Nigeria’s investment inflows near 6-year high on carry trade

Nigeria’s investment inflows near 6-year high on carry trade

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After declining for three straight quarters, capital importation into Nigeria rose to the highest in almost six years and gained the most on a quarterly basis since third quarter (Q3) 2017 as carry trade increased in first quarter (Q1) 2019. This followed the peaceful conclusion of the 2019 general elections, an attractive yield environment in…

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