Nigeria's cross-border greenfield capital investment in 2019 grew by 28 percent to $10.2bn, according to the latest report by fDi Market Intelligence, a research unit of Financial Times.
The report released on Thursday described a greenfield investment as a type of foreign direct investment where a parent company creates a subsidiary in a different country, building its operations from the ground up. In terms of the number of projects, the report said foreign companies executed 73 FDI projects in Nigeria in 2019…
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