Canada has a well established and growing trade relationship with Nigeria. The country represents an important trade partner for Canada in Sub-Saharan Africa. Trade is of high importance to the Nigerian economy which relies heavily upon the oil sector. A strong emphasis also exists on the infrastructure sector, which requires modernization. Nigeria's banking sector has strengthened in recent years and is among the most important in Sub-Saharan Africa. Security challenges mainly in Northern parts of Nigeria remain a concern. We see very good export and investment opportunities across a wide range of sectors that match Canadian capabilities. Nigeria is a member of the Economic Community of West Africa States -ECOWAS. Foreign exchange shortages, which had curbed economic activity, will probably ease by late 2016 following the central bank’s decision to allow the Nigerian Naira to float freely.
- Construction & Infrastructure
- Oil and Gas
- Transportation Services