Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole
Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole

February 12, (THEWILL) — Nigeria recorded $21 billion in capital inflows in the first ten months of 2025, up 75 percent from $12 billion in the same period of 2024 and more than five times the under $4 billion recorded in 2023, signalling a sustained recovery in foreign investment.

Officials at the Ministry of Industry, Trade and Investment attribute the surge to structured interventions and stronger investor confidence. Over $5 billion in bankable projects were curated across manufacturing, technology and agribusiness, creating ready channels for foreign capital.

Sector-specific deal rooms helped match investors with vetted projects and resolved 50 longstanding bottlenecks, accelerating financing closures. Nigeria also hosted its first domestic investors’ summit to unlock stalled commitments and strengthen engagement between regulators, sponsors and investors.

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Bilateral outreach further boosted inflows, with more than 100 investment meetings held with partners including the UK, US, UAE, Brazil and Japan. UK investors accounted for about 65 per cent of total inflows.

The rebound was supported by improved macroeconomic conditions, including a trade surplus, growth in non-oil exports and foreign exchange market stabilisation. Together, structured project pipelines, investment diplomacy and macro reforms delivered Nigeria’s strongest capital inflow performance in years, positioning the country to sustain momentum into 2026.

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Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.

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