President Tinubu lauds NGX N100trn milestone

President Bola Tinubu has expressed excitement over the Nigerian stock market surpassing the N100 trillion benchmark.

In a statement by presidential spokesman Bayo Onanuga, described this achievement as a historic milestone and a strong signal of renewed investor confidence in the economy.

Tinubu stated thus:

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

The NGX All-Share Index closed 2025 with a 51.19 per cent return, eclipsing the 37.65 per cent recorded in 2024 and outperforming major global indices, including the S&P 500 and FTSE 100.

The performance places Nigeria among the world’s best-performing equity markets, adding that the country is no longer a frontier market to be ignored but a destination where value is being unlocked”.