President Bola Tinubu recently 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. According to a statement from the Presidency, the President commended the “remarkable growth” of Nigeria’s capital market under his administration. He attributed the surge in activity on the Nigerian Exchange to investors’ confidence in his economic reforms.
Tinubu noted that the expansion of market capitalisation and trading volumes reflects the strength of his policies. The President emphasized that Nigeria’s markets must be a trusted engine of enterprise and prosperity, and his government will continue to pursue reforms that unlock capital, protect investors, and drive innovation. He reaffirmed his commitment to supporting the market and pledged additional reforms to elevate Nigeria’s financial ecosystem in line with the Renewed Hope Agenda.
The NGX Group CEO, Temi Popoola, and Director Nonso Okpala also praised the reforms, stating that they have boosted exchange rate stability, innovation, and investor confidence. The SEC Director-General, Dr. Emomotimi Agama, 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. This move is expected to propel Nigeria toward a ₦300 trillion market.
NGX Group Chairman, Alhaji Umaru Kwairanga, noted that trading volumes and market values have nearly tripled since the commencement of the current administration. He urged the fast-tracking of listings of major state-owned firms, such as NNPC Limited, and invited the President to visit the NGX trading floor. The meeting highlights the government’s efforts to deepen reforms and improve the country’s financial sector. With the ISA 2025 in place, Nigeria is poised to enhance its capital market and attract more investors, which could have a positive impact on the country’s economy.
