Portfolio investment pushed capital import to $5.64bn in Q1
Nigeria recorded a total capital importation of $5.642bn in the first quarter of 2025, the National Bureau of Statistics report has revealed. The report titled Nigeria Capital importation Q1 2025, said this is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5.08bn recorded in Q4 2024. […]
Nigeria recorded a total capital importation of $5.642bn in the first quarter of 2025, the National Bureau of Statistics report has revealed.
The report titled Nigeria Capital importation Q1 2025, said this is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5.08bn recorded in Q4 2024.
The report explained that Portfolio Investment ranked top with $5.20bn, followed by other investments at $311.17m and foreign direct investment stood at $126.29m.
What’s FPI
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Daily Trust reports that FPI involves investors holding financial assets, such as stocks and bonds, in another country to diversify their portfolios.
Unlike direct investments, FPIs generally don’t confer management control over the assets. However, analysts say FPIs
Banking sector recorded the highest inflow with $3.127m , representing 55.44 percent of total capital imported in Q1 2025, followed by the Financing sector, valued at $2097.48m (37.18 percent), and Production/Manufacturing sector with $129.92m (2.30 percent).
“The Banking sector recorded the highest inflow with $3.12bn, representing 55.44 percent of total capital imported in Q1 2025, followed by the Financing sector, valued at $2.09bn (37.18 percent), and Production/ Manufacturing sector with $129.92m (2.30 percent).
“Capital Importation during the reference period originated largely from the United Kingdom with $3.68bn, showing 65.26 percent of the total capital imported. This was followed by the Republic of South Africa with $501.29m (8.88 percent) and Mauritius with $394.51m (6.99 percent).
“Out of the five states that recorded capital importation during the quarter, Abuja (FCT) remained the top destination with $3.04bn, accounting for 54.11 percent of the total capital imported. Lagos State followed with $2.56bn (45.44 percent), and Ogun state with $7.95m (0.14 percent).
“Others were Oyo and Kaduna States with $7.81m and $4.06m respectively. Standard Chartered Bank Nigeria Ltd received the highest capital importation into Nigeria in Q1 2025 with $2.10bn (37.29 percent), followed by Stanbic IBTC Bank PLC with 1.39bn (24.78 percent) and Citibank Nigeria Limited with US$1.05bn (18.66 percent).”