Nigeria’s telecommunications industry recorded a significant decline in capital importation in the first quarter of this year as total foreign investments for the quarter stood at $22 million.
Nigeria received $17.57 billion in direct diaspora remittances in 2019. According to data published by (@cenbank), remittances rose by 56.4% when it increased from $11.23 billion within the same period in 2018 to $17.57 billion in 2019.
22 states in Nigeria attracted the sum of $21.14 billion foreign investment between January and October 2019, as investors abandoned others. #Lagos #FDI
Foreign investment into Nigeria in the third quarter of 2019 dropped to $5.36 billion compared to $5.82 billion recorded in the second quarter.
Foreign Investors abandoned 27 States, as Lagos and Abuja attracted $5.8 billion
Latest data from the Central Bank of Nigeria (CBN) reveals that Nigeria's external reserve has crossed $42.7 billion...
