PRESIDENT Bola Tinubu has welcomed the Nigerian capital market’s crossing of the ₦100 trillion market capitalisation threshold, describing it as a landmark achievement and clear evidence of renewed investor confidence in the economy.
In a statement issued by his spokesperson, Bayo Onanuga, the president said the milestone marks a turning point for Nigeria’s economy, signalling what he called the emergence of a new economic phase and revitalised growth prospects.
He noted that the Nigerian Exchange’s performance reflects strong fundamentals and growing confidence among both local and international investors.
The NGX All-Share Index closed 2025 with a return of 51.19 per cent, outperforming the 37.65 per cent recorded in 2024 and exceeding gains posted by major global indices such as the S&P 500 and the FTSE 100.
According to Tinubu, this performance places Nigeria among the world’s top-performing equity markets and reinforces its position as a destination where real value is being created.
The president highlighted strong performances by companies across critical sectors, pointing to industrial firms that have strengthened local supply chains and a banking sector driven by innovation and technology.
He also noted that the exchange has a solid pipeline of new listings, with indigenous energy firms, technology companies, telecom operators and infrastructure-focused businesses preparing to raise capital for expansion.
On the broader economy, Tinubu said inflation has continued to ease following the initial impact of reforms, falling from a 24-month peak of 34.8 per cent in December 2024 to 14.45 per cent by November 2025.
He added that projections indicate inflation could drop to 12 per cent in 2026 and potentially fall below 10 per cent before the end of the year.
He attributed recent economic stabilisation to tighter monetary policies, the discontinuation of “ways and means” financing, and increased investment in agriculture, which he said has helped reduce inflationary pressures and stabilise the naira.
Reaffirming his administration’s commitment to economic reforms, Tinubu said the government would continue to pursue policies aimed at building a transparent, inclusive and high-growth economy.
He described the ₦100 trillion market capitalisation milestone as a powerful indication of Nigeria’s economic resilience and productive capacity, while encouraging Nigerians to invest more in the local market.