IMF Predicts $11.4bn Drop In Nigeria’s Portfolio Investment
The International Monetary Fund (IMF) has projected that Nigeria’s portfolio investment may decline by at least $11.4 billion this financial year, as the coronavirus disease continues to take huge toll on the nation’s economy.
In the report, the...
The total value of capital imported into Nigeria in the third quarter of 2016 was estimated to be $1,822.12 million, which represents an increase of 74.84% relative to the second quarter, and a fall of 33.70% relative to the third quarter of 2015.
In the...
A total of N168.77bn foreign capital escaped Nigeria within seven months, the foreign portfolio investment (FPI) record of the country reveals.
A document obtained by Daily Trust from the Nigeria Stock Exchange (NSE) shows that from January to July, this year, an approximated 54 per...
Nigeria’s Central Bank should impose restrictions on short-term portfolio investment flows to prevent damage caused to Africa’s biggest economy if investors exit at short notice, a member of its monetary policy committee (MPC) has said.
Chibuike Uche, an academic, said history has shown that such...
