The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position as America’s top African crude supplier despite growing pressures on broader trade flows.

The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US Census Bureau and the Bureau of Economic Analysis show that US imports of Nigerian goods decreased by $527m.

Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.

The Kingdom of Saudi Arabia and the United States of America are set to sign a landmark civil nuclear energy cooperation agreement.

Three cargoes of Dangote Petroleum Refinery’s jet fuel, amounting to approximately 130 million litres, are set for export to Saudi Arabia.

Nigeria, USA Annual Trade Now $10bn   The Consul-General of the United States Consulate in Lagos, Nigeria, Will Stevens, has said that Nigeria and the US have a $10bn annual trade relationship. Steven disclosed this on Monday in Lagos while speaking at the opening ceremony of the...