President Tinubu
By Iyunade Grace
Nigeria’s Foreign Direct Investment (FDI) jumped to $720 million in Q3 2025, marking a 700% increase from $90 million in Q2 2025. This significant surge is attributed to renewed investor confidence in Nigeria’s economic direction, backed by sound monetary policy management and global credit rating agencies’ affirmation .
The Central Bank of Nigeria’s Balance of Payments Highlights report shows that Direct Investment liabilities, which capture FDI inflows, recorded $0.72 billion in Q3 2025, making it the strongest FDI quarter so far in 2025. This growth contrasts with persistent concerns over weak investor confidence, elevated macro-economic risk, and constrained capital inflows.
President Bola Tinubu attributes this growth to the administration’s reforms, stating that Nigeria is on the path to sustained growth and prosperity. The government aims to reduce inflation further and ensure reform benefits reach every Nigerian household.
The improvement in FDI inflows came during a quarter where Nigeria also reported a current account surplus of $3.42 billion, driven largely by crude oil and refined-product export earnings as well as steady diaspora remittances. Crude oil export receipts increased to $8.45 billion, while refined-product exports rose to $2.29 billion.
Nigeria’s foreign reserves also stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks. The financial account switched to a net lending position of $0.32 billion from net borrowing of $6.90 billion in Q2, indicating the country accumulated more external assets during the quarter.
The Nigerian government expects this growth momentum to continue, with a focus on consolidating gains and building a resilient, sustainable, and inclusive economy.
