The National Bureau of Statistics (NBS) has released its latest capital importation report for the third quarter of 2023. According to the report, foreign investments into Nigeria dropped on a year-on-year basis by 43.6 percent to $654.7 million Q3 from $1.16 billion in the same period of 2022.
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Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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