President Bola Tinubu on Tuesday held a strategic meeting with the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and the Board of Directors of the Nigerian Exchange Group (NGX) in Brazil, as part of his state visit to the South American nation. The meeting, according to a presidential statement on Wednesday, focused on strengthening investor confidence and deepening reforms in Nigeria’s financial markets.
Tinubu praised what he described as the “remarkable growth” of Nigeria’s capital market under his administration, attributing the surge in trading volumes and market capitalization to his government’s economic reforms. He stressed that his policies had restored confidence among investors and positioned Nigeria’s markets as a reliable engine for growth, enterprise, and prosperity. The President assured that further reforms would be rolled out under his Renewed Hope Agenda to consolidate stability, drive innovation, and protect investors.
Highlighting the significance of recent policy moves, SEC’s Agama commended Tinubu’s signing of the Investment and Securities Act (ISA) 2025, describing it as one of the most comprehensive frameworks for capital markets in Africa. He said the law had set Nigeria on course to achieve a ₦300 trillion market valuation, underscoring its potential to transform the country’s financial ecosystem.
NGX Group leaders, including CEO Temi Popoola, Director Nonso Okpala, and Chairman Alhaji Umaru Kwairanga, also lauded the administration’s reforms. They noted improvements in exchange rate stability, innovation, and investor confidence since Tinubu took office. Kwairanga revealed that trading volumes and market values had nearly tripled during the period and urged the government to fast-track the listing of major state-owned firms such as NNPC Limited to expand opportunities in the capital market.
The NGX chairman further invited President Tinubu to visit the trading floor in Lagos as a show of support to the financial sector. In response, the President reaffirmed that his administration would continue to prioritize reforms that unlock capital and ensure inclusive growth across all sectors of the Nigerian economy.
