Foreign direct investment into Nigeria jumped sharply to $720 million in the third quarter of 2025, up from $90 million in the second quarter, marking a 700 percent increase, according to the Central Bank of Nigeria’s Balance of Payments report.
The increase also represents a 26.3 percent year-on-year rise from $570 million in Q3 2024, with FDI inflows driven by improved long-term equity participation and reinvestment of earnings.
The report shows Nigeria posted a balance-of-payments surplus of $4.6 billion and external reserves rose to $42.77 billion by the end of September, supporting foreign investor confidence in the country’s economic stability.
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While portfolio investment inflows moderated to $2.51 billion in Q3 from $5.28 billion in Q2, the higher FDI reflects renewed foreign interest, aided by FX-market reforms, fiscal and monetary policy adjustments, and strong crude oil export earnings.
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