The Foreign Portfolio Investment inflows on the Nigerian Stock Exchange dropped to N16.10bn in February as against N22.61bn recorded in January 2017.

NSE made this known in its domestic and foreign portfolio participation in equity trading for February 2017.

The report stated that the total foreign inflows for the period under review declined by 28.79 per cent to N16.10bn when compared with N22.61bn recorded in January.

NSE also said that total foreign outflows decreased by 13.83 per cent from N21.40bn in January 2017 to N18.44bn in February.

The FPI outflow includes sales transactions or liquidation of portfolio investments through the stock market.

Also, the FPI inflow includes purchase transactions on the Nigerian Stock Exchange (equities only).

The report also stated that total transactions at the nation’s bourse decreased by 22.25 per cent to N74.11bn from N95.32bn recorded in January.

According to it, the cumulative transactions from January to February decreased by 15.86 percent from N201.37bn recorded in 2016 to N169.43bn in 2017.

It said that domestic investors outperformed foreign investors by 6.78 percent in February 2017.

The report indicated that domestic transactions decreased by 22.88 per cent to N39.57bn from N51.31bn recorded in January.

Also, the foreign transactions decreased by 21.52 per cent to N34.54bn from N44.01bn recorded the previous month.

It stated further that the institutional composition of the domestic market decreased by 21.93 per cent from N31.19bn recorded in January to N24.35bn in February.

The retail composition decreased by 24.35 per cent from N20.12bn to N15.22bn within the same period.

It said the figure indicated more active participation by institutional investors over their retail counterparts during the period under review.

http://investorsking.com/nse-foreign-investment-inflows-drop-n16-10bn/

All these drop in dollar, drop in this and drop in that how come price of commodity in the market never drop??

Wow.

Earn money on snail business. Check my profile for details.

Still same old same old. Rise and fall, little difference.

The "I blame Buhari squad" running to the thread to drop comments

By the grace of God, very soon, things will get back to normal......



What goes up must surely come down.



Buhari is working. Change is coming

h

Cool, to a certain extent..
Meanwhile, 500W pure sine wave inverter for sale..
This can carry 1 energy saving bulb, 1 t.v & 1 fan..
With inbuilt charger..

N9500
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sad

This is buhari's fault

All those long thing mean say foreigners been no do business with Naija. But why na? Shey na because Buhari been go see him doctor? Oya since he is back, make una show na!

Largely because they cannot take their dollars out easily thanks to restrictions........

Essentially when oil was sky high, foregn investors could come in...because the govt did not need their dollars....so much was flowing in from oil sales....

But once oil went down.....govt needed dollars, and needed them bad. Suddenly them investor dollars looked delicious.

So, as a result, many foreign investors are running for their lives so as not to have their money trapped in Nigeria.

Of course...CBN restrictions caused it. But...those CBN restrictions are why the Naira is not exchanging at N2000 to $1 right now....and why we are not down to our last $10bn dollars like Venezuela...but have been acttually making money (Venezuela's overimportation, which makes Nigeria look like a kindergarterner, and their high cost of getting their crude out of the ground...or the sea to be exact also played a role too...but we digress).

We need a stable source of dollars.....and we need to start working toward that now

alfredo4u:
By the grace of God, very soon, things will get back to normal......



What goes up must surely come down.



Buhari is working. Change is coming

Buhari is a terrorist

three:
Why a seating Government would actively de-market its own economy is bewildering to me

They are not. The problem is that government needs the dollars..(hence CBN restrictions)....and is actively restricting dollar outflows from the country(The varied exchange rates and roundtripping too does not help matters).

Add the fact that it is naturally difficult to do business in Nigeria.....it costs a lot....and thus many foreign investors are running for their lives.

It has happened before...back in the period 1982-2003....when thanks to oil price lows, things were tough dollar wise. (The big difference between then and now is that our dollar needs were not too high...now with everyone buying things from abroad, and everyone going to school abroad...things are tough).

9jakohai:
Largely because they cannot take their dollars out easily thanks to restrictions........

Essentially when oil was sky high, foregn investors could come in...because the govt did not need their dollars....so much was flowing in from oil sales....

But once oil went down.....govt needed dollars, and needed them bad. Suddenly them investor dollars looked delicious.

So, as a result, many foreign investors are running for their lives so as not to have their money trapped in Nigeria.

Of course...CBN restrictions caused it. But...those CBN restrictions are why the Naira is not exchanging at N2000 to $1 right now....and why we are not down to our last $10bn dollars like Venezuela...but have been acttually making money (Venezuela's overimportation, which makes Nigeria look like a kindergarterner, and their high cost of getting their crude out of the ground...or the sea to be exact also played a role too...but we digress).

We need a stable source of dollars.....and we need to start working toward that now

If only 170 million Nigerians can understand this overly simple logic.

9jakohai:
Largely because they cannot take their dollars out easily thanks to restrictions........

Essentially when oil was sky high, foregn investors could come in...because the govt did not need their dollars....so much was flowing in from oil sales....

But once oil went down.....govt needed dollars, and needed them bad. Suddenly them investor dollars looked delicious.

So, as a result, many foreign investors are running for their lives so as not to have their money trapped in Nigeria.

Of course...CBN restrictions caused it. But...those CBN restrictions are why the Naira is not exchanging at N2000 to $1 right now....and why we are not down to our last $10bn dollars like Venezuela...but have been acttually making money (Venezuela's overimportation, which makes Nigeria look like a kindergarterner, and their high cost of getting their crude out of the ground...or the sea to be exact also played a role too...but we digress).

We need a stable source of dollars.....and we need to start working toward that now

This has never really been about just low oil sales but a string of poorly thought reactions and policy from the not so visionary Buhari ..Please why do you guys always want to use Venezuela to threaten Nigerian into submitting to this very poor govt why not use other Oil producing states that whose vision made sure low oil price were just mere figures and not devastating effects

I don't even understand the topic...

9jakohai:


They are not. The problem is that government needs the dollars..(hence CBN restrictions)....and is actively restricting dollar outflows from the country(The varied exchange rates and roundtripping too does not help matters).

Add the fact that it is naturally difficult to do business in Nigeria.....it costs a lot....and thus many foreign investors are running for their lives.

It has happened before...back in the period 1982-2003....when thanks to oil price lows, things were tough dollar wise. (The big difference between then and now is that our dollar needs were not too high...now with everyone buying things from abroad, and everyone going to school abroad...things are tough).

My comment captures the governments actions, inactions and responses since inauguration which have given rise to your comment in bold above

9jakohai:
Largely because they cannot take their dollars out easily thanks to restrictions........

Essentially when oil was sky high, foregn investors could come in...because the govt did not need their dollars....so much was flowing in from oil sales....

But once oil went down.....govt needed dollars, and needed them bad. Suddenly them investor dollars looked delicious.

So, as a result, many foreign investors are running for their lives so as not to have their money trapped in Nigeria.

Of course...CBN restrictions caused it. But...those CBN restrictions are why the Naira is not exchanging at N2000 to $1 right now....and why we are not down to our last $10bn dollars like Venezuela...but have been acttually making money (Venezuela's overimportation, which makes Nigeria look like a kindergarterner, and their high cost of getting their crude out of the ground...or the sea to be exact also played a role too...but we digress).

We need a stable source of dollars.....and we need to start working toward that now

Enough of all these "we need to do this, we need to do that". It's really becoming boring familiar noises.
Since I was a kindergarten pupil, I have become so conversant with all the perfect solutions to Nigeria myriads of problems such as the need to diversify, the need to create jobs, the need to practise modernised agriculture and also the nerd to become less dependent on oil, et.c. Yet, year in year out, none ever get to see the light of the day. politics seems to be the most lucrative investment in our own supposed sane nation. Hmmn!

SalamRushdie:


This has never really been about just low oil sales but a string of poorly thought reactions and policy from the not so visionary Buhari ..Please why do you guys always want to use Venezuela to threaten Nigerian into submitting to this very poor govt why not use other Oil producing states that whose vision made sure low oil price were just mere figures and not devastating effects

OK...let's go to other oil prodcuers

1.Saudi Arabia....which saved massively when times were good.

2.Norway...which has an active industrial sector(which includes making oil rigs, equipment

And in case you noticed....I am actually criticising the govt. They have to move us to being more productive. The problem is...it is going to mean a lot more hardship in the short term.....which they don't want because of 2019 things...and because Nigerians want dollars...not development.

P.S: CBN restrictions do work. Soludo used the same methods in 2008. The difference was that we had heftier savings then...thanks to the miserly Yaradua...and the even sometimes miserly Obj.

kaymart:



Enough of these "we need to do this, to do that". It's really becoming boring familiar noise.
Since I was a kindergarten pupil, I have been familiar with all the solution to Nigeria myriads of problems such as the need to diversify, the need to create jobs, agriculture and less dependence on oil, et.c yet year in year out, none ever get to see the light of the day. politics seems to be the most lucrative investment in our own supposed sane nation. Hmmn!

Well...we do need o do someting....

I could write a long article about how bad our leaders are right now, and how Buhari is a certificateless leader.

But that would only make me feel better....it won't improve anything.

At least....talking about doing soemthing is much better than just grumbling all day long.(And no-that does not mean we should sit down and say 'Buhari is the greatest thing since sliced bread' a hundred times every hour).

What we need to do is to earn dollars...and you do that by diversifying the export base, improving power supply, improving roads and continunig with railway development, and fingting corruption...so that foreign investors would come in

But that means a lot more hardship than this govt is willing to give...because politics(Not a good vote winner if you tell people to tighten their seatbelts more...hence things like CBN's multiple rate system)

At least I can still feed my children without begging buhari....

R