Foreign investors are actively retreating from the Nigerian Exchange (NGX), a pullback heavily influenced by concerns over the newly implemented T+1 trade settlement cycle. Consequently, foreign participation in May plummeted to its lowest level since March 2026. Recent data published by the Lagos bourse captures the severity of this capital flight. Offshore trading volume plunged 25.9 percent to N183.6 billion, effectively shrinking foreign investors' footprint to 9.45 percent of total market activity. This represents a persistent downward
Foreign investors are actively retreating from the Nigerian Exchange (NGX), a pullback heavily influenced by concerns over the newly implemented T+1 trade settlement cycle. Consequently, foreign participation in May plummeted to its lowest level since March 2026. Recent data published by the Lagos bourse captures the severity of this capital flight. Offshore trading volume plunged 25.9 percent to N183.6 billion, effectively shrinking foreign investors' footprint to 9.45 percent of total market activity. This represents a persistent downward