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Fraud, weak investor protection threaten diaspora investments – NiDCOM

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Fraud, weak investor protection threaten diaspora investments – NiDCOM

By Folarin Kehinde
The Nigerians in Diaspora Commission (NiDCOM) has identified fraudulent investment schemes, unverified investment channels and weak investor protection as major obstacles to attracting investments from Nigerians living abroad.

The Chairman and Chief Executive Officer of NiDCOM, Abike Dabiri-Erewa, raised the concerns at the opening of the ninth Nigeria Diaspora Investment Summit 2026 in Abuja.

She said the challenges had created a trust deficit that must be addressed to encourage more Nigerians in the diaspora to channel their resources into the domestic economy.

The summit, organised in collaboration with the Nigeria Diaspora Summit Initiative, has the th...

Source: Vanguard News

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