Nigeria’s economy attracted $12.2bn investments in 2017 – NBS

The National Bureau of Statistics (NBS), on Thursday, released the capital importation report for the 2017 fiscal year with the economy attracting a total investment inflow of $12.2bn.
The $12.2bn investment inflow, when compared with the $5.38bn in 2016, represents an increase of $6.82bn or 56 percent.
According to the report, the investment inflow into the country, as at the end of the fourth quarter of 2017, is $5.32bn compared to $4.14bn in the third quarter.
The NBS report also stated that Abuja and Lagos accounted for over 97 percent of the destination of investment inflow into the country.