Portfolio Investment dominated Nigeria’s Q1 2025 capital imports, accounting for over 92% of the total

Key Takeaways

  • Nigeria recorded $5.64 billion in total capital importation in Q1 2025.
  • Portfolio investment alone contributed a massive $5.2 billion, 92.3% of total inflows.
  • FDI contributed just $126.29 million, making up only 2.2% of total capital importation.
  • Loans totalled $311.17 million, accounting for 5.5% of the total inflow.

In Q1 2025, Nigeria attracted $5.64 billion in capital inflows, with portfolio investments driving the bulk of the total. At $5.2 billion, they represented 92.3% of the total capital importation, signalling continued short-term investor interest in Nigerian markets, through instruments like equities, bonds, and money market instruments.

Meanwhile, foreign direct investment (FDI) contributed just $126.29 million, reinforcing concerns about limited long-term investment commitments. Other investments, which typically include loans, made up $311.17 million or 5.5%, highlighting modest external financing activities beyond equities and bonds.

Source:

National Bureau of Statistics (NBS)

Period:

Q1 2025
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