Evaluating the market in Nigeria

We can help you get a better understanding of market activity, relationships and support to grow your business.

Business environment in Nigeria

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
  • Power
  • Telecom
  • Transportation Services

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC