Nigeria’s non-oil exports rose to $9.32bn in 2025, representing a 24.93 per cent increase from the $7.46bn recorded in 2024, as the country intensified efforts to diversify export earnings and capture greater value from informal trade activities across the economy.
Data obtained from the Central Bank of Nigeria’s Q4 2025 Statistical Bulletin showed that the country’s non-oil export basket recorded broad-based growth across electricity exports, informal trade, re-exports and other non-oil products, highlighting the increasing role of non-crude sectors in Nigeria’s external trade position.
The data showed that electricity exports rose 33.72 per cent to $236.07m in 2025 from $176.54m in 2024.
Other non-oil exports, which accounted for the largest share, increased 24.13 per cent to $7.96bn from $6.42bn in the previous year. Informal trade under the informal cross-border trade statistics framework grew 29.73 per cent to $252.86m from $194.91m, while re-exports climbed 27.14 per cent to $860.54m from $676.85m.
The latest figures emerged as policymakers and development institutions intensified calls for African economies to integrate informal markets into formal economic systems to improve productivity, increase government revenue and accelerate economic growth.
