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Foreign investors transaction on NGX drop by 91% in April 2025

temi popoola

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Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) declined sharply by 90.99 per cent in April 2025, falling to N63.07billion from N699.89billion recorded in March, according to the latest Domestic and Foreign Portfolio Investment report released by the NGX.

The sharp drop in foreign participation followed a surge recorded in March due to large block trades that significantly boosted foreign inflows.

With the absence of such transactions in April, foreign investor activity slumped, accounting for just 13.08 per cent of total market turnover for the month.

Overall, total transactions on the exchange declined by 56.79 per cent, from N1.115 trillion in March to N482.04 billion in April. In dollar terms, this amounted to approximately $301.90million in April, compared to $725.86million in March, using official exchange rates provided by the Central Bank of Nigeria for the respective months.

 Domestic investors, however, sustained market momentum despite the decline in foreign participation. Domestic transactions rose marginally by 0.81 per cent, from N415.62billion in March to N418.97billion in April. Domestic investors accounted for 86.92 per cent of the total transaction value during the month.

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