The Nigeria Investment Promotion Commission (NIPC) has indicated that the country’s actual capital inflows grew by $7.3 billion dollars in 2017 to stand at $12.4 billion from the $5.1 billion dollars recorded in 2016.
The NIPC said the flows increased progressively from the first quarter of 2017, with each quarter materially higher than the corresponding period in 2016.
The first quarter of 2018 report on investment announcements in Nigeria published by the NIPC indicated that the commission tracked $17.88bn worth of investment announcements in 32 projects across eight states in the first quarter of the year.
The value of the investment announcements tracked in the first quarter of this year is almost three times the $6.38bn tracked in Q1 2017, suggesting increasing investor interest in Nigeria.
https://www.dailytrust.com.ng/nigeria-s-capital-inflows-grew-by-7-3bn-in-2017--nipc.html
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Good news, kudos to Daily Trust other media hardly report such positive developments.
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Nice development