Nigeria's capital importation landscape in the third quarter of 2025 saw a significant contribution from the United Kingdom, according to data released by the National Bureau of Statistics (NBS). The NBS report, posted on its X handle on Monday, revealed that the UK emerged as the leading source of capital inflows, totaling $2.94 billion. This represents a substantial 48.80 per cent of the total capital imported into Nigeria during the period.

Following the UK, the United States contributed $950.47 million, accounting for 15.80 per cent of the total. The Republic of South Africa was also a significant player, with $773.95 million, representing 12.87 per cent of the total capital imported. Other notable contributors included Mauritius with $451.46 million and the Netherlands with $282.90 million.

The NBS clarified that the data, sourced from the Central Bank of Nigeria, captures fresh capital entering the economy through commercial banks. It excludes other components of foreign direct investment (FDI), such as reinvested earnings.

According to analysts, the rebound in capital importation during Q3 2025 signals renewed foreign investor appetite, largely driven by short-term portfolio flows into money market instruments and government bonds. However, they caution that the relatively low share of foreign direct investment suggests that long-term, productive capital remains modest compared to more liquid, short-term investments.

This trend underscores Nigeria's growing appeal to portfolio investors. It also highlights the need for policies that attract sustained, long-term investment to fuel economic growth.