Foreign capital inflows into Nigeria are expected to reach $23.3 billion at the end of 2025, the strongest in six years, as a steadier naira, easing inflation, and elevated fixed-income yields pull offshore investors back into Africa’s most populous economy.
Analysts at Afrinvest revised their 2025 forecast upward from $19.3 billion, citing sustained momentum into the fourth quarter. “On current momentum, FY:2025 capital inflows are tracking ahead of our initial projection. We now revise our forecast upward to $23.3 billion, which would mark the strongest annual capital importation in six years,” the firm said in a note.
The upgrade reflects “currency stability, disinflation, and attractive yield dynamics on the domestic front in Q4.”
