Oil
ProvidusUnity Bank convenes exporters in Kano to boost non-oil trade
Over 200 exporters and regulators gathered in Kano for the fifth Non-Oil Export Business Forum to strengthen trade competitiveness.
Key points
- ProvidusUnity Bank hosted its fifth Non-Oil Export Business Forum in Kano, drawing over 200 participants.
- Discussions focused on trade finance, regulatory compliance, and expanding northern Nigeria's agricultural exports.
- Nigeria recorded $6.1 billion in non-oil export receipts in 2025, according to the Nigerian Export Promotion Council.
What happened
ProvidusUnity Bank brought together more than 200 exporters, industry associations, and government institutions for its fifth Non-Oil Export Business Forum in Kano. Nairametrics reported that the gathering, themed 'Driving Export Competitiveness, Trade Facilitation and Economic Facilitation,' aimed to address operational hurdles and expand international market access for Nigerian businesses.
Representatives from the Kano Chambers of Commerce and Industry, Manufacturers Association of Nigeria, and the Dawanau Market Association attended alongside regulatory bodies such as the Central Bank of Nigeria and the Nigerian Customs Service.
Why it matters
The initiative aligns with broader efforts to diversify the economy away from traditional hydrocarbon dependencies. World Bank data indicates that fuel exports accounted for 85.9 per cent of Nigeria's merchandise exports in 2025, compared to a global average of 9.5 per cent.
According to the Nigerian Export Promotion Council figures cited in the report, the country achieved $6.1 billion in non-oil export receipts in 2025, marking an 11.5 per cent increase from the previous year across 8.02 million metric tonnes of goods.
What comes next
Bank executives highlighted the necessity of tailored trade finance and enhanced compliance with international standards to sustain this growth. Stakeholders intend to leverage these collaborative platforms to unlock the agricultural and industrial potential of northern Nigeria's export value chains.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
