President Bola Tinubu has lauded the Nigerian Exchange (NGX) for surpassing the ₦100 trillion market capitalisation mark, describing the feat as a historic milestone and a clear indication of renewed investor confidence in the Nigerian economy.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said the development signalled a new phase of economic rejuvenation driven by ongoing reforms.
“With the Nigerian Exchange crossing the historic ₦100 trillion market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He noted that the performance of the capital market reflected growing confidence in government policies and the resilience of the economy, particularly in the face of global economic uncertainties.
According to the statement, the NGX All-Share Index closed 2025 with a return of 51.19 per cent, significantly higher than the 37.65 per cent recorded in 2024. The market also outperformed major global indices, including the S&P 500 and the FTSE 100.
The President said the strong performance placed Nigeria among the world’s best-performing equity markets, adding that the country was no longer a frontier market to be overlooked.
“Nigeria is increasingly being seen as a destination where value is being created and unlocked,” the statement added.
Tinubu reaffirmed his administration’s commitment to policies that promote transparency, deepen the capital market, and sustain investor confidence, stressing that the gains recorded must translate into broader economic growth and improved living standards for Nigerians.
Leave a Reply