President urges Nigerians to boost local investments, citing strong 2025 returns and economic reforms driving investor confidence
President Bola Ahmed Tinubu has hailed Nigerian Exchange Group (NGX Group), corporate leaders, market intermediaries, and the broader investment community for pushing NGX’s market capitalisation beyond the N100 trillion mark. He described the breakthrough as a defining moment that reflects a revival of investor confidence and a clear shift in Nigeria’s economic trajectory.
In his congratulatory message, the President encouraged Nigerians to increase their investment exposure at home, noting that the reforms rolled out by his administration are expected to deliver even stronger market outcomes in the coming year. He expressed confidence that 2026 will consolidate the progress made so far as policy adjustments gain deeper traction.
“With Nigerian Exchange crossing the historic N100 trillion market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” President Tinubu said.
He highlighted the NGX All-Share Index’s impressive full-year performance, closing 2025 with a return of 51.19 percent compared with 37.65 percent in 2024, a result that placed Nigeria among the best performing stock markets worldwide. The President underscored that the domestic market outpaced heavyweight indices such as the S&P 500 and the FTSE 100, as well as several emerging market rivals.
“Nigeria is no longer a frontier market to be overlooked, it is now a compelling investment destination where value is being created and discovered,” the President declared.
He attributed the market’s momentum to strong corporate earnings, a rising number of new listings across energy, technology, telecommunications, and infrastructure, and an improving macroeconomic climate supported by easing inflation, a more stable currency, stronger external reserves, and growing export volumes.
Responding to the President’s remarks, the Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, credited the administration for the renewed vibrancy in the capital market. “The N100 trillion milestone is a direct result of the administration’s decisive reforms and unwavering commitment to transparency and fiscal discipline,” Agama stated. “These policies have renewed investor trust and solidified the credibility of Nigeria’s capital market.”
Agama reaffirmed that the SEC is fully aligned with the President’s economic agenda, pledging to deepen regulatory scrutiny, strengthen investor protection, and uphold governance standards to ensure the market’s long term sustainability.
Temi Popoola, Group Managing Director and CEO of Nigerian Exchange Group Plc, also praised the President for providing the clarity and policy stability that investors have long demanded.
“This milestone underscores the success of ongoing reforms and the Exchange’s commitment to market depth, transparency, and inclusive growth,” Popoola said.
“The capital market has responded positively to improved macroeconomic coordination and clear reform direction, creating an enabling environment for sustainable investment. It validates our focus on market development, innovation, and creating an environment where both local and global investors can deploy capital with confidence.”
Popoola stressed that NGX Group will continue working closely with regulators and industry stakeholders to draw in high quality listings, expand liquidity, and boost retail investor activity, enhancing its role in driving sustainable national growth.
President Tinubu wrapped up his remarks by restating his administration’s determination to build a dynamic, transparent, and broad based economy. He noted that the N100 trillion feat sends a clear signal to global investors. “Nation-building is a process, not a destination. The N100 trillion market capitalisation is a signal to the world that the Nigerian economy is robust, productive, and open for business,” the President affirmed.
