Tinubu Hails Capital Market Growth, Pledges More Reforms
President Bola Tinubu praised Nigeria’s capital market growth, describing it as renewed proof of investor confidence.
Speaking in Brazil, he promised deeper reforms to sustain momentum and strengthen the financial system.
President Bola Ahmed Tinubu has praised the impressive growth of Nigeria’s capital market over the past two years, describing it as proof of renewed investor confidence in the country’s economy.

Speaking on Tuesday during his state visit to Brazil, Tinubu met with the Director-General of the Securities and Exchange Commission (SEC) and the Board of the Nigerian Exchange Group Plc. He noted that market capitalization and trading volumes have risen sharply, creating fresh opportunities for both local and foreign investors.
“The market’s performance clearly reflects confidence in our reforms and bold economic measures,” Tinubu said, commending the NGX Board and SEC leadership for their role in driving growth. He reiterated his administration’s commitment to strengthening the financial system as part of the Renewed Hope Agenda, promising to deepen reforms that will sustain the momentum.
SEC Director-General Dr. Emomotimi Agama hailed the recently signed Investment and Securities Act (ISA) 2025, describing it as one of Africa’s most comprehensive capital market laws. He said the Act would push Nigeria toward a ₦300 trillion market size, while enhancing wealth creation, investor protection, and regulatory transparency.
Chairman of the NGX Group, Alhaji Umaru Kwairanga, also applauded the President’s reforms, disclosing that trading activity and market value have nearly tripled under the current administration. He called for speedy listing of state-owned enterprises, including NNPC Limited, and the introduction of tax incentives to consolidate gains.
Kwairanga further invited the President to visit the NGX trading floor to celebrate the market’s achievements.