Nigeria President Hails NGX Milestone as Market Capitalisation Hits N100 Trillion

President Bola Tinubu has praised corporate Nigeria, investors, and capital market stakeholders after the Nigerian Exchange crossed the N100 trillion market capitalisation mark. He described the feat as a major boost for confidence in the Nigerian economy and a signal of stronger market participation.

In a statement issued on Thursday and signed by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu referred to the milestone as “the birth of a new economic reality and rejuvenation.” He said that the achievement reflects the resilience of Nigerian businesses and the optimism of both domestic and foreign investors.

Furthermore, the President urged Nigerians to deepen their participation in the local market. He noted that increased investments drive innovation, improve liquidity, and strengthen companies across key sectors. He also explained that broad-based investment helps create jobs and supports long-term economic growth.

The statement added that the N100 trillion mark for market capitalisation Hits N100 Trillion did not happen by chance. Instead, it resulted from a combination of fiscal reforms, monetary adjustments, and policy decisions aimed at improving investor confidence. According to the Presidency, these steps helped stabilize the market environment and encouraged capital inflows.

Meanwhile, analysts and market operators have welcomed the development. Many see it as proof of expanding investor interest in Nigerian listed companies, especially in banking, telecoms, oil and gas, and consumer goods. Some analysts also argue that the milestone can attract additional foreign investors who monitor performance indicators closely.

President Tinubu commended the Nigerian Exchange Group, regulators, brokers, and listed firms for their collective roles. He stressed that collaboration between government and the private sector remains vital for sustained growth. He also reaffirmed his administration’s commitment to reforms that support transparency, competitiveness, and business expansion.

As confidence builds, market stakeholders expect new listings, stronger capital formation, and broader retail participation. The President encouraged citizens to explore multiple investment channels responsibly, noting that an informed investment culture benefits the entire economy.

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