Headlines
US Imports $1.34bn Nigerian Crude Oil in Five Months Despite Trump Tariffs
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.
Data from the U.S. Census Bureau and Bureau of Economic Analysis showed that the U.S. purchased 17.39 million barrels of Nigerian crude in the five-month period, with oil exports continuing to dominate bilateral trade even as volumes declined from the same period last year.
This reflects a 12.7% year-on-year drop in volume and an 11.8% decline in value, highlighting changing dynamics in the U.S. oil market, including increased domestic output and shifting sourcing preferences.
Nigeria accounts for 62% of U.S. crude imports from Africa
Nevertheless, Nigerian crude still accounted for more than 62% of U.S. crude imports from Africa, far ahead of Libya, Angola, and Ghana, whose combined exports to the U.S. totaled $811 million during the same period.
In May 2025 alone, Nigeria exported 4.2 million barrels of crude to the U.S., valued at $311 million, down from $368 million in April. Customs and C.I.F. (Cost, Insurance, and Freight) data showed similar figures, with Nigeria’s oil exports to the U.S. recorded at $1.34 billion and $1.38 billion, respectively, reaffirming its role in transatlantic energy trade.
However, while crude shipments remained relatively stable, Nigeria’s overall export performance to the U.S. is weakening under the weight of America’s new trade policies.
Nigeria’s trade surplus wiped out as U.S. exports surge
Total U.S. imports from Nigeria fell to $2.12 billion in the first five months of 2025, compared to $2.65 billion in the same period of 2024, a drop of $527 million, or nearly 20%.
This contraction follows an executive order signed by U.S. President Donald Trump in April imposing a flat 10% import tariff on most countries. Nigeria was subject to an even higher 14% tariff, having previously run a significant trade surplus with the U.S.
Although crude oil, a strategic commodity, was exempted from the tariff regime, Nigeria’s non-oil exports have been severely impacted. Key sectors such as agriculture and manufacturing have seen reduced demand from American buyers. In May 2025, total U.S. imports from Nigeria stood at $400 million, down from $517 million in the same month of 2024.
While Nigerian exports have declined, American exports to Nigeria have surged, up 17.8% year-on-year. Between January and May 2025, the U.S. exported goods worth $2.42 billion to Nigeria, compared to $2.05 billion in the same period of 2024. This shift has reversed the trade balance between the nations.
Whereas Nigeria posted a $596 million surplus in the first five months of 2024, the U.S. recorded a $295 million surplus by May 2025. In May alone, America exported $515 million worth of goods to Nigeria, while imports from Nigeria stood at $400 million, giving the U.S. a monthly trade surplus of $115 million.
One of the major drivers of this turnaround is the U.S. automobile sector. Exports of motor vehicles and parts to Nigeria reached $426 million in the first five months of 2025, including $312 million in passenger vehicles, $29 million in trucks and buses, and $86 million in spare parts. These figures reflect both Nigeria’s growing appetite for automobiles and the increasing reliance on American suppliers for high-value manufactured goods.
Egypt and South Africa top African traders to the US
Nigeria’s broader trade relationship with the U.S. appears to be losing steam. The country now accounts for just 10.8% of U.S. imports from Africa and 14.8% of exports to the continent, both figures down slightly from the previous year.
Egypt has overtaken Nigeria as America’s leading African export destination, with U.S. exports to Egypt jumping by 76% year-on-year to $3.43 billion. Meanwhile, South Africa remains dominant on the import side, with the U.S. importing $8.67 billion worth of South African goods between January and May 2025, more than four times the volume of Nigerian exports.
With Nigeria’s total trade volume with the U.S. now standing at $4.54 billion, the country trails Egypt and South Africa, raising questions about its long-term competitiveness in U.S.–Africa trade relations.
As global supply chains evolve and protectionist policies reshape international commerce, Nigeria’s dependence on crude oil and limited diversification may continue to weigh on its position in the American market.
In the corresponding period of 2024, the U.S. had imported 20.4 million barrels of Nigerian crude worth $1.52 billion.
Source: Nairametrics
Cameroon ’s top court on Monday declared incumbent Paul Biya, the world’s oldest president, the winner of the Oct. 12 election. Clashes with security forces left at least four protesters dead ahead of the announcement as opposition supporters rallied to demand credible results.
Biya, 92, has led the central African nation since 1982. The Constitutional Council said he received 53.66% of votes while former ally-turned-challenger Issa Tchiroma Bakary got 35.19%. The turnout was 57.7%.
In a social media post after the declaration, Tchiroma said that there was gunfire directed at civilians and two people were shot dead in his hometown in Garoua.
He said: “Toll of their attack: two dead. I wonder what will be said this time? Shooting point-blank at your own brothers — I can’t help but wonder if you’re mercenaries. Kill me if you want, but I will liberate this country by any means necessary. What blatant impunity.”
The four protesters were shot dead in Douala, the economic capital, on Sunday, as hundreds of people stormed streets in several cities. Tchiroma had claimed victory days before Monday’s announcement, citing results he said were collated by his party. Biya dismissed the claim.
According to Samuel Dieudonne Ivaha Diboua, governor of the Littoral Region that includes Douala, several members of the security forces were injured by protesters. He said at least 105 protesters were arrested.
Dozens of opposition supporters, activists and leaders have been arrested in recent days. Paul Atanga Nji, minister of territorial administration, said on Saturday the government arrested several people plotting violent attacks.
One protester, Oumarou Bouba, a 27-year-old trader in Maroua, said: “I am ready to stake my life to defend my vote. I voted for Tchiroma because I want change.”
Following the announcement of the results, Sani Aladji, a 28-year-old who works in a hotel in Maroua, said: “Nothing will change. I expected that Issa Tchiroma would bring change, which is why I voted for him. There’s rampant corruption under Biya’s regime. We are tired of that. We don’t have roads.”
Biya has ruled Cameroon longer than most of its citizens have been alive. Over 70% of the country’s almost 30 million population is below 35. The election has been the latest dramatic example of tension between Africa’s youth and the continent’s many aging leaders.
He first came to power in 1982 following the resignation of Cameroon’s first president and has ruled the country since then, later benefiting from a constitutional amendment that abolished term limits.
Critics accuse Biya of leading Cameroon from a period of relative stability into one of crisis and conflict. The country in recent years has faced attacks by Boko Haram militants in the north and a secessionist insurgency in the country’s English-speaking North West and South West regions.
That crisis, triggered by the government’s attempts to impose French in English-speaking schools and courts, has killed nearly 7,000 people, displaced more than one million more internally and sent thousands fleeing to neighboring Nigeria.
Despite Cameroon being an oil-producing country that is experiencing modest economic growth, young people say the benefits have not trickled down beyond the elites. According to World Bank data, the unemployment rate stands at 3.5%, but 57% of the labor force aged 18 to 35 works in informal employment.
“Many young people across the country and in the diaspora had hoped for change, but that their hopes have been dashed. It feels like a missed opportunity,” said Dr Emile Sunjo, a senior lecturer in international relations at the University of Buea. “Cameroon could potentially slide into anarchy.”
Source: AP
There was mild drama in court on Monday as detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, declined opening his defence against the seven-count terrorism-related charge the Federal Government preferred against him, saying categorically that there’s “no case against me”.
Kanu, who elected to defend himself after he disengaged his team of lawyers, adduced reasons before the Federal High Court in Abuja, why he would not open his defence to the charge.
Addressing the court from the dock, the IPOB leader maintained that after going through the case file, he discovered that there is no valid charge to warrant his defence.
He contended that since he had been subjected to an unlawful trial based on an invalid charge, there would be no need for him to offer any explanations or defend himself through the evidence of witnesses.
“Join me in praising God. I have gone through my case file, and there is no charge against me,” he started.
“There is no extant law in this country upon which the prosecution can predicate the charges against me. If there’s any, let my Lord read it out to me.
“So, I should not enter any defence in a charge that does not exist under any law in Nigeria. I urge you to release me today or grant me bail.”
Consequently, he shelved his initial request for the court to issue summons to compel certain persons to appear as his witnesses in the case.
Kanu, who has been in detention since 2021, had in a motion he personally signed and filed before the court, named several individuals that included serving Governors, Ministers, ex-Governors and Security Chiefs, among the 23 persons he intends to produce as his witnesses.
Describing them as vital and compellable witnesses in his case, Kanu, urged the court to grant him a 90-day period to enable him to open and conclude his defence.
He argued that expanding the initial six-day period the court gave for him to conclude his defence has become necessary in view of the number and status of the witnesses he intends to produce to give evidence in the case.
Among the proposed witnesses in the principal list he submitted before the court, included the Governor of Imo state, Hope Uzodimma; that of Lagos state, Babajide Sanwo-Olu; Minister of the Federal Capital Territory, FCT, Nyesom Wike; the immediate past Attorney General of the Federation and Minister of Justice, Abubakar Malami; as well as a former Chief of Army Staff, Gen. Tukur Buratai (rtd).
Others are the Minister of Works, Dave Umahi; the immediate past Governor of Abia State, Okezie Ikpeazu; a former Minister of Defence, Gen. Theophilus Danjuma (rtd); immediate past former Director-General of the National Intelligence Agency, NIA, Ahmed Rufai Abubakar; as well as the former Director-General of the Department of State Services, DSS, Yusuf Bichi.
In the motion dated October 21 and marked: FHC/ABJ/CR/383/2015, Kanu equally hinted that he would call other persons whose names were not on the list he submitted.
However, he ditched the plan on Monday, a development that led the court to adjourn the matter till November 4, 5 and 6 for the adoption of final written addresses.
Before the case was adjourned however, trial Justice James Omotosho implored the IPOB leader to consult experts in criminal law to explain the consequences of his decision.
It will be recalled that the court had earlier rejected a no-case-submission that Kanu filed to be discharged and acquitted.
The court dismissed his contention that the totality of evidence the prosecution tendered in the matter failed to establish a prima facie case against him.
Kanu argued that the five witnesses FG brought to testify before the court failed to prove that he committed any offence that is known to law.
Former US Vice President Kamala Harris said in a British television interview previewed Saturday that she may “possibly” run again to be president.
Harris, who replaced Joe Biden as the 2024 Democratic presidential candidate but lost to Donald Trump, told the BBC that she had not yet decided whether to make another White House bid.
But the 61-year-old insisted she was “not done” in American politics and that her young grandnieces would see a female president in the Oval Office “in their lifetime, for sure”.
“I have lived my entire career a life of service, and it’s in my bones, and there are many ways to serve,” Harris told the British broadcaster in an interview set to air in full on Sunday.
“I’ve not decided yet what I will do in the future, beyond what I am doing right now.”
The comments are the strongest hint yet that Harris could attempt to be the Democratic Party nominee for the 2028 election.
The interview follows the release of her memoir last month in which she argued it had been “recklessness” to let Biden run for a second term as president.
She also accused his White House team of failing to support her while she was his deputy, and at times of actively hindering her.
