The Tinubu Media Volunteers (TMV) has applauded the positive impact of President Bola Tinubu’s economic reforms on the country’s capital formation and growth.
In a statement signed by its Chairman Chukwudi Enekwechi and Secretary Segun Ogedengbe, it argued that the reforms have continued to boost the stock market.
The statement read in part, “It is noted that based on the reforms embarked upon by the President Bola administration on assumption of office local capital and domestic corporates are responding positively to the stock exchange market, while the surge of investors in the capital market is recording huge returns on investments.
“Already we are witnessing strong domestic capital mobilisation and strengthened corporate balance sheet.
“We also acknowledge that while local capital is playing a very strong role in the country’s economy today, markets have risen by more than 50% in 2025, even as issuers are raising new capital while retail investors are returning to the market, and governance standards are witnessing noticeable improvement.
“We believe that with these development Nigeria’s capital market is positioning itself towards supporting larger transactions and broader wealth creation opportunities for investors.
“It is also remarkable that stock market investors in Nigeria have over the past two and a half years gained immensely from their investments with enhanced dividends and capital appreciation.
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“There is no doubt that this is a sign of investors’ renewed confidence in the Nigerian economy.”
The group noted that the President Tinubu administration’s reform agenda has gone a long way to restoring macroeconomic stability, strengthening fiscal sustainability and attracting long-term investments into the country.
