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Nigeria Celebrates Economic Breakthrough with $14 Billion Investment Surge

BS
BrightWire Staff
3 min read
#nigeria economy #foreign investment #economic growth #african development #trade exports #investor confidence #economic reform

Nigeria has achieved a remarkable milestone, attracting nearly $14 billion in foreign investment during the first nine months of 2025—surpassing the entire previous year's total. This impressive achievement reflects growing global confidence in the nation's economic reforms and bright future prospects.

Nigeria is experiencing an exciting economic transformation, with international investors showing unprecedented confidence in the West African nation's future. The country has welcomed nearly $14 billion in combined foreign portfolio and direct investment in just the first nine months of 2025, marking a spectacular turnaround that has exceeded all of 2024's investment totals.

The Federal Ministry of Industry, Trade, and Investment shared this encouraging news, highlighting how comprehensive economic reforms are creating new opportunities and attracting global attention. Foreign portfolio investment has led this remarkable recovery, reaching an impressive $12.99 billion, while foreign direct investment has shown extraordinary growth, expanding by 700 percent quarter-on-quarter in the third quarter of 2025 to reach $936 million year-to-date.

This investment boom reflects the success of President Bola Tinubu's Renewed Hope Agenda, which has introduced thoughtful reforms including foreign exchange liberalization and enhanced investor support systems. The Nigerian Exchange has even earned recognition as one of the world's top-performing stock markets, demonstrating the vibrant energy flowing through the economy.

Beyond attracting capital, Nigeria is excelling at turning investment promises into reality. The country has successfully advanced four priority projects valued at $13.7 billion, representing an impressive 25 percent conversion rate from signed agreements. This achievement showcases Nigeria's evolution from simply promoting investment opportunities to actively executing transformative projects.

Nigeria Celebrates Economic Breakthrough with $14 Billion Investment Surge

Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has been instrumental in reshaping international perceptions through strategic engagement with key economies including the United Kingdom, United States, France, United Arab Emirates, Saudi Arabia, Japan, China, and Brazil. Her dedication to building relationships and opening doors for collaboration has created tangible results for Nigeria's economy.

The government has also prioritized supporting domestic investors, recognizing them as crucial partners in national development. At Nigeria's inaugural Domestic Investors Summit in 2025, officials resolved 75 percent of investor concerns immediately, with all issues addressed within five working days—a testament to the country's commitment to creating a business-friendly environment.

Trade performance has been equally impressive, with non-oil exports growing by 21 percent to reach $12.8 billion in the first half of 2025, nearly double the original target. This growth contributed to a substantial trade surplus while showcasing the diversity of Nigeria's economy. Products ranging from cocoa and sesame seeds to cement and liquefied natural gas are finding enthusiastic international markets.

Special Economic Zones have emerged as powerful engines of prosperity, generating over $500 million in export revenues and creating more than 20,000 direct jobs. These zones are proving that strategic planning and execution can deliver both economic growth and meaningful employment opportunities.

Nigeria has also strengthened its continental leadership, playing a pivotal role in the African Continental Free Trade Area. The country earned appointment as Co-Champion of the AfCFTA Protocol on Digital Trade and became the first state party to publish a comprehensive five-year implementation review, demonstrating commitment to transparent, accountable progress.

Looking toward 2026, the ministry has expressed optimism about building on this tremendous momentum, focusing on execution and measurable impact across priority sectors. With strong foundations now in place and global confidence continuing to grow, Nigeria's economic renaissance appears poised to accelerate, bringing prosperity and opportunities to millions of citizens.

Based on reporting by Punch Nigeria

This story was written by BrightWire based on verified news reports.

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