Wednesday, 29 November 2017

Foreign investment in Nigeria’s oil industry drops to $16m

Foreign investment in Nigeria’s oil industry drops to $16m

Ike Amos 29 November 2017, Sweetcrude, Abuja — Foreign investment inflow into the Nigerian petroleum industry slowed drastically in the third quarter of 2017, as foreign capital inflow into the industry dropped by 91.56 percent to $16.07 million from $190.39 million recorded in the second quarter of 2017. Data obtained from the Third Quarter 2017 …

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