Foreign portfolio investment transactions in the country’s stock market rose by 59.81 per cent by the first half of this year compared to the corresponding period of last year. The FPI transactions were increased from ₦269.22bn to ₦430.23bn in the 12-month period, market data of the Nigerian Stock Exchange made available to our correspondent on […]
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The flow of foreign capital into Nigeria is drying up — and it’s a huge blow to its economy. Foreign investments came in at $711 million in the first quarter of 2016 — a whopping 74 per cent drop from a year before. The steepest decline came from portfolio inflows, which dropped 85 per cent […]
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[su_dropcap]T[/su_dropcap]HE participation of foreign investors in the Nigerian Stock Exchange fell by 15 per cent between January and February this year, data from the NSE showed. The NSE had put the level of participation by the foreigners at 51.57 per cent for January 2016. But the latest data released by the Nigerian bourse showed that […]
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