Nigeria Economy | |
Nigeria Economy | |
2569 VIEWS | |
![]() |
Monday, November 25, 2019 10:30AM / NBS / Header Image Credit: NBS
The total value
of capital importation into Nigeria stood at $5,367.56 million in the third
quarter of 2019. This represents a decrease of -7.78% compared to Q2 2019 and
87.99% increase compared to the third quarter of 2018.
The largest
amount of capital importation by type was received through Portfolio
investment, which accounted for 55.88% ($2,999.50m) of total capital
importation, followed by Other Investment, which accounted for 40.39%
($2.167.98m) of total capital, and then Foreign Direct Investment FDI, which
accounted for 3.73% ($200.08m) of total capital imported in Q3 2019.
By sector,
Capital importation by banking dominated Q3 2019 reaching $1,756.83 million of
the total capital importation in Q3 2019.
The United
Kingdom emerged as the top source of capital investment in Nigeria in Q3 2019
with $2,011.14 million. This accounted for 37.47% of the total capital inflow
in Q3 2019.
By Destination
of Investment, Lagos state emerged as the top destination of capital investment
in Nigeria in Q3 2019 with $4,976.40 million. This accounted for 92.71% of the
total capital inflow in Q3 2019.
By Bank,
Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q3
2019 with $1,630.91 million. This accounted for 30.38% of the total capital
inflow in Q3 2019.
Click Here to Download Q3 2019
Nigerian Capital Importation PDF Report
Latest 2019 NBS Reports
Q4 2019
Q3 2019
Q2 2019
Q1 2019