
Domestic transactions on the Nigerian Exchange have grown by 33.15% over the past 18 years, rising from N3.56 trillion in 2007 to N4.73 trillion in 2024. This growth underscores the strength of local market activities, with domestic investors playing a significant role.
Meanwhile, foreign transactions, although increasing by 38.31% from N616 billion in 2007 to N852 billion in 2024, still represent a smaller portion of the total market activity. According to The PUNCH, domestic transactions reached N3.73 trillion year-to-date as of October, accounting for 83.35% of total market activity.

In addition, equity trading has experienced a notable surge in the last three years, with total transactions reaching N10.82 trillion by December 31, 2024. This growth has been driven largely by local investor participation, which continues to be a key factor in the expansion of Nigeria’s equity market.