Tag: Foreign Direct Investment
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Foreign Investment Drought: 32 Nigerian States Struggle to Attract Capital in 2024
In a troubling economic revelation, the latest National Bureau of Statistics (NBS) data shows that 32 out of 36 Nigerian states have failed to attract any foreign investment in the first nine months of 2024, a deterioration from 2023, when 27 states were in a similar position. The numbers tell a story of concentrated economic…