According to the report of Nigerian Bureau of Statistics (NBS), Foreign Direct Investment (FDI) rose in Q2.
Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year. The increase can be attributed to increased security across the nation.
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. Today FDI has become part of the process of international production, by which investors locate in one country to produce a good or a service that is part of a broader global value chain (GVC).
FDI's are powerful engines of economic growth and development. Increased production increases our GDP
"Gross domestic is a monetary measure of the market value of all the final goods and services produced in a period of time." (Wikipedia)
Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year. The increase can be attributed to increased security across the nation.
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. Today FDI has become part of the process of international production, by which investors locate in one country to produce a good or a service that is part of a broader global value chain (GVC).
FDI's are powerful engines of economic growth and development. Increased production increases our GDP
"Gross domestic is a monetary measure of the market value of all the final goods and services produced in a period of time." (Wikipedia)
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