This was according to the Nigerian Stock Exchange polls conducted on a monthly basis which indicate trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows.
Total foreign transactions increased significantly by 244.36 per cent from N60.50 billion recorded in July 2017 to N208.34 billion in August 2017, while total domestic transactions increased by 41.05 per cent from N133.65 billion to N188.52 billion within the same period.
However, monthly foreign inflows outpaced outflows.
On the other hand, total transactions at the nation’s bourse increased by 104.41 per cent from N194.15 billion recorded in July 2017 to N396.86 billion (about $1.30 billion) in August 2017.
Also, the aggregate value of transactions from January to August 2017 increased by 83.38 per cent from N832.31 billion recorded in 2016 to N1.526 trillion in 2017.
Foreign inflows increased by 330.46 per cent from N38.44 billion in July 2017 to N165.47 billion in August 2017, just as foreign outflows also increased by 94.33 per cent from N22.06 billion in July 2017 to N42.87 billion in August 2017.
and then