Nigerian investors injected a total of US$103.61 million into Ghana’s economy in the first nine months of 2025, according to the Ghana Investment Promotion Centre (GIPC), highlighting a growing Nigerian footprint in the country’s investment landscape.
Investment levels were modest in the first quarter, with three projects worth just US$0.60 million, leaving Nigeria behind leading investor countries such as China.
The picture changed sharply in the second quarter, when five Nigerian-backed projects valued at about US$102.01 million were registered. This surge propelled Nigeria to the top of Ghana’s investment value rankings, ahead of all other source countries, including China and the United Arab Emirates.
Momentum slowed in the third quarter, with one additional project valued at US$1.00 million.
Overall, the figures point to Nigerian investments shifting beyond trade and retail into higher-value ventures, reflecting rising confidence in Ghana’s investment climate and Nigeria’s growing role as a key regional source of foreign direct investment.
