Foreign capital from BRICS countries into Nigeria rises by 189% in six months

Nigeria’s foreign capital inflows from BRICS nations have surged by 189% in the first half of 2024, amid the country’s ongoing efforts to secure a spot within the expanded BRICS coalition.

An analysis of data from the National Bureau of Statistics (NBS) revealed that capital importation from BRICS countries rose from $438.72 million in the first six months of 2023 to $1.27 billion in the same period of 2024.

Read more at Nairametrics

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