Published in Chart of the Day
Capital importation totaled $1.73 billion in Q3 2021. Financing ranked highest, bringing in investments worth 469.17 million and making up 27.1% of the total capital importation for Q3 2021.
January 31st, 2022
The banking sector followed closely with a total capital importation of $460.39 million, 26.59% of the total capital importation for the quarter. The construction sector brought in the lowest foreign capital.
Nigeria’s Q3 capital importation grew by 97.3% compared to the Q2 figure of $875.62 million.
Most of the investments in Q3 2021 came in from the United Kingdom, followed by South Africa, the United States of America, the United Arab Emirates, and Saudi Arabia respectively.
Support good journalism - the cornerstone of a well-informed society. When you stand behind quality reporting, you empower truth, accountability, and transparency.
Today, a new generation of Nigerians live through the country’s prolonged battle with two of its biggest socio-economic deficiencies – a protracted housing deficit and recurrent budget deficits.
A recent review of the 2019 Auditor General’s report by Dataphyte reveals that there was an unexplained net change of N668.162 billion in reserves of the consolidated statement of changes in net assets and equity.
Leading Media research and data analytics organisation, Dataphyte has released its maiden Dataphyte Advisory Note titled “the Nigerian post-oil Economy Advisory Note.
Capital importation totaled $1.73 billion in Q3 2021. Financing ranked highest, bringing in investments worth 469.17 million and making up 27.1% of the total capital importation for Q3 2021.
