Foreign investors sold off equities worth N576.09bn on the Nigerian Exchange between January and June 2025, representing an 84.97 per cent increase from the N311.41bn withdrawn in the same period of 2024. The outflows exceeded foreign inflows, which stood at N559.25bn, resulting in a net negative foreign portfolio position of N16.84bn over the six months.
Although, total foreign transactions reached N1.14tn in the first half of the year, more than double the N540.48bn recorded in H1 2024, as economists attributed the surge in outflows to the inconsistencies caused in global markets by the policies of US President Donald Trump, the high yields in T-bills that spurred sell-offs, among others.
Meanwhile, domestic investors accounted for N3.06tn worth of trades between January and June 2025, representing 72.92 per cent of total market transactions, marking a 41.5 per cent increase from N2.17tn in the same period of 2024. Of the total domestic figure, institutional investors contributed N1.59tn, while retail investors traded N1.47tn.
