Nigeria’s capital importation rises by 210% to $3.37 billion in Q1, 2024

Nigeria’s total capital importation rose by 210.16% in the first quarter of 2024 from $1.08 billion recorded in Q4, 2023 to $3.37 billion in the period under review. This is according to the National Bureau of Statistics (NBS) capital importation report in the first quarter of 2024. When compared to the corresponding quarter of 2023, capital importation increased by 198.06% in the first quarter of 2024. Capital imports by type and sector Portfolio Investment led with $2.07 billion, making up …