Cross-border mergers and acquisitions as a channel for foreign direct investment into Nigeria : the regulatory challenges

Abstract

Cross-Border Mergers and Acquisitions are a viable yet overlooked source of FDI into Nigeria. This is because FDI is mostly considered as green-field investments with little consideration for other sources of investment opportunities. To diversify Nigeria’s monolithic economy, the Federal Government introduced the Economic Diversification Policy focusing mainly on attracting Foreign Direct Investment as a tool for poverty alleviation, sustainable economic growth and development.