Nigeria’s non-oil trade volume with the United Arab Emirates has climbed to $5 billion in 2025, up from $4.3 billion recorded in 2024, signaling stronger economic cooperation and expanding bilateral relations between both countries.
The development was disclosed by the UAE Ambassador to Nigeria, Salem Saeed Al-Shamsi, during a meeting with Nigeria’s Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, in Abuja. According to the envoy, non-oil trade between both nations is projected to rise further and could reach approximately $8 billion by 2027 if current economic engagement continues.
A major highlight of the growing partnership is the planned launch of First Abu Dhabi Bank operations in Lagos, a move expected to strengthen investment flows, banking services, and cross-border commercial activities between Nigeria and the UAE. The ambassador also announced that Etihad Airways is set to commence flight operations to Abuja later this year, improving connectivity for trade, tourism, and business travel.
Another significant development is the easing of visa restrictions for Nigerian travelers. Al-Shamsi stated that previous challenges affecting visa approvals have largely been resolved, with more than 15,000 Nigerians traveling to the UAE within the past year following the policy changes.
The UAE envoy also reaffirmed his country’s support for Nigeria’s fight against terrorism, noting that the UAE has repeatedly condemned terrorist attacks in Nigeria through official statements.
Speaking during the meeting, Odumegwu-Ojukwu described the growth in trade volume as evidence of deepening diplomatic and economic cooperation. She emphasized Nigeria’s commitment to creating an enabling environment for foreign direct investment, including investments from UAE-based sovereign wealth funds and private sector investors.
The minister further noted that both countries are working toward implementing the recently signed Comprehensive Economic Partnership Agreement, which is expected to expand business opportunities, strengthen economic integration, and create new prospects for professionals and workers in both nations.
What You Need to Know
- Nigeria-UAE non-oil trade increased from $4.3 billion in 2024 to $5 billion in 2025.
- Trade volume is projected to reach about $8 billion by 2027.
- First Abu Dhabi Bank plans to begin operations in Lagos.
- Etihad Airways will commence Abuja flights later this year.
- More than 15,000 Nigerians traveled to the UAE after visa restrictions were eased.
- Both countries are advancing implementation of their Comprehensive Economic Partnership Agreement.
Implications
The expansion of trade and investment ties between Nigeria and the UAE reflects growing confidence in bilateral economic relations. Increased banking presence, improved air connectivity, and easier travel access could boost foreign investment, facilitate business expansion, and strengthen Nigeria’s position as a strategic commercial partner in the Gulf region.
Conclusion
The rise of Nigeria-UAE non-oil trade to $5 billion marks another step in the strengthening relationship between both nations. With new financial investments, aviation links, and trade agreements taking shape, the partnership is increasingly moving beyond diplomacy into long-term economic integration and commercial growth.
