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ABSTRACT
The study is on the influence of capital flight on the economic growth of Nigeria within the period of 2012 to 2022. The study adopted the ordinary least squares econometric. The outcome of the study revealed that there is a positive significant relationship between foreign direct investment outflow and economic growth in Nigeria. Also, there is a negative significant relationship between foreign portfolio investment and economic growth in Nigeria. Furthermore, there is a positive insignificant relationship between foreign reserve and economic growths in Nigeria. Finally, there is a positive insignificant relationship between foreign remittance and economic growth in Nigeria. The study however recommends that Short- and long-term measures to enhance foreign direct investments should be supported because they have a favorable, considerable impact on Nigeria's economic development. In addition, it is strongly advised that the government and monetary authorities work to enhance foreign reserves as this will provide the necessary momentum to boost the nation's economic growth. Government and its representatives must be serious and committed to this shift in attitude.
