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Nigeria News

Diaspora investors look beyond property in Lagos

Small manufacturing and creative ventures are attracting Nigerians abroad who want a closer connection to local growth.

By Tunde Afolabi · 30 August 2026 at 16:15
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Diaspora investors look beyond property in Lagos

The Lagos skyline. Photograph: Unsplash

Property has long dominated conversations about diaspora investment, but founders in Lagos say attention is beginning to widen.

Investors are exploring food processing, logistics and film production, often starting with smaller amounts and stronger local partnerships.

The risks remain real, from currency swings to uneven infrastructure.

Experienced operators recommend patient capital, independent due diligence and expectations grounded in local conditions.