Showing posts with label Trans National Companies. Show all posts
Showing posts with label Trans National Companies. Show all posts

Tuesday, 8 July 2014

FDIs into Nigeria drop to $5.6bn in 2013

Foreign direct investments, FDIs, into Nigeria fell from $7.1 billion in 2012 to $5.6 billion in 2013, as a result of divestments by the International oil companies,IOCs, said the United Nations Conference on Trade and Development, UNCTAD.
In its latest World Investment Report 2014, UNCTAD said that Nigeria led West Africa’s 14 percent fall within the period, which amounted to $14.2 billion.
In Southern Africa, flows almost