Foreign inflows into Nigeria surge to $5.64bn in Q1 2025, powered by portfolio investments — NBS

Share:

Nigeria’s capital importation surged by 67% in Q1 2025 to $5.64bn, with portfolio investment contributing over 92%, the National Bureau of Statistics (NBS) reports.

Capital inflows into Nigeria rose sharply to $5.64 billion in Q1 2025, marking a 67.12% increase from $3.38 billion recorded in the same period of 2024, according to the National Bureau of Statistics (NBS). This also reflects a 10.86% increase from Q4 2024.

“In Q1 2025, total capital importation into Nigeria stood at US$5642.07 million,” the NBS said, adding that portfolio investment accounted for 92.25% of the total, followed by other investment (5.52%) and Foreign Direct Investment (2.24%).

The banking sector led with $3.1 billion (55.44%), followed by financing ($2.09 billion). The United Kingdom remained the top source with $3.68 billion, while Abuja and Lagos were the leading destinations.

“Abuja (FCT) recorded $3.04 billion, accounting for 54.11%, followed by Lagos with $2.56 billion,” the NBS noted.

Standard Chartered Bank, Stanbic IBTC, and Citibank received the highest inflows, with $2.1 billion, $1.4 billion, and $1.05 billion respectively.

READ MORE AT NAIRAMETRICS

Join Our Community to get Live Updates

Leave a Comment

We would like to keep you updated with special notifications.

×