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Foreign Portfolio Inflows Hit $2.3bn In Two Months – CBN
Yinka Olajoyetan, Lagos
The Central Bank of Nigeria says foreign portfolio inflow into Nigeria surged $2.3 billion in the first two months of 2024 compared to $3.9 billion recorded in 2023.
The Acting Director of Corporate Communications at CBN, Hakama Sidi Ali, disclosed this on Thursday.
She noted that foreign investors purchased more than $1 billion in Nigerian assets in February alone.
According to her, the surge in foreign investor’s interest in Nigeria has led to total portfolio flows reaching $2.3 billion in 2024