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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...

In Two Years, FDI Dropped By 48%

In Two Years, FDI Dropped By 48%   Foreign Direct Investment in Nigeria has dropped by $325.82m in two -year, according to data from the National Bureau of Statistics. According to capital importation reports by the NBS, in the first nine months of 2019, the FDI contributed...

Foreign Direct Investment Dipped By $30m In January – CBN

Foreign Direct Investment Dipped By $30m In January – CBN       Foreign Direct Investment dipped by 33.3 per cent which amounted to $30m in January, latest statistics obtained from the Central Bank of Nigeria revealed on Wednesday. According to figures obtained from the CBN’s January report on...

FDI Drops To $65m Over Insecurity, COVID-19 Uncertainties

FDI Drops To $65m Over Insecurity, COVID-19 Uncertainties       Foreign Direct Investment inflow to Nigeria dropped to $65m as of the end of the fourth quarter of 2020 from $780m as of the end of third quarter. Figures obtained by our correspondent from the Central Bank of...

FDI, Capital Importation’ll Remain Low Till Q3, 2021 — NECA

FDI, Capital Importation'll Remain Low Till Q3, 2021 — NECA       The Nigeria Employers’ Consultative Association (NECA) has said Foreign Direct Investment (FDI) and capital importation will remain low till the third quarter of 2021. Its Director-General, Dr Timothy Olawale, made this known in a statement in...

“Maritime Transport Policy Will Enhance FDI Inflow”

"Maritime Transport Policy Will Enhance FDI Inflow"         Minister of State for Transportation, Senator Gbemisola Saraki, says the National Maritime Transport Policy being developed by Nigeria would lead to improved Foreign Direct Investment (FDI) inflow and enhance the ability of the Nigerian maritime sector to compete...