Investors in the United Kingdom ere the highest contributors to the country’s foreign capital in the first quarter of 2025, with a contribution of N5.52 trillion in the review period.
According to data in the latest Capital Importation report from the National Bureau of Statistics, the UK’s contribution accounted for over 65 per cent of total inflows.
The data revealed that capital from the UK rose to $3.68 billion (N5.52tn at N1,500/$) in Q1 2025, representing 65.26 per cent of the $5.64 billion total for the quarter. This marked a 29.2 per cent increase from the $2.85 billion recorded in Q4 2024 and a 103.9 per cent jump from the $1.81 billion in Q1 2024.
Overall, capital importation into Nigeria stood at $5.64 billion in Q1 2025, up 10.9 per cent from $5.09 billion in the previous quarter and 67.1 per cent higher than the $3.38 vrecorded in the same period of 2024.
“Capital Importation during the reference period originated largely from the United Kingdom with $3,681.96m, showing 65.26 per cent of the total capital imported,” the report read.
Meanwhile, South Africa was the second-largest source of capital in Q1 2025, with $501.29 million, or 8.88 per cent of the total, up 10.2 per cent from $454.94 million in Q4 2024 but down 14 per cent compared to the $582.34 million recorded a year earlier, followed by Mauritius, with a contribution of $394.51 million in the quarter, accounting for 6.99 per cent of inflows — more than double the $182.40 million it recorded in Q4 2024 and up 119.5 per cent from $179.62 milion in the same period last year.
The United States contributed $368.92 million, or 6.54 per cent of the total while the United Arab Emirates contributed $301.72m, representing 5.35 per cent of total inflows.
