Connect with us

Hi, what are you looking for?

News

Nigeria’s Banks Flooded with $13.53bn Foreign Cash in 2025 – Recapitalisation Boom Exposed!

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a 93.25 per cent increase from $7.00 billion recorded in 2024.

Nigeria's Banks Flooded with $13.53bn Foreign Cash in 2025 – Recapitalisation Boom Exposed!

CBN

The surge comes as banks intensify capital raising efforts ahead of the Central Bank of Nigeria (CBN) recapitalization deadline.

Data from the National Bureau of Statistics (NBS) shows the banking sector remained the largest destination for foreign capital, accounting for 58.26 per cent of total inflows in 2025, up from 56.81 per cent in 2024.

A breakdown of the figures indicates steady growth across all quarters, reflecting sustained investor participation throughout the year.

In Q1 2025, inflows stood at $3.13 billion, rising from $2.07 billion in Q1 2024. The momentum continued in Q2 with $3.41 billion, compared to $1.12 billion a year earlier.

In Q3, inflows reached $3.14 billion, significantly higher than $579.48 million recorded in the same period of 2024, while Q4 saw inflows increase to $3.85 billion from $3.23 billion.

The trend suggests that capital raising efforts were sustained throughout the year, aligning with banks’ phased recapitalization strategies.

The sector maintained a dominant share of total capital importation across all quarters in 2025, accounting for 55.44 per cent in Q1, 66.56 per cent in Q2, 52.25 per cent in Q3, and 59.75 per cent in Q4.

Overall, Nigeria’s total capital importation rose to $23.22 billion in 2025, up from $12.32 billion in 2024, marking an 88.45 per cent year-on-year increase.

The banking sector alone contributed over $6.53 billion to the total increase of $10.90 billion, underscoring its central role in driving growth.

Analysts attribute the surge largely to the ongoing recapitalisation exercise, which has reshaped capital flows into the sector.

With new minimum capital requirements reaching up to ₦500 billion for international banks, lenders have increasingly relied on foreign investments through equity raises, private placements, and strategic partnerships.

CBN Governor Olayemi Cardoso ранее disclosed that 32 banks have already met the revised capital thresholds under the programme.

The apex bank also revealed that Nigerian banks have raised about ₦4.61 trillion in fresh capital, reflecting strong investor confidence and growing foreign participation.

Loading

Spread the love
Frank
Written By

Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NCC
ad

You May Also Like

News

National Information Technology Development Agency (NITDA) has reaffirmed its commitment to strengthening Nigeria’s digital sovereignty and protecting the nation’s critical digital infrastructure through its...

Opinion

By Blaise Udunze Nigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all these developments, one fundamental...

Opinion

By Blaise Udunze The last Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) was its 307th meeting, held on September...

E-Financial

By Tolulope Rojaiye A Nigerian professional in London closes her laptop after another workday. In Toronto, a family reviews its financial plans for the...