UAE Firms Invest $375.01m in Nigeria Despite Visa Ban   Private investors from the United Arab Emirates’ investments hit $375.01m in the country since a visa ban was placed on Nigeria in October 2022. Data from the latest Capital Importation report of the National Bureau of Statistics...

'Nigeria Borrows $1.7bn to Boost FX Inflows'   Nigeria got $1.71bn in foreign loans to boost foreign exchange inflow into the country in the first nine months of 2023. Total capital importation including Foreign Direct Investment, Foreign Portfolio Investment, and others amounted to $2.82bn in the time...

FDI Drops By $471m in Five Years – NBS   Foreign Direct Investments (FDI) into Nigeria declined by $470.8m in the last five years. This followed analyses of different Capital Importation reports published by the National Bureau of Statistics (NBS). According to Investopedia, FDI is an ownership stake...

Lagos, FCT Lead in Capital Inflow, Attracting Combined $503.49m in 2023 Q3 By Zekeri Idakwo Lagos and the Federal Capital Territory (FCT) have taken the lead in capital importation in the third quarter of 2023. New data from the National Bureau of Statistics (NBS) shows that only...

Nigeria's Capital Inflow Drops to $654.65m in Q3, Lowest in a Decade By Zekeri Idakwo Nigeria's capital importation has significantly dropped in the third quarter of 2023. According to the figure released by the National Bureau of Statistics (NBS), in the third quarter of 2023, Nigeria's capital...

Nigeria's Public Debt Hits N87.91trn, Grows by 0.61% By Zekeri Idakwo Nigeria public debt has increased by 0.61 percent in the third quarter of 2023. According to the latest data from the National Bureau of Statistics (NBS), Nigeria's total public debt stock which includes external and domestic...