President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s capital market, crediting investor confidence in his economic reforms for the remarkable surge in market capitalization and trading volumes.
The President made this declaration on Tuesday during a high-level meeting in Brazil with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, alongside the Board of Directors of the Nigerian Exchange Group (NGX).
The gathering took place as part of his official state visit, underscoring Nigeria’s effort to deepen financial diplomacy while courting global investors.
Tinubu hailed the “remarkable growth” of Nigeria’s capital market since the inception of his administration, noting that the robust performance was a reflection of sound policy direction and rising investor optimism.
“Nigeria’s markets must be a trusted engine of enterprise and prosperity,” the President declared.
“My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian.”
The meeting, confirmed in a State House statement issued by Presidential Adviser Bayo Onanuga, was also used to extend an invitation to the President to visit the NGX trading floor in Lagos – a symbolic step that market players believe will further consolidate investor trust.
Tinubu emphasized that his Renewed Hope Agenda places capital market reforms at the center of Nigeria’s growth story.
He pledged additional regulatory and fiscal measures to expand access to capital, foster innovation, and ensure that the financial system remains globally competitive.
The President’s remarks follow recent policy shifts, including the unification of foreign exchange windows, liberalization of certain financial services, and the passage of the Investment and Securities Act (ISA) 2025, which many experts have described as a game-changer for Nigeria’s financial ecosystem.
SEC Director-General, Dr. Emomotimi Agama, praised the President for signing the ISA 2025 into law, describing it as “one of Africa’s most comprehensive legal frameworks for capital markets.”
He noted that the law lays the foundation for Nigeria to build a ₦300 trillion capital market over the next decade.
According to Agama, the reforms have not only attracted fresh listings but also improved transparency and governance across the financial sector.
He emphasized that investor confidence has significantly improved, particularly among diaspora Nigerians and institutional investors.
In his remarks, NGX Group Chairman, Alhaji Umaru Kwairanga, revealed that market capitalization and trading volumes had nearly tripled since Tinubu assumed office, a growth trajectory largely attributed to decisive economic reforms.
Kwairanga urged the government to accelerate the listing of state-owned enterprises, particularly NNPC Limited and other strategic national assets, to further deepen liquidity and widen investor participation.
“We believe that fast-tracking these listings will not only unlock value for the government but also strengthen Nigeria’s global standing as a vibrant investment destination,” Kwairanga said.
NGX CEO, Temi Popoola, and Board Director Nonso Okpala, echoed the optimism, stressing that the administration’s reforms have stabilized the exchange rate, stimulated innovation, and boosted investor confidence both locally and internationally.
They assured the President that the Exchange would continue to work closely with regulators to create a dynamic marketplace capable of powering Nigeria’s long-term economic ambitions.
Market analysts say Tinubu’s engagement with financial market leaders in Brazil highlights Nigeria’s intention to court foreign capital aggressively.
With rising competition across Africa for investment flows, experts believe Tinubu’s approach signals that Nigeria is ready to reclaim its status as the continent’s leading financial hub.
According to Lagos-based investment banker Chuka Eze, “The President’s clear alignment with the capital market shows investors that government policy is moving in the right direction.
If NNPC and other large entities come to the market soon, Nigeria could easily become Africa’s investment gateway again.”
As global investors watch Nigeria’s economic trajectory, the latest developments suggest a stronger partnership between government, regulators, and market operators.
For many stakeholders, the combination of the Renewed Hope Agenda, ISA 2025, and rising investor participation signals the dawn of a more resilient Nigerian capital market.
President Tinubu’s Brazil meeting with NGX and SEC leaders is therefore not only a diplomatic engagement but also a strategic economic signal — one that could unlock billions in fresh investments while strengthening Nigeria’s path toward sustainable growth.