In the first seven months of 2025, everyday Nigerians invested over N981 billion into equities listed on the Nigerian Exchange (NGX). This represents a sharp 56 percent year-on-year increase, compared to N630 billion invested during the same period in 2024.
The trend highlights the increasing participation of ordinary citizens in the capital market.
However, withdrawals were higher, as domestic retail investors pulled out about N1.007 trillion, a 57 percent jump from N640.9 billion last year. The scale of both inflows and outflows underscores a significant shift: more Nigerians are actively engaging with the stock market than ever before. For a country where a huge chunk of the population remains unbanked or underbanked, this trend points to a broadening of financial inclusion beyond traditional banking.