International traders accounted for simply 4.89% of fairness transactions at the Nigerian Alternate (NGX) in August 2026, the bottom per thirty days participation proportion recorded this yr, as overseas buying and selling declined to N62.03 billion.
That is in keeping with the most recent NGX Domestic and Foreign Portfolio Investment Report for August 2026, which confirmed that general fairness transactions fell 46.38% to N1.27 trillion from N2.37 trillion in July.
Regardless of the per thirty days decline, August turnover used to be 39.75% above the N908.4 billion recorded in August 2025, whilst home traders persisted to account for the vast majority of marketplace job.
International participation falls to 4.89%:
International fairness transactions declined 53.23% to N62.03 billion in August from N132.62 billion in July, outpacing the 45.98% decline in home buying and selling. Home traders recorded roughly N1.21 trillion in transactions, just about 19 occasions the worth attributed to overseas traders.
- The file additionally confirmed that overseas traders remained web dealers for the 8th consecutive month, despite the fact that August’s web promote place used to be smaller than July’s.
- International purchases stood at N26.47 billion in opposition to gross sales of N35.56 billion, generating a web promote place of N9.09 billion.
- July’s web promote place used to be N49.44 billion, however the aid in August mirrored decrease purchasing and promoting job reasonably than more potent overseas purchases.
- Cumulative overseas web promoting reached N275.16 billion between January and August, roughly 6.35 occasions the N43.36 billion recorded all the way through the corresponding duration of 2025.
- International purchases all the way through the 8 months declined 23.41% to N539.83 billion, whilst gross sales higher 8.92% to N814.99 billion.
March and April accounted for roughly 51% of cumulative overseas web promoting all the way through the eight-month duration, reinforcing the sustained imbalance between overseas purchases and gross sales.
International Buying and selling retreats thru 2026:
International participation has weakened significantly since attaining its 2026 height in March. The proportion of fairness transactions on account of overseas traders declined from 16.56% in March to 4.89% in August.
Nairametrics previously reported that overseas buying and selling surged 107.74% month-on-month to N288.82 billion in March ahead of participation started to reasonable.
- International participation declined from 13.74% in April to 9.45% in Might, recovered to ten.90% in June, and fell to five.60% in July ahead of attaining 4.89% in August.
- In May, foreign transaction value fell to N183.61 billion, with previous marketplace remark bringing up agreement uncertainty, pre-election chance aversion and international portfolio rebalancing.
- International traders accounted for 10.23% of the N13.25 trillion traded between January and August 2026, in comparison with 21.01% all the way through the corresponding duration of 2025.
- International buying and selling price for the 8 months stood at N1.35 trillion, down 6.76% from N1.45 trillion a yr previous and beneath the N2.65 trillion recorded for the entire of 2025.
The figures display that overseas traders’ proportion of NGX job has declined whilst general fairness turnover has expanded considerably in comparison with the former yr.
Home Buyers dominate NGX turnover:
Home traders accounted for roughly 89.77% of fairness turnover all the way through the primary 8 months of 2026, in comparison with 78.99% all the way through the corresponding duration of 2025. Their buying and selling price higher 117.64% to N11.89 trillion from N5.46 trillion.
On the other hand, the August slowdown used to be pushed essentially via home institutional traders, whose transactions fell considerably from July’s degree.
- Home institutional buying and selling declined 60.39% to N654.61 billion from N1.65 trillion, accounting for roughly 90.9% of the N1.10 trillion aid in general marketplace turnover.
- Retail buying and selling declined via a smaller 5.08% to N552.88 billion from N582.44 billion, elevating retail traders’ proportion of home transactions to 45.79%.
- Home traders recorded purchases of N615.83 billion in opposition to gross sales of N591.66 billion in August, generating a reported web purchase place of N24.17 billion.
- Overall NGX fairness transactions reached N13.25 trillion between January and August, up 91.51% from N6.92 trillion a yr previous and above the roughly N11.92 trillion recorded all the way through 2025.
The NGX figures describe fairness transaction values reasonably than exact foreign exchange actions, which means the N275.16 billion cumulative overseas web promote place must no longer be interpreted as an an identical quantity of foreign currency echange leaving Nigeria.
With home traders now accountable for just about 90% of turnover, the marketplace’s growth in 2026 has been pushed predominantly via native buying and selling job regardless of declining overseas participation.
