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 for Q3 2025

Key Highlights on Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FDI)

Total capital inflow rose by 380.2% YoY to $6.01 billion in Q3 2025, reflecting improved investor confidence and the impact of ongoing reforms.
Foreign Portfolio Investment (FPI) increased by 439.7% YoY and 15.6% QoQ to $4.85 billion, accounting for 80.7% of total inflows.
Foreign Direct Investment (FDI) rose by 185.3% YoY and 107.6% QoQ to $296.3 million, contributing 4.9% of total inflows.
Other investment stood at $864.6 million, accounting for 14.4% of total capital inflows

Please download the full report here.