July 24, 2025/CSL Research

Foreign Portfolio Investment (FPI) activities on the Nigerian Exchange Limited (NGX) continued to improve in June 2025, extending the positive trend observed in recent months. FPI transactions rose by 17.2% to ₦139.31 billion (approximately US$91.07 million), up from ₦118.91 billion (US$74.97 million) recorded in May. This accounted for 17.89% of the total market turnover of ₦778.65 billion during the month.

Meanwhile, domestic investor participation also grew, increasing by 9.9% to ₦639.34 billion (around US$417.95 million) in June, compared to ₦581.59 billion (US$366.67 million) in May. Domestic investors accounted for 82.11% of total market activity.

While foreign inflows have steadily expanded—reflecting improving investor sentiment—domestic investors continue to serve as the backbone of the market, helping to sustain resilience and dampen volatility amid ongoing global economic uncertainties.

Click here to download full report: ​​​​​​​​​​​​​​CSL Nigeria Daily – 24 July 2025 – Equities.pdf​​​​​​​​​​​​​​​​​​​

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