President Bola Tinubu says Nigeria’s capital market has witnessed “remarkable growth” under his administration, crediting investor confidence in his reforms for the surge.
Tinubu spoke in Brazil while meeting the Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, and the Board of the Nigerian Exchange Group during his state visit.
According to the Presidency, market capitalisation and trading volumes have almost tripled since 2023, reflecting stronger investor participation.
Tinubu promised more reforms to make the market a “trusted engine of enterprise and prosperity,” stressing that his government would keep pushing policies to unlock capital and protect investors.
SEC boss Agama hailed the President for signing the Investment and Securities Act 2025, calling it one of Africa’s strongest legal frameworks that could drive the market toward ₦300 trillion.
NGX Group Chairman, Umaru Kwairanga, also urged Tinubu to fast-track the listing of major state-owned firms like NNPC Limited, while inviting him to the NGX trading floor.
NGX leaders Temi Popoola and Nonso Okpala said the reforms had boosted exchange rate stability and investor confidence.
