Foreign Direct Investment

The total value of capital importation into Nigeria in the second quarter of this year fell by 2.40 per cent quarter-on-quarter (QoQ) to $1.54bn, from $1.57 billion reported in Q1 2022, data from the National Bureau of Statistics (NBS) has…

Manufacturers Association of Nigeria (MAN) has said that production costs have been increased to 100 per cent from 30 per cent due to the foreign exchange crisis. The association explained that the acute shortage of foreign exchange and…

Nigeria has set the race to achieve a $200 billion in foreign exchange repatriation in the next five years to boost its external reserves, address shortfalls in foreign exchange as well as improve the foreign trade deficit. A recent…

When Maria Lea Pedini-Angelini became the Captain Regent of San Marino at 26 upon her election by the country's parliament on 1 April 1981, though not technically a president, she held the highest honour and the first woman in the history…

The Small and Medium Enterprises Development Agency (SMEDAN) has called for the use of Bank Verification Number (BVN) as collateral to access micro-credits by the Micro, Small and Medium Enterprises (MSMEs). Dr Dikko Radda, SMEDAN…

Samuel Nzekwe, former President, Association of National Accountants of Nigeria (ANAN), says the poor productivity of the private sector informs the operators reliance on the country's annual budget for their operation.  He stressed the…

The National Bureau of Statistics on Wednesday released the Capital Importation report for 2018 with the economy attracting a total investment of $16.81bn during the period. The bureau in the report stated that the investment inflow of…

BARBARA BAKO, Abuja. Foreign investments may be looking for alternative destinations with the political uncertainties preceding the 2019 elections as capital importation in the second quarter of the year dropped to $5.51 billion…

Nigerian-American Chamber of Commerce (NACC) has advised the Federal Government to include infrastructure development and foreign direct investment in the agenda of President Muhammadu Buhari’s meeting with his US counterpart, Mr Donald…