by 
The total value of capital importation into Nigeria in the fourth quarter of 2020 – $1,069.68m.
- A decrease of 26.81% compared to Q3 2020 and 71.87% decrease compared to the fourth
quarter of 2019.
The total value of capital importation in 2020 – $9,680.49m.
- A decrease of 59.65% when compared to $23,990.05m in 2019.
- Businesses Failing In Nigeria As Dollar Shortage Become Extreme
- IMF says Naira devaluation was rejected by the FG
Capital importations breakdown
In breaking down the data for the year, these are the largest percentage of the total inflows by type:
- Other investment – $783.26m (73.22%), largest amount of capital importation
- Foreign Direct Investment(FDI) – $251.27m (23.49%)
- Portfolio Investment – $35.15m (3.29%)
Capital importations by sector
Capital importation by Shares dominated in Q4 2020 reaching $287.04m of the total capital
importation.
The United Kingdom was the top source of capital investment in Nigeria in Q4 2020 with $236.88m. This accounted for 22.14% of the total capital inflow in Q4 2020.
- Cryptocurrency use in Nigeria – the SEC and CBN rules
- MRCTD, refugee identity card acceptable at banks by CBN order
By Destination of Investment, Lagos state emerged as the top destination of capital investment in Nigeria
in Q4 2020 with $829.64m. This accounted for 77.56% of the total capital inflow in Q4 2020.
By Bank, Citibank Nigeria Limited emerged at the top of capital investment in Nigeria in Q4 2020 with
$216.17m. This accounted for 20.21% of the total capital inflow in Q4 2020.
