Tinubu meets NGX board, SEC DG in Brazil, vows to protect investors

President Bola Tinubu says he will continue to pursue reforms that unlock capital, protect investors, and drive innovation in Nigeria’s financial sector.

Tinubu spoke on Tuesday during his state visit to Brazil, according to Bayo Onanuga, special adviser on information and strategy to the president.

Adenuga said the president received Emomotimi Agama, director-general (DG) of the Securities and Exchange Commission (SEC), and the board of directors of Nigerian Exchange (NGX) Group Plc.

Tinubu lauded the NGX board and SEC leadership for their remarkable growth since he assumed office over two years ago and their commitment to elevating Nigeria’s financial ecosystem.

Tinubu attributed the NGX’s strong market performance to his administration’s reforms and bold economic measures.

The president said the reforms have broadened investment opportunities for Nigerians and international investors.

“Nigeria’s markets must be a trusted engine of enterprise and prosperity,” Tinubu said.

“My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian.”

The president said meeting with the NGX and SEC leadership is crucial for achieving the renewed hope agenda’s economic targets and positioning Nigeria as Africa’s top investment destination.

He promised continued support and additional reforms to strengthen the capital market.

On his part, Agama hailed the Investment and Securities Act (ISA) 2025 as a comprehensive framework that will propel Nigeria to a N300 trillion market with strong investor protection.

Umaru Kwairanga, the NGX group chairman, noted that trading volumes and market values have nearly tripled under Tinubu.

Kwairanga urged the president to fast-track listings of state-owned enterprises, such as the Nigerian National Petroleum Company (NNPC) Limited and introduce tax incentives.

Temi Popoola, group chief executive officer (GCEO) of NGX Group, called for stronger partnerships, modernised infrastructure, and product innovation to position NGX as a global investment hub, while expanding retail participation through digital channels.

Also speaking, Nonso Okpala, director of NGX Group, credited the administration’s reforms for the company’s growth, citing exchange rate stability.

Okpala asked more Nigerian businesses to list on NGX to democratise wealth.