The trend of declining remittance inflows to Nigeria has been a matter of concern to the government since a sizable proportion of this flow is usually channelled to meet the day-to-day needs of Nigerians at home.
Foreign investments into Nigeria dropped to $654.7 million in the third quarter of 2023, the lowest level since the National Bureau of Statistics (NBS) started collating the data in 2013.
This shows that Africa’s biggest economy is finding it increasingly hard to attract investments despite ref
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
