub — Senior AGOA Specialist Mohamed Abou-iiana, Apparel Industry Specialist Emmanuel Odonkor, and Finance and ...
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  • Priming Nigerian exports under AGOA

    April 10, 2017
    Ms. Abimbola Alwaod is a Nigerian small business owner who manufactures soap, melon seed powder and crayfish powder. Ms. Alwaod has tried to export to the U.S. but has been unsuccessful. She said she lacked information on quality and standards requirements and documentation mandated by the U.S. Food and Drug Administration (FDA) and the U.S. ...
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  • Apparel manufacturers in Nigeria’s Abia State learn about AGOA

    April 4, 2017
    Abia State’s commercial capital, Aba, hosted a workshop on March 29 during which more than 150 apparel manufacturers and exporters learned about the U.S. African Growth and Opportunity Act (AGOA) and how to take advantage of the preferential trade agreement. The Nigerian government has identified Abia State as the country’s manufacturing hub, as it is home ...
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  • ACA brings stakeholders together to plan for next decade

    April 4, 2017
    The Trade Hub participated in the African Cashew Alliance (ACA)’s Cashew Stakeholders Forum held in Ghanaian capital Accra on March 29 to develop a joint vision for the growth of the sector in Africa. Organized by the ACA in collaboration with USAID/West Africa and GiZ/Competitive Cashew Initiative (ComCashew), the event presented a detailed status update of ...
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  • Trade Hub partners with Nigerian-American Chamber of Commerce to build SMEs’ business-planning skills

    March 20, 2017
    To address a chronic access to finance gap, the Trade Hub and the Nigerian-American Chamber of Commerce (NACC) organized a business-plan development workshop for 15 agribusiness small and medium enterprises (SMEs) on March 8 in Lagos, Nigeria. “One major challenge that hinders businesses’ ability to access finance in the region is poorly developed business plans that ...
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  • Trade Hub spreads the word about AGOA benefits at Global Shea Alliance annual conference

    March 20, 2017
    West African shea processors—including Zikora and Fludor from Benin, Ruby Unique Natural Premium Products from Nigeria and Charles K. Boateng from Ghana—currently export to other African countries and Europe. On March 15, the last day of the 2017 annual conference of the Global Shea Alliance in Cotonou, Benin, around 50 shea butter producers and exporters learned ...
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West Africa Trade and Investment Hub - Accra, Ghana - contact@watradehub.com
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