Capital importation into Nigeria rose to $5.64 billion in the first quarter of 2025, according to new figures released by the National Bureau of Statistics. The figure represents a 67 percent increase year-on-year and a slight rise from Q4 2024.
The surge was driven largely by portfolio investments, which made up over 92 percent of total inflows. Foreign direct investment, however, remained low, contributing just over 2 percent.
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The banking sector attracted the highest inflow, followed by financing and manufacturing.
The United Kingdom was the leading source of capital, followed by South Africa and Mauritius.
In a notable shift, the Federal Capital Territory emerged as the top investment destination for the first time since 2018, drawing $3.04 billion—overtaking Lagos which recorded $2.56 billion.
Standard Chartered Bank led among financial institutions, receiving the largest share of inflows during the quarter.
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