In Six Months, Nigeria Records $362.84m FDI
Nigeria recorded $362.84m Foreign Direct Investment (FDI) in six months, figures from the National Bureau of Statistics revealed on Monday.
The NBS’ latest capital importation report stated that while $214.25m FDI was recorded in the first three months of...
Foreign Direct Investment Declined To $214.25m In Q1 – NBS
Foreign Direct Investment into the country dropped to $214.25m in the first quarter of 2020 from $257.25m in the fourth quarter of 2019.
The National Bureau of Statistics disclosed this in its report on ‘Nigerian capital...
US Firms In Nigeria Rake In N1.4trn, Contribute $1.9bn FDI In 2018
The United States (U.S.) companies operating in Nigeria are said to have generated about N1.4 trillion in 2018.
The companies during the same period also contributed about $1.19 billion through foreign direct investment (FDI)...
$25bn FDI Boosted Nigeria’s Economy After 2018 Recession – FG
The Federal Government has said the $25bn Foreign Direct Investment inflow boosted the economy after the nation exited recession in 2018.
It explained that Nigerians in the diaspora, who accounted for the highest net contribution to...
In Just Three Months, Oil Sector FDI Drops By $17.12m
Foreign Direct Investment in Nigeria’s oil sector dropped by $17.12m in the third quarter of 2018, the Nigerian Natural Resource Charter stated on Wednesday.
According to the NNRC, foreign investments in the sector plunged from $24.85m...
The Senate on Thursday passed the Bill on Nigerian Automotive Industry Development Plan, as part of efforts to transform the automotive industry. This followed the clause by clause consideration of the bill by the lawmakers during plenary in Abuja. Presenting the report, Chairman, Senate...
