The total value of capital importation into Nigeria stood at $8,485.49 million in the first quarter of 2019. This represents an increase of 216.03% compared to Q4 2018 and 34.61% increase compared to the first quarter of 2018.

The largest amount of capital importation by type was received through portfolio investment, which accounted for 84.21% ($7,145.98 ) of total capital importation, followed by Other Investment, which accounted for 12.91% ($1,096.15m) of total capital, and the Foreign Direct Investment (FDI), which accounted for 2.86% ($243.36m) of total capital imported in 2019.

By sector, Capital importation by banking dominated Q1 2019 reaching $2,851.07 million of the total capital importation in Q1 2019.

The United Kingdom emerged as the top source of capital investment in Nigeria in Q1 2019 with $4,531.22.99 million. This accounted for 53.40% of the total capital inflow in Q1 2019.

By Destination of Investment, Lagos state emerged as the top destination of capital investment in Nigeria in Q1 2019 with $4,773.26 million. This accounted for 56.25% of the total capital inflow in Q1 2019.

By Bank, Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q1 2019 with $3,606.09 million. This accounted for 42.50% of the total capital inflow in Q1 2019.

SOURCE: https://brandspurng.com/2019/07/02/total-value-of-capital-importation-into-nigeria-stood-at-8-5billion-in-q1-2019/