Nigeria Attracts $1.27 Billion in Foreign Capital from BRICS Countries by June 2024.

Nigeria has attracted $1.27 billion in foreign capital from BRICS countries by June 2024, exceeding its previous year's total of $438.72 million. This represents a significant increase in investment from the five nations, including Brazil, Russia, India, China, and South Africa.

Nigeria has secured a substantial influx of foreign capital, with the country attracting $1.27 billion in investments from BRICS nations by June 2024, according to Vice President Kashim Shettima. This represents a significant increase from the $438.72 million recorded during the same period in previous years. The boost in foreign investment is seen as a positive development for Nigeria's economic growth and development prospects. The country's ability to attract large-scale investments from major economies like Brazil, Russia, India, China, and South Africa underscores its growing status as an attractive destination for international investors.