Foreign portfolio investment on the Nigerian Exchange Limited rose in May, climbing by 88.54 per cent to N118.91bn from N63.07bn recorded in April 2025.
This is according to the latest Domestic and Foreign Portfolio Investment Report published by Nigerian Exchange Limited, which showed that both foreign inflows and outflows increased during the period under review.
The report stated that foreign inflows stood at N66.11bn in May, up from N26.64bn in April, while outflows increased to N52.80bn from N36.43bn in the previous month.
Total transactions on the NGX in May amounted to N700.50bn, representing a 45.32 per cent increase compared to N482.04bn recorded in April 2025. The May figure also reflected a 97.11 per cent increase from N355.38bn posted in the same month of 2024.
Domestic investors continued to dominate trading activity on the exchange, accounting for N581.59bn or 83.02 per cent of the total transaction value in May, while foreign investors contributed N118.91bn or 16.98 per cent.
Retail investors drove the domestic market, outperforming institutional investors during the month. Retail participation rose by 86.12 per cent to N337.46bn in May, compared to N181.31bn in April. Institutional investment increased by 2.72 per cent from N237.66bn to N244.13bn.
Cumulatively, year-to-date data showed that domestic transactions stood at N2.42tn as of May 2025, accounting for 70.83 per cent of total trades, while foreign transactions totalled N996.03bn, or 29.17 per cent. This compares with the same period in 2024, when domestic participation was N1.79 tn and foreign trades amounted to N458.29 bn.
The NGX noted that the report was based on data polled from 100 per cent of active trading licence holders and reflects equity trading activity on the exchange.
The PUNCH reported that domestic investors have continued to dominate trading activity on the Nigerian Exchange Limited, with a total of N3.41tn worth of transactions recorded in the first five months of 2025, outpacing foreign participation.
