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21st Century ChronicleOct 20, 2026

Nigeria’s capital importation hits $23 billion, reserves exceed $50 billion – Oduwole

Nigeria’s industry, trade and investment minister, Jumoke Oduwole, reported that capital inflows rose to $23 billion in 2025, compared with more than $12 billion in 2024. She also said the country’s foreign exchange reserves had surpassed $50 billion. The figures point to increased international investment and stronger external financial buffers, developments relevant to businesses and diaspora investors assessing opportunities in Nigeria.

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