• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria’s Capital Inflow Hits $1.535bn In Q2 – NBS

by Bukola Idowu
3 years ago
in Business
NBS
Share on WhatsAppShare on FacebookShare on XTelegram

Total value of capital importation into Nigeria in the second quarter of 2022 has increased to $1.53535 billion from $875.62 million in the corresponding quarter of 2021, showing an increase of 75.34 per cent.

Advertisement

The National Bureau of Statistics (NBS) data reveals when compared to the preceding quarter, capital importation decreased by 2.40 per cent from $1.57314 billion.

The largest amount of capital importation was received through Portfolio Investment, which accounted for 49.33 per cent amounting to $757.32 million.

This was followed by Other Investment with 41.09 per cent or $630.87 million and Foreign Direct Investment (FDI) accounted for 9.58 per cent or $147.16 million of total capital imported in Q2 2022. Disaggregated by sectors, capital importation into banking had the highest inflow of $646.36 million amounting to 42.10 per cent of total capital imported in the second quarter of 2022.

This was followed by capital imported into the production sector, valued at $233.99 million or 15.24 per cent, and the financing sector with $197.31 million or 12.85 per cent. Capital Importation by Country of Origin reveals that the United Kingdom ranked top as the source of capital imported into Nigeria in the second quarter of 2022 with a value of $781.05 million, accounting for 50.87 per cent.

RELATED

Dangote Cement

Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

2 hours ago
Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

2 hours ago

This was followed by Singapore and the Republic of South Africa valued at $138.58 million  or 9.03 per cent and $122.26 million or 7.96 per cent respectively.

By Destination of Investment, Lagos state remained the top destination in Q2 2022 with $1,054.18 million, accounting for 68.66 per cent of total capital investment into Nigeria. This was followed by investment into Abuja (FCT), valued at $453.95 million (29.57 per cent).

Categorisation of Capital Importation by Bank shows that Citibank Nigeria Limited ranked highest in Q2 2022 with $450.94 million (29.37 per cent). This was followed by Standard Chartered Bank Nigeria Limited with US$323.24 million (21.05 per cent) and Stanbic IBTC Bank Plc with US$163.92 (10.68 per cent).


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

Unequal Petroleum Products Pricing Wrecks Businesses Despite Subsidy Payment

Next Post

NAICOM Denies Wrongdoing In N4bn Building Purchase

Bukola Idowu

Bukola Idowu

You May Like

Dangote Cement
Business

Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

2025/07/29
Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA
Business

Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

2025/07/29
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Market Opens Week Bullish With N400bn Gain

2025/07/29
MONEY MARKET: Assessing MPC’s Interest Rate Hike To Address Inflation
Business

Inflation: MAN Demands Interest Rate Cut

2025/07/29
Lufthansa’s Offload Of Passengers, Luggage Unrelated To Shorter Runway – Airport Official
Business

Lufthansa’s Offload Of Passengers, Luggage Unrelated To Shorter Runway – Airport Official

2025/07/29
air peace
Business

Air Peace Hosts Leadership, Customers’ Retreat For Management Team

2025/07/29
Leadership Conference advertisement

LATEST

Zulum Flags Off Distribution Of Palliatives To 57,647 Families In Borno

Firm Unveils Indigenous Mortgage System In Lagos

Delta Gov’t Assures CNG Filling Station Projects On Course

HYPREP To Deepen Collaboration With Stakeholders On Ogoni-Cleanup

Police Arrest Notorious Armed Robbery Suspect, 14 Others In Kano

Presidency Defends Falcons’ Reward, Cites BBNaija ₦150m Prize

Katsina Gov’t Begins Free Treatment Of Typhoid For Residents

JUST-IN: Okpebholo Suspends Aide, Sacks EDOFEWMA Boss

Why Gombe Tops Ease Of Doing Business – Commissioner

APC Governors Condole With Gov Radda After Road Accident

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.