Nigeria, China trade hits $15.48bn in H1’25

The measurement of trade between Nigeria and China accrued by 34.7% to $15.48 cardinal betwixt January and July 2025 (H1’25) compared to the aforesaid play successful 2024 (H1’24). 

China’s Consul General successful Lagos, Yan Yuqing, disclosed this during a reception to people China’s 76th founding anniversary, Nigeria’s 64th independency anniversary, and the Mid-Autumn Festival.

Yuqing revealed that Nigeria is present China’s second-largest trading spouse successful Africa, and attributed the maturation successful commercialized to the upgrade of bilateral relations to a broad strategical concern during the 2024 Forum connected China-Africa Cooperation summit. 

She emphasized that practice successful areas specified arsenic infrastructure, vigor resources, trade, culture, and acquisition has been expanding, delivering tangible benefits to some nations. The envoy noted that contempt planetary economical challenges, China’s system remained resilient with a 5.3% GDP maturation successful H1’25 and continued planetary enactment successful innovation. She praised the Chinese assemblage successful Nigeria for their contributions to taste exchange, development, and charity, urging them to enactment arsenic “bridge-builders” to further fortify ties.

Yuqing besides pledged that the Consulate successful Lagos volition support protecting the payment of Chinese nationals and businesses successful Nigeria, portion ensuring businesslike services. 

She called connected the Chinese assemblage to uphold unity, lawful concern practices, and play an progressive relation successful fostering China-Nigeria cooperation, which she described arsenic being astatine its champion signifier successful past with promising prospects ahead.

The station Nigeria, China commercialized hits $15.48bn successful H1’25 appeared archetypal connected Vanguard News.