HomeBusinessTinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

Published on


KEY POINTS


  • NGX market value has crossed ₦100 trillion, a historic first for Nigeria
  • Stock market returns in 2025 outpaced several major global indices
  • Tinubu urges Nigerians and companies to deepen local investment

President Bola Tinubu has praised the Nigerian capital market, NGX, for going over the ₦100 trillion mark. He called the moment a turning point for investor confidence and the economy.

Bayo Onanuga, the president’s spokesman, said in a statement that the milestone shows that the market is getting stronger and more stable and that the effects of recent reforms are starting to show.

He said that the change was the start of a new economic reality based on discipline, productivity, and creating long-term value.

The Nigerian Exchange, NGX, has never reached this level of market value, making the achievement a symbolic and practical boost for Africa’s largest economy.

NGX: Strong returns lift global standing

The NGX All Share Index ended 2025 with a return of 51.19%, which is much higher than the 37.65% it got the year before. The performance was also better than the returns of global benchmarks like the S and P 500 and the FTSE 100.

Tinubu said that the numbers put Nigeria among the best-performing equity markets in the world and that investors can no longer ignore the country as a place to invest. He said that value is being released in many parts of the economy.

The president says that banks that have embraced technology and industrial companies that have strengthened local supply chains have been very important in driving growth.

Latest articles

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

Prominent Nigerian Scholar Samuel Osoba Dies at 92

KEY POINTS • Renowned academic Samuel Olusegun Osoba has died at the age of 92...

PDP and APM Sign Alliance Agreement Ahead of 2027 Elections in Ibadan

KEY POINTS • The PDP and Allied Peoples’ Movement have signed a Memorandum of Understanding...

More like this

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

Prominent Nigerian Scholar Samuel Osoba Dies at 92

KEY POINTS • Renowned academic Samuel Olusegun Osoba has died at the age of 92...