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Foreign Capital Inflow Up By 83%
Analysis of the Nigerian Capital Importation report for Q2’2022 has shown that foreign capital inflow into the production sector rose by 83 percent, Year-on-Year (Y-on-Y) to $457.66 million in the first half year ended June 2022 (H1’22). This is an increase from $245.22 million in the corresponding period in 2021. Analysis showed that the inflow…
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Foreign Inflows Fall By 32%
The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 percent to $500m in October 2021. This is a drop from $660m recorded in September, 2021 which was an increase as against $440m recorded in August. The CBN disclosed these figures in its latest monthly economic report (October) recently…
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Capital inflow crashes by 80%
The Central Bank of Nigeria reports have indicated the capital inflow to Nigeria has crashed by 80 per cent in two years. The capital inflow to Nigeria fell from $17.1bn in July 2019 to $3.4bn in July 2021. The central bank reports showed that Nigeria recorded $17.1bn capital inflow between January and July, 2019. When…
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Nigeria’s Foreign Capital Inflow Drops $9.68bn, Lowest In Four Years
The foreign capital flow into Nigeria reduced by more than half in 2020 to $9.68 billion. According to the National Bureau of Statistics, it is the lowest level obtained in four years. The NBS, in its capital importation report for the fourth quarter and full-year 2020, said the total value of capital importation into the…