{"id":9756,"date":"2026-05-22T10:43:03","date_gmt":"2026-05-22T08:43:03","guid":{"rendered":"https:\/\/zoomafricanews.com\/?p=9756"},"modified":"2026-05-22T10:43:03","modified_gmt":"2026-05-22T08:43:03","slug":"black-gold-enhances-nigerias-oil-partnership","status":"publish","type":"post","link":"https:\/\/zoomafricanews.com\/en\/%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d8%a3%d8%b3%d9%88%d8%af-%d9%8a%d8%b9%d8%b2%d8%b2-%d8%a7%d9%84%d8%b4%d8%b1%d8%a7%d9%83%d8%a9-%d8%a7%d9%84%d9%86%d9%81%d8%b7-%d8%a7%d9%84%d9%86%d9%8a%d8%ac\/","title":{"rendered":"Black gold strengthens partnership: Nigerian oil boosts trade with Britain"},"content":{"rendered":"<p><strong>Written by Omnia Hassan<\/strong><\/p>\n<p>Crude oil continued to solidify its position as a key driver of economic relations between <a href=\"https:\/\/zoomafricanews.com\/en\/%d9%83%d9%8a%d9%86%d9%8a%d8%a7-5\/\">Nigeria <\/a>The United Kingdom, after the volume of bilateral trade between the two countries jumped to \u00a37.6 billion during 2025, is a clear indication of the continued dominance of the energy sector in trade despite increasing efforts to diversify Nigerian exports.<\/p>\n<h2>Oil tops Nigerian exports to Britain<\/h2>\n<p>Recent data from the UK Department for Business and Trade shows that crude oil remained the most prominent commodity among Nigeria&#039;s exports to the UK market, with the UK importing \u00a3719.2 million worth of crude oil last year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6229\" src=\"https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7.jpg\" alt=\"Egypt raises natural gas prices for factories amid energy price volatility\" width=\"1237\" height=\"767\" srcset=\"https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7.jpg 1237w, https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7-300x186.jpg 300w, https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7-1024x635.jpg 1024w, https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7-768x476.jpg 768w, https:\/\/zoomafricanews.com\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u062a\u0642\u0627\u0637-7-18x12.jpg 18w\" sizes=\"auto, (max-width: 1237px) 100vw, 1237px\" \/><\/p>\n<p>British demand was not limited to crude oil, but also included refined petroleum products and natural gas. Britain&#039;s imports of refined fuels amounted to about \u00a3514.3 million, in addition to \u00a3167.8 million of gas, reflecting the growing importance of Nigeria as a strategic energy supplier in light of the turmoil in global energy markets.<\/p>\n<h2>Bilateral trade grew by 10.8%<\/h2>\n<p>According to the report, total trade between the two countries increased by 10.8% compared to the previous period, equivalent to an increase of \u00a3737 million, driven mainly by the rise in Nigerian energy exports.<\/p>\n<p>Analysts believe these figures reflect Britain and European countries&#039; efforts to diversify energy sources and reduce dependence on traditional supplies, which has strengthened Nigeria&#039;s importance as the largest producer of crude oil in Africa.<\/p>\n<h2>Limited non-oil exports<\/h2>\n<p>Despite the strong performance of the energy sector, Nigerian non-oil exports to Britain remain relatively limited. Exports of agricultural goods, such as coffee, tea and cocoa, amounted to only about \u00a317.9 million, while exports of manufactured fertilizers reached \u00a317.2 million.<\/p>\n<p>These figures highlight the continued heavy reliance of the Nigerian economy on oil revenues, despite government plans to diversify income sources and boost industrial and agricultural exports.<\/p>\n<h2>Britain expands exports to Nigeria<\/h2>\n<p>In contrast, UK exports to Nigeria rose to \u00a35.5 billion in 2025, an annual increase of 10.5%, with refined petroleum products topping the list of British exports at \u00a31.1 billion, along with cleaning products, textiles and industrial machinery.<\/p>\n<p>Britain also maintained a strong trade surplus with Nigeria of \u00a33.3 billion, supported by growth in the services sector, particularly in finance, education and professional consulting, reflecting the expansion of the economic partnership between the two countries beyond traditional oil trade.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0643\u062a\u0628\u062a- \u0623\u0645\u0646\u064a\u0629 \u062d\u0633\u0646 \u0648\u0627\u0635\u0644 \u0627\u0644\u0646\u0641\u0637 \u0627\u0644\u062e\u0627\u0645 \u062a\u0631\u0633\u064a\u062e \u0645\u0643\u0627\u0646\u062a\u0647 \u0643\u0645\u062d\u0631\u0643 \u0631\u0626\u064a\u0633\u064a \u0644\u0644\u0639\u0644\u0627\u0642\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0628\u064a\u0646 \u0646\u064a\u062c\u064a\u0631\u064a\u0627 \u0648\u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629\u060c \u0628\u0639\u062f\u0645\u0627 \u0642\u0641\u0632 \u062d\u062c\u0645 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u062b\u0646\u0627\u0626\u064a\u0629 \u0628\u064a\u0646 \u0627\u0644\u0628\u0644\u062f\u064a\u0646 \u0625\u0644\u0649 7.6 \u0645\u0644\u064a\u0627\u0631 \u062c\u0646\u064a\u0647 \u0625\u0633\u062a\u0631\u0644\u064a\u0646\u064a \u062e\u0644\u0627\u0644 \u0639\u0627\u0645 2025\u060c \u0641\u064a \u0645\u0624\u0634\u0631 \u0648\u0627\u0636\u062d \u0639\u0644\u0649 \u0627\u0633\u062a\u0645\u0631\u0627\u0631 \u0647\u064a\u0645\u0646\u0629 \u0642\u0637\u0627\u0639 \u0627\u0644\u0637\u0627\u0642\u0629 \u0639\u0644\u0649 \u0627\u0644\u062a\u0628\u0627\u062f\u0644 \u0627\u0644\u062a\u062c\u0627\u0631\u064a \u0631\u063a\u0645 \u0627\u0644\u062c\u0647\u0648\u062f \u0627\u0644\u0645\u062a\u0632\u0627\u064a\u062f\u0629 \u0644\u062a\u0646\u0648\u064a\u0639 \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0646\u064a\u062c\u064a\u0631\u064a\u0629. \u0627\u0644\u0646\u0641\u0637 \u064a\u062a\u0635\u062f\u0631 \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0646\u064a\u062c\u064a\u0631\u064a\u0629 \u0625\u0644\u0649 \u0628\u0631\u064a\u0637\u0627\u0646\u064a\u0627 \u0648\u0623\u0638\u0647\u0631\u062a &hellip;<\/p>","protected":false},"author":11,"featured_media":9531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,217],"tags":[1010,1008,3794,1036,73,326],"class_list":["post-9756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa-business","category-slider","tag-1010","tag-1008","tag-3794","tag-1036","tag-73","tag-326"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u0627\u0644\u0630\u0647\u0628 \u0627\u0644\u0623\u0633\u0648\u062f \u064a\u0639\u0632\u0632 \u0627\u0644\u0634\u0631\u0627\u0643\u0629.. \u0627\u0644\u0646\u0641\u0637 \u0627\u0644\u0646\u064a\u062c\u064a\u0631\u064a \u064a\u0631\u0641\u0639 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0645\u0639 \u0628\u0631\u064a\u0637\u0627\u0646\u064a\u0627 - Zoom Africa News<\/title>\n<meta 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