Sponsored
Business

How Nigeria’s Foreign Portfolio Investment Rose By 4472% After 2023 Elections

Sponsored
Sponsored
Nigeria attracted a sum of $222.3 million in portfolio investments into the equity market in the first quarter of 2023.
This represents a 4,472% rise from the immediate past quarter, the 4th quarter of 2023.
This data is coming from the National Bureau of Statistics Capital Importation report for the first quarter of the year.
Nigeria only attracted $56 million in foreign portfolio investments in equity as investors stayed out of the country due to its forex policies.
However, the successful 2023 elections appear to have swayed investors as they bid a return into the equities market.
Sponsored
Alinnor Arinze

Leave a Comment
Share
Published by
Alinnor Arinze
Tags: How Nigeria’s Foreign Portfolio Investment Rose By 4472% After 2023 ElectionsNational Bureau of Statistics
3 years ago

Recent Posts

Democracy Day: Princess Folashade Olabanji-Oba Rallies Nigerians Especially Women To Make Polling Units ‘Beacons Of Hope’ Ahead Of 2027

As Nigeria marks another historic June 12 Democracy Day, prominent political leader, Aarebirin Hon. Princess…

2 hours ago

Ikeja LG Boss, Comrade Dauda Greets Nigerians On Democracy Day

OLALEKAN ONI As Nigeria marks another Democracy Day, the Executive Chairman of Ikeja Local Government,…

2 hours ago

JMG At 28 – A Groundbreaking Trajectory from Generator Supplier to Electro- Mechanical Powerhouse

JMG Limited, Nigeria’s foremost integrated electromechanical solutions company is celebrating 28 years of innovation, growth, and industry leadership,  marking…

4 hours ago

Insight Redefini Names Babatunde Olaifa New Group CEO

Insight Redefini Group, Nigeria and West Africa’s largest integrated marketing communications network and a member…

4 hours ago

Access Holdings Chairman, Aig-Imoukhuede Says Acquisition Phase Over, Focus Shifts to Shareholder Returns

BY FUNSHO AROGUNDADE Access Holdings Plc Chairman Aigboje Aig-Imoukhuede said the group has completed 20…

4 hours ago

Details of Proposed Constitutional Amendments for the Establishment of State Police And Federal Police

These are the details of proposed Constitutional Amendments for the Establishment of the State Police…

6 hours ago
Sponsored