President Bola Ahmed Tinubu has hailed the Nigerian Exchange (NGX) for surpassing a historic ₦100 trillion market capitalization, calling it a testament to growing investor confidence in the country’s economy. Speaking from the State House in Abuja, Tinubu described the achievement as a reflection of “a new economic reality and rejuvenation” and urged Nigerians to increase participation in the capital market to drive broader economic growth, ChannelsTV reported.
He highlighted that the NGX All‑Share Index returned 51.19 percent in 2025, outperforming the 37.65 percent in 2024 and surpassing major global benchmarks including the S&P 500 and FTSE 100. According to businessday, strong performances from companies across industrial, banking, energy, technology, and telecom sectors were key drivers of the record valuation.
The president credited the milestone to broader economic reforms, citing stabilised inflation, a stronger naira, rising foreign reserves, and growth in non-oil exports as factors underpinning macroeconomic stability. He also pointed to a robust pipeline of new listings, particularly in energy, technology, and infrastructure, which he said would deepen market capitalisation and promote “democratic ownership” of Nigeria’s economy.
Echoing Tinubu’s remarks, the Securities and Exchange Commission and NGX Group leadership noted that policy clarity, fiscal discipline, and improved market transparency have boosted investor confidence and liquidity. They pledged continued collaboration with regulators and stakeholders to attract quality listings, expand retail participation, and sustain long-term growth in Nigeria’s capital markets, as highlighted by nairametrics.
