The Digest:
Nigeria's capital importation soared by 380.16 percent year-on-year to $6.01 billion in the third quarter of 2025, according to the National Bureau of Statistics (NBS) Q3 2025 Capital Importation Report released Monday. The figure also represents a 17.46 percent increase from $5.12 billion recorded in Q2 2025. Portfolio investment dominated inflows at $4.85 billion (80.7 percent), followed by other investments at $864.57 million, while foreign direct investment (FDI) lagged at $296.25 million (4.93 percent). The banking sector attracted the highest inflows ($3.14 billion), with the UK ($2.94 billion), US ($950.47 million), and South Africa ($773.95 million) as top sources. Standard Chartered Bank led receiving institutions with $2.12 billion.
KEY POINTS
- The massive capital inflow surge signals renewed investor confidence in Nigeria's economy.
- It boosts foreign reserves, stabilises the naira, and provides liquidity for banking and finance sectors.
- Portfolio investors gain returns, while the economy benefits from increased foreign participation.
- This reflects successful economic reforms and improved macroeconomic stability.
- The timing, post-reforms, validates policy direction and attracts further investment interest.
Sources: TheCable, NBS Q3 2025 Report
