The National Bureau of Statistics (NBS) on Tuesday said the total capital importation into Nigeria in the first quarter of 2025 rose by 67.12% in one year.
According to its document titled, ‘Nigeria Capital Importation Q1 2025″, NBS disclosed that the importation rose to $5.642 billion in Q1 2025 from the N3.376billion recorded in Q1 2024.
The report said, ‘In Q1 2025, total capital importation into Nigeria stood at US$5.642.07 billion, higher than US$3.376.01 billion recorded in Q1 2024, indicating an increase of 67.12 %.
In comparison to the preceding quarter, according to the report, capital importation increased by 10.86% from US$5.089.16 billion in Q4 2024. Read the Q1 2025 Capital Importation.
Of the total investments, Portfolio Investment ranked top with $5.204 billion, followed by other investments at $311.17 million, and foreign direct investment stood at $126.29 million.
The highest inflow went to the banking sector with $3.127 billion, representing 55.44 percent of total capital imported in Q1 2025, followed by the Financing sector, valued at $2097.48million (37.18%), and the Production/Manufacturing sector with $129.92 million (2.30%).
The report showed that capital importation during the reference period originated largely from the United Kingdom with $3.681 billion, which is 65.26 percent of the total capital imported.
This was followed by the Republic of South Africa with $501.29 million (8.88 percent) and Mauritius with US$394.51 million (6.99 percent).
Out of the five states that recorded capital importation during the quarter, Abuja (FCT) remained the top destination with $3.047 billion, accounting for 54.11 percent of the total capital imported. Lagos State followed with $2.564 billion (45.44 percent), and Ogun State with $7.95million (0.14 percent). Others were Oyo and Kaduna States with $7.81 million and 4.06 million, respectively.
Standard Chartered Bank Nigeria Ltd received the highest capital importation into Nigeria in Q1 2025 with $2.103 billion, followed by Stanbic IBTC Bank PLC with $1.398 billion and Citibank Nigeria Limited with $1.052 billion.
