Nigeria experienced a significant increase in foreign capital inflows in 2025, receiving a total of $20.98 billion during the first ten months of the year, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso reported. The inflows mark a 70% rise compared to the total recorded in 2024 and a remarkable 428% increase from the $3.9 billion recorded in 2023.
Governor Cardoso revealed the figures at the 60th Annual Bankers’ Dinner, attributing the surge to improved macroeconomic management, reforms in the foreign exchange market, and enhanced transparency within the country’s financial system. According to him, these developments have renewed investor confidence in Nigerian assets, making the country a more attractive destination for foreign capital.
While the National Bureau of Statistics (NBS) has released only the first-quarter capital importation data, the figures indicate that Nigeria attracted $5.6 billion in the initial three months of 2025. Analysts suggest that the consistent inflows throughout the year underscore growing international confidence in the nation’s economic stability and policy framework.
The increase in foreign investment is expected to support domestic economic growth, bolster foreign exchange reserves, and provide liquidity for critical sectors, further reinforcing Nigeria’s position as a key investment destination in Africa.
