Solid minerals, ESG-driven exports, and AfCFTA opportunities redefine Nigeria’s global trade landscape.
Commodity Diversification & Minerals Boom: Nigeria has been aggressively diversifying beyond oil, especially into solid minerals critical for the global energy transition. In the past two years, the government implemented mining sector reforms – streamlining licensing, restructuring regulatory agencies, and updating the legal framework – to attract investorsafrican.businessafrican.business. As a result, huge investments are flowing […]
Port upgrades, secure waters, and blue economy policies are transforming Nigeria’s maritime logistics.
Port Infrastructure Upgrades: Nigeria is addressing chronic port congestion through new deepwater ports and expansions. The flagship Lekki Deep Sea Port in Lagos became fully operational in 2023 and is West Africa’s deepest seaportcalmwatershipping.co. With 16.5 m draft and an annual capacity of 2.7 million TEUs, Lekki Port can berth ultra-large container ships (18,000+ TEU), dramatically improving […]
Nigeria’s upstream revival, refining boost, and gas-led transition shape the future of African energy.
Upstream Investments & Policy Reforms: Nigeria emerged as Africa’s top destination for upstream oil & gas investment in 2024 after rolling out investor-friendly policies. The government introduced tax incentives to spur up to $10 billion in natural gas projects (e.g. reducing taxes and extending capital allowances for deepwater gas), alongside directives to cut contracting costs and […]
Nigeria’s Commodities Outlook: New Regional Fuel Index & Super-Cycle Trends
In Nigeria, reforms in the trading and commodities arena have aimed to increase market transparency and regional influence. A notable development came in July 2025, when Nigeria partnered with S&P Global Commodity Insights to launch a West African petroleum products price indexreuters.com. Announced at a conference in Abuja, this initiative will create localized pricing benchmarks […]
Nigeria’s Maritime Transformation: Port Digitization & Green Shipping Initiatives
Nigeria is pushing major reforms and innovations in its marine logistics and port operations. In October 2025, the federal government announced that a long-planned National Single Window system for ports is nearing implementationstatehouse.gov.ng. This digital one-stop platform – slated to go live by early 2026 – will integrate all port agencies to streamline cargo documentation […]