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.
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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.
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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.