The value of total foreign investments into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). This is contained in the National Bureau of Statistics (NBS)

Capital Importation report for Q1’19 released yesterday. The report said: “The total value of capital importation into Nigeria stood at $8.485 billion 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 percent ($7.1 billion) of total capital importation, followed by heading captured as ‘Other Investment’, which accounted for 12.91 percent ($1.1 billion) of total capital, and then Foreign Direct Investment, FDI, which accounted for 2.86 percent ($243.36million) of total capital imported in Q1’19.

By sector, Capital importation by banking dominated Q1’19 reaching $2.9 billion of the total capital importation in Q1’19. The United Kingdom emerged as the top source of capital investment in Nigeria in Q1’19 with $4.5 billion. This accounted for 53.40 percent of the total capital inflow in Q1’19. By Destination of Investment, Lagos state continued to emerge as the top destination of capital investment in Nigeria in Q1’19 with $4.8 billion, accounting for 56.25 percent of the total capital inflow in Q1’19. By Bank, Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q1’19 with $3.6billion, accounting for 42.5 percent of the total capital inflow in Q1’19.”

https://www.vanguardngr.com/2019/07/foreign-investments-into-nigeria-rise-by-34-in-q119/

Where the useless foreign investment enter way we no see am?

While others may say otherwise, I see hope, development, peace, unity and progress in Nigeria.

It may not seem like it, but Nigeria will overcome its challenges with persistence and collective efforts.

TANTUMERGO007:
Where the useless foreign investment enter way we no see am?

All wailers only like bad news about Nigeria. If Vanguard had reported a 34% loss, you would have believed and get excited too.

TANTUMERGO007:
Where the useless foreign investment enter way we no see am?

Some people ask; where are the FG achievements? Well, if wailers and children of hate and perdition are of such mindset, unfortunately they can't be helped. We don't have the authority to mix spittle with clay, put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing. Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see. If he decides to be willfully deaf, even if there are thunder peals by his ears, he won't hear.
Enemies of the country will be blind and deaf forever.
No be curse,
Na fact!

HimName:


My brother, you are a patriot.

You can only wake a man who is sleeping, not the one pretending to be.

That is so true!
God bless you sir.

netpro:


All wailers only like bad news about Nigeria. If Vanguard had reported a 34% loss, you would have believed and get excited too.

Lol .
You know them too bro.
Wailers are something else.

They will never escape all the bad and negative news they pray for our darling nation, it will begin at their doorsteps.

No be curse,
na fact!

Yinmu...I guess that's another name for something bad

fools playing with numbers. when a data drops consistently by double digits per quarter for years, and suddenly rises by 34%, we should start shouting hurrah fa? thunder fire your propaganda

I pray that common man feels the impact of this as the huge gap between the rich and the poor keeps expanding.

Meanwhile

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Na lie. Which foreigner want invest for this shytehole.

ayokellany:
The value of total foreign investments into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). This is contained in the National Bureau of Statistics (NBS)

Capital Importation report for Q1’19 released yesterday. The report said: “The total value of capital importation into Nigeria stood at $8.485 billion 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 percent ($7.1 billion) of total capital importation, followed by heading captured as ‘Other Investment’, which accounted for 12.91 percent ($1.1 billion) of total capital, and then Foreign Direct Investment, FDI, which accounted for 2.86 percent ($243.36million) of total capital imported in Q1’19.

By sector, Capital importation by banking dominated Q1’19 reaching $2.9 billion of the total capital importation in Q1’19. The United Kingdom emerged as the top source of capital investment in Nigeria in Q1’19 with $4.5 billion. This accounted for 53.40 percent of the total capital inflow in Q1’19. By Destination of Investment, Lagos state continued to emerge as the top destination of capital investment in Nigeria in Q1’19 with $4.8 billion, accounting for 56.25 percent of the total capital inflow in Q1’19. By Bank, Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q1’19 with $3.6billion, accounting for 42.5 percent of the total capital inflow in Q1’19.”

https://www.vanguardngr.com/2019/07/foreign-investments-into-nigeria-rise-by-34-in-q119/

If 84% ($7.1 billion) of the capital importation was portfolio investment, how come this is not reflected on the stock market? $7 billion contribution to the stock market in Q1 should have had a positive effect,... what happened? The market is still experiencing its lackluster performance since last year. Let the propaganda continue.

courage89:


If 84% ($7.1 billion) of the capital importation was portfolio investment, how come this is not reflected on the stock market? $7 billion contribution to the stock market in Q1 should have had a positive effect,... what happened? The market is still experiencing its lackluster performance since last year. Let the propaganda continue.

My guess would be the bulk of it was in bonds and Treasury bills.

It's a shame that only 3% was for FDI.

courage89:


If 84% ($7.1 billion) of the capital importation was portfolio investment, how come this is not reflected on the stock market? $7 billion contribution to the stock market in Q1 should have had a positive effect,... what happened? The market is still experiencing its lackluster performance since last year. Let the propaganda continue.

pls Google vanguardngr.com phone # to make your complain/wailing known in case you can not reach Buhari in Abuja.

Children of hate wont like this news. Watch as they will gather here to discredit this achievement.

I jus hope dis is not fake news or scam like minimum wage ooo....

netpro:
While others may say otherwise, I see hope, development, peace, unity and progress in Nigeria.

It may not seem like it, but Nigeria will overcome its challenges with persistence and collective efforts.

Its good to be optimistic and at the same time realistic.





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.

Bossontop:
I jus hope dis is not fake news ooo....

Because it is something positive. But it been a bad thing, you will be all over the place dancing azonto.

"Where did the investments go" ? You see poor answers from zombies complaining about wailers, no cogent or reasonable reply from any one of them, in other words they too do not know.

Good news

Stories

ayokellany:
The value of total foreign investments into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). This is contained in the National Bureau of Statistics (NBS)

Capital Importation report for Q1’19 released yesterday. The report said: “The total value of capital importation into Nigeria stood at $8.485 billion 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 percent ($7.1 billion) of total capital importation, followed by heading captured as ‘Other Investment’, which accounted for 12.91 percent ($1.1 billion) of total capital, and then Foreign Direct Investment, FDI, which accounted for 2.86 percent ($243.36million) of total capital imported in Q1’19.

By sector, Capital importation by banking dominated Q1’19 reaching $2.9 billion of the total capital importation in Q1’19. The United Kingdom emerged as the top source of capital investment in Nigeria in Q1’19 with $4.5 billion. This accounted for 53.40 percent of the total capital inflow in Q1’19. By Destination of Investment, Lagos state continued to emerge as the top destination of capital investment in Nigeria in Q1’19 with $4.8 billion, accounting for 56.25 percent of the total capital inflow in Q1’19. By Bank, Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q1’19 with $3.6billion, accounting for 42.5 percent of the total capital inflow in Q1’19.”

https://www.vanguardngr.com/2019/07/foreign-investments-into-nigeria-rise-by-34-in-q119/

Banks equals to debts and loans for our grossly indebted country already

trueking:
"Where did the investments go" ? You see poor answers from zombies complaining about wailers, no cogent or reasonable reply from any one of them, in other words they too do not know.

They can't know because they are blind followers of a blind leader who has no vision for the future or even the present for that matter.
Terrible!!!


www.nairaland.com/attachments/3927877_abomination_jpg7ee5ae85adb00c529d579a4bd60db36f

AZeD1:
My guess would be the bulk of it was in bonds and Treasury bills.

It's a shame that only 3% was for FDI.

Which are debts by every measure except in the name

This govt of bubu na scam if u know u know but d ewedu brain zombies bliv dis rubbish

ayokellany:

1. The largest amount of capital importation by type was received through Portfolio Investment, which accounted for 84.21 percent ($7.1 billion) of total capital importation, followed by heading captured as ‘Other Investment’, which accounted for 12.91 percent ($1.1 billion) of total capital, and then Foreign Direct Investment, FDI, which accounted for 2.86 percent ($243.36million) of total capital imported in Q1’19.

2. The United Kingdom emerged as the top source of capital investment in Nigeria in Q1’19 with $4.5 billion.

3. By Destination of Investment, Lagos state continued to emerge as the top destination of capital investment in Nigeria in Q1’19 with $4.8 billion, accounting for 56.25 percent of the total capital inflow in Q1’19. By Bank, Stanbic IBTC Bank Plc emerged at the top of capital investment in Nigeria in Q1’19 with $3.6billion, accounting for 42.5 percent of the total capital inflow in Q1’19.”

https://www.vanguardngr.com/2019/07/foreign-investments-into-nigeria-rise-by-34-in-q119/

Hmmm! The British are damn smart. And I think this is more of Jagaban's network. Of course, Buhari has no clue of what to do with the economy as he is a real disaster to Nigeria. No wonder the British prime Minister spent more than in Lagos when he came.

But to me it is not good news. We need more factories opened. We must stsrt producing. And it is power disturbing us. We need real cash tied down in Nigeria and not gimmicks. Well, it is not a bad start. Hopefully this regime rolls out fast so that Buhari and his men can go sleep.

Most people making comments do not understand the figures and cannot interprete them. Too many illiterates in this country. Just shaking my head with the comments above.

dgitrader:
fools playing with numbers. when a data drops consistently by double digits per quarter for years, and suddenly rises by 34%, we should start shouting hurrah fa? thunder fire your propaganda

www.nairaland.com/attachments/3356469_screenshot20160131120000_jpeg639beaec46d4ced684f639998a489af2

MTN