Zenith Bankin further show of its support for the Nigerian agricultural sector has continued to display its commitment to the non-oil export sector of the economy,
It is generally agreed by major stakeholders Economists that the silver bullet for Nigeria’s next growth phase lies in the non-oil sector, from agriculture to solid minerals, from processed foods to digital exports etc. These are the pillars of a diversified economy that can survive oil shocks and global recessions alike.
The emerging narratives in these sectors are becoming more encouraging as the numbers are beginning to tell a new story.
In just the first quarter of 2025, Nigeria earned $1.791 billion from non-oil exports, a remarkable 24.75% increase from the same period in 2024. But behind these figures stands a quieter force, the financial architecture that powers it all.
Notably at the center of these new narratives is Zenith Bank.
Over the past five years, Zenith Bank has emerged as the single largest financial enabler of Nigeria’s non-oil export ecosystem, commanding nearly 40% of total export transaction value in the sector.
The banks influence cuts across the full spectrum of Nigeria’s non-oil exports, from solid minerals and agricultural produce to commodities, and processed foods.
Zenith Bank has been a major force in the non-oil export sector, facilitating the trade, managing foreign remittances, and ensuring compliance with international financial standards.
According to available records, in the last three years, Zenith Bank has processed over $6 billion in export remittances, establishing itself as the No. 1 Export-Remittance Bank in Nigeria.
This leadership is not coincidental; it is the result of decades of strategic investment in trade finance, risk management, and cross-border payment technology.
At a time when dollar scarcity continues to threaten macroeconomic stability, Zenith’s role has become indispensable. Every dollar remitted through Zenith isn’t just a corporate transaction; it is a contribution to the nation’s foreign exchange buffer, a breath of life for an economy under strain.
Through its Annual Non-Oil Export Seminar, the bank brings together exporters, policymakers, and regulators to explore the dynamics of global trade, logistics, and value addition. These forums have become strategic incubators for new ideas, aligning Nigeria’s private sector ambitions with the realities of international markets.Complementing this is the Zero-to-Hero Export Program, a men
