Local investors drive stock deals to 18-year high

...Domestic transactions make up 85% of transactions ...Naira fall boosts market performance Local investors are the kings of the Nigerian stock market as they chalked up 85 percent of the N5.6 trillion equity transactions in 2024. The 2024 equity transactions represent the highest stock deals ever seen on the Nigerian Bourse since 2007. According to an analysis of the Nigerian Exchange Limited (NGX) deals’ data, domestic retail investors transacted N2.306 trillion worth of deals while their institutional counterpa