A dual-air tap inflation nozzle includes a body, a first cap assembly, a second cap assembly, a slidable valve slidably disposed in the body, and a lever member. The body has a first end, a second end, a first passage and a second passage in communication to the first passage. The first cap assembly is mounted to the first end and has a third diameter. The second cap assembly is mounted to the second end and has a fourth diameter larger than the third diameter. The lever member is abutable against the slidable valve to cause the second passage to move in relation to the first passage. Thus, the second passage is in communication with a first inflatable space or a second inflatable space of the body.