The Nigeria Centre for Disease Control (NCDC) confirmed the death in its update on the virus on Monday.
It said the 67-year-old deceased had underlying medical issues and had been undergoing chemotherapy for cancer and only returned to the country recently.
The patient, now identified as Suleiman Achimugu, former managing director of the Petroleum Products Marketing Company (PPMC), died at 2am on Monday.
The deceased, a native of Kogi state, was said to have returned from the UK two weeks ago.
A statement from the family issued by Abubakar Achimugu said the deceased had been buried according to Islamic rites.
”He died of COVID 19 on 22/03/2020 some days after he arrived Nigeria from the UK. He was in self isolation upon his return from the UK and personally called NCDC after experiencing some discomfort that are related to COVID 19 symptoms.
”He tested positive and was promptly evacuated to the specialist hospital. He died while receiving treatment.
”We implore the general public to pray upon his soul and the recovery of infected persons .Your thoughts and prayers would be appreciated.
”Please maintain the public social distancing and restriction advice as we all walk through this very difficult time. He has since been buried according to Islamic rites. May Allah SWA have mercy on him.”
Earlier in the day, Nigeria recorded five new cases of COVID-19, bringing the total number of confirmed cases to 36.