logo

NBS: Value of capital importation down 48.2% IN Q3’18

PUBLISHED: Thu, 13 Dec 2018 13:54:36 GMT

Share

Nigeria’s National Bureau of Statistics says the total value of capital importation into the country was down 48.2 per cent to $2.85 billion in the third quarter of the year. The NBS further disclosed that the largest amount of capital importation by type was received through portfolio investment. Winston Osuchukwu, Co-founder Trans-Sahara Incorporated joins CNBC Africa to break down the report.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED