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Nigeria attracts only $135 million in direct investment

By , based on Leadership

Map: Nigeria

Nigeria received $10.37 billion in capital in the first quarter of 2026, but only $135.08 million constituted foreign direct investment, according to Adesoji Adesugba, vice-president of the Abuja Chamber of Commerce and Industry. This share, equivalent to about 1.3% of inflows, highlights, he said, the lack of long-term capital to develop factories, production and employment, he said at a conference in Abuja.

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