Capital importation into Nigeria’s banking sector surged to over $3.1bn in the first quarter of 2025, according to data released by the National Bureau of Statistics on Tuesday.
NBS data also showed that the manufacturing sector lost $62m in capital importation in the first quarter. The bureau, however, stated that capital importation into Nigeria rose significantly to $5.64bn during the review period, representing a 67.12 per cent increase compared to $3.38bn recorded in the corresponding period of 2024.
The report also showed that capital inflows increased by 10.86 per cent quarter-on-quarter from $5.09bn reported in Q4 2024, indicating a positive trend in foreign investor confidence during the opening months of the year.