Nigeria’s Push to Attract Sustainable Foreign Capital Amidst Challenges

Nigeria’s Push to Attract Sustainable Foreign Capital Amidst Challenges

Nigeria’s recent rise in foreign inflows has revived hopes that the country can once again become a major destination for long-term investment. The Central Bank of Nigeria (CBN) reports that foreign capital reached $20.98 billion in the first ten months of 2025. This is up 70 percent from the whole of 2024 and more than quadruple 2023 levels. Yet beneath these positive numbers, investors say Nigeria must still fix persistent structural problems if it wants consistent capital that actually stays.

Nigeria might, for example, look to countries in the Gulf where foreign capital remains more consistent. Qatar, in particular, has built a reputation for steady economic expansion driven by long-term planning, rapid infrastructure upgrades and strong foreign participation in sectors such as energy, logistics and finance. While some markets remain largely untapped, such as gambling, locals can explore where to play in Qatar to find safe platforms creating a circular financial system with foreign money being both invested in and spent out of the small peninsula.

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