Foreign portfolio inflows into Nigeria’s stock market, the Nigerian Exchange (NGX), soared to N344.30bn in the first ten months of 2024, reflecting a significant 180.95 per cent increase compared to the N122.55bn recorded in the same period in 2023.
This substantial growth, highlighted in the NGX’s Foreign Portfolio Investment (FPI) report, seen by THE WHISTLER, underscores a remarkable shift in investor activity despite persistent economic uncertainties.