Nigeria attracted about $21 billion in capital inflows in the first ten months of 2025, marking a 75 per cent rise from the $12 billion recorded in 2024 and more than a fourfold increase from under $4 billion in 2023.
The Minister of Industry, Trade and Investment, Mrs. Jumoke Oduwole, disclosed this on Wednesday while defending her ministry’s budget before the House Committee on Commerce.
She said the growth followed extensive investment engagements, with over 100 bilateral meetings held locally and abroad to strengthen partnerships with countries such as the United Arab Emirates, Brazil and Japan, alongside traditional allies including the United States and the United Kingdom.
According to Oduwole, the UK accounted for about 65 per cent of Nigeria’s foreign capital inflows in 2025, making it the country’s largest investment source.
On trade performance, she told lawmakers that Nigeria posted a trade surplus during the year, with total trade estimated at ₦113 trillion in the first three quarters.
Exports rose by roughly 11 per cent year-on-year to $6.1 billion, the highest level recorded in both volume and value. Capital inflows into the country, she explained, comprise foreign direct investment, portfolio investments and other funding channels.
