UBA's Alawuba Advocates for Stronger Nigeria-Brazil Trade

United Bank for Africa Plc, under the leadership of Group Managing Director and Chief Executive Officer Oliver Alawuba, has called for a deeper trade and investment relationship between Nigeria and Brazil. This appeal was made during the celebration of Brazil’s National Day at the Brazilian Embassy in Abuja.

Alawuba highlighted that the bilateral trade in goods between the two nations reached approximately $2.4 billion in 2025, indicating significant potential for further economic exchange. He identified agriculture, manufacturing, energy, technology, and the creative industries as critical areas for enhanced cooperation.

Alawuba also referenced the $1.1 billion Green Imperative Agricultural Mechanisation Programme, which aims to combine Brazilian agricultural technology with Nigerian enterprise to boost productivity, food security, and job creation. He noted the historical and cultural ties between Nigeria and Brazil, which could serve as a strong foundation for commercial partnerships.