Macro Analysis /
Nigeria

Nigeria: Net portfolio flows into equity record stronger surplus in April

    EmergingMarketWatch
    27 May 2021
    • Local funds have turned to debt market due to rising yields on FGN notes
    • Foreign investors stay away from market because of Nigeria's external vulnerability and FX shortages
    • In Jan-Apr, net flow into equity was NGN 22bn outflow compared to NGN 133bn outflow a year earlier