Foreign investors snubbed 27 states as the value of capital importation into Nigeria fell by 34 percent to $2.82 billion in the first nine months of 2023, from $4.27 billion in the same period last year.
The National Bureau of Statistics (NBS) disclosed this in its latest capital importation report for the third quarter (Q3) of 2023 released on Friday.
Capital importation can be explained as bringing in capital from abroad to fuel investment, trade, and manufacturing within a country.
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