Nigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42%

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -

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.

This is revealed in the latest capital importation data released by the National Bureau of Statistics (NBS).

According to the NBS report,  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).

- Advertisement -

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.  

Download Q4 2019 Capital Importation PDF Report

- Advertisement -
Nigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand SpurNigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Read Also:  Sabrina And Saheed Osupa Team Up To Thrill Ibadan

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand SpurNigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand Spur

Latest News

Ibukun Aiyemo Becomes Marketing Coordinator For Burger King Nigeria

A marketing and brand strategist, Ibukun Aiyemo, has joined the services of Allied Food & Confectionary Services Limited, a...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Nigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand SpurNigeria received $3.8 Billion Capital Inflows in Q4 2019, down by -32.42% - Brand Spur