Foreign Firms Repatriate $5.86 Billion From Nigerian Economy In Six Months – CBN - Politics - Nairaland
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| Foreign Firms Repatriate $5.86 Billion From Nigerian Economy In Six Months – CBN by Mateco556: 1:48pm On Sep 05, 2023 |
The Central Bank of Nigeria (CBN) has reported that foreign companies withdrew a total of $5.86 billion from the Nigerian economy between October 2022 and March 2023. Of this amount, approximately $5.13 billion was repatriated as dividends by foreign investors. According to the CBN’s ‘Economic Report, First Quarter 2023,’ the surge in dividend payments to non-resident foreign investors contributed to.... https://ratecaptain.com/foreign-firms-repatriate-5-86-billion-from-nigerian-economy-in-six-months-cbn/ |
| Re: Foreign Firms Repatriate $5.86 Billion From Nigerian Economy In Six Months – CBN by CodeTemplar: 2:27pm On Sep 05, 2023 |
The more reason why we should manage Dangote as he is. He has no home abroad to carry the mega millions to. |
| Re: Foreign Firms Repatriate $5.86 Billion From Nigerian Economy In Six Months – CBN by mrvitalis(m): 2:31pm On Sep 05, 2023 |
This is the reason I have always been against FDI... It's harmful to a developing economy As an Igbo man this is exactly what we do to other region in Nigeria and west Africa .... U invest 10 million send back 200 million over 10 years The way to grow an economy is to support local businesses to become international business to bring money back too Like obi did with innoson |
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