Foreign portfolio investment on the Nigerian Exchange Limited (NGX) surged by 88.54% in May 2025, reaching N118.91 billion compared to N63.07 billion in April 2025. This significant increase is attributed to rising foreign inflows, which climbed to N66.11 billion from N26.64 billion in April, and increased outflows of N52.80 billion from N36.43 billion.
NGX recorded N700.50 billion in total transactions for May, representing a 45.32% increase from N482.04 billion in April 2025 and a 97.11% increase from N355.38 billion in May 2024.
Domestic investors continued to dominate trading activity, accounting for N581.59 billion (83.02% of total transaction value), while foreign investors contributed N118.91 billion (16.98%).
Retail investors drove the domestic market, with participation rising by 86.12% to N337.46 billion in May, compared to N181.31 billion in April. Institutional investment increased by 2.72% from N237.66 billion to N244.13 billion.
As of May 2025, domestic transactions stood at N2.42 trillion (70.83% of total trades), while foreign transactions totaled N996.03 billion (29.17%) ¹ ².
The significant increase in foreign investment is a notable trend in the Nigerian equities market, reflecting growing interest in the country’s economy.