Nigeria recorded a total capital importation of approximately $21 billion in the first ten months of 2025, representing a 75 per cent increase from the $12 billion recorded in 2024 and a more than 425 per cent rise from under $4 billion in 2023.
The Minister of Industry, Trade and Investment, Mrs. Jumoke Oduwole, disclosed this during the ministry’s budget defence before the House Committee on Commerce on Wednesday.
According to the minister, the ministry carried out more than 100 bilateral investment engagements both within Nigeria and internationally. These efforts strengthened ties with new partners such as the United Arab Emirates, Brazil and Japan, as well as long-standing strategic partners including the United States and the United Kingdom.
Mrs. Oduwole stated that investors from the United Kingdom accounted for approximately 65 per cent of Nigeria’s foreign capital inflows in 2025.
On trade and exports, she told lawmakers that Nigeria recorded a trade surplus in 2025, with total trade valued at about ₦113 trillion in the first three quarters of the year.
Exports increased by roughly 11 per cent year-on-year to $6.1 billion, marking the highest level ever recorded in both value and volume.
Capital importation into Nigeria comprises foreign direct investment (FDI), portfolio investment and other forms of investment, with the United Kingdom emerging as the leading source of inflows.
