In the first quarter of 2025, Nigeria’s foreign direct investment remained relatively low in volume, just $126.3 million, but its structure revealed a strong tilt toward equity-based participation. Equity accounted for 98.4% of the inflows, while other forms of capital played an almost negligible role.
This implies that despite the modest headline figure, foreign investors are placing their bets on ownership stakes and direct business involvement rather than temporary or debt-driven investment. While the total FDI may not match the scale of portfolio inflows, its quality suggests more stable and long-term commitment to the Nigerian economy.