Abuja: The National Bureau of Statistics (NBS) reports that Nigeria’s total capital importation amounted to 5642.07 million dollars in the first quarter of 2025.
According to News Agency of Nigeria, the data was released in the Nigeria Capital Importation 2025 first quarter report by NBS. The report highlights a significant increase compared to the same period in 2024, where the figure stood at 3376.01 million dollars, showing a rise of 67.12 percent. Furthermore, when compared to the previous quarter, capital importation saw an increase of 10.86 percent from 5089.16 million dollars in the fourth quarter of 2024.
The report identifies Portfolio Investment as the largest contributor to capital importation, with 5204.61 million dollars, making up 92.25 percent of the total capital imported in the first quarter of 2025. This was followed by Other Investment at 311.17 million dollars, accounting for 5.52 percent, and Foreign Direct Investment, which recorded the least at 126.29 million dollars, representing 2.24 percent.
The banking sector emerged as the highest recipient of capital inflow, receiving 3127.92 million dollars, or 55.44 percent of the total capital imported during this period. This was followed by the Financing sector with 2097.48 million dollars, representing 37.18 percent, and the Production/Manufacturing sector with 129.92 million dollars, accounting for 2.30 percent.
The report further details that the United Kingdom was the top origin of capital, contributing 3681.96 million dollars, which is 65.26 percent of the total capital imported. It was followed by the Republic of South Africa with 501.29 million dollars (8.88 percent) and Mauritius with 394.51 million dollars (6.99 percent).
Among the five states that recorded capital importation, Abuja (FCT) was the leading destination, receiving 3047.45 million dollars, which is 54.11 percent of the total capital. Lagos followed with 2564.68 million dollars (45.44 percent), while Ogun received 7.95 million dollars (0.14 percent). Oyo and Kaduna States recorded 7.81 million dollars and 4.06 million dollars, respectively.
The report also highlights that Standard Chartered Bank Nigeria Ltd attracted the highest capital importation into Nigeria during the review period, with 2103.76 million dollars, accounting for 7.29 percent of the total.
