The Nigerian President, Bola Ahmed Tinubu, hosted the leadership of the Nigerian Exchange Group (NGX), Securities and Exchange Commission (SEC), and capital market operators in Brazil today.
According to President Tinubu, Nigeria’s capital market has become one of Africa’s strongest signals of reform, resilience, and opportunity.
In just over two years, Nigerians have witnessed the market grow stronger, deeper, and more trusted—a clear sign that investor confidence has returned and that the reforms are delivering results, he explained further.
Going forward, Tinubu said Nigerians can expect continued efforts to unlock capital, safeguard investors, and drive innovation, ensuring the economy works for every Nigerian and every investor.
“In Brazil today, I hosted the leadership of the NGX Group, our Securities & Exchange Commission, and capital market operators. I assured them of our clear commitment: Nigeria will remain Africa’s premier investment destination, with rules that protect investors and reforms that unlock growth,” he said.
President Bola Tinubu called for the accelerated listing of major state-owned enterprises, including NNPC Limited, while also proposing tax incentives to sustain growth in the capital market.
Group Chief Executive Officer of NGX Group, Temi Popoola, highlighted the need to position Nigeria’s Exchange as a global investment hub by strengthening partnerships, modernizing market infrastructure, and driving product innovation. He expressed appreciation to the president for his bold reforms and stressed that expanding retail investor participation through digital platforms would foster inclusive and sustainable market growth.
Similarly, Nonso Okpala, Director of NGX Group Plc, praised the administration’s reform agenda, noting that exchange rate stability under the Renewed Hope Agenda has supported the company’s performance. He further urged other Nigerian businesses to list on NGX as a way to democratize wealth creation and expand participation.
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