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Nairaland Forum / Nairaland / General / Business / Capital Inflows Into Nigeria Fall By 46.86% (7057 Views)
$48b Forex Inflows, $45b Reserves Stabilise Naira / 23 Banks Got N28.7bn Inflows From Dubious MMM Transactions. / Rice Price’ll Fall By Nov. — FG (2) (3) (4)
Capital Inflows Into Nigeria Fall By 46.86% by Ekiti360(m): 7:41am On Jan 29, 2017 |
The total capital importation into Nigeria declined by 46.86 per cent (year-on-year) from $9.6bn in 2015 to $5.1bn in 2016. The total capital importation for Q4 2016 was estimated at $1.55bn, compared to $1.82bn in Q3 2016. Loans (other investments), according to a report by Meristem Research, constituted majority (44 per cent) of capital inflows during the period ($2.24bn in 2016 as against $1.66bn in 2015), while Foreign Direct Investment and Foreign Portfolio Investment into equities amounted to 20 per cent ($1.04bn) and 17 per cent ($859.05m) of inflows accordingly. On the other hand, currency deposits, trade credits and other claims contributed the minimum to inflows. “We also note the reduced participation in the equities space (37 per cent in 2016 versus 63 per cent in 2015),” the report stated. The fixed income market recorded more inflows in Q3 2016 compared to the equities market due to the hike in Monetary Policy Rate (14 per cent) in July 2016. Although the total inflows into the fixed income space in 2016 declined by 29.24 per cent year-on-year, the analysts observed the increased participation in the space compared to other segments during the period (19 per cent in 2016 against 13 per cent in 2015). Notwithstanding, there were no inflows into bonds and money market in December, the report noted. According to the report, on sectoral levels, telecommunications, banking, oil/gas production/manufacturing and services sectors contributed 18 per cent, 14 per cent, six per cent and six per cent, respectively. These sectors were said to have contributed the most to the capital inflows during the period under review. The United Kingdom maintained its position as the leading source of capital inflows, accounting for 40 per cent of the total inflows. It was trailed by the United a States of America (18 per cent) and The Netherlands (10 per cent). Noteworthy also were Singapore and Switzerland whose inflows increased by 215 per cent and 322.3 per cent, respectively. New inflows also came in from Puerto Rico, Gibraltar, Mauritania, Czech Republic, Ukraine, Marshall Islands, Bulgaria, Seychelles, Tanzania and Austria during the period under review, according to the report. Based on location of investments, Lagos had the highest inflows with capital importation of 97 per cent, distantly followed by Abuja, Cross river, and Ogun states, which had one per cent each, it added. http://www.kikiotolu.com/2017/01/nigeria-capital-inflows-falls-by-4686.html Lalasticlala Mynd44 seun Dominique 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Barmmyshoes(f): 7:46am On Jan 29, 2017 |
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Re: Capital Inflows Into Nigeria Fall By 46.86% by DropShot: 7:48am On Jan 29, 2017 |
OK. Perfect thread for wailing. Make I relax dey enjoy wailings of the wailing-zombies. Btw, it's been a while! 2 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Nobody: 7:48am On Jan 29, 2017 |
The same MMM bashing write-up that made frontpage yesterday, just appeared on frontpage this morning, under a different topic. The mods were swift enough to quickly remove it. But, how did it get there in the first place? 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by hemartins(m): 7:48am On Jan 29, 2017 |
It's obvious, nobody want to invest in Nigeria anymore. 4 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Nobody: 7:48am On Jan 29, 2017 |
I never heard any good news from this government. 6 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Atiku2019: 7:49am On Jan 29, 2017 |
Chai 5 Likes
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Re: Capital Inflows Into Nigeria Fall By 46.86% by Nobody: 7:49am On Jan 29, 2017 |
Who wants to do business in a country with no power, to start with? 6 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Launcher: 7:50am On Jan 29, 2017 |
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Re: Capital Inflows Into Nigeria Fall By 46.86% by veacea: 7:51am On Jan 29, 2017 |
I hope Nigeria is not completely finished or finished completely. 5 Likes
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Re: Capital Inflows Into Nigeria Fall By 46.86% by ednut1(m): 7:51am On Jan 29, 2017 |
Atiku2019:bros how do u sleep at night |
Re: Capital Inflows Into Nigeria Fall By 46.86% by shipnclear: 7:51am On Jan 29, 2017 |
Uhhh... |
Re: Capital Inflows Into Nigeria Fall By 46.86% by JustAwesome: 7:51am On Jan 29, 2017 |
How can we believe this? You just copy and paste anything from bloggers Nairaland and fake news is like 5 and 6 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Bizibi(m): 7:51am On Jan 29, 2017 |
This is not good at all 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by felixtare(m): 7:53am On Jan 29, 2017 |
wat do u xpect wen all d policies of dis government is trial by error 2 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by JustAwesome: 7:53am On Jan 29, 2017 |
holamiday:i noticed it too.... But it seems like what is dead shall never die .... 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by davodyguy: 7:53am On Jan 29, 2017 |
Ekiti360: Take note of the emphasized part. Lagos (Southwest) Abuja (north) Cross River (South South) Ogun State (Southwest) You don't need agitation. Hold your leaders accountable Gov Wike and Gov Fayose noise makers, why is it hard for them to attract investment inflow? How's that small Ogun State doing it? What about the most industrious people, why didn't they attract investment inflow? Something definitely wrong 3 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by CecyAdrian(f): 7:55am On Jan 29, 2017 |
DropShot: Its really been a while! What happened, I missed your opinion on issues here. Nice to have you back #whereis Keneking |
Re: Capital Inflows Into Nigeria Fall By 46.86% by divide9ja: 7:58am On Jan 29, 2017 |
12 Likes 1 Share |
Re: Capital Inflows Into Nigeria Fall By 46.86% by PresidentAtiku(m): 7:59am On Jan 29, 2017 |
Of what essence then is Buharis numerous foreign trips and road shows 4 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by Mouthgag: 7:59am On Jan 29, 2017 |
Re: Capital Inflows Into Nigeria Fall By 46.86% by CecyAdrian(f): 8:02am On Jan 29, 2017 |
davodyguy: They are busy attracting hate filled people to their states so that their common goal of killing the president in the small mindsets will fly 2 Likes |
Re: Capital Inflows Into Nigeria Fall By 46.86% by ipreach: 8:03am On Jan 29, 2017 |
Wet in concern me. |
Re: Capital Inflows Into Nigeria Fall By 46.86% by ReubenE(m): 8:14am On Jan 29, 2017 |
JustAwesome:Even if there is no official endorsement, the report is not far from the reality on ground. 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by TLAX: 8:16am On Jan 29, 2017 |
Ekiti360: From last paragraph, apparently money launderers and corrupt politicians are now repatriating monies stolen in the past. No new monies to steal and they have to maintain their lifestyles till the money runs out, if it ever does. Ofcourse the equitiea market will witness reduced activitiescos most Nigeria money launderers don't invest in equities with these monies. They spend it on luxury goods and invest in night clubs and real estate. 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by CecyAdrian(f): 8:17am On Jan 29, 2017 |
davodyguy: Run to where? that bleached albino is going nowhere, he will pay for all he caused with his careless talks |
Re: Capital Inflows Into Nigeria Fall By 46.86% by TLAX: 8:18am On Jan 29, 2017 |
JustAwesome: Really? Even a deaf man does not wait to be warned that war has broken out. 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by AngelicBeing: 8:20am On Jan 29, 2017 |
Re: Capital Inflows Into Nigeria Fall By 46.86% by INTROVERT(f): 8:20am On Jan 29, 2017 |
Re: Capital Inflows Into Nigeria Fall By 46.86% by DropShot: 8:22am On Jan 29, 2017 |
CecyAdrian:Sadly Nairaland, just like many other social media, has become less engaging for robust discussion. Mostly nowadays, I read news here as a guest. That way, I avoid being dragged into senseless, unrewarding and illogical arguments. I don't have a clue about Keneking. 1 Like |
Re: Capital Inflows Into Nigeria Fall By 46.86% by jiinxed: 8:25am On Jan 29, 2017 |
They should just close down that country. Nothing seems to be working. Everybody should pack their load and go. 1 Like |
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