Nigeria's Capital Inflows Jump 102% to $16.4 Billion in 2026

Capital importation into Nigeria rose by 101.8% year-on-year to $16.41 billion in the five months to May 2026, compared to $8.13 billion in the same period of 2025. This increase was primarily driven by Foreign Portfolio Investment (FPI), which surged by 114.42% year-on-year to $15.61 billion from $7.28 billion, accounting for 95.12% of total capital importation, up from 89.54% in 2025.

In contrast, Foreign Direct Investment (FDI) fell by 9.5% to $190 million from $210 million, while Other Investments declined by 7.69% to $600 million from $650 million. Month-on-month, total capital importation decreased by 14.8% to $3.0 billion in February but rebounded to $3.85 billion in March before falling again in April.

FPI experienced similar volatility, with a decline in February followed by a rebound in March. FDI and Other Investments also showed fluctuations, with FDI rising to $60 million in March before falling again.