Nigerian Capital Market Update

Macroeconomic Overview (2/3) As of Q1 2023, total capital importation declined by 28% to $1.1m relative to $1.5m as of Q1 2022 Distribution of total capital importation in 2022 (In $'millions) 2419, 45% Foreign portfolio investment trend, 2018 – March 2023 - $16 $14 13.4 $12 27.9% $10 468,9% $ Billions 8.5 $8 2.45 3.4 $6 4.2 $4 2.4 2.6 1.9 0.22 $2 0.98 1.41 1 Foreign Portfolio Investments 1 0.8 2442, 46% 0.6 0.2 0.2 0.06 0.3 0.13 ☐ Foreign Direct Investment $0 ■ Other Investments 2018 2019 2020 2021 2022 Q1 2023 The Nigerian Capital Market Update PwC Source: National Bureau of Statistics Equity Bond ■Money market August 2023 5

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