Nigeria's Capital Inflows from UAE Surge 88% in 2025

Nigeria's capital importation from the United Arab Emirates increased by 87.8% to $728.81 million in 2025, up from $388.01 million in 2024, according to the National Bureau of Statistics. Between 2021 and 2025, Nigeria attracted $2.08 billion in capital from the UAE, which rose to $2.28 billion after including $194.51 million recorded in the first quarter of 2026.

The UAE Minister of State, Saeed bin Mubarak Al Hajeri, stated that the UAE invested approximately $71.32 billion in Sub-Saharan Africa during this period, emphasizing renewable energy, infrastructure, and digital innovation as priority areas. The UAE's investments aim to enhance transport networks, reduce business costs, and promote job creation across Africa.

Leye Kupoluyi, President of the Lagos Chamber of Commerce and Industry, noted that Nigeria's improving economic conditions, including rising foreign reserves and stability, could bolster its attractiveness to foreign investors.