This research examined the impact FDI (foreign direct investments) had on
the economic growth of Nigeria between 2009 and 2018. The research was directed
using 3 research questions while the expo facto approach was utilized. The
applied data was utilized as secondary data and it was gathered from the stock
exchange of Nigeria. The collected data covered a duration of ten years and it
was analyzed using the OLS (ordinary least square) technique with the help of
E-view 9. The findings of the study showed that FDI has a considerable impact
on the labor force, inflation, and manufacturing sectors of Nigeria. The
research suggested that private sector investments with modern equipment are
needed for investing in the economy of Nigeria. Additionally, the research
suggested that Nigeria’s policy on foreign investment should aim to attract and
encourage more foreign capital inflows by proposing economic programs that
include businesses’ expansion and measures that are easier to setup.
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