WRITTEN BY: CHIOMA MADONNA NDUKWU
The National Bureau of Statistics reported a 34% decline in capital importation into Nigeria, totaling $2.82 billion in the first nine months of 2023.
Abia State emerged as the third-largest investment destination by attracting $150.09 million in Q3, surpassing its 2020 record. Lagos led in investments with $1.79 billion, while the Federal Capital Territory followed with $799.21 million. 27 states recorded no foreign investments during this period.
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