Economy attracted $19.67bn investments in nine months: NBS

The Nigerian Bureau of Statistics (NBS) in a statement released on Monday said that, between January and September this year, the Nigerian economy attracted a total of $19.67bn worth of investments, and the said investments were from various sources. They are Foreign Direct Investment (FDI), which is made up of equity; portfolio investment made up of bonds and money market instruments; and other investments made of trade credit, current deposits, and other claims. A breakdown of the investments showed that the economy attracted investments worth $8.48bn in Q1 2019, declined by $2.66bn to $5.82bn in Q2, and further declined by $460m to $5.36bn in Q3. PUNCH