Foreign Direct Investment (FDI) into Nigeria fell sharply by 70.06% in the first quarter of 2025, dropping to $126.29m from $421.88m in the previous quarter, according to new data from the National Bureau of Statistics (NBS).
The slump came despite a rise in total capital importation, as foreign investors poured money into short-term, high-yield instruments such as government bonds and treasury bills, while shunning long-term commitments in the real economy.
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