Foreign Direct Investment complements domestic investment, creates new jobs opportunities and in most cases, enhance technology transfer, which of course boosts economic growth. Nigeria has attracted significant FDI over the years, as one of the economies with great demand for goods and services. Based on this, the study examines the Impact of Foreign Direct Investment and Economic Growth in Nigeria from 1980 to 2022 by employing the method of Descriptive Statistics, Johansen co-integration test and the Vector Autoregressive (VAR) Model Estimation techniques. The findings from the study reveal that the one period lag of GDPGR, FDIO, as well as FDII have a positive relationship with GDPGR equation, same with their second period lag except that of FDIO which have a negative impact. The FDII equation showed that GDPGR and FDIO as well at its own lagged variables have a positive relationship with FDII. As before only second period lag of FDIO have a negative impact on FDII. In the third equation, the one period lagged values of GDPGR, FDIO, as well as the second period lag of FDII and FDIO have a positive relationship with FDIO. While the first period lag and the second period lag of GDPGR have a negative relationship with FDIO. Therefore, the study recommends that Government should improve the investment climate in the country by addressing issues that impedes on investment like insecurity, since investment is crime shy. Make concerted efforts to ensure foreign investors and their investment are protected from internal macroeconomic shocks like inflation, and exchange rate imbalances. Also, enabling environment that attracts foreign direct investment into the productive sector of the economy as this will ensure sustainable economic growth. Furthermore, government should ensure that there is easy repatriation of profit by foreign investors.