Capital importation in Nigeria 2023, by leading banks

Published by
Doris Dokua Sasu,
Nov 7, 2023
As of the second quarter of 2023, the First City Monument Bank Plc was the main bank facilitating capital imported into Nigeria. The financial institution accounted for around 323 million U.S. dollars of the investment capital that quarter, followed by Citibank Nigeria Limited with some 188 million U.S. dollars. In 2021, a total capital importation of 6.7 billion U.S. dollars was registered in the country.

Distribution of main banks in Nigeria for capital importation as of 2nd quarter 2023 (in million U.S. dollars)

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Release date

October 2023

Region

Nigeria

Survey time period

Q2 2023

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