Latest Nigeria’s Foreign Direct Investment and Foreign Portfolio Investment (Updated 2018 Q2)

Nigeria’s Foreign Portfolio Investment (FPI) was $4,119.46 million for the quarter ending June 2018. This compares to Foreign Direct Investment (FDI) of $261.35 million for the same quarter ending June 2018.

This is according to data recently published by the National Bureau of Statistics (NBS).

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FDI and FPI

FPI represents capital imported into the stock or money market of an economy. Often referred to as “hot money” they are short-term capital used by foreign investors to purchase short-term investments in the target country. FDI represents foreign investments targeted at sectors of an economy such as manufacturing and services and are longer term in nature.

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