Foreign Direct Investment dipped by 33.3 per cent which amounted to $30m in January, latest statistics obtained from the Central Bank of Nigeria revealed on Wednesday.
Part of the report read, “Estimated data revealed a reduction in capital importation during the review period, reflecting the tight global financial conditions and narrowing interest rate differentials, occasioned by low yields on domestic money market instruments. “A disaggregation of capital importation by type of investment showed that inflow of Other Investments accounted for the largest share at $0.29bn, and represented 75.5 per cent of the total, followed by FDI inflow of $0.06bn, which accounted for 16.4 per cent.
Accident happened this early raining morning just after falomo bridge and all the casualties lying down helplessly under the rain, no ambulance no nothing at all, they're just there with their wounds under the rain.
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Bad governance and insecurity is the cause
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