FDI to manufacturing sector drops by 53.80% to $279.51 million in Q3
The Manufacturing sector in the third quarter of 2023 attracted a total of $279.51 million in FDIs.
Tag: FDI
News and analysis about FDI
President Tinubu’s international travels have yielded over $15 billion in FDI pledges – Mohammed Idris
The Federal Minister of Information and National Orientation, Mohammed Idris, has said that President Bola Tinubu’s international shuttles have yielded ...
Solid minerals will boost Nigeria’s economy by 50% – Dele Alake
Mr. Dele Alake, Nigeria's Minister of Solid Minerals, has announced ambitious plans to boost the country's economy by at least ...
Jitters, as new data reveals investment in Nigeria’s telecom sector is declining
Stakeholders in Nigeria’s telecom are currently worried over the continuous decline in investment in the industry.
FDI: NEPZA attracts $346.6 million since 2020
Nigeria’s Export Processing Zones Authority (NEPZA) says it has attracted the sum of $346.6 million in Foreign Direct Investments (FDI) ...
Sub-Saharan Africa could lose $10 billion in foreign investment- IMF Warns
The IMF says countries in sub-Saharan Africa are at risk of losing out on key markets if geopolitical tensions continue.
Why Nigeria plans to simplify import substation for AfCFTA – NIPC
Once Nigeria can bring investment to different sectors of the economy, reliance on loans will reduce drastically
FDIs in Nigeria’s telecoms sector hit $57.79 million in Q1 2022
Nigeria’s telecommunications sector attracted a total of $57.79 million in foreign direct investments in Q1 2022.
Nigerian banking sector attracts $15.7 billion foreign investments in 5 years
The Nigerian banking sector is one of the viable destinations for foreign investors in the country as it attracted over ...
Despite higher oil prices, external reserves fall to $40.4 billion
Nigeria's external reserve fell by 1.2% in January 2022 compared to $40.52 billion recorded as of 31st December 2021.
