President Bola Tinubu’s cheering the Nigerian Exchange for smashing past N100 trillion market cap—calling it proof of rock-solid investor faith in Naija’s economic turnaround amid global jitters.
In a Thursday statement via spokesman Bayo Onanuga, Tinubu spotlighted the NGX All-Share Index’s stellar 51.19% return in 2025 (beating 2024’s 37.65% and outpacing S&P 500, FTSE 100), fueled by banking, tech, industry, and infra stars—urging citizens to pile into local stocks for 2026’s bigger payoffs as reforms ripen.
Inflation crashed from 34.8% (Dec 2024) to 14.45% (Nov 2025), reserves topped $45bn (hitting $50bn Q1 2026), non-oil exports soared 48% to N9.2trn, with Africa’s up 97% and manufacturing 67%. Superhighways like Lagos-Calabar, rail boosts, ports, NELFUND education, and falling medical tourism seal the deal—Tinubu vows transparent growth via fresh fiscal/tax tweaks.


Leave a comment