Capital imported into Nigeria, maintained an upward trajectory in 2018Q1, following three consecutive quarterly increase. Specifically, capital importation rose to $6.30 billion in 2018Q11– a remarkable Year-on-Year growth of 594 percent (from $908.27 million), and Quarter-over-Quarter increase of 17 percent ($5.38 billion). Inferably, investors’ interest and confidence in the Nigerian economy have continued to soar since 2017Q2; this is particularly represented by the extent of portfolio investment flows which increased approximately fifteen times more than the $313.61 million recorded in the corresponding 2017Q1 quarter, and accounted for 72.4 percent of total capital importation in the review quarter
Macroeconomic Report & Economic Updates
June 14, 2018
Nigeria Economic Update (Issue 19)
Capital imported into Nigeria, maintained an upward trajectory in 2018Q1, following three consecutive quarterly increase. Specifically, capital importation rose to $6.30 billion in 2018Q11– a remarkable Year-on-Year growth of 594 percent (from $908.27 million), and Quarter-over-Quarter increase of 17 percent ($5.38 billion). Inferably, investors’ interest and confidence in the Nigerian economy have continued to soar […]
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Balance Of Trade (Export And Import)
Balance of Trade (Export and Import): With export and, to lesser extent, import declining balance of trade fell deeply in 2015 and, to lesser extent, in 2016Q1.
Capital Importation And Budgetary Allocation (Transport Sector)
Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016.
Budgetary Allocation: Budgetary allocations to the transpo