Home Business Nigeria’s Foreign Investment Landscape: 26 States Attract Zero Capital in One Year (See List)
Business

Nigeria’s Foreign Investment Landscape: 26 States Attract Zero Capital in One Year (See List)

Share
Naira to Dollar Rate Today | Daily Report Nigeria
Naira to Dollar Rate Today
Share

Foreign investors have largely overlooked 26 states in Nigeria, as the nation’s capital importation reached $2.6 billion in the second quarter of 2024, reflecting a significant year-on-year increase of 152.81% compared to $1.03 billion in the same period last year.

The National Bureau of Statistics reported that Lagos State emerged as the primary destination for foreign capital, securing $1.37 billion, which constitutes 52.52% of the total inflows.

Abuja followed closely, attracting $1.24 billion, representing 47.48% of the total.

The 26 states that recorded no foreign investments from Q2 2023 to Q2 2024 include Bauchi, Bayelsa, Benue, and others, demonstrating a concerning trend in regional economic engagement.

See List:

The 26 states with no foreign investments from Q2 2023 to Q2 2024 are listed below:

 

1. Bauchi

2. Bayelsa

3. Benue

4. Borno

5. Cross River

6. Delta

7. Ebonyi

8. Edo

9. Enugu

10. Gombe

11. Imo

12. Jigawa

13. Kaduna

14. Kano

15. Katsina

16. Kebbi

17. Kogi

18. Kwara

19. Nasarawa

20. Osun

21. Oyo

22. Plateau

23. Sokoto

24. Taraba

25. Yobe

26. Zamfara

Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles
Air Peace Grounds Flights Nationwide Over to NiMet Strike | Daily Report Nigeria
Business

Air Peace Grounds Flights Nationwide Over to NiMet Strike

Air Peace suspends all flight operations nationwide due to NiMet strike. The...

Currency in Circulation Drops to N5tn as CBN Tightens Monetary Measures | Daily Report Nigeria
Business

Currency in Circulation Drops to N5tn as CBN Tightens Monetary Measures

The total naira in circulation dropped to N5tn in March 2025, continuing...

IMF Projects 37% Inflation Rate For Nigeria In 2026 | Daily Report Nigeria
Business

IMF Projects 37% Inflation Rate For Nigeria In 2026

The International Monetary Fund (IMF) forecasts Nigeria’s inflation to dip to 26.5%...

Nigeria’s Money Supply Hits N114tn as Cash Use Soars, Inflation Persists  | Daily Report Nigeria
Business

Nigeria’s Money Supply Hits N114tn as Cash Use Soars, Inflation Persists 

Nigeria’s money supply surged to N114.22tn in March 2025, a 24% rise...