Foreign investors withdraw N266bn from Nigeria in three years
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Net foreign portfolio investment outflows from Nigeria's equities market rose from N22.68 billion in the first seven months of 2023 to N266.07 billion by July 2026.
- The increase exceeded 1,073%, as foreign investors withdrew more money from the market than they invested.
Foreign investors withdrew N266.07 billion from Nigeria's equities market by July 2026, according to the figures cited in the report.
Net foreign portfolio investment outflows rose from N22.68 billion in the first seven months of 2023, an increase of more than 1,073% over three years.
The figures show that foreign investors took more money out of Nigeria's equity market than they brought in.
Originally published by Vanguard in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.