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Despite improved capital importation, Nigeria’s FDI leaves nothing to cheer

Dollar

Despite relative improvement in capital importation, Foreign Direct Investment (FDI) inflow into Africa’s largest economy is worsening, according to latest data from the National Bureau of Statistics (NBS) released yesterday. This is no thanks to poor investment climate characterised by overly stringent or impromptu government policies, bureaucratic bottlenecks for securing permits, and a weak legal…

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