Federal finance and statistics / National Bureau of Statistics

Nigeria Capital Importation Q3 2023

Key Highlights • In Q3 2023, total capital importation into Nigeria stood at US$654.65 million, lower than US$1,159.67 million recorded in Q3 2022, indicating a decline of 43.55%. In comparison to the preceding quarter, capital importation fell by 36.45% from US$1,030.21 million in Q2 2023. • Other Investment ranked top accounting for 77.56% (US$507.77 million) of total capital importation in Q3 2023, followed by Portfolio Investment with 13.31% (US$87.11 million) and Foreign Direct Investment (FDI) with 9.13% (US$59.77 million). • The production/manufacturing sector recorded th…