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Foreign Investments Drop to Yearly Low: NGX Report Highlights Key Trends
Key Highlights from the Report
1. Decline in Foreign Inflows
• Foreign inflow into the Nigerian Exchange (NGX) hit its lowest point of the year, plummeting to ₦11.26bn in September 2024.
• Despite...
Nigeria’s Petroleum Sector Attracts Just $5 Million in Foreign Investment for First Half of 2024
Despite government efforts to boost investment in Nigeria’s oil and gas sector, foreign capital inflows remain critically low. According to a recent report from the National Bureau of Statistics...
JP MORGAN URGES NIGERIA TO IMPLEMENT CONSISTENT POLICIES TO ATTRACT FOREIGN INVESTMENTS
JP Morgan's Advice: Jamie Dimon, Chairman and CEO of JP Morgan, emphasized that Nigeria needs consistent regulatory frameworks to attract foreign direct investments (FDIs). He highlighted that capital flows...
FOREIGN INVESTMENTS IN NIGERIAN STOCK MARKET SURGE BY 204% IN Q2 2024
Highlights:
1. Significant Growth in Foreign Investments: Foreign investments in Nigerian equities reached $150 million in Q2 2024, marking a 204% increase from $49.4 million in Q1 2024.
Year-on-year, the increase is even...
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