Nigeria’s capital importation declines by 32.90% to $1.03bn

Nigeria witnessed a decline in total capital importation, dropping to $1.03 billion from $1.5 billion in Q2 2022, marking a 32.90 per cent decrease, according to the National Bureau of Statistics.

The NBS’ report also revealed a 9.04 per cent decrease from the $1.13 billion recorded in Q1.

Capital importation means all the money or investment from foreign countries into Nigeria’s economy.