Research & development

Our Training Programs

The Financial Markets Dealers Association (FMDA) is dedicated to promoting professionalism and developing the Nigerian financial markets through effective and dynamic training programs. Since 1992, our training arm has been identifying training needs and gaps in various institutions and designing courses to meet these needs

Nigeria Capital Importation-2025

Summary of Nigeria’s capital importation data for 2025. Key takeaways: – Total capital inflows surged 88.45% year‑on‑year to $23.22 billion, reflecting stronger investor confidence amid ongoing economic reforms. – Foreign Portfolio Investment (FPI) drove the growth, accounting for 85% of total inflows. Within FPI:
  •   Money market instruments (Treasury bills, OMO bills, commercial papers) made up about 70%
  • Bonds – 25%
  • Equities – 5%
– Foreign Direct Investment (FDI) rose by 36.8% to $923 million, now 4% of total inflows, a gradual recovery in long‑term investment. – Other investments declined by 21.9% to $2.55 billion (11% of inflows). – Equity inflows more than doubled (+139%) to $1.02 billion, aligning with the rally in market capitalisation 2025. – Bond inflows jumped nearly 390% to $4.89 billion, reflecting strong foreign demand for longer‑duration fixed income securities. The full report here provides further details, including bank‑by‑bank and country‑by‑country breakdowns.

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