Foreign Direct Investment (FDI) inflows to Nigeria and other Sub Saharan Africa, including South Africa, Kenya, Angola, among others, fell by 31 per cent in 2015 to estimated $38 billion.
This decline, according to report released on Wednesday, by Global Investment Trends Monitor of United Nations Conference on Trade and Development (UNCTAD), was attributed to the plummeting prices of crude oil and other commodities.
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