Capital Importation Falls 51.90% To $1.25bn In Q3 …C0NTINUE READING HERE >>>
Nigeria’s capital importation fell sharply by 51.90 per cent in the third quarter of 2024, totaling $1.25 billion, down from $2.60 billion in Q2 2024.
However, this represents a 91.35 per cent increase compared to $654.65 million in Q3 2023, according to the National Bureau of Statistics.
The decline was primarily driven by reduced foreign direct investment, which accounted for only 8.29 per cent of total inflows. Portfolio investments dominated at 71.79 per cent, with the banking…
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