Tinubu Hails NGX Growth, Backs More Capital Market Reforms
President Bola Tinubu praised the remarkable growth of the Nigerian capital market in the two years since he assumed office. He highlighted the increase in market capitalization, trading activity, and investment opportunities for both Nigerians and international investors.
Tinubu emphasized the need for continued reforms to unlock capital, protect investors, and drive economic innovation. He commended the Nigerian Exchange Group Plc (NGX) and Securities Exchange Commission (SEC) for their commitment to elevating the financial ecosystem.
Tinubu also expressed support for the recent signing of the Investment Securities Act of 2025, aiming to propel Nigeria towards a trillion-dollar market. The Chairman of NGX Group, Umaru Kwairanga, thanked the President for his bold reforms and called for further listings and tax incentives to sustain market momentum.
The CEO of NGX Group, Temi Popoola, highlighted the importance of positioning Nigeria as a global investment hub and expanding retail investor participation. Overall, the article underscores the importance of ongoing capital market.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
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