xin.bz

Nigeria

Federal Republic of Nigeria

Flag of Nigeria
Region
Africa · Western Africa
Capital
Abuja
Population
237,527,782 (2025)
Government
federal presidential republic
Currency
Nigerian naira (NGN)
Official languages
English
Spoken languages
English (official), Hausa, Yoruba, Igbo (Ibo), Fulani, over 500 additional indigenous languages
Written scripts
Latin
Area
923,768 km²
Coastline
Coastal
UN member
Yes
Affiliations
African Union, ECOWAS, IMF, OIC, OPEC, WCO, WTO
Borders
Benin , Cameroon , Chad , Niger

Political stability

32 / 100

Economic stability

27 / 100

Population stability

65 / 100

0–100, higher is more stable. Political: World Bank governance score. Economic: government effectiveness, regulatory quality, and inflation proximity to 2% (World Bank). Population: stability of growth and net migration rates (World Bank).

Trade profile

Key exports
crude petroleum, natural gas, gold, fertilizers, cocoa beans (2023)
Key imports
refined petroleum, tanks and armored vehicles, wheat, plastics, cars (2023)
Natural resources
natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land
Primary route
Lagos (Apapa/Lekki) to Europe and Asia
Secondary route
Gulf of Guinea feeder and overland ECOWAS corridors

The xin.bz view

xin.bz coverage

El Niño Is Splitting Africa's Water Map — Just as the World Turns to the Continent for Food, Fertilizer, Fuel and Critical Minerals

A wetter Horn and a drier south, Southern Africa's grain and Kariba buffers, cocoa's port squeeze, Moroccan phosphate and Nigerian fuel as global substitutes, and the corridors that turn African resources into accessible supply.

Africa Is Building a Continental Trade System in Real Time: AfCFTA Moves From Treaty to Customs Gates, Payment Rails and Freight Corridors

AfCFTA's implementation era in 2026 — customs modernization, PAPSS payment expansion, the Abidjan-Lagos and Lobito corridors, and the regional manufacturing buildout reshaping intra-African trade.

The Fuel Dock Becomes the Next Shipping Chokepoint

Large-vessel bunker constraints are moving from refinery systems into global freight economics — a 218,000 b/d fuel-oil deficit, 12–15-day Singapore lead times, and the routes, industries and carriers that pay first.

Commodity Deep Dive ·

Sorghum Is the Drought-Tolerant Grain Linking Food Security to U.S.–China Feed Trade

Sorghum deep dive — the U.S. supplies 50.6% of world exports and China takes 77.6% of imports, Kansas and Texas hold 82% of the U.S. crop, and one month of Plains drought cut USDA's forecast 22%.

Trade research

Share LinkedIn X Email

xin.bz can watch Nigeria for you — email alerts when new disruptions hit. Start free

Sources: mledoze/countries (ODbL), CIA World Factbook (public domain), World Bank Open Data (CC BY-4.0), flag-icons (MIT). Stability scores are xin.bz composites of the cited World Bank indicators; routes and commodity notes are xin.bz assessments. Informational only — verify with official sources.