Tinubu Hails N100 Trillion Market Cap as NGX Hits Historic Milestone

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President Bola Tinubu has declared that Nigeria has emerged as a major investment destination that can no longer be ignored, following the Nigerian Exchange Limited’s (NGX) attainment of a historic N100 trillion market capitalisation.

In a statement issued on Thursday by his spokesperson, Bayo Onanuga, the President congratulated corporate Nigeria, investors, and other stakeholders for the achievement, describing it as a reflection of renewed confidence in the country’s economy.

Tinubu urged both local and foreign investors to deepen their participation in the Nigerian economy, assuring them that 2026 would deliver even stronger returns as the administration’s economic reforms continue to gain traction.

He noted that while many global markets experienced stagnation or slow recovery in 2025, the NGX All-Share Index recorded a 51.19 per cent gain, surpassing its 37.65 per cent return in 2024. According to him, the performance ranks among the strongest globally, outperforming major indices such as the S&P 500, FTSE 100, and several emerging markets within the BRICS+ group.

The President said the milestone signals a new economic reality for Nigeria, stressing that the stock market’s strong performance underscores improving economic health and growing investor confidence in the country.

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