Nigeria: Inward/ Foreign Investment

Nigeria presented 65 investment projects worth about US$78.5 billion to investors at the IMF–World Bank Annual Meetings in Bangkok on 14 October 2026. That figure is what the projects need, not money already committed, and a project that looks fundable in a pitch deck is not yet ready to build. Before any of these projects can lawfully break ground, it has to clear Nigeria’s environmental rules: an environmental impact assessment (EIA) under the EIA Act where the project is likely to significantly affect the environment, approval of that assessment, and the permits NESREA and state agencies enforce.

Licensed by Nigeria's Export Processing Zones Authority, Itana represents Africa's first digital special economic zone designed specifically for technology, finance and service businesses. Unlike traditional free zones focused on physical goods, this innovative structure offers Nigerian tech entrepreneurs an alternative to incorporating abroad, allowing them to retain value generated by local talent while still accessing global capital markets.

Nigeria's investment landscape requires navigating multiple sector-specific regulators beyond initial company incorporation. Which regulatory bodies must foreign and local investors engage across agriculture, energy...

On 16 May 2026, the Central Bank of Nigeria launched the 2026 FX Manual, marking the first comprehensive review of Nigeria's foreign exchange regulatory framework in nearly a decade.

These oversights include failing to comply with regulatory requirements, signing poorly drafted contracts, overlooking legal due diligence, and assuming that international business practices automatically apply...

Nigeria's regulatory framework for foreign-owned companies presents a complex web of compliance obligations spanning incorporation, capital requirements, immigration, taxation, and sector-specific regulations. Understanding these requirements is essential for foreign investors seeking to establish and maintain lawful business operations while accessing investment protections and incentives available under Nigerian law.

Fund repatriation plays a vital role in shaping a country's investment climate and broader economic health. For many nations, especially those reliant on foreign direct investment...

There is no doubt that the Nigeria economy has great potentials for growth and the Lagos stock exchange has outperformed many others since the onset of the Covid 19 pandemic.

ESG trends Nigeria significantly impacts foreign direct investment flows, with international investors increasingly prioritizing environmental and governance factors in their investment decisions.