Capital Importation Drops By N1.68trn – CBN   Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $4.08bn (N1.68tn) in one year, latest statistics have shown Between January and September 2020, total capital importation amounted to $8.55bn, data from the National...

Nigeria’s Capital Importation Declines To $875.62m In Q2, 2021     The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn in the first quarter of 2021. The National Bureau of Statistics disclosed this in its report titled, ‘Nigerian...

Foreign Direct Investment Dipped By $30m In January – CBN       Foreign Direct Investment dipped by 33.3 per cent which amounted to $30m in January, latest statistics obtained from the Central Bank of Nigeria revealed on Wednesday. According to figures obtained from the CBN’s January report on...

Nigeria’s Trade Deficit Rises By 49% To $2.5bn     The nation’s trade deficit rose month-on-month by 49 percent to $2.5 billion in January from $1.69 billion in December last year even as foreign trade stood at $8.14 billion during the period. Also capital importation dropped by 31...

FDI, Capital Importation'll Remain Low Till Q3, 2021 — NECA       The Nigeria Employers’ Consultative Association (NECA) has said Foreign Direct Investment (FDI) and capital importation will remain low till the third quarter of 2021. Its Director-General, Dr Timothy Olawale, made this known in a statement in...

Nigeria Records $7.18bn Increase In Capital Importation - NBS   The total value of capital importation in 2019 stood at $23.99bn, which is an increase of $7.18bn over $16.81bn recorded in 2018. This represented a growth of 42.69 per cent, the National Bureau of Statistics disclosed this...