This picture taken on January 29, 2016 in Lagos shows 1000 naira banknotes, Nigeria's currency. - Nigeria's central bank governor, Godwin Emefiele, on January 26 dismissed calls to devalue the naira in his monetary policy committee statement. Instead he chose to continue propping up the currency at 197-199 naira to the dollar and maintain foreign-exchange restrictions. As a result, the naira on the black market is hovering around a record low of 305, fuelling complaints from domestic and foreign businesses who can't access dollars required for imports. (Photo by PIUS UTOMI EKPEI / AFP) (Photo by PIUS UTOMI EKPEI/AFP via Getty Images)


Despite the challenges facing the country, the Nigerian economy attracted investments

worth $1bn (about N305bn) in the first two months of this year.

The Statistician-General of the Federation and Chief Executive, National Bureau of Statistics, Dr. Yemi Kale, confirmed this in Abuja.

Kale said the investment inflows into the country in the first two months of this year exceeded what Nigeria attracted during the same period in 2016.


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