Federal finance and statistics / National Bureau of Statistics

Nigeria Capital Importation Q1 2024

Key Highlights In Q1 2024, total capital importation into Nigeria stood at US$3,376.01 million, higher than US$1,132.65 million recorded in Q1 2023, indicating an increase of 198.06%. In comparison to the preceding quarter, capital importation rose by 210.16% from US$1,088.48 million in Q4 2023. • Portfolio Investment ranked top with US$2,075.59 million, accounting for 61.48%, followed by Other In vestment with US$1,181.25 million, accounting for 34.99%. Foreign Direct Investment recorded the least with US$119.18 million (3.53%) of total capital importation in Q1 2024. • The Banking …