The Nigerian Exchange Limited (NGX) has announced a notable increase in foreign transactions, with a total value of ₦540.48 billion recorded from January to June 2024. This figure represents a significant rise compared to the ₦145.08 billion in foreign transactions reported during the same period in 2023.
The update was provided in NGX’s latest report titled ‘Domestic & Foreign Portfolio Investment’, which highlights the growing interest and investment activity from international investors in the Nigerian market. The substantial increase underscores a positive shift in foreign investor confidence and engagement in Nigeria's financial and economic landscape.
This upsurge in foreign transactions reflects an enhanced global perception of Nigeria’s investment climate and potential for growth, contributing to the broader economic momentum in the country.
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