President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality” for the country.

In a statement released by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu called the achievement an inspiration for investors in the money and capital markets while urging Nigerians to deepen investments in the local economy.

“With the Nigerian Exchange crossing the historic N100 tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” President Tinubu said.

Highlighting the NGX’s stellar performance in 2025, the President noted that the All-Share Index closed the year with a 51.19 per cent return, surpassing the 37.65 per cent recorded in 2024.

 He added that this performance ranks among the highest globally and has outpaced major indices such as the S&P 500 and FTSE 100, as well as several 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. The stock market reflects the entire economy, and its stellar performance is a significant indicator of the country’s economic health and investor confidence,” he said.

President Tinubu also highlighted the strong performance of listed companies across sectors, from industrial and banking to technology firms.

“From blue-chip industrial giants that have localised their supply chains to a banking sector that has demonstrated resilience and technological innovation, Nigerian companies are proving that the country can deliver strong returns on investment,” he said.

The President emphasised that the milestone is part of a broader economic turnaround resulting from his administration’s reforms, which have improved monetary stability, controlled inflation, and strengthened the naira.

“After the initial headwinds that followed our reforms, we are finally seeing a bend in the inflation curve. Crucial monetary tightening and the removal of distortionary ‘ways and means’ financing have restored stability to the naira.

Investments in the agriculture sector have contributed to a consistent decline in inflation over the past eight months—from a 24-month high of 34.8 per cent in December 2024 to 14.45 per cent in November 2025. Inflation is projected to fall below 10 per cent by the end of this year, leading to improved living standards and accelerated GDP growth,” he said.

He further highlighted improvements in Nigeria’s current account and foreign reserves:

“In 2024, Nigeria posted a current account surplus of $16 bn. The Central Bank projects that our current account balance will rise to $18.81 bn in 2026, up from $16.94 bn in 2025. Foreign reserves have crossed the $45 bn mark, giving the Central Bank the firepower to maintain stability. The naira has stabilised, moving away from the volatility that once fuelled speculation,” he said.

President Tinubu also pointed to infrastructure development, improved healthcare, and educational support as indicators of broader economic progress.

“We are also seeing an expansion of the rail networks, the completion of major arterial roads and the revitalisation of our ports. Our Medicare facilities are improving, medical tourism costs are declining, students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He concluded by urging Nigerians to participate actively in the country’s economic growth and capital markets.

“Nation-building is a process, not a destination. Hard work, sacrifices, and the focus of its citizens build a nation. The N100 tn market capitalisation is a signal to the world that the Nigerian economy is robust and productive. I pledge to continue working unrelentingly to build an egalitarian, transparent, and high-growth economy that will be further catalysed by the historic tax and fiscal reforms that came into full implementation from 1 January,” President Tinubu said.