***Net outflow widens by 1,073%
***Nigeria faces persistent foreign portfolio selling pressure — Analysts
By Peter Egwuatu
Foreign Portfolio Investment (FPI) net capital outflow from the Nigerian equities market widened by more than 1,073 per cent in three years, rising from N22.68 billion in the first seven months of 2023 to N266.07 billion by July 2026, as foreign investors took more money out of the market than they brought in.
Vanguard’s findings from the latest data released by the Nigerian Exchange Limited (NGX) showed that FPI remained in net outflow territory throughout the period under review, with the gap between inflows and outflows widening significantly in 2026.
