FDI crashes to record low of $29.8m

By TheNigerian Last updated Oct 9, 2024

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Foreign Direct Investment into Nigeria in the second quarter of 2024 dropped to $29.83m, marking the lowest level ever recorded based on available data up to 2013, findings by The PUNCH showed. An analysis of data from the latest capital importation report by the National Bureau of Statistics shows that the FDI dropped by 65.33