Nigerian Economy Got $16.8bn Investment Inflow In 2018 – NBS |Business News

The National Bureau of Statistics (NBS) has revealed that the Nigerian economy attracted an investment of $16.81bn in 2018.

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This was according to the NBS Capital Importation report for 2018 where it noted that the figure represents an increase of $4.59bn or 37.49 percent when compared to the $12.22bn  in 2017.

It noted that the largest amount of capital importation was gotten through portfolio investment, which accounted for $11.8bn or 70.20 percent of total investment inflow.

This is followed by Other Investment, which amounted to $3.81bn or 22.69 percent of total capital.

Also, Foreign Direct Investment had $1.19bn or 7.11 percent of total capital imported in 2018.