Foreign investors channeled $3.23bn into Nigerian bonds in the first quarter of 2026, highlighting a strong appetite for the country’s fixed income securities amid elevated interest rates and improving confidence in the foreign exchange market.
Data from the latest capital importation report released by the National Bureau of Statistics showed that bond investments accounted for 32.71 per cent of the $9.86bn portfolio investments recorded during the quarter and 31.10 per cent of the total $10.37bn capital imported into the country.
The bond inflow represented a 267.67 per cent increase from the $877.41m recorded in the corresponding period of 2025 and a 63.76 per cent rise from the $1.97bn attracted in the preceding quarter.
The surge in bond inflows came as total capital importation rose to $10.37bn in Q1 2026, an increase of 83.83 per cent from the $5.64bn recorded a year earlier and 60.97 per cent higher than the $6.44bn posted in the fourth quarter of 2025.
The report showed that portfolio investment remained the dominant investment category, attracting $9.86bn and accounting for 95.09 per cent of all capital imported during the quarter.