Nigeria dey face challenge as 11 investment picks no dey consider am for their investment plans, despite di intense diplomatic efforts by di Federal Government. According to data from di National Bureau of Statistics, Nigeria no receive any foreign capital from these 11 investment picks.
However, di good news be say Nigeria still record $5 billion in Foreign Direct Investment (FDI) for di period. Dis figure show say some investors still dey see di potential in Nigeria’s economy, even though others dey shy away.
Di lack of interest from these 11 investment picks raise concerns about di business environment and economic stability in Nigeria. Experts say dat di government need to work harder to improve di ease of doing business and reduce di risks associated with investing in di country.
Meanwhile, di Nigerian equity market dey experience some gains, driven by price appreciation of stocks like Seplat and other medium- and low-priced stocks. Dis boost di market by N376 billion, showing some positive signs in di financial sector).
