MAN: Rising Interest Rate Pushed FDI Decline To $191.92m In Q1’24

In what could be an adverse effect of increasing Monetary Policy Rate (MPR) and inflation on the country’s Gross Domestic Product (GDP), the Manufacturers Association of Nigeria (MAN) said the rates had contributed to low domestic investor confidence and foreign direct investment (FDI) in the country’s manufacturing sector. The Association said FDI declined to $191.92...The post MAN: Rising Interest Rate Pushed FDI Decline To $191.92m In Q1’24 first appeared on New Telegraph.The post MAN: Rising Interest Rate Pushed FDI Decline To $191.92m In Q1’24 appeared first on New Telegraph.

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