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To achieve stock market stability, investors have urged the government to promote national savings culture through incentives that would ensure improved patronage in the retail segment and increase investment in the market. Besides, they stressed the need for Federal Government to continue to moderate the rate it offers its debt instruments – Treasury bills and FGN bonds, so that portfolio investors will be compelled to look for alternative instruments with better returns such as the equities market. The Nigerian Exchange Limited (NGX) foreign portfolio report confirms the growing apathy to local investment in the capital market. Despite investment opportunities in the Nigerian equities market, given the relatively low prices of stocks, 2020 saw a total foreign outflow of N481.93 billion against an inflow of N247.27 billion while in the month of February 2021, foreign outflow of N39 billion from the equities market was recorded compared to an inflow of N23 billion. ....