President Bola Tinubu has praised company Nigeria, residents, and different stakeholders within the Nigerian capital marketplace for surpassing the N100 trillion milestone on the Nigerian Trade (NGX).
President Tinubu described this file achievement as an inspiration for the investing public working within the cash and capital markets, in keeping with a press release issued on Thursday by his Particular Adviser on Info and Technique, Bayo Onanuga.
He urged Nigerians to deepen their investments within the native financial system, assuring that 2026 will yield even larger returns as his administration’s {economic} reforms proceed to ship stronger outcomes.
With the Nigerian Trade (NGX) crossing the historic N100 trillion market capitalisation mark, Tinubu famous that the nation is witnessing the start of a brand new {economic} actuality and rejuvenation.
In 2025, he mentioned whereas most of the world’s markets struggled with stagnation or tepid restoration, the NGX All-Share Index was on the ascent. In response to him, “It closed 2025 with a 51.19% return, increased than the 37.65% recorded in 2024. This efficiency ranks among the many highest on the earth. Yr-to-date returns have considerably outpaced the S&P 500, the FTSE 100, and even lots of our emerging-market friends within the BRICS+ group.”
For Tinubu, “Nigeria is now not a frontier market to be ignored—it’s now a compelling vacation spot the place worth is being found. Because the inventory market displays your complete financial system, its stellar efficiency is a big indicator of the nation’s {economic} well being and the arrogance traders have in our financial system.”
“On the NGX, we have now witnessed outstanding performances from listed firms throughout all sectors. From blue-chip industrial giants which have localised their provide chains, to a banking sector that has demonstrated resilience and technological innovation, Nigerian firms are proving that the nation can ship sturdy returns on funding.
“And we’re simply getting began. The pipeline for brand new and upcoming listings seems sturdy. Extra indigenous vitality companies, tech unicorns, telecoms, and infrastructure-heavy entities are in search of to entry the general public market to fund their enlargement. As these companies are listed, they may increase market capitalisation and deepen democratic possession of the Nigerian financial system.
“We aren’t celebrating the superlative inventory market efficiency in isolation. We’re additionally celebrating the microeconomic results of our reforms. After the preliminary headwinds that adopted our reforms, we’re lastly seeing a bend within the inflation curve. Essential financial tightening and the elimination of distortionary ‘Methods and Means’ financing have restored stability to the Naira. Moreover, investments within the agriculture sector have contributed to a constant decline in inflation over the previous eight months. From a 24-month excessive of 34.8% in December 2024, inflation decelerated to 14.45% as of November 2025, with projections indicating it’ll attain 12% in 2026. Certainly, inflation is more likely to fall beneath 10 per cent earlier than the tip of this 12 months, resulting in improved dwelling requirements and accelerated GDP progress. The 12 months 2026 guarantees to be an epochal 12 months for delivering prosperity to all Nigerians,” he added.
Additionally noteworthy, in keeping with the President, is the standing of the nation’s present account, which he mentioned is a legitimate measure of the nation’s general {economic} well being. “In 2024, Nigeria posted a surplus of $16 billion. In response to the Central {Bank} of Nigeria (CBN), our present account stability is projected to rise to $18.81 billion in 2026, up from $16.94 billion in 2025,” he mentioned.
“Underneath our administration, Nigeria is exporting extra and importing much less of what we will produce domestically. Non-oil exports surged by 48% by the third quarter of 2025, totalling N9.2 trillion. Exports to Africa alone rose by 97% to N4.9 trillion. Manufacturing exports elevated by 67% year-on-year within the second quarter of 2025, suggesting a robust near the 12 months.
“Nigeria’s overseas reserves have crossed the $45 billion mark, giving the Central {Bank} the firepower to keep up stability. The Naira has stabilised, transferring away from the volatility that after fuelled hypothesis. The Central {Bank} of Nigeria, in its newest outlook, tasks overseas reserves will cross the $50 billion threshold within the first quarter of 2026.
“We’re additionally seeing an enlargement of the rail networks, the completion of main arterial roads and the revitalisation of our ports. With the transformative Lagos-Calabar and Sokoto-Badagry superhighways, the nation’s infrastructure is rising.
“Our medicare amenities are bettering, and medical tourism prices are declining. Our college students profit from the Nigeria Training Mortgage Fund (NELFUND), and universities are receiving elevated analysis grants.
“Nation-building is a course of, not a vacation spot. Onerous work, sacrifices, and the main focus of its residents construct a nation. The N100 trillion market capitalisation is a sign to the world that the Nigerian financial system is powerful and productive.
“As your chief, I pledge to proceed working unrelentingly to construct an egalitarian, clear, and high-growth financial system that will likely be additional catalysed by the historic tax and financial reforms that got here into full implementation from January 1,” President Tinubu mentioned.