Total equity transactions on the Nigerian Bourse reached a new high of N4.19 trillion in the first-half (H1) to June 30. The figure represents a 61 percent rise from N2.60 trillion equity transactions recorded in the corresponding period of 2024, according to the summary of equity transactions on the NGX as at June 30, 2025.
A breakdown of the transactions showed that in January 2025, total equity transactions stood at N607.05 billion. In February the total value of stocks traded on the NGX was N509.47 billion. In March, the market saw equity deals hit a record high of N1.115 trillion. In April 2025, total equities traded on the NGX stood lower at N482.04 billion. In May, it rose at N700.50 billion, while total equities in June were estimated at N778.65 billion.
In the period under review, foreign portfolio investors’ transactions stood at N1.135 trillion (N540.48billion in H1’2024), representing 27.08 percent of the total transactions on the NGX in six months.
On the other hand, domestic transactions were put at N3.057 trillion (N2.063billion in H1’2024), representing 72.92 percent of the total value of stocks traded in the same period.
Foreign inflows into Nigeria’s equities stood at N559.25 billion in H1’25 while foreign outflows in the same period were N576.09 billion.
In H1’2024, foreign inflows into Nigeria’s equities were N229.07 billion while foreign outflows stood at N311.41 billion.
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In the H1 of 2025, domestic retail investors traded N1.472 trillion stocks on the NGX while domestic institutional investors traded equities valued at N1.585 trillion.
This represents a huge leap when compared with N999.21 billion stocks traded in H1’2024 by domestic retail investors and N1.064 trillion investment by domestic institutional investors in H1’24.
On a monthly basis, the Nigerian Exchange Limited (NGX) polls trading figures from market operators on its domestic and foreign portfolio investment (FPI) flows.
The latest report for the period ended June 30, 2025 shows that month-on-month (MoM) total transactions at the nation’s bourse increased by 11.15 percent, from N700.50 billion (about $441.64 million) in May 2025 to N778.65 billion (about $509.02 million) in June 2025.
The performance of the review month of June when compared to the performance in June 2024 (N354.55 billion) revealed that total transactions increased significantly by 119.62 percent. In June 2025, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by about 64 percent.
The NGX report also shows total transactions executed between June and prior month (May 2025), which revealed that total domestic transactions increased by 9.93 percent, from N581.59 billion in May 2025 to N639.34 billion in June 2025.
Also, total foreign transactions increased by 17.16 percent, from N118.91 billion (about $74.97 million) to N139.31 billion (about $91.07 million) between May 2025 and June 2025.
Also, month-on-month, institutional investors outperformed retail investors by 14 percent. A comparison in the review and prior month (May 2025) shows that retail transactions decreased by 18.62 percent from N337.46 billion in May 2025 to N274.63 billion in June 2025. However, the domestic institutional composition of the market increased by 49.39 percent, from N244.13 billion in May 2025 to N364.71 billion in June 2025.
