President Bola Ahmed Tinubu has projected inflation to fall below 10 per cent in the year 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” said Bayo Onanuga, Special Adviser to the President on Information and Strategy.He spoke in a statement where he praised corporate Nigeria and other stakeholders in the Nigerian capital market for surpassing the N100 trillion market capitalisation on the Nigerian Exchange (NGX)He promised that with the ongoing economic reforms expected to bring about greater returns, 2026 will be a better year for investors in the country.Daily Trust reports that the NGX achieved the N100 trillion market capitalisation target on Monday with the data showing the market capitalisation closed at N101.80 trillion.Market cap represents the total value of outstanding shares of companies in the stock market.President Tinubu who described the achievement as an inspiration for the investing public operating in the money and capital markets, urged Nigerians to deepen their investments in the local economy, assuring that “2026 will yield even greater returns as his administration’s economic reforms continue to deliver stronger outcomes.”Onanuga said, “With the NGX crossing the historic N100 trillion market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation.”He argued that while many of the world’s markets struggled with stagnation or tepid recovery in 2025, “the NGX All-Share Index was on the ascent. It closed 2025 with a 51.19% return, higher than the 37.65% recorded in 2024. This performance ranks among the highest in the world. Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group
“Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered. As the stock market reflects the entire economy, its stellar performance is a significant indicator of the country’s economic health and the confidence investors have in our economy.
“On the NGX, we have witnessed remarkable performances from listed companies across all sectors. From blue-chip industrial giants that have localised their supply chains, to a banking sector that has demonstrated resilience and technological innovation, Nigerian companies are proving that the country can deliver strong returns on investment.”