Tinubu Hails Nigeria’s Capital Market Growth

August 27, 2025

By Ayinde Adeleke

President Bola Ahmed Tinubu has hailed Nigeria’s capital market, praising its remarkable growth and a surge in investor confidence since he took office more than two years ago.

The President highlighted the phenomenal rise in market capitalisation and increased trading activity, which have created new investment opportunities for both Nigerian citizens and international investors.

Speaking on Tuesday during his state visit to Brazil, Tinubu met with the Director-General of the Securities and Exchange Commission (SEC) and the Board of Directors of the Nigerian Exchange Group Plc (NGX Group).

He described the market’s strong performance as a direct reflection of investor belief in his administration’s economic reforms and bold policies.

A statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Wednesday, August 27 reads in part: “President Bola Ahmed Tinubu has commended Nigeria’s capital market’s remarkable growth since he assumed office over two years ago.

“He noted the phenomenal rise in market capitalisation and increased trading activity, which have broadened investment opportunities for Nigerians and international investors.

“President Tinubu spoke on Tuesday during his state visit to Brazil, when he received the Director-General of the Securities and Exchange Commission (SEC) and the Board of Directors of the Nigerian Exchange Group Plc.

“He described the market’s performance as a clear reflection of investor confidence in his administration’s reforms and bold economic measures.

” ‘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,’ President Tinubu said.

“President Tinubu lauded the NGX Board and SEC leadership for their commitment, affirming his administration’s unwavering resolve to elevate Nigeria’s financial ecosystem.

“He stressed that this dialogue is vital to achieving the Renewed Hope Agenda’s economic targets and positioning Nigeria as Africa’s premier investment destination.

“The President promised to continue supporting the capital market and was ready to implement additional reforms to strengthen and expand the sector.”

Credit: X | DOlusegun