Foreign capital inflow hits $5.5m in Q2 FDI increases by 5 per cent
Service sector leads as Abuja surpasses Lagos again Mathew Dadiya, Abuja The total value of capital importation into Nigeria from foreign countries stood at $5.513million in the second quarter (Q2) of 2018, indicating a decrease of 12.53% compared to Q1 2018, but a 207.62% increase compared to the second quarter of 2017. https://plus.google.com/+DailytimesNgr/posts
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The decline recorded in the second quarter was as a result of a decline in portfolio and other investments, which declined by 9.76% and 24.07% respectively. According to the National Bureau of Statistics (NBS) in its Q2 report released on Tuesday, the largest amount of capital importation was received Continued on page 3
WEDNESDAY, AUGUST 22, 2018
VOL. 3
NO. 732
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