The president credited investors’ confidence in his economic reforms for the surge in activity on the Nigerian Exchange.
President Bola Tinubu on Tuesday met with the Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange Group in Brazil during his state visit.
A statement by the Presidency on Wednesday morning said the President praised the “remarkable growth” of Nigeria’s capital market under his administration during the meeting.
He also credited investors’ confidence in his economic reforms for the surge in activity on the Nigerian Exchange.
According to Tinubu, the expansion of market capitalisation and trading volumes reflected the strength of his policies.
The statement was titled, “President Tinubu Hosts NGX Group Board and SEC Director-General in Brazil, Invited to NGX Trading Floor.”
“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 declared.
The President reaffirmed his commitment to supporting the market, pledging additional reforms to elevate Nigeria’s financial ecosystem in line with the Renewed Hope Agenda.
Similarly, the statement also noted that the NGX Group CEO, Temi Popoola, and Director Nonso Okpala echoed the praise, noting that “reforms had boosted exchange rate stability, innovation, and investor confidence.”
On his part, the SEC boss lauded Tinubu’s recent signing of the Investment and Securities Act (ISA) 2025, describing it as “one of Africa’s most comprehensive legal frameworks for capital markets” that would propel Nigeria toward a ₦300 trillion market.
NGX Group Chairman, Alhaji Umaru Kwairanga, noted trading volumes and market values had “nearly tripled since the commencement of the current administration,” urging the fast-tracking of listings of major state-owned firms such as NNPC Limited.
He also invited the President to visit the NGX trading floor.
1SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
-
Peter Obi Faces Petition for Allegedly Travelling with Passenger Using Fake Identities
MaTaZ ArIsInGDallas, Texas A fresh petition has been submitted to the Minister of Aviation and Aerospace Development, Festus Keyamo, calling for an investigation into Nigeria Democratic Congress (NDC) presidential candidate Peter Obi over allegations that he repeatedly travelled with a passenger who allegedly used fake identities to board flights. The petition, dated July 12, 2026,…
-
Afrophobia: Should Nigeria ask South African companies to leave?
MaTaZ ArIsInGDallas, Texas Monday Lines 2 Afrophobia: Should Nigeria ask South African companies to leave? By Lasisi Olagunju (Published in the Nigerian Tribune on Monday, 6 July, 2026). Jacob Zuma was President of South Africa when he declared on October 21, 2013 that South Africa should not “think like Africans in Africa, generally.” The remark,…
-
Why I did not take Brazil’s penalty against Norway – Vinicius
MaTaZ ArIsInGDallas, Texas Brazil’s hopes of ending their long wait for World Cup glory came to a painful end after a 2-1 defeat to Norway in the Round of 16, with Erling Haaland scoring twice to eliminate the five-time champions. The aftermath of the defeat was dominated by questions over why Vinicius Júnior did not…
