Nigeria attracted approximately $21 billion in capital importation during the first ten months of 2025, marking a sharp rise compared to previous years.
The figure represents a 75% increase from the $12 billion recorded in 2024 and more than a 425% jump from under $4 billion in 2023.
Minister of Industry, Trade and Investment, Mrs. Jumoke Oduwole, disclosed the figures while defending her ministry’s budget before the House Committee on Commerce on Wednesday.
She said the ministry held more than 100 bilateral investment engagements both domestically and internationally.
These included new partnerships with the UAE, Brazil, and Japan, alongside longstanding ties with the United States and the United Kingdom.
“UK investors accounted for approximately 65% of Nigeria’s foreign capital inflows in 2025,” Oduwole told lawmakers.
Trade and Export Growth
The minister also reported that Nigeria recorded a trade surplus in 2025. Total trade was valued at about ₦113 trillion in the first three quarters.
Exports grew by 11% year‑on‑year to $6.1 billion, the highest ever in both value and volume.
Capital importation covers foreign direct investment (FDI), portfolio investment, and other forms of foreign capital. The United Kingdom emerged as the leading source of these inflows.
The surge in capital inflows signals renewed investor confidence in Nigeria’s economy. It also highlights the country’s growing trade relationships with global partners.
With exports at record levels and capital importation rising, Nigeria’s economic outlook appears stronger. However, questions remain about whether this momentum can be sustained amid global financial uncertainty and domestic challenges.
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