According to data sourced from the Nigerian Bureau of Statistics, the foreign investment inflows into Nigeria’s oil sector have dropped by 97 percent. NBS said this in its Nigerian Capital Importation Report for the second Read More
Tags :Foreign Investment
The National Bureau of Statistics has said foreign investments into Nigeria had declined by 81.46 percent ($6.91bn) in the first quarter of 2022. This is a drop from $8.49billion in the first quarter of 2019 to $1.57billion Read More
Data from the National Bureau of Statistics revealed that capital importation has dropped by $4.08bn (N1.68tn) in one year. Between January and September 2020, total capital importation amounted to $8.55bn. However, according to the latest Read More
Between January to June 2021, Nigeria’s foreign investment inflows dropped by N11.48 billion. According to the Central Bank of Nigeria (CBN) ‘Financial markets department 2021 half-year activity report’, the report revealed that foreign inflows amounted to Read More
Nigeria’s Foreign Direct Investment has dropped to $875 million in the second quarter of this year–the lowest since 2016. This is not unconnected to the consistent insecurity threat, tough policies and other important factors that Read More
The Nigerian Investment Promotion Commission has said that the investment announcements in Nigeria fell to $1.69 billion in the second quarter of this year. This is a fall from $8.41 billion in Q1 indicating a decline of Read More
Nigeria received about $8.4bn investment announcements as of 4th March 2021, out of which $5.46bn were pledged by foreign investors. This was according to the Nigerian Investment Promotion Commission, in its ‘report of investment announcements Read More
Nigeria’s total foreign trade for 2020 dropped by 10.32 percent – a 32.42 trillion naira according to a report by the National Bureau of Statistics. During this period, Nigeria’s export stood at 12.52 trillion naira while imports amounte Read More
In the fourth quarter of 2020, Nigeria’s major export and import markets were from India, Spain, the Netherlands, United States and China, the National Bureau of Statistics has said. According to the Commodity Price Indices Read More
Twenty-six states in Nigeria pulled in no foreign investment in the whole of 2020, figures released by the National Bureau of Statistics has shown. The report on capital importation captured the total foreign direct investment (FDI), Read More
