Domestic investors’ participation rose to 60%, says NSE

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Domestic investors’ participation rose to 60%, says NSE
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The participation of domestic investors in the Nigerian capital market has risen to 60 per cent as foreign investors exited the country, the Nigerian Stock Exchange has said.

The Chief Executive Officer, NSE, Mr Oscar Onyema, disclosed this on Wednesday at a webinar, with the theme, ‘Capital markets in a pandemic’.

“We were reaching out to our dealing member firms via electronically and supporting corporate that are listed on the Exchange and putting out market moving information.” “What we have seen as a result is that there has been a significant increase activities in the capital market at secondary level, driven by domestic players,” he added.

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