...As weak FDI threatens Tinubu’s $1 trillion target
Nigeria’s foreign investment is projected to surge to its highest levels in at least six years driven by higher-than-expected returns on naira yields due to the Central Bank of Nigeria (CBN)’s monetary tightening measures to lure in capital.
Total capital importation into Africa’s most populous nation is estimated to hit $19.3 billion by the end of 2025, according to research and asset management firm Afrinvest West Africa.
That’s 56.91 percent ahead of $12.
