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Nigeria now US’ second-largest trading partner in Africa with $15 billion trade in 2025

by Chinwe Godbless
July 4, 2026
in Business Scene, News
0
US criticises Nigeria for import ban on 25 goods
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The Chargé d’affaires of the US mission in Nigeria, Keith Heffern, has disclosed that Nigeria and the United States recorded nearly $15 billion in two-way trade in 2025, making Nigeria Washington’s second-largest trading partner in sub-Saharan Africa.

He disclosed this while speaking at an event in Lagos to commemorate the US 250th Independence Day celebration.

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Heffern said the US government places trade and investment at the heart of its engagement across Africa.

“In 2025, two-way trade between our countries reached nearly $15 billion, a 14 percent increase over 2024. These aren’t just numbers.

“With more than 100 US companies operating in Nigeria, they represent jobs, opportunities, and economic transformation for Americans and Nigerians.

“One of our key priorities at the US mission in Nigeria is helping US companies succeed in this market,” the envoy stated.

According to Heffern, the US has partnered with Nigeria’s ministry of industry, trade, and investment to deliver and execute a five-year memorandum of understanding (MoU) called the US-Nigerian commercial and investment partnership.

“Now in year two, this partnership is a leading example of our bilateral commercial relationship in action,” he said.

 

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