President Bola Ahmed Tinubu has celebrated the Nigerian Exchange (NGX) surpassing N100 trillion in market capitalisation, describing it as a historic milestone and a powerful indicator of renewed investor confidence in the nation’s economy.
Okay News reports that in a statement issued by presidential spokesman Bayo Onanuga, Tinubu declared the achievement marks “the birth of a new economic reality and rejuvenation” for Nigeria.
The NGX All-Share Index delivered an impressive 51.19 per cent return in 2025, outperforming the 37.65 per cent gain in 2024 and surpassing major global benchmarks like the S&P 500 and FTSE 100.
Tinubu positioned Nigeria among the world’s top-performing equity markets, no longer a “frontier market to be ignored” but a destination unlocking substantial value.
He highlighted strong performances across key sectors, praising industrial firms that have localised supply chains and a resilient banking sector propelled by technological innovation.
The President noted a robust pipeline of upcoming listings, including indigenous energy companies, technology firms, telecom operators, and infrastructure-related businesses seeking capital for expansion.
On broader economic progress, Tinubu pointed to inflation decelerating from a 24-month peak of 34.8 per cent in December 2024 to 14.45 per cent by November 2025, with forecasts of 12 per cent in 2026 and potentially below 10 per cent by year-end.
He credited monetary tightening, elimination of “ways and means” financing, and agricultural investments for easing price pressures and stabilising the naira.
Tinubu reaffirmed commitment to policies fostering a transparent, inclusive, and high-growth economy, bolstered by tax and fiscal reforms fully effective from January 1, 2026.
The N100 trillion milestone, he said, signals Nigeria’s economic resilience and rising productivity.
The President urged Nigerians to invest more locally, capitalising on opportunities in the revitalised capital market.
