The National Bureau of Statistics, NBS, says total capital importation in Nigeria stood at 5642.07 million dollars in the first quarter of 2025.
The NBS said this in its Nigeria Capital Importation 2025 first quarter report released in Abuja.
The report said that the first quarter figure was higher than the 3376.01 million dollars recorded in the same period in 2024, indicating an increase of 67.12 percent.
“When compared to the preceding quarter, capital importation increased by 10.86 percent from 5089.16 million dollars in the fourth quarter of 2024.
It added that the largest capital importation during the period was received from portfolio investment at 5204.61 million dollars, which accounted for 92.25 percent of total capital imported in the first quarter of 2025.
The report said this was followed by other Investment with 311.17 million dollars, accounting for 5.52 percent, while foreign direct investment recorded the least with 126.29 million dollars, accounting for 2.24 percent of total capital importation in the quarter.
It said the banking sector recorded the highest inflow with 3127.92 million dollars, representing 55.44 percent of the total capital imported within the period.
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This was followed by the financing sector at 2097.48 million dollars, representing 37.18 per cent, and the Production/Manufacturing sector with 129.92 million dollars, representing 2.30 percent.
The report said that capital importation by country of origin revealed that capital from the United Kingdom ranked top with 3681.96 million dollars, accounting for 65.26 percent of the total capital imported.
This was followed by the Republic of South Africa with 501.29 million dollars (8.88 per cent) and Mauritius with 394.51 million dollars (6.99 percent).
It added that out of the five states that recorded capital importation during the quarter, Abuja remained the top destination with 3047.45 million dollars, accounting for 54.11 percent of the total capital imported.
This was followed by Lagos with 2564.68 million (45.44 percent) and Ogun with 7.95million dollars (0.14 percent).
Others were Oyo and Kaduna states, with 7.81 million doors and 4.06 million dollars, respectively.
The report further said that Standard Chartered Bank Nigeria Ltd. received the highest capital importation into Nigeria within the period under review, with 2103.76 million dollars, accounting for 7.29 percent.
This was followed by Stanbic IBTC Bank PLC with 1398.38 million dollars (24.78 percent) and Citibank Nigeria Limited with 1052.63 (18.66 percent).
