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Nigeria

Federal Republic of Nigeria

Adelina Kioseva

Head of Asia, Africa, America and Australia Department

Foreign Economic Policy and International Cooperation Directorate

Ministry of Economy, Investments and Industry

Тel.: +359 2 940 7688

E-mail: a.kioseva@mi.government.bg

Nenko Marinov

Foreign Economic Policy and International Cooperation Directorate

Ministry of Economy, Investments and Industry

Тel.: + 359 2 940 7657

E-mail: n.marinov@mi.government.bg

Radina Kirkova

Foreign Economic Policy and International Cooperation Directorate

Ministry of Economy, Investments and Industry

Тel.: +359 2 940 7926

E-mail: r.kirkova@mi.government.bg

Economic relations between Bulgaria and Nigeria

  1. Trade turnover ( USD)

Year

Total turnover

Growth %

Export

Growth %

Import

Growth %

Balance

2020

44,0

16,7

33,2

-7,5

10,8

500,0

22,4

2021

36,4

-17,3

18

-45,8

18,4

70,4

-0,4

2022

43,5

19,5

35,6

97,8

7,9

-57,1

27,7

2023

24,4

-43,9

18,5

-48,0

5,9

-25,3

12,6

2024

53,1

117,6

37,1

100,5

16

171,2

21,1

2025

60,3

13,6

44,4

19,7

15,9

-0,6

28,5

  1. Nigerian investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Nigeria to Bulgaria at the end of 2025 amounted to -6.1 mln. EURO.

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