Lagos continues to be one of Nigeria’s most attractive destinations for investment. For Nigerians living overseas who want to grow their wealth back home, the city offers several secure and rewarding opportunities.
Backed by reputable institutions and strong market trends, these investment areas have consistently proven reliable.
Here are five key sectors that are currently drawing attention from Nigerians in the diaspora:
1. Real Estate
Lagos real estate, especially in high-demand areas like Ikoyi, Lekki, and Victoria Island, remains one of the most dependable ways to build long-term wealth. The consistent rise in property values in these locations is driven by limited land and growing demand.
Developers such as Mixta Africa, LandWey Investment, and UPDC Plc offer both off-plan and fully managed property options tailored to diaspora investors. Many Nigerians abroad are increasingly purchasing real estate in Lagos as a way to secure their finances against currency fluctuations and economic uncertainties.
2. Government and Diaspora Bonds
Government-backed bonds are a great option for those who prefer safer investments. Bonds issued by the Federal Government of Nigeria—accessible through firms like Afrinvest and Chapel Hill Denham—provide fixed returns and capital preservation.
In recent years, Nigeria successfully launched its first domestic dollar bond, raising $900 million and generating strong interest from overseas investors. The Central Bank is also working on a dedicated diaspora bond, aimed at tapping into the billions sent home annually by Nigerians living abroad.
3. Treasury Bills
Treasury Bills are another low-risk option ideal for short-term investing. With flexible tenures and guaranteed returns, T-Bills are easy to access through major Nigerian banks such as Zenith Bank and Access Bank, or through investment firms like Meristem Securities.
As Nigeria looks to attract more foreign capital—including through a proposed $10 billion Diaspora Fund—Treasury Bills offer a safe way for diaspora investors to earn regular returns with minimal risk.
4. Mutual Funds
Mutual funds provide a hassle-free way for investors to have their money professionally managed. Top Nigerian firms like Stanbic IBTC Asset Management, ARM Investment Managers, and Coronation Asset Management offer diversified portfolios that include stocks, fixed income securities, and money market instruments.
These funds are especially suitable for Nigerians abroad who want to invest passively and receive periodic performance updates without needing to travel or manage investments directly.
5. Agriculture and Agritech Ventures
The agricultural sector in Lagos and its surrounding areas also presents profitable options, especially with the rise of digital platforms. Companies like Farmcrowdy, ThriveAgric, and FarmXic allow Nigerians overseas to invest in farming projects—from poultry to crop production—and monitor progress online.
Returns can range from 6 percent to 15 percent per cycle, depending on the farm type and duration. Initiatives like FarmXic’s “Farm From Anywhere” make it even easier for investors abroad to contribute to food security while generating income.
With government initiatives aimed at attracting diaspora funds and expanding financial inclusion, now is a strategic time to consider investing in Nigeria.
