President Bola Ahmed Tinubu has reaffirmed his commitment to sustaining economic reforms, crediting the remarkable rise in Nigeria’s capital market to strong investor confidence.
Speaking in Brazil during a meeting with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange (NGX) Group, Tinubu noted that the expansion in market capitalisation and trading activity reflects the effectiveness of his policies.
In a statement by Presidential Adviser Bayo Onanuga, the President said: “Nigeria’s markets must be a trusted engine of enterprise and prosperity. My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian.”
The President assured that more reforms are underway under his Renewed Hope Agenda to strengthen the financial ecosystem.
The SEC Director-General praised Tinubu for signing the Investment and Securities Act (ISA) 2025 into law, which he described as a milestone that would push Nigeria’s market toward a ₦300 trillion benchmark.
NGX Chairman, Alhaji Umaru Kwairanga, observed that market value and trading activity have almost tripled under Tinubu’s leadership, calling for accelerated listings of major state enterprises such as the Nigerian National Petroleum Company (NNPC) Limited.
NGX Chief Executive Officer Temi Popoola and Director Nonso Okpala also applauded the reforms, citing significant improvements in currency stability, investor trust, and market-driven innovation.