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Capital importation in Nigeria for Q4 2020 declined by 59.65% – NBS

Capital Importation Nigeria

Capital Importation Nigeria (Photo: NBS)

The total value of capital importation into Nigeria in the fourth quarter of 2020 – $1,069.68m.

The total value of capital importation in 2020 – $9,680.49m.

Capital importations breakdown

In breaking down the data for the year, these are the largest percentage of the total inflows by type:

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.

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.

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