Analysing the activities of foreign equity investors along equity inflows vs equity outflows line shows a net outflow of N2.5 billion following total inflows of N120.5 billion vs outflows worth N123 billion at the end of H1-2022.
“Since 2002, Nigeria has had five general elections, of which the benchmark NGX-ASI has lost an average of 2.9 percent in the second half, July December of the pre-election year. It added that the poor performance of Nigerian equities in the second half of a pre-election year is better understood when analysing the behaviour of investor categories during the period.
It is killing local businesses with speed. I hope we survive till 2023.
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