January 28, 2022/Coronation Research

Coronation Economic Note

The National Bureau of Statistics (NBS) has released its latest report on capital importation for Q3 ’21. The data was obtained from the CBN and compiled using information on banking transactions from all registered financial institutions in Nigeria.

The total value of capital imported in Q3 ‘21 was estimated at USD1.7bn, representing a rise of 98% q/q and 18% y/y. The data are gross, and not adjusted for capital exports.

For the full economic note, please click here.