deposit 5000
slot deposit 5000
slot gacor situs toto
togel online
toto 4d
situs slot toto 4ddemo slot gacorslot 88
slot gacor slot gacor
slot gacor
brenjitu
slot gacor
situs toto
situs toto
SITUS TOTO
situs toto
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot gacor
slot pulsa
hongkong lotto
slot gacor
brenjitu
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
slot 4d

Why foreign investors are interested in Nigeria – Cardoso

Bisola David
Bisola David
Investors lose N67bn as market dips

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that Foreign Portfolio Investors want the government to implement policy reforms that will allow them to bring in their capital.

Cardoso stated this on Monday in an interview with Arise TV, when he answered questions regarding the recent volatility in the foreign exchange market.

The latest report on capital importation from the National Bureau of Statistics showed that in Q3 2023, capital importation into Nigeria stood at $654.65m, lower than $1.16bn recorded in Q3 2022, indicating a decline of 43.55 per cent. In comparison to the preceding quarter, capital importation fell by 36.45 per cent from $1.030bn in Q2 2023.

However, other assets came in first, making about 77.56 per cent, the total capital importation in Q3 2023, portfolio investment was 13.31 per cent ($87.11m) and foreign direct investment brought in 9.13 per cent ($59.77m).

In response to a question regarding FPIs, Cardoso stated, “Some people think that because foreign portfolio investors are wealthy, they must be doing well. That isn’t what I think the case is. I assume that you will have a diverse mix of investors in any portfolio you have, be it corporate or sovereign.

“Many foreign portfolio investors are interested in returning to the Nigerian market in the current environment, and if there is any group that has shown interest, it is because they have not rushed to get in but rather have shown a methodical interest in learning about the reforms being implemented and where they are taking the country to a direction they believe is the right one, it is the foreign portfolio investors.”

The head of Nigeria’s top bank continued, saying that the rating agencies’ findings validated the FPIs’ political views.

“They arrive, you fear they won’t return, but then they return a second and third time, and then they observe some rating organizations releasing their own assessments of how they perceive the nation’s economy developing. It supports the way they think. We carry out more reforms because it keeps encouraging them. That’s how I envision today’s investors playing.

“Gone are the days when you could isolate yourself. The important thing is to include it into the variety of incoming flows,” he stated.

He continued by saying that the government’s recent decision to pay the Nigerian National Petroleum Corporation Limited as well as other ministries, departments, and government organizations sends a message to international investors.

“The recent decision by NNPCL and other MDAs to transfer their financing directly to the central bank,” he claimed, “also sends a power message. It gives investors more hope that Nigeria is finally moving in the direction that many would like to see it go.”


Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

situs totoslot thailand situs totoslot gacor situs toto slot online situs toto demo slot gacor situs slot gacorsitus 4d situs totoslot gacorslot gacorslot gacorslot gacorslot gacor
slot gacor
slot gacor situs toto
togel online
toto 4d
situs slot slot demo pgslot 88
slot gacor slot gacor
slot gacor
brenjitu
situs toto
situs toto
SITUS TOTO
toto macau 4d
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot pulsa
hongkong lotto
slot gacor
slot gacor
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
situs totoslot gacordemo slot situs slot gacor
slot66
slot gacor
situs slot gacor
slot gacor
scatter hitam
scatter hitam
slot gacor scatter hitam
scatter hitam
situs slot gacor pulsa
situs baru slot gacor

grandpashabet
grandpashabet
Meritking
Meritking
marsbahis giriş
zbahis
Hair Transplant istanbul
da pa kontrolü
onwin giriş
marsbahis
replika saat
eskişehir temizlik
sms onay
ankara nakliyat
ordu nakliyat
Vozol Puff
iqos terea
NORA
creative
Marketing
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
kralbet giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
esenyurt escort
casibom giriş
matadorbet
ligobet girişfixbet girişSahabetligobet girişfixbet girişSahabet
?>

grandpashabet
grandpashabet
Meritking
Meritking
marsbahis giriş
zbahis
Hair Transplant istanbul
da pa kontrolü
onwin giriş
marsbahis
replika saat
eskişehir temizlik
sms onay
ankara nakliyat
ordu nakliyat
Vozol Puff
iqos terea
NORA
creative
Marketing
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
kralbet giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
esenyurt escort
casibom giriş
matadorbet
ligobet girişfixbet girişSahabetligobet girişfixbet girişSahabet
Hacklinkbetsat
betsat
betsat
holiganbet
holiganbet
holiganbet
Jojobet giriş
Jojobet giriş
Jojobet giriş
casibom giriş
casibom giriş
casibom giriş
xbet
xbet
xbet
grandpashabet
grandpashabet
grandpashabet
tuzla evden eve nakliyat
İzmir psikoloji
creative news
Digital marketing
radio kalasin
radinongkhai
gebze escort
grandpashabet
grandpashabet
onwin
onwin giriş
casibom giriş
jojobet
ümraniye oto çekici
marsbahis
beylikdüzü escort
zbahis
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu siteleri
deneme bonusu veren siteler
instagram followers buy
grandpashabet2194
casinolevant
betpublic giriş
casibom giriş
casibom
casibom giriş
casibom