Foreign investors have pumped ₦1.03 trillion into Nigerian stocks between January and September 2025. This is a sharp jump from ₦310.99 billion recorded in the same period last year, according to data from the Nigerian Exchange (NGX).

This represents a 231% increase in foreign inflows compared to 2024, showing renewed confidence in Nigeria’s stock market.

During the same period, foreign investors also withdrew ₦810.39 billion, bringing total foreign portfolio transactions, including inflows and outflows, to ₦1.84 trillion. This is more than double last year’s figure of about ₦696.9 billion.

The market recorded a net inflow of around ₦220 billion in 2025, a big turnaround from the ₦75 billion net outflow in 2024.

Local investors still dominated trading, accounting for ₦6.7 trillion of the ₦8.54 trillion total traded in the first nine months. Foreign participation rose from 17.6% in 2024 to 21.6% this year.

Why the Rise

Analysts say the surge came from:

Reforms in Nigeria’s foreign exchange system that made it easier to move money in and out of the country.

Better company performance and attractive share prices.

Signs of economic stability such as a stronger naira and improved investor confidence.

However, experts caution that foreign investors could still pull out funds quickly if global market conditions change. They also stress the need for consistent policies and stronger market reforms to sustain the growth. Visit www.jocomms.com for more news.