Nigerian Banks Attract $16.78 Billion in Capital Inflows

Nigerian banks recorded a total of $16.78 billion in capital inflows from January to September 2025, representing a 131.81% increase compared to the $7.236 billion recorded during the same period in 2024. According to the latest capital import report released by the National Bureau of Statistics, foreign portfolio investment accounted for 97% of total capital flow, while foreign direct investment made up 3%.

The capital import for Q3 2025 stood at $6.01 billion, reflecting a sharp increase of 380.16% from the $1.252 billion recorded in Q3 2024. Central Bank of Nigeria Governor Olayemi Cardoso disclosed at the 60th Annual Banker Dinner that Nigeria recorded $20.98 billion in foreign capital inflow within the first ten months of 2025, a 70% increase from 2024.

The banking sector attracted the largest share of inflow in Q3 2025, receiving $3.142 billion, with the United Kingdom being the largest source of investment at $2.935 billion.