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Foreign Investors’ Interest In Nigeria Drops By 27.5% In Q1, 2021

Foreign Investors’ Interest In Nigeria Drops By 27.5% In Q1, 2021       Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments...

Foreign Portfolio Investment In Nigeria’s Equities Drop By 50.7%

Foreign Portfolio Investment In Nigeria’s Equities Drop By 50.7%         Foreign investors’ confidence in the Nigerian equities market has continued to wane as their participation in the market fell by a huge 50.74 percent to N20.02 billion at the end of April 2021 from N40.64 billion...

‘Foreign Investors’ Trapped $2bn Dragging Down External Reserves’

'Foreign Investors’ Trapped $2bn Dragging Down External Reserves'       The clearing of foreign portfolio investors’ funds that have been trapped in Nigeria for months on the back of foreign exchange scarcity is putting downward pressure on the country’s external reserves. The International Monetary Fund had in February...

NSE: Foreign Investors Dump N30.79bn Stocks In One Month

NSE: Foreign Investors Dump N30.79bn Stocks In One Month       Foreign portfolio investors sold Nigerian stocks valued at N30.79bn in the first month of this year, the latest data from the Nigerian Stock Exchange have shown. The NSE data also showed that the foreign inflows into the...

Foreign Investors Losing Confidence In Nigeria’s Oil Industry — Kyari

Foreign Investors Losing Confidence In Nigeria’s Oil Industry — Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s...

Kyari Decries PIB Delay, Says Foreign Investors Losing Confidence

Kyari Decries PIB Delay, Says Foreign Investors Losing Confidence       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil...