Foreign investors keep shunning Nigerian stocks

Outflow, foreign investors, Nigerian stocks, FPI,

Net outflow soar to N131bn in 5 months ____________________________________________________ Increasingly, the disinterest and loss of enthusiasm of foreign investors in staking their fortune on equities at the Nigerians Stock Exchange (NSE) is alarming. Already, their withdrawal from the market over the years has brought their local counterparts to the limelight as the golden sons of the market as they are now responsible for the overwhelming percentage of transactions at the bourse. This is again supported by the latest foreign portfolio investment (FPI) report released by the NSE for the month…

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