National Balance of Payment Forms
Access and complete quarterly questionnaires reporting Nigeria’s foreign and domestic investment data for balance of payments statistics.
What are These Forms?
The Nigerian Securities and Exchange Commission compiles data on cross-border and domestic investment activities each quarter to inform the nation’s balance of payments statistics. These five forms collect standardized information on:
- Foreign investments managed on behalf of Nigerian residents
- Foreign transactions executed on behalf of Nigerian residents
- Domestic transactions executed on behalf of non-resident investors
- Ownership structures of Nigerian bonds
- Ownership structures of Nigerian companies
Accurate, timely quarterly submissions ensure that Nigeria’s macro-economic indicators reflect actual capital flows, strengthen market transparency, and support regulatory oversight.
Who Should Respond?
Each form is targeted at a specific group of market participants. See below table to identify and click to access each form.
| S/N | Form | Target Respondent | What To Report |
|---|---|---|---|
| 1 | Current Value (Position) of Foreign Investment Managed on Behalf of Nigerian Residents (US$) |
Brokers/Dealers & Fund Managers | Report the market value of foreign holdings per country. |
| 2 | Brokers/Dealers & Fund Managers | Report the value of cross-border trades executed each quarter | |
| 3 | Brokers/Dealers & Fund Managers | Report trades executed in Nigerian securities for non-resident clients | |
| 4 | Registrars | Report bond ownership breakdown by investor category, per bond type | |
| 5 | Registrars | Report equity ownership breakdown by investor category, per company |
Note on residency definitions:
- Nigerian residents include Nigerian citizens and foreign nationals living in Nigeria.
- Non-residents include Nigerian citizens and foreign nationals living abroad.
Why You Must Fill the Forms
- Regulatory compliance: Quarterly reporting is mandatory under SEC regulations to maintain the integrity of Nigeria’s capital markets.
- National statistics: Your data feeds into the Central Bank of Nigeria’s balance of payments, influencing monetary policy and attracting foreign investors.
- Market transparency: Consistent disclosures help regulators monitor systemic risk and protect end-investors.
How to Choose the Right Form
- Identify your role: Are you a broker/dealer or fund manager, or do you service registrars?
- Match the transaction type:
- If you handle foreign investments (Forms 1 & 2) on behalf of Nigerian residents, choose Form 1 for position data or Form 2 for transaction data.
- If you execute domestic trades on behalf of non-residents, choose Form 3.
- If you maintain ownership records for bonds or companies, choose Form 4 or 5 respectively.
- Quarterly frequency: Each form must be completed once per quarter. Registrars must file separately for each bond type (Form 4) or each company (Form 5).
After reading this page you should know exactly which form applies to your organization and how to proceed. Simply click the relevant link above, complete your quarterly questionnaire, and help keep Nigeria’s financial statistics robust and transparent.