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Tag Archives: capital importation

Telecoms Sector Attracts $446.82 Million Foreign Investments in 2022

Telecoms Sector Attracts $446.82 Million Foreign Investments in 2022

…As Sector Attracts 15.86% of Nigeria’s Total Foreign Investment Compared to $107.46 million foreign investments attracted in 2021, the telecommunications sector has in 2022 recorded $456.82 million foreign investments, an increase of 325.12%. According to the capital importation data from the National Bureau of Statistics, telecoms sector continued to retain …

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Capital Importation Drops to $1.06 Billion in Q4’22

Capital Importation Drops to $1.06 Billion in Q4’22

Nigeria’s Capital Importation recorded the fourth consecutive quarterly decline to $1.06 billion in the fourth quarter of 2022 (Q4’22), from $1.15 billion in Q3’22. Data from the National Bureau of Statistics, NBS, Capital importation report for Q4 ’22 showed that Capital Importation fell quarter-on-quarter by 27 per cent to $1.57 …

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Capital Importation Drops by 82% to $1.57 Billion

Capital Importation Drops by 82% to $1.57 Billion

Capital importation into Nigeria has fallen by 81.46 per cent ($6.91bn) from $8.49bn in the first quarter of 2019 to $1.57bn in the corresponding quarter of 2022, according to data from the National Bureau of Statistics. Based on the NBS’s ‘Nigerian Capital Importation’ reports for the first quarters of 2019, …

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Capital importation falls by N1.68tn – CBN

Capital importation falls by N1.68tn – CBN

Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $4.08bn (N1.68tn) in one year, latest statistics have shown. Between January and September 2020, total capital importation amounted to $8.55bn, data from the National Bureau of Statistics revealed. However, according to the latest capital importation …

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