Foreign capital inflows into Nigeria surged by 67.12% year-on-year within the first quarter of 2025 (Q1’25), reaching $5.642 billion in comparison with $3.376 billion recorded in Q1’24, in response to the newest report launched by the National Bureau of Statistics (NBS).
The NBS Nigeria Capital Importation (Q1 2025) report highlights a pointy uptick in investor confidence, with Portfolio Investment rising because the dominant part, accounting for $5.2 billion or 92.25% of complete inflows. This was adopted by Other Investment, which contributed $311.17 million (5.52%), whereas Foreign Direct Investment (FDI) trailed with $126.29 million (2.24%).
On a quarter-on-quarter foundation, capital importation rose by 10.86%, up from $5.089 billion in This autumn 2024, signalling a gradual upward pattern in international funding inflows into the nation.
The Banking sector attracted the very best funding through the interval, with inflows totaling $3.127 billion, representing 55.44% of the general capital importation. The Financing sector adopted with $2.097 billion (37.18%), whereas Production/Manufacturing obtained $129.92 million (2.30%).
In phrases of nation of origin, the United Kingdom led the pack, contributing $3.68 billion or 65.26% of the full capital imported into Nigeria. South Africa and Mauritius adopted with $501.29 million (8.88%) and $394.51 million (6.99%) respectively.
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Geographically, the Federal Capital Territory (Abuja) was the highest funding vacation spot, attracting $3.047 billion, which represents 54.11% of complete capital inflows. Lagos State adopted carefully with $2.564 billion (45.44%). Other states that recorded capital importation embrace Ogun ($7.95 million), Oyo ($7.81 million), and Kaduna ($4.06 million).
Analysts counsel that the overwhelming dominance of portfolio funding—sometimes short-term in nature—underscores the necessity for insurance policies that stimulate long-term capital reminiscent of FDI, which stays critically low.
As Nigeria continues to courtroom international traders, stakeholders emphasize the significance of enhancing macroeconomic stability, easing enterprise rules, and strengthening safety to maintain and develop capital inflows.
