{
  "id": 2417079,
  "title": "Local investors flood NGX as domestic transactions hit record N10.68 trillion",
  "url": "https://urgent.news/2026/08/21/local-investors-flood-ngx-as-domestic-transactions-hit-record-n10-68",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T17:53:29.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/21/local-investors-flood-ngx-as-domestic-transactions-hit-record-n10-68-trillion/"
  },
  "original_language": "en",
  "account": "In July 2026, domestic transactions on the Nigerian Exchange Limited (NGX) surged to an unprecedented N10.68 trillion, a fresh record surpassing the total value from all of 2025. This marks the highest level in the past 19 years, as reported by the NGX Domestic and Foreign Portfolio Investment Report. Year-to-date, domestic transactions accounted for 89.21% of total market activity, eclipsing the N9.27 trillion recorded in 2025 by 15.21%. This surge highlights the growing influence of local investors in Nigeria's capital market, with foreign participation remaining relatively low. Foreign transactions for the same period totaled N1.29 trillion, or 10.79% of the total. Domestic investors have steadily dominated market transactions over the last two decades, with foreign investors comprising only 22% of the total in 2025, compared to 78% in the same period. The trend continued into 2026, with the seven-month period already surpassing the entire 2025 figure. The report also points to a decline in foreign investor activity on the NGX. While domestic transactions have already exceeded the whole of 2025 within seven months of 2026, foreign transactions only reached N1.3 trillion in July 2026, down from N2.65 trillion in 2025. This trend underscores the pivotal role of local investors, both institutional and retail, in propelling activity on the Nigerian stock market. NGX Group's CEO, Temi Popoola, had previously forecasted that the market capitalization of NGX-listed companies could reach N230 trillion by the end of 2026. This growth, he attributed to strong investor participation, market reforms, and anticipation of major new listings. The latest data suggests that domestic investors are becoming the primary catalyst for growth in Nigeria's capital market, helping to counterbalance weaker foreign portfolio inflows, and contributing to liquidity and market expansion.",
  "summary": "Domestic transactions on the Nigerian Exchange Limited (NGX) rose to a record N10.68 trillion in July 2026, surpassing the total value recorded in the whole of 2025 and marking the highest level in the last 19 years. The post Local investors flood NGX as domestic transactions hit record N10.68 trillion appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}