Nigeria Economy | |
Nigeria Economy | |
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PROSHARE | |
PROSHARE |
Tuesday, March 10,
2020 05:00 PM / NBS/ Header Image Credit: NBS
The total value of capital importation into Nigeria stood at $3,802.38
million in the fourth quarter of 2019. This represents a decline of 32.42% when
compared to the 3rd Quarter of 2019, and a 77.67% increase when
compared to the 4th quarter of 2018. Similarly, the total value of
capital importation in 2019 stood at $23,990.05 million, compared to $16,812.47
million in 2018, representing a growth of 42.69% between the two periods.
The largest amount of capital importation by type was
received through Foreign Portfolio
Investment (FPI), followed by Other Investment and Foreign Direct Investment(FDI).
By sector, Shares dominated
with the highest amount of
capital imported in Q4
2019.
The United Kingdom emerged as the
Country of origin with the highest amount of
Capital Imported while Lagos is the destination with the highest amount of
Capital Importation.
By Bank, Stanbic IBTC Bank Plc emerged as the bank with the highest amount of capital imported into Nigeria in Q4 and full year 2019.
Click Here to Download Q4 2019
Capital Importation PDF Report
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