Foreign transactions decline on NGX as naira weakens

Foreign investors are pulling out of the Nigerian Exchange as year-to-date foreign outflows surged to N400.04bn, surpassing foreign inflows of N344.30bn by October 2024, reflecting a net withdrawal of N55.74bn. Data from the exchange domestic and foreign portfolio participation in equity trading as of October 31, showed that foreign transactions accounted for only 16.65 per

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