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Tag Archives: Foreign Investors

Nigeria Records $85.21 Billion Net Foreign Liabilities – IMF  

Nigeria Records $85.21 Billion Net Foreign Liabilities - IMF  

Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of December 2020, the International Monetary Fund has said. From 2016, Nigeria’s foreign liabilities jumped by 42.41 per cent from $131.56bn, while foreign assets rose by 13.67 per cent from $89.87bn. Foreign assets are the …

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Foreign Investors’ Interest in Nigeria Drops by 27.5%

Foreign Investors’ Interest in Nigeria Drops by 27.5%

Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments Promotion Commission showed. The sum pledged by foreign investors in Q1 2021 is 27.5 per cent …

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