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…
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Foreign Direct Investment (FDI)
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…