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Nigeria’s Foreign Portfolio Records $2.08bn Shortfall In 11 Years

Nigeria’s Foreign Portfolio Records $2.08bn Shortfall In 11 Years   Nigeria’s foreign portfolio equity recorded a $2.08bn shortfall between 2010 and 2021 amid an unfavourable economic environment characterised by forex challenges and loss of investors’ confidence. According to a World Bank report titled, ‘International Debt Report 2022’...

In Q2, 32 States Fail to Attract Investment – NBS

In Q2, 32 States Fail to Attract Investment - NBS The Foreign Direct Investment data released by the National Bureau of Statistics shows that thirty-two states failed to attract capital importation in the second quarter of 2022. Of the 36 states and the Federal Capital Territory,...

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...