Nigeria’s Capital Inflows Nearly Double to $10.37 Billion — But Most Is Hot Money

Nigeria’s Capital Inflows Nearly Double to $10.37 Billion — But Most Is Hot Money

Nigeria's capital inflows surged 83.8% to $10.37 billion in Q1 2026, but 95% was portfolio money, not direct investment. London and New York chase bond yields because Nigeria's tech and manufacturing remain too risky for patient capital investment.