The surge in activity level supported a strong bullish performance in the local bourse in September.
The analysis revealed that Institutional Foreign Outflow outperformed Foreign Inflow by N7.19 billion.
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to shocks.
The publication from the NBS disclosed that capital imported into the Nigerian economy declined in the third quarter by 7.8%.
The Nigerian Stock Exchange (NSE), as at Friday, August 30, 2019, recorded total transactions of N121.99 billion
The Nigerian Naira has faced upside pressure since the start of the third-quarter as the Naira exchange rate to the dollar on the Investors and Exporters’...
Total capital importation into the Nigerian economy grew 35% y/y to US$8.5bn in Q1 2019, representing the highest quarterly inflow since Q3 2014 (US$12.2bn).
IMF calls on Nigerian government over Naira defense