The National Bureau of Statistics (NBS) said the total value of capital import into Nigeria was at $ 16.81 billion in 2018 compared to $ 12.22 billion capital in 2017.
The NBS released this year in the Nigerian Capital Import for Fourth Quarter and Full Year, 2018 report posted on its website.
According to the report, the figures represent 37.49 per cent growth year-on-year.
Meanwhile, the office said Nigeria recorded a decline in the total value of capital imports into the country in the fourth quarter, 2018 which stood at $ 2.14 billion.
It added that the total capital value represents a decrease of 25.05 per cent compared to third quarter, 2018 and 60.24 per cent, compared to the fourth quarter of 2017.
Capital Import can be divided into three main types: Foreign Direct Investments (FDIs), Portfolio Investments and Other Investments.
The largest amount of capital is invested through portfolio investments, which accounted for 70.20 per cent ($ 11.80 billion) of total capital import.
This was followed by Other Investments, which accounted for 22.69 per cent ($ 3.81 trillion) of total capital and FDI which accounted for 7.11 per cent ($ 1.19 trillion) of total capital imported in 2018.
By sector, Capital import by shares, which is closely related to Equity investment (FDI and Portfolio Investment) dominated 2018 reaching 10,425.18 dollars of the total capital Import in 2018.
The UK emerged as the top source of investment capital in Nigeria the year under review with 6.01billion dollars investment.
This accounted for 35.74 per cent of the total capital inflow in 2018.
The second on the list of top 10 was the US, with capital investment of $ 3.57 billion.
This was followed by South Africa with the capital investment of $ 1.15 billion in the year under review.