Hot Money Drives Nigeria’s Capital Inflows to $6.44bn, but Long-Term Investment Still Lags

Nigeria’s external financing position showed further signs of recovery in the final quarter of 2025, with total capital importation rising to $6.44 billion. But the underlying composition of those inflows points to a fragile foundation built largely on short-term bets. Data released by the National Bureau of Statistics shows inflows increased by 26.61% year-on-year from

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