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Report Revealed Eight States Got Zero Investment In Four Years

Report Revealed Eight States Got Zero Investment In Four Years   At least eight states failed to attract any foreign investments but piled up N194.09bn debt between 2019 and 2022. Data from the Capital Importation reports of the National Bureau of Statistics revealed that Bayelsa, Gombe, Ebonyi,...

Capital Importation Records 4th Decline To $1.06bn In Q4, 2022

Capital Importation Records 4th Decline To $1.06bn In Q4, 2022   Capital imported into the country recorded the fourth consecutive quarterly decline to $1.06 billion in the fourth quarter of 2022 (Q4’22), from $1.15 billion in Q3’22. Data from the National Bureau of Statistics (NBS) Capital importation...

Capital Importation Drops By 48% – CBN

Capital Importation Drops By 48% - CBN   Capital importation into the country for the production and manufacturing sector crashed by 48.42 per cent in 2022. Economic Confidential observed that foreign investments in manufacturing businesses in the country fell from $100.97m in January 2022 to $52.08m in...

Foreign Investment In Agric Sector Drops By 99%

Foreign Investment In Agric Sector Drops By 99%   Foreign Investment in Nigeria’s agriculture sector tumbled by 99.23 per cent from $237.83m in the fourth quarter of 2021 to $1.76m in the first quarter of 2022. This means that there was a 99.23 per cent decline within...

Capital Importation Declined To $1.57bn

Capital Importation Declined To $1.57bn   The total value of capital importation into the country declined by 28.09 per cent to about $1.57 billion in the first quarter of the year (Q1 2022) compared to $2.87 billion in the preceding quarter, according to the National Bureau...

Capital Importation Records $6.7bn, Suffers 30% Decline

Capital Importation Records $6.7bn, Suffers 30% Decline   The value of capital importation into Nigeria fell by 30.78 per cent from $9.68bn in 2020 to $6.7bn in 2021 according to data from the National Bureau of Statistics. In its ‘Nigerian Capital Importation’ report for the four quarters...