Money market instruments dominate over 80% of Nigeria’s $5.2B portfolio investment in Q1 2025

Key Takeaways

  • Nigeria attracted $5.2 billion in portfolio inflows in Q1 2025, making up 92.3% of all capital importation.
  • With $4.2 billion, money market instruments accounted for a dominant 80.9% of portfolio investments.
  • Bonds contributed $877.4 million, roughly 16.8% of portfolio inflows.
  • Equities saw the smallest share, at $117.3 million or just 2.3% of portfolio capital inflows.

Nigeria’s portfolio investment landscape in Q1 2025 was overwhelmingly dominated by money market instruments, which pulled in $4.2 billion, representing 81% of the total $5.2 billion in portfolio investment. This suggests investors are prioritising short-term, low-risk financial instruments in response to domestic and global uncertainties.

Bond investments followed, with $877.4 million (16.8%), indicating a moderate appetite for medium-term exposure. Meanwhile, equity investments contributed only $117.33 million (2.3%), underscoring weak investor confidence in the Nigerian stock market or preference for more liquid options.

Source:

NBS

Period:

Q1 2025
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