By Danjuma Amodu | January 9, 2026
President Bola Ahmed Tinubu today hailed the Nigerian Exchange (NGX) for surpassing the historic N100 trillion market capitalisation milestone, describing it as a watershed moment signaling Nigeria’s emergence as a compelling global investment destination.
Addressing the nation through a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu congratulated corporate Nigeria, individual investors, regulators, and all stakeholders whose collective efforts turned this landmark into reality.
“The Nigerian Exchange crossing N100 trillion in market value is not just a number. It is the birth of a new economic reality,” Tinubu declared.
“After years of struggle, stagnation, and scepticism, Nigeria’s capital market is finally reflecting the true potential of our economy and investors are taking notice.”
He noted that while global markets grappled with volatility and slow recovery in 2025, the NGX All-Share Index soared, delivering a staggering 51.19% return by year-end, far outpacing the S&P 500, FTSE 100, and even many BRICS+ peers.
“Nigeria is no longer a frontier market to be ignored, It is now a destination where value is being discovered.” Tinubu said.
The President credited the surge to strong performances across sectors, from industrial giants deepening local supply chains to banks leveraging fintech innovation to emerging tech unicorns and infrastructure players preparing for public listings
“More indigenous energy firms, telecoms, and infrastructure-heavy entities are lining up to access capital, and as they list, they will further broaden ownership and deepen the market,” he added.
But Tinubu framed the milestone as more than a financial indicator. He linked it directly to the success of his administration’s economic reforms, particularly monetary discipline, removal of distortionary financing, and aggressive investment in agriculture which together have cooled inflation from a 24-month high of 34.8% in December 2024 to 14.45% by November 2025, with projections suggesting single-digit inflation before year-end.
“Our current account surplus hit $16 billion in 2024 and is projected to climb to $18.81 billion in 2026,” Tinubu said. “Non-oil exports surged 48% to N9.2 trillion by Q3 2025, with exports to Africa alone jumping 97% to N4.9 trillion. Manufacturing exports grew 67% year-on-year in Q2 2025, a clear proof that Nigeria is exporting more and importing less of what we can produce locally.”
Foreign reserves now exceed $45 billion, giving the Central Bank the ammunition needed to stabilise the Naira, which has shed its speculative volatility. Infrastructure upgrades, including expanded rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways are further bolstering investor confidence.
“Healthcare facilities are improving, medical tourism costs are falling, students benefit from NELFUND, and universities receive increased research grants,” Tinubu added. “Nation-building is a process, not a destination and the N100 trillion milestone proves our hard work is paying off.” He added.
The President is calling on all Nigerians to deepen local investment, he assured.
“2026 will yield even greater returns as our reforms continue to deliver stronger outcomes. Invest locally. Believe in Nigeria. The future is ours to build together.”
