Oil, gas investment drives Nigeria’s FDI flows to $3.4bn in 2019

Africa’s biggest economy attracted $3.4 billion worth of Foreign Direct Investment (FDI) in 2019, buoyed by patient capital flows to the oil and gas sector, the country’s most critical sector. This is after FDI flows plunged to 13-year low in the preceding year, making the country to be overthrown by its smaller neighbour, Ghana, as…