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DAILY BUSINESS NEWS BRIEF – Capital inflows into Nigeria dropped to $5.51bn in Q2 – NBS



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Capital inflows into Nigeria dropped to $5.51bn in Q2 – NBS
Nigeria recorded a 12.53 decline in capital importation into Nigeria in the second quarter of 2018 to stand at $5.51 billion.A report released yesterday by the National bureau of Statistics (NBS) indicated that the quarter-to-quarter decline was as a result of a decline in Portfolio and Other Investments, which declined by 9.76 per cent and 24.07 per cent respectively.However, the capital inflows into the country in the second quarter translated to a 207.62 per cent increase compared to the second quarter of 2017.Read More…]

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