NGX: Domestic & Foreign Portfolio Investments rise 3.35% to N1.803 trillion in April 2026
Total transactions on the Nigerian Exchange Limited (NGX) rose by 3.35% month-on-month to N1.803 trillion in April 2026, up from N1.744 trillion recorded in March 2026.
Total transactions on the Nigerian Exchange Limited (NGX) rose by 3.35% month-on-month to N1.803 trillion in April 2026, up from N1.744 trillion recorded in March 2026.
The figures are contained in the latest Domestic & Foreign Portfolio Investment Report released by NGX Regulation Limited, covering equities transactions as of April 30, 2026.
The latest data also showed a sharp increase in market activity on a year-on-year basis, with total transactions surging by 274.05% compared to N482 billion recorded in April 2025, highlighting stronger investor participation and sustained confidence in Nigerian equities.
The April performance pushed the 2026 year-to-date transaction value to N5.952 trillion, more than double the N2.714 trillion recorded during the corresponding period of 2025.
Domestic investors continued to dominate trading activity on the NGX in April 2026, even as foreign participation remained significantly higher than levels recorded a year earlier.
The report showed that institutional investors remained the primary drivers of activity, while foreign investors moderated participation after the elevated levels seen in March.
Domestic retail transactions climbed significantly to N683.74 billion in April from N541.37 billion in March, while institutional transactions eased slightly to N871.38 billion from N914.23 billion, though institutions continued to dominate overall domestic participation.
A closer look at the April figures revealed a notable resurgence in retail investor participation after months of institutional dominance in the Nigerian equities market. The increase suggests broader participation by individual investors amid strong market performance and easier access to trading platforms.
The data suggests that while foreign investor appetite has softened from March’s peak levels, the Nigerian market continues to be supported by strong domestic institutional and retail participation, which has underpinned overall transaction growth in 2026.
The April 2026 performance extends the strong momentum recorded on the NGX since the second half of 2025, supported by monetary and fiscal reforms, improving foreign exchange liquidity, strong corporate earnings, and rising retail investor participation through digital trading platforms.
The continued rise in domestic participation, alongside improving foreign investor activity, reflects the growing depth of Nigeria’s equities market despite persistent caution among offshore investors regarding capital flows and market conditions.
