President Bola Tinubu has commended stakeholders in Nigeria's capital market for propelling the Nigerian Exchange Limited (NGX) beyond the historic ₦100 trillion market capitalization threshold.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President hailed the milestone as a powerful inspiration for investors in the nation's money and capital markets.
He called on Nigerians to increase their investments in the domestic economy, expressing confidence that ongoing economic reforms will deliver even stronger results in 2026.
"This historic crossing of the ₦100 trillion mark signals the emergence of a new economic reality and rejuvenation for Nigeria," President Tinubu said.
He highlighted the NGX All-Share Index's impressive 51.19% return in 2025 ,surpassing the 37.65% gain in 2024, placing it among the world's top-performing markets and outperforming benchmarks like the S&P 500, FTSE 100, and several BRICS+ peers.
"Nigeria is transforming from a overlooked frontier market into an attractive destination for value discovery," he noted, adding that the stock market's strength reflects broader economic health and growing investor confidence.
The President pointed to robust performances across sectors, including industrial firms localizing supply chains and banks showcasing resilience through innovation.
He anticipated further growth from upcoming listings in energy, technology, telecommunications, and infrastructure, which would expand market depth and promote wider ownership of the economy.
Tinubu linked the market success to the positive impacts of his administration's reforms.
Inflation has declined for eight consecutive months, dropping from a peak of 34.8% in December 2024 to 14.45% in November 2025, with forecasts suggesting it could dip below 10% by year-end and reach 12% in 2026.
Other achievements include a projected current account surplus rising to $18.81 billion in 2026, a 48% surge in non-oil exports to ₦9.2 trillion by Q3 2025, and foreign reserves exceeding $45 billion on track to surpass $50 billion in early 2026.
Infrastructure advancements, such as expanding rail networks, major highways like Lagos-Calabar and Sokoto-Badagry, port revitalization, improved healthcare, and student support via the Nigeria Education Loan Fund (NELFUND), were also emphasized.
"Nation-building requires hard work, sacrifice, and citizen focus. This ₦100 trillion milestone broadcasts to the world that Nigeria's economy is robust and productive," Tinubu stated.
He pledged continued efforts to foster a transparent, high-growth economy, bolstered by new tax and fiscal reforms effective from January 1, 2026. "We are just getting started," he concluded.
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