Browsing: Foreign Investors

The average yield on Nigerian Eurobonds decreased slightly following a moderate buying interest by offshore investors in the market. The yield contracted as foreign portfolio investors increased their position amidst uncertainties in the Nigerian economy.

The total transactions by foreign investors on the Nigerian Exchange Ltd. (NGX) increased by 28.19 per cent between March and April. The NGX revealed this in its Domestic and Foreign Portfolio Investment Report, made available to the newsmen in Lagos.