Foreign Direct Investment into Nigeria and Developing Economies Slumps to 19-Year Low Amid Global Trade Barriers
Foreign Direct Investment (FDI) inflows into Nigeria and several other developing countries have declined sharply, reaching their lowest levels since 2005. This downturn, according to recent global economic assessments, has been attributed to the growing wave of trade restrictions, investment protectionism, and mounting economic uncertainties across the globe. FDI, which is widely regarded as a