How Nigerian Retail Investors Are Reading The 2027 Election Cycle — and Repositioning Ahead of It

Foreign portfolio transactions on the Nigerian Exchange fell 25.90 per cent month-on-month to N183.61 billion in May 2026, even as total market activity hit a 2026 peak of N1.94 trillion, according to the Domestic and Foreign Portfolio Investment Report released by NGX Regulation Limited covering equities transactions as at May 31, 2026.
The decline marked the second consecutive monthly drop in foreign participation, with overseas investors accounting for just 9.45 per cent of total market transactions in May — the lowest share recorded this year. Foreign outflows of N96.01 billion exceeded inflows of N87.60 billion during the month, resulting in a net foreign outflow of N8.41 billion. ...