Nigeria Records $21bn Capital Inflow, Up 75% in 2025

Nigeria witnessed a remarkable increase in capital importation during the first ten months of 2025, totaling approximately $21 billion, representing a 75% rise from the $12 billion recorded in the same period in 2024. This figure also reflects a dramatic increase of over 425% compared to under $4 billion in 2023.

The Minister of Industry, Trade and Investment, Mrs. Jumoke Oduwole, revealed these figures during a budget defence session before the House Committee on Commerce. She noted that the surge underscores growing investor confidence in Nigeria, with the United Kingdom alone accounting for about 65% of the foreign capital inflows.

Mrs. Oduwole highlighted that the ministry conducted more than 100 bilateral investment engagements within Nigeria and internationally, strengthening relationships with countries such as the UAE, Brazil, Japan, the United States, and the United Kingdom. These efforts have broadened the country’s investment base while maintaining strong ties with long-term partners.

On trade, the minister disclosed that Nigeria recorded a trade surplus in 2025, with total trade valued at approximately ₦113 trillion during the first three quarters. Exports grew 11% year-on-year to $6.1 billion, marking the highest-ever export value and volume in the country’s history.

According to Mrs. Oduwole, the growth in capital importation includes foreign direct investment (FDI), portfolio investments, and other forms of foreign investment, indicating a diversified inflow that supports Nigeria’s economic expansion. She reiterated that the UK remains the leading source of these investments, followed by other strategic partners, demonstrating the country’s attractiveness to global investors.