Capital Importation Rises by 54% to $5.85bn in Q1

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James Emejo in Abuja The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year (Q1 2020), representing an increase of $2.05 billion when compared to $3.80 billion in the preceding quarter, according to the National Bureau of Statistics (NBS). This represented an increase of 53.97 per cent compared to Q4 2019 and a contraction by 31.19 per cent when compared to the $8.50 billion recorded in Q1 2019. According to the Nigerian Capital Importation – Q1 2020 report released yesterday, portfolio investment accounted for the largest share of capital importation…
Source: Capital Importation Rises by 54% to .85bn in Q1

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