Investment in Nigeria increased by 75% in Q1

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Reports have revealed that the investments made in Nigeria have increased by 75% which is a rise from $4.81 billion in Q1 2020 to $8.41 billion in Q1 2021.

The Nigerian Investment Promotion Commission (NIPC) made this public in its first quarter report.

An increase recorded also of 8.38% compared to the investments made in the previous quarter (Q4 2020), which stood at $7.76 billion.

According to the NIPC, the rise in investments to the gradual return of investors’ confidence globally after the drop caused by the COVID pandemic and effects on the economy.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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