Foreign investor participation on the Nigerian Exchange Limited recorded a strong rebound in March 2026, rising sharply by 107.74% month-on-month to N288.82 billion. This surge occurred even as domestic investors continued to dominate overall market activity.

The uptick reflects renewed foreign interest alongside sustained domestic momentum, signaling a gradual shift toward a more balanced participation structure. This is according to the latest Domestic & Foreign Portfolio Investment Report published by NGX for March 2026.

However, total transactions on the NGX climbed to N1.744 trillion in March 2026, representing a 10% increase from the N1.542 trillion recorded in February.

According to the data, foreign participation recorded its strongest rebound in months, even though it remains a smaller share of total market activity.

Foreign transactions surged by 107.74% to N288.82 billion in March, up from N139.03 billion in February. Domestic transactions rose modestly by 3.72% to N1.456 trillion. Overall market composition stood at 83% domestic and 17% foreign participation. Total market transactions increased by 10% month-on-month to N1.744 trillion.

Despite the sharp growth in foreign flows, domestic investors continue to anchor liquidity in the market.

A closer look at flow dynamics shows improving foreign inflows, though outflows remain elevated. Foreign inflows stood at N221.62 billion, accounting for 13.06% of total transactions. Foreign outflows reached N181.77 billion, indicating continued but narrowing pressure.

Domestic inflows totalled N813.17 billion, while outflows stood at N642.43 billion. Institutional and retail domestic investors maintained strong participation, with retail activity showing notable depth, further reinforcing local market resilience.