Nigeria recorded about $21 billion in capital importation within the first ten months of 2025, marking a 75 per cent increase from the $12 billion recorded in 2024 and a surge of over 425 per cent compared with less than $4 billion in 2023.
The Minister of Industry, Trade and Investment, Mrs Jumoke Oduwole, disclosed this on Wednesday during the ministry’s budget defence before the House Committee on Commerce.
She said the ministry held over 100 bilateral investment engagements, both locally and internationally, strengthening economic ties with new partners such as the United Arab Emirates, Brazil and Japan, while deepening relationships with long-standing partners including the United States and the United Kingdom.
Mrs Oduwole revealed that UK investors accounted for about 65 per cent of Nigeria’s foreign capital inflows in 2025.
On trade performance, the minister told lawmakers that Nigeria posted a trade surplus in 2025, with total trade estimated at ₦113 trillion in the first three quarters of the year.
She added that exports rose by around 11 per cent year-on-year to $6.1 billion, the highest level ever recorded in both value and volume.
Capital importation into Nigeria comprises foreign direct investment, portfolio investment and other investment flows, with the United Kingdom emerging as the largest source of foreign capital in 2025.