Nigeria Positioned as AfCFTA Hub with $3.4 Trillion Market Potential

Nigeria is positioned as a hub for the $3.4 trillion market under the African Continental Free Trade Area (AfCFTA), according to Vice President Kashim Shettima. Shettima highlighted Nigeria's improved sovereign ratings by platforms like Fitch and Moody's, signaling renewed confidence in the country's economic policies and reforms.

The Vice President emphasized Nigeria's energy transition opportunities for investors. The discussion took place at a roundtable hosted by the Business Council for International Understanding (BCIU) during the 80th Session of the United Nations General Assembly in New York City on September 22, 2025.

The upgraded outlook and stable ratings reflect positive economic developments under the Tinubu administration.