President Bola Ahmed Tinubu on Tuesday hailed the impressive strides of Nigeria’s capital market, acknowledging the confidence of local and international investors in the administration’s sweeping reforms.

The President, who is on a state visit to Brazil, met with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange (NGX) Group.

According to a statement released by the Presidency and signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu stated that the market’s expanded capitalisation and high trading activity symbolise the strength of ongoing economic reforms.

“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,” Tinubu emphasized.

Dr. Agama, in his response, lauded Tinubu’s signing of the Investment and Securities Act (ISA) 2025, noting that the law has provided Nigeria with one of the most progressive regulatory frameworks on the continent. He projected that the market could grow to ₦300 trillion in the near term.

The NGX Chairman, Alhaji Umaru Kwairanga, disclosed that market value and trading volumes had nearly tripled under the current government. He urged the President to fast-track the listing of state-owned corporations like the Nigerian National Petroleum Company (NNPC) Limited to sustain the growth momentum.

Kwairanga extended an invitation to Tinubu to visit the NGX trading floor. Similarly, NGX Chief Executive Officer Temi Popoola and Director Nonso Okpala applauded the reforms, highlighting gains in investor confidence, exchange rate stability, and financial innovation.

Frontpagenews.ng reports that Tinubu reaffirmed his Renewed Hope Agenda and assured stakeholders that reforms in the financial sector will remain a central pillar of his government’s economic blueprint.