General
The New Rules of Diversification: Nigerian Portfolios Going Global with Real Assets
For decades, Nigerian investors have navigated economic uncertainty by leaning into familiar instruments—government bonds, blue-chip equities, fixed deposits, and, when necessary, cash-heavy real estate holdings in urban centres like Lagos and Abuja. But as persistent naira depreciation, foreign exchange restrictions, and inflation continue to erode the value of localized wealth, a structural recalibration is taking place.
High-net-worth individuals and savvy middle-class earners are increasingly broadening their investment mandates—both geographically and tactically—as diversification becomes central to wealth preservation. With Nigeria absent from recent rankings of the safest countries for foreign investment, investors are reevaluating their asset geography in pursuit of long-term resilience. While domestic assets remain foundational, there’s a rising preference for tangible, globally situated real estate as a diversification hedge against currency instability and policy unpredictability at home.
The Lagos Baseline: Holding the Fort at Home
For many, Lagos remains a primary node in their portfolio matrix. The commercial capital’s mix of residential estates, commercial high-rises, and industrial land makes it a flexible yet familiar terrain. More importantly, it serves a strategic purpose: anchoring wealth in a city whose property market, though cyclical, is backed by population momentum and urban expansion.
Emerging neighbourhoods such as Ibeju-Lekki, Sangotedo, and parts of Ikeja are drawing interest from investors seeking land banking opportunities or rental yields driven by demand for mixed-use developments. Lagos real estate listings highlight the breadth of available options, ranging from high-rise condos to gated duplexes—each representing a physical hedge in an increasingly intangible economy.
Dollarization via Miami: Strategic International Real Assets
Yet for investors with greater liquidity and international access, the pivot isn’t just away from Nigeria—it’s toward the dollar. Miami, with its dual appeal as both a financial hub and a lifestyle destination, is proving magnetic.
What makes Miami compelling isn’t just its luxury condos or beachfront appeal. It’s that U.S. real estate offers a dollar-denominated refuge from the naira’s fluctuations—serving as a practical vehicle for international diversification. Additionally, for families contemplating eventual relocation, education abroad, or second citizenship programmes, these purchases function as both lifestyle enablers and capital stabilizers.
According to trends tracked across urban housing markets, buyers from emerging economies—including Nigeria—are concentrating their purchases in areas with strong rental potential and limited inventory, ensuring asset appreciation over the medium term.
Beyond the Coasts: Asset Preservation in Middle America
Interestingly, a subset of Nigerian investors is eschewing high-profile cities altogether in favour of quieter, more affordable locations that offer consistent returns. Cities across the American Midwest, such as those in Iowa, have come under the radar—not because they are flashy, but because they are stable.
In North Iowa, for example, property values remain accessible, rental demand is steady due to regional employment centres, and ownership costs are comparatively low. For Nigerian investors seeking capital preservation over speculative upside, realty options in North Iowa are offering a compelling entry point into the U.S. housing market with reduced exposure to volatility.
What’s more, ownership in such secondary markets often comes with fewer regulatory frictions, easier financing structures, and lower ongoing tax burdens—all attractive attributes when managing foreign assets from afar.
Toronto’s Pipeline Approach: Building Equity into the Future
Canada, too, has found favour among Nigerian investors—but for a different reason. In Toronto, the appeal lies not just in what exists, but in what’s coming. The city’s pre-construction ecosystem allows investors to “reserve” property in future towers or communities years in advance, often with staggered payments and no immediate mortgage burden.
This model resonates with Nigerian buyers looking to hedge against inflation over the long term. By securing a property today at a fixed price—even if delivery is 3 to 5 years out—they effectively lock in value before inflationary pressure takes its toll.
Several upcoming residential projects in Toronto are offering buyers phased payment plans and forward-booking incentives—early-access investment opportunities that align with broader diversification strategies among Nigerians planning long-term capital deployment abroad.
Additionally, as Nigeria tightens capital controls, the gradual payment model allows capital to be moved abroad legally and incrementally, avoiding the shock of a lump-sum transfer or FX squeeze.
Strategic Asset Dispersion: Beyond Bricks and Mortar
This shift toward physical international assets isn’t merely about building wealth—it’s about preserving sovereignty over it. As trust in local financial systems ebbs and inflation eats into fixed-income earnings, the desire to hold assets in politically and economically stable jurisdictions has grown stronger.
Real estate, unlike equities or mutual funds, also offers non-financial benefits: immigration pathways, educational positioning, or even strategic relocation plans. These auxiliary gains are becoming part of the investment rationale, especially for Nigerians anticipating longer-term life transitions.
Conclusion: Real Estate as the New Reserve
In many ways, today’s Nigerian investor is not just seeking yield. They’re seeking resilience. They are de-risking against monetary policy shifts, diversifying across currency zones, and positioning assets in globally relevant geographies.
Domestic holdings in Lagos will likely remain foundational. But increasingly, they are being complemented—sometimes outweighed—by targeted investments in North America’s most resilient housing corridors. Whether through speculative future builds in Toronto, turnkey units in Miami, or quiet equity compounds in North Iowa, real estate is proving itself a globally portable store of value.
In a landscape where the rules of wealth preservation are being rewritten, owning a piece of the world—literally—may be the most strategic move of all.
General
US Suspends Immigrants Visa for Nigerians, 74 Others
By Adedapo Adesanya
Nigeria is among 75 countries the US government will suspend the processing of immigrant visas for its citizens.
According to the US State Department, the citizens of the 75 countries are those whose nationals are deemed likely to require public assistance while living in the United States.
The State Department, led by Secretary Marco Rubio, said it had instructed consular officers to halt immigrant visa applications from the countries affected in accordance with a broader order issued in November that tightened rules around potential immigrants who might become “public charges” in the US.
Business Post gathered that alongside Nigeria are Afghanistan, Albania, Algeria, Antigua and Barbuda, Armenia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belize, Bhutan, Bosnia, Brazil, Burma, Cambodia, Cameroon, Cape Verde, Colombia, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, and Dominica.
Others include Egypt, Eritrea, Ethiopia, Fiji, Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Haiti, Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, Macedonia, Moldova, Mongolia, Montenegro, Morocco, Nepal, Nicaragua, Pakistan, Republic of the Congo, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Tanzania, Thailand, Togo, Tunisia, Uganda, Uruguay, Uzbekistan, and Yemen.
The suspension, which will begin on January 21, will not apply to applicants seeking non-immigrant visas, or temporary tourist or business visas.
“The Trump administration is bringing an end to the abuse of America’s immigration system by those who would extract wealth from the American people,” the department said in a statement.
“Immigrant visa processing from these 75 countries will be paused while the State Department reassess immigration processing procedures to prevent the entry of foreign nationals who would take welfare and public benefits.”
President Donald Trump’s administration has already severely restricted immigrant and non-immigrant visa processing for citizens of dozens of countries, many of them in Africa.
General
Nigeria Hires $9m American Lobby Firm to Counter Christian Genocide Claims
By Adedapo Adesanya
Nigeria has reportedly engaged the services of a Washington-based lobbying firm, DCI Group, in a $9 million contract aimed at communicating its efforts to protect Christians in Nigeria to the United States government.
According to The Africa Report, the amount appears to be a record for African lobbying in the US capital, citing documents filed with the US Department of Justice by Aster Legal, a Kaduna-based law firm, acting on behalf of National Security Adviser (NSA), Mr Nuhu Ribadu.
The agreement, signed on December 17, 2025, between Mr Oyetunji Olalekan Teslim, Managing Partner of Aster Legal, and Mr Justin Peterson, Managing Member of DCI Group, authorises the US firm to assist the Nigerian government “in communicating its actions to protect Nigerian Christian communities and maintaining US support in countering West African jihadist groups and other destabilizing elements.”
Under the terms of the contract, DCI Group will receive $750,000 monthly, amounting to $9 million over 12 months. The deal runs initially for six months, until June 30, 2026, with an automatic renewal clause for another six-month period.
A clause in the agreement also allowed either party to terminate the deal “for any reason without penalty” by giving 60 days’ advance written notice.
It was reported that on December 12, 2025, Nigeria paid DCI Group 50 per cent or $4.5 million prepayment covering the first six months of the retainership agreement. A second installment is due at the end of the initial contract period.
This comes amid recent threats by US President Donald Trump to invade the country after its redesignation of Nigeria as a “country of particular concern,” citing alleged attacks against Christian communities. However, the Nigerian government has repeatedly denied claims of a Christian genocide, insisting that violence in the country affects all regardless of their affiliations.
Following an engagement late last year, the federal government pledged to “engage with the American government through diplomatic and legal channels” to address the allegations. Since late November, the US has been conducting intelligence-gathering flights over large parts of Nigeria.
On Christmas Day, the US military launched airstrikes against Islamic State (IS) terrorist enclaves in Bauni Forest, Tangaza Local Government Area of Sokoto State, marking a significant escalation in US counterterrorism involvement in Nigeria.
On Tuesday, the US delivered critical military supplies to Nigeria to bolster the country’s operations, the US military’s Africa Command (AFRICOM) said.
General
Nigeria, UAE Seal Trade Pact, to Co-host Investopia
By Adedapo Adesanya
President Bola Tinubu has said Nigeria would co-host Investopia with the United Arab Emirates (UAE) in Lagos in February, an initiative aimed at attracting global investors and accelerating sustainable investment inflows.
President Tinubu made this announcement on the sidelines of the 2026 Abu Dhabi Sustainability Week (ADSW), where Nigeria also concluded a Comprehensive Economic Partnership Agreement (CEPA) with the UAE to deepen trade and cooperation in renewable energy, infrastructure, logistics, and digital trade.
“We warmly invite our partners to join us and help build the next chapter of sustainable and shared prosperity for Nigeria, Africa, and the world, ” President Tinubu said.
He described CEPA as a historic and strategic agreement that will also enhance cooperation in aviation, logistics, agriculture, and climate-smart infrastructure, creating enduring opportunities for the people of the two countries, stating that Investopia will bring together investors, innovators, policymakers, and business leaders to transform opportunities into commitment and ideas into investment.
Mr Tinubu told the summit that Nigeria aims to mobilise up to $30 billion annually in climate and green industrial finance as it accelerates energy transition reforms and expands nationwide electricity access.
“The foundation of every modern economy is electricity. As an emerging economy in the Global South, we understand the delicate balance between industrialisation and decarbonisation, ensuring neither is pursued at the expense of the other.
”We are calling for a fundamental shift in the global financial architecture: a move away from the restrictive requirement of sovereign guarantees, which unfairly penalise developing economies.
”Instead, the focus should be on blended finance and first-loss capital mechanisms that allow private sustainable capital flows directly into our green projects without further straining national balance sheets,” he said.
According to President Tinubu, Nigeria has strengthened its climate governance framework with the adoption of a National Carbon Market Activation Policy and the launch of a National Carbon Registry.
He explained that these measures are aimed at improving transparency and investor confidence.
Mr Tinubu highlighted the Electricity Act 2023 as a central pillar of Nigeria’s energy reforms, noting that it enables decentralised power generation and distribution to underserved communities.
He added that Nigeria’s climate investment drive includes a $500 million distributed renewable energy fund backed by the Nigeria Sovereign Investment Authority, as well as a $750 million World Bank programme expected to expand clean electricity access to more than 17.5 million people.
President Tinubu reaffirmed Nigeria’s target of net-zero emissions by 2060, under its Energy Transition Plan, while pursuing industrial growth and universal energy access.
He invited foreign investors to partner in Nigeria’s lithium and critical minerals sector, stressing that the government prioritises local processing and value addition.
President Tinubu noted that Nigeria’s ongoing economic reforms are producing tangible results, including a 21 per cent growth in non-oil exports.
”These reforms, alongside wider fiscal and monetary measures, are delivering results. Non-oil exports have grown by 21 per cent, supported by a more diversified product base. Capital importation has risen, and Nigeria now has over 50 billion dollars in investment commitments across key sectors.
”We are ready to work with partners across the world to ensure that the next era of development is not only green and inclusive, but just and enduring,” he said.
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