Nigerians have been urged to invest more locally because the country has now become a compelling investment destination, where value is being created and discovered.
This is the view of President Bola Tinubu, who expressed confidence that 2026 would deliver even stronger returns as the impact of his administration’s economic reforms continues to materialise.
He was reacting to the historic N100 trillion market capitalisation mark of the Nigerian Exchange (NGX) Limited achieved on Monday, describing the feat as a powerful signal of renewed investor confidence and economic rejuvenation.
In a statement, the President said, “With Nigerian Exchange crossing the historic N100 trillion market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” noting that the All-Share Index (ASI) closed 2025 with a 51.19 epr cent return, up from 37.65 per cent in 2024, ranking among the strongest performances globally and outperforming major indices including the S&P 500, FTSE 100, and several emerging-market peers.
“Nigeria is no longer a frontier market to be overlooked, it is now a compelling investment destination where value is being created and discovered,” he declared.
Mr Tinubu emphasised that robust stock market performance reflects broader economic health and rising investor confidence, highlighting several factors behind the market’s strong performance: impressive results across listed companies, a growing pipeline of new listings spanning energy, technology, telecommunications, and infrastructure, as well as broader macroeconomic improvements including easing inflation, a stabilising naira, rising foreign reserves, and expanding exports.
He reiterated his administration’s commitment to building an inclusive, transparent, and high-growth economy, stressing that the N100 trillion milestone sends a powerful message to the global investment community.
“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,” Mr Tinubn affirmed.
In his remarks, the Director-General of the Securities and Exchange Commission (SEC), Mr Emomotimi Agama, credited President Tinubu’s leadership for driving the market to historic heights.
“The N100 trillion milestone is a direct result of the administration’s decisive reforms and unwavering commitment to transparency and fiscal discipline.
“These policies have renewed investor trust and solidified the credibility of Nigeria’s capital market,” Mr Agama stated, reaffirming the agency’s alignment with the President’s economic vision, pledging to strengthen oversight, protect investors, and uphold governance standards to ensure sustained growth and resilience.
On his part, the chief executive of NGX Group Plc, Mr Temi Popoola, commended President Tinubu for providing the policy clarity and reform momentum that have bolstered investor confidence.
“This milestone underscores the success of ongoing reforms and the exchange’s commitment to market depth, transparency, and inclusive growth. 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,” Mr Popoola noted.
He added that NGX Group would continue collaborating with regulators and stakeholders to attract quality listings, deepen liquidity, and expand retail participation, reinforcing our position as a catalyst for sustainable economic growth.