Africa
Trade terms in Nigeria: what works and what catches people out
All goods imported into Nigeria must be insured with a Nigerian-registered insurer, so a foreign seller cannot provide the cover under CIF or CIP. Ad valorem duties are calculated on the CIF value.
Record last reviewed · Check a route to Nigeria →
DDP when importing into Nigeria Unverified Unverified
Can a foreign seller clear the goods and pay import taxes in this country?
Not yet verified. No official source found yet on foreign sellers acting as importer in Nigeria.
Sources: U.S. International Trade Administration (trade.gov) · last checked
CIF when importing into Nigeria Restricted / blocked ✓ Verified
Can the seller buy the cargo insurance abroad for goods going into this country?
Blocked for seller-provided cover: all imported goods must be insured by a local insurance company registered in Nigeria (trade.gov). ICC's barrier list also reports compulsory local marine cargo insurance for imports. Sell CFR/CPT and let the buyer insure locally.
Sources: U.S. International Trade Administration (trade.gov) · International Chamber of Commerce (ICC) · last checked
CIP when importing into Nigeria Restricted / blocked ✓ Verified
Can the seller buy the cargo insurance abroad for goods going into this country?
Same as CIF: imports must be insured with a Nigerian-registered insurer.
Sources: U.S. International Trade Administration (trade.gov) · International Chamber of Commerce (ICC) · last checked
EXW when exporting from Nigeria Unverified Unverified
Can a foreign buyer handle export clearance out of this country?
No EXW barrier is listed for Nigeria in ICC's January 2025 barrier tables. We have not yet checked national sources, so treat this as unverified.
Sources: International Chamber of Commerce (ICC) · last checked
FCA when exporting from Nigeria Unverified Unverified
Are there export-filing traps when the buyer arranges carriage from this country?
No FCA barrier is listed for Nigeria in ICC's January 2025 barrier tables. We have not yet checked national sources, so treat this as unverified.
Sources: International Chamber of Commerce (ICC) · last checked
FOB when exporting from Nigeria Unverified Unverified
Are there local quirks with FOB when shipping from this country?
No FOB barrier is listed for Nigeria in ICC's January 2025 barrier tables. We have not yet checked national sources, so treat this as unverified.
Sources: International Chamber of Commerce (ICC) · last checked
Key facts
- Customs valuation ✓ Verified
Ad valorem duties are calculated as a percentage of the CIF value and paid in naira on entry.
Sources: U.S. International Trade Administration (trade.gov) · last checked
Sources used on this page
- Nigeria – Customs Regulations — U.S. International Trade Administration (trade.gov)
- National regulatory barriers to the Incoterms® 2020 rules (updated January 2025) — International Chamber of Commerce (ICC)
Snapshot as of December 2024, compiled from ICC national committees. Used as a lead list: facts that rely only on this document are flagged for review until confirmed against national law.
'Needs review' means the fact relies on a secondary source (often ICC's January 2025 barrier list) or an inference we have not yet confirmed against the national law. Spotted an error or a change? Tell us.