Tag: Foreign investors

Nigeria Rejoins Frontier Markets as NGX Rally Attracts Global Investors

Business Damilola Bayonle -
Nigeria’s capital market has recorded a major milestone as global index provider FTSE Russell officially restored the country’s status...

Naira hits 2025 peak as forex supply surges, investors boost market liquidity

Business Damilola Bayonle -
The Nigerian naira has reached its strongest point in 2025, recording an exchange rate of N1,421.73 per dollar at...

FX inflows drop as weak CBN, non-bank participation slow market recovery

Business Damilola Bayonle -
Nigeria’s foreign exchange market witnessed another month of decline in September 2025, as FX inflows fell by 6 percent...

Taiwo Oyedele reaffirms commitment to bold Nigeria tax reform amid investor confidence

Business Damilola Bayonle -
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has dismissed recent media claims alleging...

Block trades drive Nigerian equity market transactions to N1.62tn in September

Business Damilola Bayonle -
The value of Nigerian equity market transactions soared to N1.62 trillion in September 2025, marking a remarkable 78.5 percent...

Banks lead capital inflows amid reform drive

Business Damilola Bayonle -
Nigeria’s banking sector has emerged as the leading driver of foreign capital inflows, attracting more than half of the...

NGX Records #45.8bn Capital Flight as Foreign Investors Exit

Damilola Bayonle -
Foreign investors withdrew a total of N45.85bn from the Nigerian stock market in January 2025, significantly surpassing the N25.66bn...