President Bola Tinubu has lauded the Nigerian Exchange (NGX) for surpassing the historic ₦100 trillion market capitalization mark, describing it as a “signal to the world” that the Nigerian economy is robust and productive. In a state house press statement released on Thursday, January 8, 2026, the President highlighted that the NGX All-Share Index closed 2025 with a 51.19% return, significantly outperforming many emerging-market peers and global indices like the S&P 500. He attributed this “stellar performance” to the resilience of blue-chip industrial giants and a technologically innovative banking sector that has thrived despite global stagnation.
The President used the occasion to urge Nigerians to deepen their investments in the local economy, promising that 2026 would yield even greater returns. He noted that the country’s current account surplus is projected to rise to $18.81 billion this year, up from $16.94 billion in 2025. According to the President, his administration’s “bold fiscal reforms” have finally led to a bend in the inflation curve, with headline inflation decelerating from a 2024 high of 34.8% to 14.45% by late 2025. He projected that inflation would likely fall below 10% before the end of 2026, leading to improved living standards nationwide.
Furthermore, the President revealed that Nigeria’s foreign reserves have crossed the $45 billion mark, providing the Central Bank of Nigeria (CBN) with the “firepower” to maintain Naira stability and ward off speculation. Non-oil exports surged by 48% in the third quarter of 2025, totaling ₦9.2 trillion, with exports to other African nations nearly doubling. Tinubu emphasized that the country is now “exporting more and importing less,” a transition facilitated by the revitalization of ports and the completion of major infrastructure projects like the Lagos-Calabar and Sokoto-Badagry superhighways.
Concluding the statement, the President reaffirmed his commitment to building an egalitarian and high-growth economy. He pointed to the Nigeria Education Loan Fund (NELFUND) and improved healthcare facilities as evidence that the macroeconomic gains are filtering down to ordinary citizens. He pledged that the tax and fiscal reforms which came into full implementation on January 1, 2026, would further catalyze national prosperity. “Nation-building is a process, not a destination,” he remarked, charging citizens to remain focused on the “new economic reality” of a productive and rejuvenated Nigeria.
