Nigeria records $90m FDI in one month

Nigeria records $90m FDI in one month

Nigeria records $90m FDI in one month   Nigeria recorded Foreign Direct Investment totaling $90 million in October according to figures obtained from the Central Bank of Nigeria on Wednesday. The CBN disclosed in its monthly economic report that in the review period, capital inflow declined by 71.4 per cent due to tight global financial conditions, as countries, particularly, the developed economies struggled with the second wave of the COVID-19 pandemic. Part of the report stated, “Capital importation data showed that inflow declined to $0.19bn in the review period, below…

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