The value of Nigeria UAE trade reached $5 billion in 2025, reflecting growing economic cooperation between Nigeria and the United Arab Emirates. The figure, disclosed by UAE Ambassador to Nigeria Salem Saeed Al-Shamsi, represents a significant increase from the $4.3 billion recorded in 2024 and highlights expanding commercial activity beyond the oil sector.
Ambassador Al-Shamsi revealed the latest trade figures during a meeting with Nigeria’s Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, in Abuja. He noted that economic relations between both countries continue to strengthen through investment, aviation, banking, and commercial partnerships.
According to the envoy, non-oil trade has become a major driver of bilateral relations. He added that if current momentum is sustained, trade volume between both countries could rise to approximately $8 billion by 2027. The growth in Nigeria UAE trade reflects increasing participation by businesses seeking opportunities in sectors such as logistics, technology, finance, manufacturing, and professional services.
One of the key developments announced during the meeting was the planned commencement of operations by First Abu Dhabi Bank in Lagos. The bank’s entry into Nigeria is expected to strengthen financial cooperation and improve access to investment financing for businesses engaged in cross-border transactions. Industry stakeholders believe the development could facilitate greater capital flows between the two economies.
Financial analysts say international banking presence often supports trade expansion by simplifying transactions and providing businesses with broader financing options. The move is considered another positive indicator of continued Nigeria UAE trade expansion and investor confidence.
The ambassador also announced that Etihad Airways is expected to commence flight operations to Abuja later this year. Improved air connectivity is regarded as a critical component of international trade and investment. Direct flight services can support tourism, business travel, cargo movement, and commercial engagement between countries.
Business leaders have consistently identified transportation links as an important factor in strengthening bilateral economic relations. The aviation expansion is expected to complement ongoing Nigeria UAE trade activities by improving accessibility for investors and entrepreneurs.
Al-Shamsi disclosed that visa-related concerns affecting Nigerian travellers have largely been addressed through diplomatic engagement between both countries.
According to him, more than 15,000 Nigerians visited the UAE within the last year following improvements in visa processing and entry procedures. Minister Odumegwu-Ojukwu welcomed the progress and noted that several issues previously affecting bilateral relations had been successfully resolved through cooperation and dialogue.
Officials believe smoother travel arrangements will further support Nigeria UAE trade by encouraging business mobility and commercial exchanges.
The meeting also highlighted ongoing efforts to implement the Comprehensive Economic Partnership Agreement signed by both countries. According to the Foreign Affairs Minister, the agreement is expected to create new opportunities for investors, businesses, professionals, and workers. The framework is designed to promote trade, facilitate investment, and strengthen economic collaboration.
Economic experts say such agreements can help reduce barriers to commerce while creating a more predictable environment for long-term business planning. The agreement is expected to serve as a major catalyst for future Nigeria UAE trade growth across multiple sectors.
The expansion of trade between Nigeria and the UAE reflects Nigeria’s broader strategy of diversifying economic activity beyond crude oil exports.
For entrepreneurs and businesses, stronger commercial ties create opportunities in finance, logistics, technology, manufacturing, agriculture, and services. Increased trade can also encourage foreign direct investment and support job creation. Analysts believe sustained growth in Nigeria UAE trade could strengthen Nigeria’s position as a leading investment destination while opening new international market opportunities for local enterprises.
