Nigeria and Germany are set to boost their economic collaboration, emphasizing trade and investment opportunities. In 2024, the trade exchange between the two nations was significant, with Germany importing €142 million worth of goods from Nigeria.
In contrast, Germany’s exports to Nigeria totaled €84.6 million, leading to a trade deficit of €57.5 million for Germany in November. This development underscores the growing economic engagement between the two countries, likely to be further solidified through upcoming bilateral discussions and agreements.
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