NSEASI advanced 2.5% in August outperforming the 0.9% gain in July and the 3.1% loss in June.
The United Kingdom emerged as the top source of capital investment to Nigeria in Q2 2020.
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
Exchange rate faced significant pressure due to declining external reserves and falling crude oil prices.
Nigeria received $5.85 billion capital importation (inflows) in the first quarter (Q1) of 2020, compared to $8.51 billion in Q1 2019.
IMF calls on Nigerian government over Naira defense
The sum of $5.51 billion was the value of total capital imported into Nigeria in Q2 2018.
The table below contains Capital importation into Nigeria by sector from the first quarter of 2014 to the second quarter of 2018
FDI stood at $246.2 million in Q1 2018. FDI fell by 34.83% from previous quarter. FPI stood at $4,565.09 million in Q1 2018 FPI grew by 31.1%...