ABUJA (CU)_In the second quarter of this year, foreign direct investments (FDIs) to Nigeria dropped by a staggering 80 per cent from the previous quarter, a recent report issued by the Nigerian Investment Promotion Commission (NIPC) has revealed. According to the report, while FDIs in the second quarter shrunk to $1.69 billion from $8.41 billion in the previous quarter, the total value of investment interest also fell to $1.57 billion in first half of 2021, from $10.11 billion recorded in the second half of last year.
According to experts…