Nigeria’s foreign direct investments (FDI) are anticipated to grow in 2025 if economic reforms are upheld, as reported by Cordros Securities Limited. The report, titled ‘Nigeria in 2025, Reform to Recovery, Navigating the Rebound,’ highlights that institutional weaknesses and geopolitical tensions might hinder these efforts. While attractive naira yields and improved FX market efficiency from the Electronic Foreign Exchange Matching System (EFEMS) could boost inflows, geopolitics pose a risk. President Bola Ahmed Tinubu’s fuel subsidy removal and Naira floating in 2024 caused fuel prices and inflation to soar. Read more on the original source: Daily Post.
What steps do you think Nigeria should prioritize to safeguard and boost FDIs amidst prevailing challenges?
