President Bola Ahmed Tinubu has projected an economic shift, forecasting that inflation will drop below 10% by the end of 2026. This was as a result of the growth of the Nigerian Exchange (NGX), whose market capitalization surpassed the ₦100 trillion mark for the first time in history on January 5.
The NGX market capitalization increased by ₦1.87 trillion in a single day (Monday, Jan 5) to cross the ₦100 trillion threshold.
The NGX All-Share Index delivers a 51.19% return in 2025, outperforming global indices like the S&P 500 and the FTSE 100.
While the Central Bank of Nigeria (CBN) has a more conservative baseline of 12.9%, the President is pushing for a sub-10% rate by year-end. Government officials credit this downward trend, from a peak of 34.8% in 2024 to 14.45% in late 2025, to monetary tightening, the removal of Ways and Means financing, and a 48% surge in non-oil exports.
Inflation has dropped for eight consecutive months as of late 2025, driven by improved agricultural yields and the stability of the naira.
As a result of this growth, the Federal Government plans to launch new investor desks to streamline policy communication.
Share
Your news. Your way. Follow our WhatsApp channel.
- advert -
Leave a comment