Nigeria’s Foreign Portfolio Investment (FPI) is projected to soar to a record $20 billion by the end of 2025. This optimistic forecast from CFG Advisory comes even after the nation was labeled a “Country of Particular Concern” by the US administration. While equity investments have slowed, money market instruments and bonds continue to draw investors. The surge is largely attributed to the government’s bold economic reforms, including the removal of fuel subsidies and the unification of exchange rates. These policies have successfully restored macroeconomic stability, strengthened the naira, and led to improved credit ratings. However, CFG warns that addressing security concerns and sustaining fiscal discipline are critical to maintaining this positive trajectory and ensuring the gains translate into tangible improvements in citizens’ lives.
Business Day
