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Nigeria , Sunday 31 May 2026

Foreign investors shun Kano, Rivers, Ogun, 24 states

Published on: Tuesday 04 April 2023

Foreign investors shun Kano, Rivers, Ogun, 24 states Foreign investors shunned Kano, Rivers, Ogun, and 24 other Nigerian states as foreign investments fell by 20.47 per cent ($1.37bn) from $6.7bn in 2021 to $5.33bn in 2022.This is as foreign investments in the country’s commercial capital fell by 37.94 per cent from $5.82bn to $3.61bn year-on-year. Despite this fall, Lagos attracted 67.82 per cent ($3.61bn) of the total investments in 2022.Other states that attracted foreign direct capital in 2022...



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