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Nigeria’s FDI falls 48% to $3.3billion in 2019-UNCTAD says

Foreign Direct Investment (FDI) into Nigeria, Africa’s most populous nation, declined by 48.2 percent to $3.3 billion in 2019 from $6.4 billion in 2018, according to the United Nations Conference on Trade and Development (UNCTAD). According to the report, FDI flows to Nigeria declined due to a slowdown in investment in the oil and gas…

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