Nigeria, June 7 -- The Nigerian oil and gas sector attracted only $460,000 in foreign capital during the first quarter of 2026, despite the country recording a sharp increase in overall capital inflows, according to the data released by the National Bureau of Statistics (NBS).

Although the figure was higher than the $120,000 recorded in the first quarter of 2025, it remained one of the smallest inflows among the sectors tracked by the report.

The latest Capital Importation Report showed that Africa's most populous country attracted $10.4 billion in the first three months of the year, representing an 83.8 per cent increase from the $5.64 billion reported a year earlier.

Of the total capital inflow into the economy, the oil and gas secto...