Nigeria’s flow of foreign investments drops by 74%

The flow of foreign capital into Nigeria is drying up, and it’s a huge blow to its economy.
Foreign investments came in at $711 million in the first quarter of 2016 — a whopping 74% drop from a year before.
The steepest decline came from portfolio inflows, which dropped 85% year-over-year, accor…Nigeria’s flow of foreign investments drops by 74%

via WordPress http://ift.tt/1TuCiEr