Nigerian Exchange Sees N13.52 Trillion in Equity Trading

In the first nine months of 2026, domestic equity trading on the Nigerian Exchange (NGX) hit N13.52 trillion, exceeding the full-year 2025 total of N9.27 trillion by N4.24 trillion, or 45.73%. This data comes from the NGX Domestic and Foreign Portfolio Investment Report for September 2026, which indicates a 101.81% increase from N6.70 trillion in the same period of 2025.

Domestic investors now represent 89.74% of total equity turnover, up from 78.44% a year earlier, showcasing the growing influence of local institutions and retail investors. Overall, total equity transactions on the NGX rose 76.41% to N15.06 trillion compared to N8.54 trillion in the corresponding period of 2025.

Foreign investors, however, recorded net sales of N281.26 billion, contrasting with net purchases of N219.94 billion in the same period of 2025, indicating a negative swing of N501.20 billion. The increase in domestic trading underscores the reliance on local investors amidst declining foreign participation.