UK Investors Drive $48 Million Surge in Nigeria’s Foreign Investment in 2025

Nigeria is witnessing a significant boost in foreign investment, with UK investors emerging as the largest contributors in 2025. According to the Federal Ministry of Industry, Trade and Investment (FMITI), the United Kingdom accounted for roughly 65 percent of new capital inflows into the country, highlighting Nigeria’s growing appeal to international investors.

The surge in investment follows the activation of the UK–Nigeria Enhanced Trade and Investment Partnership, alongside domestic reforms designed to build investor confidence. FMITI emphasized that these measures signal Nigeria’s readiness to attract sustainable, long-term investment across key sectors.

Two major deals exemplify the trend: a $7.5 million funding injection into the agricultural venture Babban Gona, and a $40.5 million investment in the industrial company Johnvent Industries. FMITI described these contributions as clear evidence of rising trust in the country’s transformation agenda under President Bola Tinubu’s Renewed Hope Agenda.

Beyond promoting Nigeria as an investment destination, the ministry has adopted a proactive approach to capital attraction. By reducing information gaps, enhancing project visibility, and creating a de-risked investment pipeline worth over $5 billion, FMITI ensures that investors are supported from initial engagement to firm commitment—marking a departure from traditional models that often slow investment flows.

Officials also credit sustained bilateral engagements, including high-level missions to the UK and other global economies, for reshaping perceptions of Nigeria as a business-friendly environment. These efforts, combined with strategic domestic reforms, have positioned Nigeria as a top destination for international investors seeking growth opportunities.

source: Vanguard