Investment in Nigeria increased by 75% in Q1

Factual Pursuit of Truth for Progress


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.


Please enter your comment!
Please enter your name here