Domestic Investors Trade N8.4trn on NGX in H1 2026

In the first half of 2026, domestic investors, including retail and institutional investors, traded stocks valued at approximately N8.4 trillion on the Nigerian Exchange Limited (NGX), representing a significant 176.2% increase from N3.06 trillion in H1 2025. The NGX's Domestic & Foreign Portfolio Investment Report indicates that domestic institutional investors accounted for N5.06 trillion in transactions, a 218.9% rise from N1.59 trillion in the previous year.

Retail investors traded N3.39 trillion, up 130.4% from N1.47 trillion in H1 2025. This surge is attributed to reforms by capital market regulators, particularly the National Pension Commission's (PenCom) decision in February 2026 to increase equity investment limits for pension funds, enhancing liquidity in the stock market.

The report also noted that total transactions by both domestic and foreign investors reached N9.61 trillion, with domestic investors making up 87.93% of trading activity, a rise from 72.92% in H1 2025.