- Portfolio investments led with 95.09%
The National Bureau of Statistics (NBS) says Nigeria’s total capital importation rose to $10.37 billion in the first quarter (Q1) of 2026.
The figure represents an 83.83 percent increase compared to the $5.64 billion recorded in the corresponding period of 2025.
In its latest capital importation report released on Monday, the NBS said the figure also represents a 60.97 percent increase from the $6.44 billion recorded in the fourth quarter (Q4) of 2025.
Analysis of the data indicates continued growth in foreign capital inflows into the country, driven largely by portfolio investments. According to the report, portfolio investment accounted for the largest share of capital imported during the quarter, with inflows of $9.86 billion, representing 95.09 percent of the total.
The bureau said other investments stood at $374.48 million, accounting for 3.61 percent, while foreign direct investment (FDI) recorded the lowest inflow at $135.08 million, representing 1.30 percent of total capital importation.
BANKING SECTOR ATTRACTS HIGHEST INFLOWS
The report said the banking sector attracted the highest volume of capital during the period, receiving $7.55 billion or 72.79 percent of total inflows.
This was followed by the financial sector at $2.43 billion, representing 23.42 percent, while the production and manufacturing sector accounted for $152.27 million or 1.47 percent.
Other sectors that received inflows during the quarter include telecommunications ($7.2 million), shares ($75.3 million), trading ($65.7 million), and information and technology ($11.3 million).
UK TOPS NIGERIA’S FOREIGN CAPITAL SOURCE IN Q1
The statistics agency also said the United Kingdom (UK) emerged as the largest source of capital inflows into Nigeria during the quarter, contributing $5.08 billion, equivalent to 49.01 percent of the total inflows.
The United States (US) followed with $3.18 billion, accounting for 30.69 percent, while South Africa contributed $983.83 million, representing 9.49 percent.
Other top sources include the United Arab Emirates ($194.51 million) and Mauritius ($390.07 million), the NBS said.
STANDARD CHARTERED LEADS BANKS
According to the bureau; Standard Chartered Bank Nigeria Limited led the banking sector.
The bank received the highest capital inflow, accounting for $4.41 billion or 42.56 percent of the total capital imported during the quarter.
Stanbic IBTC Bank Plc followed with $2.78 billion, representing 26.79 percent, while Rand Merchant Bank received $930.82 million, accounting for 8.97 percent.
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