The United Kingdom has emerged as the largest source of capital inflows into Nigeria in the third quarter of 2025, according to data released by the National Bureau of Statistics.

The NBS reported that inflows from the UK totaled $2.94 billion, which represented 48.80 per cent of the total capital imported during the quarter.

The United States ranked second with $950.47 million, accounting for 15.80 per cent of the total inflows.

The Republic of South Africa came third with $773.95 million, contributing 12.87 per cent.

Other significant contributors included Mauritius with $451.46 million and the Netherlands with $282.90 million.

The figures were sourced from the Central Bank of Nigeria and capture fresh capital entering the economy through commercial banks.

These inflows exclude other components of foreign direct investment, such as reinvested earnings.

The strong performance in Q3 2025 reflects a rebound in capital importation, driven mainly by short-term portfolio flows into money market instruments and government bonds.

Analysts have noted that the relatively low share of foreign direct investment indicates that long-term, productive capital remains modest compared to more liquid, short-term investments.

The development underscores Nigeria’s increasing attractiveness to portfolio investors.

It also highlights the need for policies aimed at attracting sustained, long-term investment to support broader economic growth.