President Tinubu Hails Nigerian Capital Market as NGX Crosses ₦100 Trillion Valuation
President Bola Tinubu has welcomed the rise of the Nigerian capital market to over ₦100 trillion, describing the milestone as a major boost to investor confidence and a sign of renewed economic momentum.
In a statement issued by his spokesperson, Bayo Onanuga, the President said the achievement marks a historic turning point for Nigeria’s financial markets and reflects growing trust in the economy.
According to Tinubu, the crossing of the ₦100 trillion market capitalisation threshold on the Nigerian Exchange (NGX) signals the emergence of a stronger and more resilient economic environment.
The President noted that the NGX All-Share Index delivered a 51.19% return in 2025, outperforming the 37.65% gain recorded in 2024 and surpassing leading global benchmarks such as the S&P 500 and FTSE 100.
He said the strong performance places Nigeria among the world’s top-performing equity markets, stressing that the country is no longer a marginal frontier market but a destination where investors can unlock real value.
Tinubu highlighted the solid performance of companies across key sectors, pointing to industrial firms that have strengthened local supply chains and a banking sector powered by technology-driven innovation.
He also revealed that the listing pipeline on the NGX remains strong, with indigenous energy companies, technology firms, telecom operators and infrastructure businesses preparing to raise capital to fund expansion.
On the broader economy, the President said inflation has continued to ease after early reform-related pressures. He noted that inflation declined from a 24-month high of 34.8% in December 2024 to 14.45% by November 2025, with projections of 12% in 2026 and a potential drop below 10% before year-end.
Tinubu attributed recent macroeconomic stability to monetary tightening, the elimination of “ways and means” financing, and increased investment in agriculture, which have helped stabilise the naira and reduce inflationary pressures.
The President reaffirmed his administration’s commitment to policies that promote a transparent, inclusive and high-growth economy, driven by tax and fiscal reforms that took effect on January 1. He described the ₦100 trillion Nigerian capital market milestone as clear evidence of the country’s economic resilience and productivity.
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