Tag: FDI

Foreign Direct Investment fell in 2020 with Nigeria earning $2.6Billion

The United Nations Conference on Trade and Development (UNCTAD) has revealed that global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, with Nigeria earning $2.6billion of the global volume. According to the trade body, such a low level was[Read More…]

Foreign Direct Investments Moving To Nigeria —-Says VP Osinbajo

Nigeria’s investment projections both foreign and local are very promising, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo spoke during a press interview in Lagos after participating in the Lagos Chamber of Commerce and Industry’s Presidential Policy Dialogue on Thursday. Below are excerpts from the interview in Q &[Read More…]

Nigeria Among Top 3 Foreign Direct Investment Hub In Africa

Nigeria remains one of the top three destinations for Foreign Direct Investment, FDI, in Africa, despite current challenges, the United Nations Conference on Trade and Development, UNCTAD, has said. UNCTAD said this just as the United Nations Industrial Development Organisation, UNIDO, gave its nod in Vienna, yesterday, for the establishment[Read More…]