Buhari vows to end insecurity in the country
President Muhammadu Buhari on Friday reassured the banditry-ravaged residents of Kaduna of the resolve of the Nigerian Armed Forces, under his watch, to crush terrorists and criminal gangs…
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Foreign Direct Investment (FDI)
Fading FDI piles pressure on FG to step up hunt for private capital
Nigeria is finding out that attracting Foreign Direct Investment (FDI) into a country that has a larger population than Egypt (102 million), Ghana (31 million), Morocco (36 million) and…
Address factors responsible for declining foreign investments
As much as Nigeria presents a huge opportunity for decent returns in virtually every sector, a number of risk factors have escalated in recent times. These factors include insecurity,…
Africa records 50% drop in FDI- EY Report
In 2020, Africa recorded its worst economic recession in 50 years, thanks to a 50 percent drop in Foreign Direct Investment (FDI), a new report by multinational professional services network…
Nigeria’s Venture capital deals now five times of FDI
Venture capital investment into Nigeria is now five times the amount of Foreign Direct Investment in Africa's biggest economy.
Venture capital investment in the country has ballooned from…
Nigeria’s investment climate suffers more blows as FDI drops to lowest in 15yrs
For a population of over 200 million people, the promise to create jobs is turning peril as Africa’s biggest economy attracts a miserly Foreign Direct Investment (FDI) inflow of $2.6 billion…
Foreign investment in Nigeria slumps 74% in Q3 2020
The total value of capital importation into Nigeria declined by 74 percent to $1.46 billion in the third quarter of 2020, the National Bureau of Statistics (NBS) said Monday.
This however…
Unfortunate turn of #ENDSARS protest to dampen FDI inflow possibilities
The unfortunate turn of events last week following the #ENDSARS protest which kicked off as a peaceful demonstration shortly after Nigeria’s independence celebration will not only weigh…
Employment, FDI panacea for youths’ restiveness, say former Nigerian leaders
Nigeria's former heads of state have unanimously agreed on employment generation, economic growth and foreign direct investment ( FDI) inflow as the panacea for youths’ restiveness in the…
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…