{
  "id": 9230443,
  "title": "Domestic Investors Tighten Grip on NGX, Transact N11.89tn in Eight Months",
  "url": "https://urgent.news/2026/09/23/domestic-investors-tighten-grip-on-ngx-transact-n11-89tn-in-eight",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T00:34:29.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/23/domestic-investors-tighten-grip-on-ngx-transact-n11-89tn-in-eight-months/"
  },
  "original_language": "en",
  "account": "Nigeria's stock market is increasingly being dominated by domestic investors, with nearly 90% of all transactions now occurring between local parties in the first eight months of 2026, according to new figures from the Nigerian Exchange Limited (NGX). The total value of domestic transactions reached N11.89 trillion during this period, compared with N1.35 trillion in foreign investments, representing a significant shift in market activity.\n\nThe surge in domestic investor participation has been fueled by institutional players, who accounted for N7.36 trillion of the N11.89 trillion domestic transactions. This is a substantial increase from N4.53 trillion in retail investors' transactions during the same period last year. The data indicate a clear trend of institutional investors leading the market growth, outpacing retail investors.\n\nForeign investors, on the other hand, have seen a sharp decline in their involvement, accounting for only 10.23% of the total transactions. This reduction in foreign participation, from N1.45 trillion to N1.35 trillion, highlights a potential shift in the market's investment landscape, with domestic investors taking the lead.\n\nDespite a significant slowdown in trading activity in August, with total transactions falling by 46.38% to N1.27 trillion, domestic investors still maintained a dominant position, accounting for 95.11% of the transactions. This dominance underscores the growing importance of domestic investors in the Nigerian market, with their transactions more than doubling from N5.46 trillion in the same period last year.",
  "summary": "Kayode Tokede Domestic investors are tightening their grip on Nigeria’s stock market, accounting for nearly nine out of every 10 naira traded on Nigerian Exchange Limited (NGX) in the first",
  "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."
}