Tinubu reacts as NGX hits N100tn milestone

President Bola Tinubu has said Nigeria has become a market destination that can no longer be ignored, as the Nigerian Exchange Limited recorded a N100 trillion market capitalization milestone.

Tinubu made this known in a statement released on Thursday by presidential spokesperson Bayo Onanuga.

The President hailed corporate Nigeria, citizens, and other stakeholders for achieving the milestone.

He urged Nigerians and foreign investors to deepen their investments in the local economy, assuring them that 2026 will yield even greater returns as his administration’s economic reforms continue to deliver stronger outcomes.

“With the Nigerian Exchange (NGX) crossing the historic N100 trillion market capitalization mark, the country is witnessing the birth of a new economic reality and rejuvenation.

“In 2025, while many of the world’s markets struggled with stagnation or tepid recovery, the NGX All-Share Index was on the ascent. It closed 2025 with a 51.19 percent return, higher than the 37.65 percent recorded in 2024. This performance ranks among the highest in the world. Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group.

“Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered. As the stock market reflects the entire economy, its stellar performance is a significant indicator of the country’s economic health and the confidence investors have in our economy,” he said.