Can Nigeria sustain foreign investment flows?

Nigeria received 3.38 billion dollars in foreign investments in the first quarter of this year recording a 210 quarter-on-quarter increase. That’s according to data from the National Bureau of Statistics Q1 2024 capital importation report which shows Portfolio Investment ranked top with 2.07 billion dollars while Foreign Direct Investment recorded the least with 119.18 million dollars. Johnson Chukwu, CEO of Cowry Asset Management joins CNBC Africa to discuss Nigeria’s drive to pool in more foreign investments and the trading outlook for the naira.
Tue, 02 Jul 2024 14:03:00 GMT

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