By Mariyah Adamu, Abuja
Federal Capital Territory, FCT, Abuja has emerged as Nigeria’s top foreign investment destination in quarter one 2025 with US$3047.45 million, according to National Bureau of Statistics, NBS, latest report titled ‘Nigeria Capital Importation Q1 2025.’
The Federal Capital Territory and Lagos, received the highest amount of capital importation in Q1 2025, it added.
The report released yesterday highlighted that “Out of the five states that recorded capital importation during the quarter, Abuja ,FCT, remained the top destination with US$3047.45 million, accounting for 54.11% of the total capital imported. Lagos State followed with US$2564.68 million ,45.44%, and Ogun State with US$7.95 million ,0.14%.
“Others were Oyo and Kaduna States with US$7.81 million and 4.06 million, respectively”.
Capital inflows into the country the NBS noted rose by 67.12% to $5.6 billion in the first quarter of 2025 compared to $3.4 billion recorded in the same period of 2024.
According to NBS, the capital inflow surge reflects a 10.86% rise from the $5.1 billion reported in the fourth quarter of 2024.
“In Q1 2025, total capital importation into Nigeria stood at US$5642.07 million, higher than the US$3376.01 million recorded in Q1 2024, indicating an increase of 67.12%. In comparison to the preceding quarter, capital importation increased by 10.86% from US$5089.16 million in Q4 2024″, the report stated.
Pointing out that portfolio investment ranked top with $5.2 billion, accounting for 92.25%, followed by other investment with $311.17 million, accounting for 5.52%.
AljazirahNigeria recalls that the National Bureau Statistics had in 2019 revealed that Lagos and Abuja are Nigeria’s biggest destinations of foreign capital inflows.
The two destinations received $8.35 billion out of the entire $8.48 billion in the first quarter of 2019, representing about 98% of Nigeria’s total capital inflow.
