✨ Tinubu Hails Capital Market Boom in Brazil, Vows More Reforms ✨
President Bola Tinubu has commended the “remarkable growth” of Nigeria’s capital market under his administration, linking the surge to investor confidence in his economic reforms.
The President made this statement in Brazil, where he met with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange Group (NGX) during his state visit.
Key Highlights from the Meeting:
• Tinubu praised the expansion of market capitalization and trading volumes, saying they reflect the strength of his policies.
• He reaffirmed his commitment to reforms that will unlock capital, protect investors, and boost innovation in line with his Renewed Hope Agenda.
• SEC boss, Dr. Agama, hailed the signing of the Investment and Securities Act (ISA) 2025, calling it one of Africa’s most comprehensive frameworks, with the potential to push Nigeria’s market toward a ₦300 trillion valuation. ✨
• NGX Chairman, Alhaji Umaru Kwairanga, noted that market values and trading volumes have nearly tripled since the start of Tinubu’s administration. He also urged the fast-tracking of major state-owned company listings like NNPC Limited.
• NGX CEO, Temi Popoola, and Director Nonso Okpala highlighted that the reforms have also boosted exchange rate stability, innovation, and investor confidence.
Tinubu was also formally invited to the NGX trading floor, signaling stronger ties between government and the capital market.
Quote from Tinubu:
“Nigeria’s markets must be a trusted engine of enterprise and prosperity. My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian.”
Why This Matters:
This meeting reaffirms the central role of the capital market in Nigeria’s economic revival and signals more reforms ahead. Investors and stakeholders can expect policies geared toward deepening the market, unlocking liquidity, and encouraging more listings.
President Bola Tinubu has commended the “remarkable growth” of Nigeria’s capital market under his administration, linking the surge to investor confidence in his economic reforms.
The President made this statement in Brazil, where he met with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange Group (NGX) during his state visit.
Key Highlights from the Meeting:
• Tinubu praised the expansion of market capitalization and trading volumes, saying they reflect the strength of his policies.
• He reaffirmed his commitment to reforms that will unlock capital, protect investors, and boost innovation in line with his Renewed Hope Agenda.
• SEC boss, Dr. Agama, hailed the signing of the Investment and Securities Act (ISA) 2025, calling it one of Africa’s most comprehensive frameworks, with the potential to push Nigeria’s market toward a ₦300 trillion valuation. ✨
• NGX Chairman, Alhaji Umaru Kwairanga, noted that market values and trading volumes have nearly tripled since the start of Tinubu’s administration. He also urged the fast-tracking of major state-owned company listings like NNPC Limited.
• NGX CEO, Temi Popoola, and Director Nonso Okpala highlighted that the reforms have also boosted exchange rate stability, innovation, and investor confidence.
Tinubu was also formally invited to the NGX trading floor, signaling stronger ties between government and the capital market.
Quote from Tinubu:
“Nigeria’s markets must be a trusted engine of enterprise and prosperity. My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian.”
Why This Matters:
This meeting reaffirms the central role of the capital market in Nigeria’s economic revival and signals more reforms ahead. Investors and stakeholders can expect policies geared toward deepening the market, unlocking liquidity, and encouraging more listings.