Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion market capitalisation mark, calling it a strong signal of renewed investor confidence and economic revival. In a statement by his spokesman, Bayo Onanuga, the President credited corporate Nigeria, market operators, and investors for the milestone, describing it as a source of inspiration for the investing public.
Highlighting the stock market’s exceptional performance, Tinubu noted that the NGX All-Share Index ended 2025 with a 51.19% return—well above the 37.65% recorded in 2024 and outperforming global benchmarks like the S&P 500 and FTSE 100. “Nigeria is no longer a frontier market to be ignored; it is a compelling destination where value is being discovered,” the President said, emphasizing that the market’s growth reflects the broader strength of the Nigerian economy.
The President also linked the market’s success to wider economic reforms, including reduced inflation and increased stability of the Naira. From a peak of 34.8% in December 2024, inflation slowed to 14.45% in November 2025, with projections indicating a further drop below 10% by the end of 2026. Tinubu highlighted improvements in the current account, non-oil exports, foreign reserves, and infrastructure projects, noting that these reforms are creating a more robust and productive economy.
Reacting to Tinubu’s remarks, SEC Director-General Emomotimi Agama praised the administration’s reforms for strengthening investor trust and capital market credibility. Similarly, NGX Group CEO Temi Popoola credited clear policy direction and macroeconomic coordination for boosting investor confidence, promising continued collaboration with regulators to attract quality listings, enhance liquidity, and increase retail participation in the market.
Concluding, President Tinubu reaffirmed his commitment to building an inclusive and high-growth economy. “The N100 trillion market capitalisation is a signal to the world that the Nigerian economy is robust, productive, and open for business,” he said, urging Nigerians to deepen investments in local businesses while promising that 2026 will bring even greater returns as reforms take full effect.
source: Leadership