Nigerias capital importation drops by 77.8% in Q2 – NBS

Capital importation into the country declined by 77.8 percent in the second quarter of 2020, a new report by the National Bureau of Statistics (NBS) has shown. The total capital imported into the country in the second quarter stood at $1.29 billion, down from $5.85 billion in the first quarter. This figure represents the lowest recorded since the first quarter of 2017 when the total capital imported stood at $908 million. Only six states out of 36 states and the federal capital territory (FCT), received capital investments in Q2 2020.…

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