Foreign investment in manufacturing slumps 50.7% to $152m in Q1’26

By Yinka Kolawole 
Foreign investment into Nigeria’s production and manufacturing sector declined sharply by 50.7 percent quarter-on-quarter to $152.27 million in the first quarter of 2026 (Q1’26), down from $308.93 million recorded in the preceding quarter (Q4’25), according to the latest Capital Importation Report released by the National Bureau of Statistics (NBS).
The report revealed that the sector accounted for only 1.47 per cent of the total capital importation valued at $10.37 billion recorded during the review period, highlighting the continued struggle to attract significant foreign capital into the productive segment of the economy.
However, on a year-on-year basis, forei...