The United Kingdom was Nigeria’s top source of new foreign investment in 2025, contributing roughly 65% of total capital inflows, the Federal Ministry of Industry, Trade and Investment (FMITI) has revealed.
This surge followed the UK–Nigeria Enhanced Trade and Investment Partnership and a series of domestic reforms aimed at boosting investor confidence.
According to FMITI’s policy document, 2025: A Defining Year for Nigeria’s Industry, Trade and Investment, the UK accounted for major funding commitments, including $7.5 million to agricultural venture Babban Gona and $40.5 million to industrial firm Johnvent Industries.
“UK investors now account for approximately 65 percent of recent inflows, signalling growing trust in Nigeria’s transformation agenda,” the ministry stated.
The document highlights 2025 as a turning point under President Bola Tinubu’s Renewed Hope Agenda, noting that strategic policy adjustments helped position Nigeria as “open for business” amid global economic headwinds.
Rather than relying solely on promotional campaigns, FMITI’s approach focused on reducing information gaps, enhancing project visibility, and strengthening bankable investment pipelines, creating a de-risked investment portfolio exceeding $5 billion across priority sectors.
Officials also credited bilateral engagements and high-level missions to the UK and other key economies for reshaping investor perceptions and increasing Nigeria’s prominence in global investment circles.
