The cash flooding into Nigeria’s stock market lately? Kinda nuts. By August 2025, foreigners had churned through a whopping N1.7 trillion in deals—that’s like a 541% explosion compared to 2021. Hard to even wrap your brain around numbers like that, honestly.
The NGX just dropped their latest stats, and it’s practically a highlight montage for foreign investors. Inflows hit N748.23 billion, which is… wild. That’s up 506% from the N123 billion-ish mark four years back. Outflows? Not slacking either—also at N748.23 billion (yeah, the exact same as inflows, bit of a Twilight Zone moment). In 2021, outflows were just N139 billion, so clearly, foreigners are bouncing in and out like crazy.
And it’s not just the international crowd. Total transactions across the board jumped to N6.9 trillion by August 2025, which is more than twice what folks saw in 2021. It’s like everyone suddenly decided the stock market’s the new hot spot.
Dig into the nitty-gritty and it gets even wilder. Retail investors at home? They went from N404 billion to N2.3 trillion in just four years. That’s not a typo. Institutional players followed suit, now pushing N3.13 trillion—up 473%. The whole country’s on a stock market bender.
People watching the market are buzzing, saying the numbers basically scream “Nigeria’s back, baby!” The big players, the small fish—everyone’s jumping on the bandwagon.
And here’s a fun stat for the nerds: NGX says domestic trades have climbed 33% over the last 18 years (N3.56 trillion in ’07 up to N4.74 trillion in 2024), while foreign trades bumped up 38% (from N616 billion to N852 billion). But, plot twist—locals made up 85% of trading in 2024, with foreigners only holding 15%. So yeah, the flashy foreign billions get the headlines, but it’s Nigerians themselves who are really steering this ship.
