International Buyers Drive NGX Trades to Over N1trn

International traders took the lead on the Nigerian Alternate Restricted (NGX) in March 2025, accounting for 62.74 per cent of whole fairness transactions, because the market recorded a major spike in buying and selling actions.

Information from the NGX’s newest Home and International Portfolio Funding Report confirmed that whole transactions for the month surged by 118.95 per cent to N1.12tn from N509.47bn in February.

International portfolio transactions rose sharply by 1,541 per cent, climbing from N42.65bn in February to N699.89bn in March. This improve, in response to the NGX, was largely as a result of block trades executed by international traders throughout the interval.

Regardless of the huge progress in international exercise, home transactions declined. The overall worth of home trades dropped by 10.98 per cent to N415.62bn in March, down from N466.82bn in February. Throughout the home section, institutional traders contributed N218.50bn, whereas retail traders accounted for N197.12bn, exhibiting a 6 per cent dominance by institutional gamers.

International inflows for the month stood at N349.97bn, virtually equal to international outflows of N349.92bn, indicating a balanced degree of shopping for and promoting by offshore traders.

In year-to-date phrases, between January and March 2025, international traders have injected N814.05bn into the market, making up 36.47 per cent of the whole N2.23tn transactions recorded thus far. Home traders accounted for N1.42tn, representing 63.53 per cent.

In comparison with the identical interval in 2024, when international traders contributed solely N213.18bn (13.77 per cent) to a complete of N1.55tn, the info reveals a major improve in international participation this 12 months.

The March 2025 efficiency additionally mirrored a 107.14 per cent improve in comparison with N538.54bn in March 2024, confirming a year-on-year enchancment in market turnover.

The change charge, which moved from N1,492.49/$1 in February to N1,536.82/$1 in March, didn’t deter international traders, who continued to indicate curiosity in Nigerian equities regardless of foreign money volatility.

From a long-term perspective, whole home transactions have grown by 33.15 per cent over 18 years, from N3.56tn in 2007 to N4.74tn in 2024, whereas international transactions rose by 38.31 per cent from N616bn to N852bn over the identical interval.

In 2024, home transactions made up 85 per cent of the market, whereas international participation stood at 15 per cent. Nonetheless, the 2025 knowledge suggests a narrowing hole, with international traders changing into more and more lively.

The NGX famous that the robust international influx in March was primarily pushed by large-volume block trades, usually related to institutional investments or asset reallocations.

Financial Confidential reported that the Nigerian Alternate Restricted recorded a pointy decline in buying and selling exercise in February 2025, as whole transactions dropped by 16.07 per cent to N509.47bn from N607.05bn in January.