Foreign Direct Investment declined by $30m in January – CBN - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The most widely read newspaper in Nigeria

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

You can get admission to schools in the Uk, US, Canada, Ireland etc at an affordable cost. DM for details

Bad governance and insecurity is the cause

Make person tag Tolu abeg

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Foreign investment in Nigerian stocks falls to N60.11bn - Punch NewspapersThe most widely read newspaper in Nigeria Baba Buhari is working n walking along
Source: MobilePunch - 🏆 8. / 63 Read more »