This seminar paper is on Impact of Foreign Direct Investment in a Recessed Economy with particular reference to Nigeria. The researcher however narrowed the scope of the work to Stanbic IBTC Bank (Owerri Branch), Julius Berger Construction PLC (Uyo Branch), MTN (Owerri Branch) and Standard Chartered Bank (Aba Branch). The following were objectives of the paper (1) to determine the effects of foreign direct investment in a recessed economy; (2) to determine the extent FDI has assisted nations in recovering from recession; (3) to find out how capital market affect the operations of foreign investors; (4) to find out how government policies affect the activities of foreign investors. A survey study was adopted with 5 points Likert Scale questionnaire used for collection of data from a sample size of 302. Some of the finds were (a) FDI has a positive effect on the stock market of a recessed economy. (b) FDI increases the GDP of a nation. (c) FDI helps in quick recovery of a nation’s economy from recession. (d) Trade restriction among nations affects flow of FDI. (e) FDI has a multiple effect on economic development of a nation such as job creation, increase in government revenue etc. Also some recommendations were made as follows: (i) government should grant tax relief to FDIs so as to encourage them. (2) adequate provision of infrastructural facilities to facilitate business operation. (3) the political and economic environment should be stable to enable business to make their projections/planning.