NGX N100trn Milestone: President Tinubu lauds Exchange

• Charges Nigerians to Invest More Locally

BY BONNY AMADI

Nigerian President Bola Tinubu has lauded the NGX, corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion market value milestone on the Nigerian Exchange (NGX).

President Tinubu described this record achievement as an inspiration for the investing public operating in the money and capital markets.

Meanwhile the NGX Exchange closed trading on Thursday January 08, with market capitalization of N102, 822,172,536,017.63 trillion and 160,806.56 basis points All Share-Index (ASI).

In a commendation release titled “President Tinubu Applauds NGX N100 Trillion Milestone, Charges Nigerians To Invest More Locally” dated January 8, 2026, signed by Bayo Onanuga, Special Adviser to the President (Information and Strategy) and obtained by Westafrica BusinessNews, the Nigerian President called on Nigerians to deepen their investments in the local economy, assuring that 2026 will yield even greater returns as his administration’s economic reforms continue to deliver stronger outcomes.

He said that “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.

“In 2025, while many of the world’s markets struggled with stagnation or tepid recovery, the NGX All-Share Index was on the ascent. It closed 2025 with a 51.19% return, higher than the 37.65% recorded in 2024. This performance ranks among the highest in the world. Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group.

According to President Tinubu, “Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered. As the stock market reflects the entire economy, its stellar performance is a significant indicator of the country’s economic health and the confidence investors have in our economy.

He asserted that “On the NGX, we have witnessed remarkable performances from listed companies across all sectors. 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.

“And we are just getting started. The pipeline for new and upcoming listings looks robust. More indigenous energy firms, tech unicorns, telecoms, and infrastructure-heavy entities are seeking to access the public market to fund their expansion. As these firms are listed, they will boost market capitalisation and deepen democratic ownership of the Nigerian economy.

The president further hinted, “We are not celebrating the super- lative stock market performance in isolation. We are also celebrating the microeconomic effects of our reforms. 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. Furthermore, 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% in December 2024, inflation decelerated to 14.45% as of November 2025, with projections indicating it will reach 12% in 2026. Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians.