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FOREIGN DIRECT INVESTMENTS
The Nigerian telecommunications sector recorded $80.78 million in foreign direct investments in Q1 2025, representing a 58% decline year-on-year.
Capital importation into Nigeria witnessed a sharp decline during the eight-year administration of former President Muhammadu Buhari, despite intermittent surges in foreign portfolio investments (FPI).
The Nigerian telecom sector has seen an improvement in foreign direct investments this year as it attracted a total of $304 million in the first six months of this year.
While some nations have scaled back in their investments in Nigeria, this article features top ten countries that have ramped up their investments in the country.
The Federal Ministry of Solid Minerals Development has cautioned the Osun State Government against jeopardizing the Federal Government’s efforts to attract Foreign Direct Investments by closing down a mining site.
Nigeria’s telecommunications sector attracted a total of $64 million in Foreign Direct Investments in the third quarter of this year.
The Co-Managing Partner at Commercio Partners, Mr Stephen Osho, has said that startups in Nigeria are getting more funding because of their resilience and the size of the Nigerian market.
FG stated that Nigeria’s mining sector received over $1 billion in Foreign Direct Investment in recent times.
The National Bureau of Statistics explained that it sources Foreign Direct Investments data for states from the Central Bank of Nigeria.
In England, there’s something we say. “Being British is all about driving a German car to an Irish...
The UK Government has approved more foreign direct investments into Lagos State.
The Nigerian National Petroleum Corporation (NNPC) has disclosed that Nigeria's crude oil has exceeded the 2.3 million barrels per day benchmark as the average daily production hit 2.323 million barrels per day.