- Domestic investors increased market share to 85%, staking ₦4.7 trillion
- Nigerian Exchange outperformed global markets with a 37.65% return
Abuja, Nigeria – Domestic investors powered Nigeria’s 2024 stock market surge by increasing their share of the market to 85%, investing ₦4.7 trillion ($3 billion), according to data from the Nigerian Exchange. Foreign portfolio investors accounted for 15% of the market, with investments totaling ₦853 billion. The all-share index gained 37.65% during the year.
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