Nigeria attracts $55.5 billion in foreign investment since 2019: See the top 5 countries where it came from
Despite significant economic challenges, Nigeria has managed to attract a total of $55.5 billion in foreign capital between Q1 2019 ...
Despite significant economic challenges, Nigeria has managed to attract a total of $55.5 billion in foreign capital between Q1 2019 ...
Foreign portfolio investment (FPI) outflows surged by 237% in the first quarter (Q1) of 2024 compared to the same period ...
Nigeria attracted a total of $1.57 billion in capital inflows in the first quarter of 2022, falling by 28.1% compared ...
Nigeria's annual foreign portfolio investments have recorded two consecutive years of decline, having dipped by 68.5% in 2020.
The price-fixing regime in the foreign exchange (forex) market has been a deterrent to Foreign Portfolio Investors (FPIs).
FDI in Q3 prints $414s, a 100% jump year on year in Nigeria.
The inflows of $1.46 billion represent a 12.86% increase compared to N1.29 billion received in Q2 2020.
The surge in activity level supported a strong bullish performance in the local bourse in September.
The analysis revealed that Institutional Foreign Outflow outperformed Foreign Inflow by N7.19 billion.
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.