Macro Analysis /

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

Research Team

Research Team @ EmergingMarketWatch

15 April 2021

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EmergingMarketWatch

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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

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