
Valentine's Day sees increased spending in Nigeria as consumers seek gifts, flowers, and special treats for their loved ones.
For businesses looking to expand into new markets, Nigeria offers exciting possibilities. Although not yet classified as a developed country, it holds the position of Africa’s fourth-largest economy1, (and ranks 31st globally by GDP2.)
What’s more, its growth momentum shows no signs of slowing down. A young, tech-savvy population combined with rising internet use is driving rapid growth in the e-commerce space.
So, let’s dive into what it really takes to export to Nigeria – from understanding local consumer behavior to navigating logistics – so you can tap into the full potential of this promising market.
Nigeria has a population of over 230 million people3, making it the largest in Africa and one of the youngest worldwide4.
Nigeria’s economy, though unsettled in recent years, now has a positive outlook; it is projected to be the 15th largest economy in the world by 20505.
The internet penetration rate is set to rise to nearly 50% by 20276.
Nigeria’s e-commerce market is valued at US$9.35 billion; by 2030 this will reach US$16.83 billion, a CAGR rate of 12.4%7.
The number of online shoppers in Nigeria expected to grow to 122.5 million in 20258, making it one of Africa’s most promising e-commerce markets.
With over 80 million monthly visits9, Jumia remains Nigeria’s leading online marketplace for physical goods, far surpassing competitors in user traffic and market presence10.
Cross-border sellers aiming to enter the Nigerian market may find it more efficient to start with Amazon rather than local platforms. Amazon provides global reach, ease of setup, and payment in foreign currencies – advantages that help mitigate risks from competition, logistics complexity, and currency fluctuations.
(In million US dollars)
In Nigeria, cash is King, with many consumers opting for “cash on delivery” when buying online. However, digital wallets are the fastest-growing e-commerce payment method in the country – set to double their share from 11% in 2023 to 22% by 202712.
Valentine's Day sees increased spending in Nigeria as consumers seek gifts, flowers, and special treats for their loved ones.
During the Easter season, Nigerians buy festive items, gifts, and food. Retailers offer sales and promotions to meet the holiday demand.
During Ramadan, many Nigerians shop for new clothes, gifts, and festive foods in preparation for celebrating Eid-al-Fitr with family and friends.
Around Nigeria's Independence Day on 1st October, retailers may offer patriotic-themed promotions and discounts, enticing shoppers to celebrate the national holiday by making purchases at discounted prices.
Jumia, a major player in Nigeria's e-commerce scene, throws a massive Black Friday Festival with flash sales and discounts. It's a shopper's paradise, with deals on everything from electronics to fashion.
Every November, Nigeria joins the global Black Friday shopping frenzy. Online retailers roll out major deals and discounts, aiming to capture the attention of bargain-hungry shoppers and boost sales.
As Christmas approaches, Nigeria sees a surge in shopping as people hunt for the perfect gifts, decorations, and festive treats. Retailers join in the holiday spirit with special promotions and sales to make the season even brighter.
As Nigeria's e-commerce scene continues its rapid expansion, businesses looking to tap into this vibrant landscape must navigate unique opportunities and challenges. Whether you're considering exporting to Nigeria or expanding your existing operations, understanding the local rules, customs procedures, and consumer preferences is crucial. Read on for some practical tips to help your business thrive here.
When importing to Nigeria, you'll need to be aware of the import duty you may need to pay. These costs can range from 5% to 35%, depending on the type of goods you're bringing into the country.
Nigeria's tariff structure is based on the ECOWAS 2015-2019 Common External Tariff (CET). This framework categorizes goods into bands with different duty rates:
[Reference: 14]
So, how much is import duty in Nigeria exactly? The precise amount depends on the classification of your imported goods and their declared value.
Having your paperwork in order is essential for a smooth customs clearance and timely delivery. Typically, the documents required for importation in Nigeria include:
Beyond these essential documents, some goods might need extra permits or certifications depending on what they are and Nigeria's specific rules15. Having these in order will help you avoid delays and unexpected costs at customs.
When exporting to Nigeria, it is critical to be aware of the country’s Import Prohibition List. Before initiating any shipments, ask yourself, "What can you import into Nigeria?" Familiarize yourself with this list to ensure your goods are permitted and avoid potential complications. Some notable items on the prohibition list include:
[Reference: 16]
It's crucial to remember that this is not an exhaustive list. To ensure full compliance, be sure to consult the complete Import Prohibition List available on the Nigerian Customs Service website.
Nigeria operates within a complex regulatory environment, characterized by stringent customs procedures and import/export regulations. To successfully export to Nigeria, it's crucial to understand these requirements thoroughly.
To ensure your customers receive their orders without a hitch, it's wise to team up with a logistics provider who knows the local nuances of Nigeria's customs rules and import/export procedures.
DHL Express, with its extensive global network and deep understanding of the Nigerian market, is a trusted partner for businesses looking for smooth and efficient shipping. You’ll benefit from their local expertise on customs, paperwork, and any potential bumps in the road. This streamlines your export process, minimizes delays, and lets you focus on what you do best – growing your business.
Influencer marketing is gaining popularity in Nigeria, with social media influencers partnering with brands to promote products and drive sales. Influencers have a significant impact on consumer purchasing decisions, particularly among younger demographics. Consider using this powerful tool to create brand awareness and generate demand for your products when exporting to Nigeria.
There has been a growing trend of supporting local businesses and products, with consumers showing increased interest in purchasing locally sourced and made-in-Nigeria products. This trend is driven by a desire to promote local industries and stimulate economic growth. If you're looking to expand your business into Nigeria, consider partnering with local suppliers or manufacturers to capitalize on this trend and resonate with the local market.
Nigerian consumers are becoming mindful of sustainability and ethical practices. They're looking for brands that share their values, not just in the products they offer but also in how those products are made and shipped. This means eco-friendly practices and sustainable delivery options can be a big draw for businesses looking to make their mark in Nigeria.
DHL Express offers GoGreen Plus – a groundbreaking service that helps businesses reduce the carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel.
Navigating cross-border shipping regulations can be complex, but DHL makes it easier with MyGTS (My Global Trade Services) – a free tool designed to simplify international trade. With MyGTS, you can:
Whether you’re a first-time importer or a seasoned business, MyGTS helps you ship smarter, stay compliant, and avoid unexpected costs.
You can log in to MyGTS with your existing DHL Express account, or register for a new MyGTS account. Click below for your options.
DHL Express simplifies the process with fast, reliable shipping and expert customs support – no matter your industry. Open a DHL Express Business Account today and streamline your logistics from day one.
Apply for an account here[1] Financial Times, “Nigeria’s economy 30% bigger after GDP calculation” link
[2] World Bank, n.d. "GDP (current US$) - Nigeria."
[3] Worldometer, n.d. "Countries in Africa by Population." link
[4] Worldometer, “Population of Nigeria” link
[5] The World Count, n.d. “Population of Nigeria”
[6] Statista, December 2023, “Internet user penetration in Nigeria from 2018 to 2027.” link
[7] Mordor Intelligence, Nigeria E-commerce Market Insights
[8] FIBRE2FASHION, Aug 2022, “Nigeria's e-shoppers to rise from 76.7 mn in 2021 to 122.5 mn by 2025.”
[9 & 10] TechCabal, “Top 5 E-commerce Platforms in Nigeria” link
[11] Statista, “E-commerce consumer spending in Nigeria in 2024” link
[12 & 13] Intelpoint, “The adoption of digital wallets for e-commerce in Nigeria” link
[14] International Trade Administration, Jun 2023, “Nigeria Country Commercial Guide - Trade Barriers”
[16] Nigeria Customs Service (NCS), n.d. “Import Prohibition List.”