Capital importation in Nigeria reduced by 8.53% in last quarter of 2022.
The NBS said this in its Nigeria Capital Importation Q4 2022 report released on Wednesday in Abuja.
The report said this was followed by Portfolio Investment with 26.89 per cent and Foreign Direct Investments with 7.94 per cent . The report said this was followed by the Republic of South Africa and the United Arab Emirates valued at 119.31 million dollars and 116.82 million dollars , respectively.
Similarly, the total value of capital importation into Nigeria in Q3 2022 stood at 1,159.67 million dollars from 1,731.37 million dollars in Q3 2021. “This was followed by Portfolio Investment with 38.12 per cent and Foreign Direct Investments with 7.05 per cent .’’
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NBS: Nigeria’s capital importation plunged to $1.06bn in Q4 2022 -- down by 8.53% | TheCableThe National Bureau of Statistics (NBS) says capital importation into Nigeria declined by 8.53 percent in the fourth quarter (Q4) of 2022. This is contained in the agency’s new report
Read more »
Nigeria’s Capital Import Drops 51% In Q4 2022Latest capital importation data just released by the National Bureau of Statistics (NBS) showed that the amount of investment into the country was on a steady
Read more »
SAN tasks politicians on justice, good governance | The Guardian Nigeria News - Nigeria and World NewsA senior lawyer and former General Secretary, Nigerian Bar Association (NBA), Mr. Dele Adesina (SAN), has warned that justice and progress may continue to elude Nigeria until its politicians get their priorities about governance right.
Read more »
FG, Obi trade accusations on treason charge | The Guardian Nigeria News - Nigeria and World NewsDays after being in the eye of the storm over a leaked tape conversation with Founder and Presiding Bishop of Living Faith Church Worldwide, Dr. David Oyedepo, presidential candidate of Labour Party (LP), Peter Obi
Read more »
IGP pledges commitment to police reforms initiative | The Guardian Nigeria News - Nigeria and World NewsThe Inspector-General of Police (IGP), Mr Usman Baba, has pledged the commitment of the Nigeria Police Force (NPF) towards fostering reforms in the policing system of the country.
Read more »
Full list of Forbes' 25 world billionaires in 2023In its previous list in 2022, Musk was on the No. 1 spot.
Read more »