Nigeria, Feb. 24 -- According to recent Exchange portfolio statistics, the reduction affected both domestic and international investors, suggesting a slow start for the new trading year. Market observers claim the fall shows profit-taking and weaker positioning following a big rise late last year.
Though there is a month-on-month decrease, activity is still higher than it was at the same time last year. Total trades amounted to N607.1 billion in January 2025, representing a 42 per cent year-on-year rise.
In January, domestic investors still dominated the market, accounting for almost 87 per cent of all transactions. Local participation was valued at about N747.8 billion, while foreign investors contributed just under N114.1 billi...
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