Foreign investment inflows to Nigeria triples in three months

Foreign investment inflows to Nigeria triples in three months

…rises to $3.38 billion in Q1 Foreign investment inflows to Nigeria grew to $3.38 billion in the first quarter of 2024, a 210.16 percent increase from $1.09 billion in the fourth quarter of 2023, according to the latest capital importation report on the National Bureau of Statistics (NBS). On the flip side, capital importation into Nigeria recorded 198 percent year-on-year growth from $1.13 billion in the first quarter of 2023. “Portfolio investment ranked top with $2,075.59 million, accounting for 61.48 …