FG secures N20 billion FDI to boost local production of disability assistive devices in Nigeria
The Federal Government has announced the procurement of Foreign Direct Investment (FDI) amounting to N20 billion.
Tag: Foreign Direct Investment
Nigeria seeks joint protection of undersea cables across West Africa
Nigeria has called for a coordinated and multilateral approach by the West African region to protect shared telecommunications infrastructure and ...
UAE has made $97.3 billion investment pledges to Africa in last 2 years
In 2022 and 2023, the United Arab Emirates has made investment pledges totalling about $97.3 billion to Africa, this is ...
A N100m problem by Kalu Aja
The Ministry of Interior is responsible for licensing businesses in Nigeria wholly foreign-owned or joint venture owners with expatriates.
Foreign direct investment in Nigeria rises to $223.3 million in the first five months of 2022
Nigeria attracted a sum of $223.3 million as foreign direct investments (FDI) in the first five months of 2022...
Nigeria’s capital inflow drops to $6.7 billion in 2021, lowest in 5 years
Nigeria recorded a sum of $6.7 billion as capital inflows from foreign countries in 2021, dropping by 31% compared to ...
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.
Global investment flows rebound, hits $852 billion in H1 2021
Global Foreign Direct Investment (FDI) hit about $852 billion in the first half of 2021. This is an indication that ...
Foreign Investments: How Nigeria compares to its contemporaries – Egypt, Kenya, South Africa, Ghana
In the World Bank’s 2020 ease of doing business report, Nigeria ranked 131st worldwide for ease of doing business. This ...
Nigeria attracts more FDI than FPI for the first time in 4 years
FDI in Q3 prints $414s, a 100% jump year on year in Nigeria.
