Zenith Bank Seminar Advocates for Non-Oil Export Growth
On August 25, 2026, Zenith Bank Plc held its 10th International Trade Seminar on Non-Oil Export, themed “Unlocking Value and Harnessing Growth in Non-Oil Export.” The seminar aimed to address Nigeria's need to reduce its dependence on crude oil by enhancing its non-oil export earnings. Nigeria recorded $6.1 billion in non-oil exports in 2025, indicating progress in export diversification.
However, the seminar underscored that Nigeria must transition from exporting raw commodities to processed products to achieve sustainable economic growth. The discussion included the importance of improving domestic value addition, strengthening trade infrastructure, and leveraging opportunities from the African Continental Free Trade Area (AfCFTA).
The seminar posed critical questions about Nigeria's ability to transform its productive capacity into competitive businesses, emphasizing the financial system's role in this transition.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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