Nigerian Capital Importation (Q1 2018)
The first quarter in 2018 saw a continuous growth in total Capital Importation into Nigeria, the fourth consecutive quarterly increase since Q2 2017. The total value of capital imported in the quarter stood at $6,303.63 million, which is a year on year increase of 594.03% and a 17.11% growth over the figure reported in the previous quarter. This increase in capital inflow in Q1, 2018 was driven mainly by Portfolio Investment, which grew from $3,477.53 million in the previous quarter to $4,565.09 million, accounting for 72.42% of the total Capital Importation during the quarter.
Data source: National Bureau of Statistics