NBS Says Abuja Ahead Of Lagos As Nigeria’s Top Foreign Investment Destination In Q1 2025

National Bureau of Statistics (NBS) Abuja has disclosed that the Federal Capital Territory, ahead Lagos State as Nigeria’s top foreign investment destination in quarter one 2025.
This comes as capital inflows into Nigeria surged by 67.12 percent to $5.6 billion in the first quarter of 2025 compared to $3.4 billion recorded in the same period of 2024.
The NBS, which disclosed this disclosed this in its latest report titled ‘Nigeria Capital Importation Q1 2025, said  the capital inflow surge reflects a 10.86 percent 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.
The report indicated that portfolio investment ranked top with $5.2 billion, accounting for 92.25 percent, followed by other investment with $311.17 million, accounting for 5.52 percent.
NBS noted that two Nigerian states, the Federal Capital Territory and Lagos, received the highest amount of capital importation in Q1 2025.
“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 percent of the total capital imported. Lagos State followed with US$2564.68 million (45.44 percent), and Ogun State with US$7.95 million (0.14 percent).
“Others were Oyo and Kaduna States with US$7.81 million and 4.06 million, respectively,” the NBS report stated.