Macro Analysis /
Nigeria

Nigeria: Imported capital more than doubles m/m to USD 865mn in February

    Research Team
    EmergingMarketWatch
    15 April 2021
    • Sharp m/m increase in February driven by portfolio inflows into money market instruments, loans
    • Most foreign investors left local markets in Mar 2020, some foreign investors were trapped due to lack of FX
    • Global uncertainty and Nigeria's vulnerability to external shocks have kept foreign investors away since March